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Spread Control MT4

30 USD

Published: 29 August 2026

Current version: 1.0

Spread Control MT4

Utilities
Nikita Chernyshov
Nikita Chernyshov
Russia

6393
4.9 (38)
⚙️ Development for MetaTrader 4\5.
Create an order for me https://www.mql5.com/en/job/new?prefered=profitnik

7 products 60 topics 420 comments
Version: 1.0
Activations: 5

Spread Control is a compact indicator for MetaTrader 4 that allows you to monitor the current spread and its dynamics directly on the instrument chart.

Features

Real-time spread monitoring
Spread change chart with a history of recent values
Calculation of LOW / AVG / HIGH for the displayed period
Spread status color indication:
- normal level;
- warning level;
- critical level
Visual scale of the current spread value
Display of current Bid and Ask
Market activity indicator:
- LIVE — quotes are changing;
- OFFLINE — Bid and Ask have not changed for the specified period
Display of the current symbol and timeframe
Full and Compact modes

Settings

Position X — initial horizontal position of the panel.
Position Y — initial vertical position of the panel.
Refresh Interval — interface refresh frequency.
Spread Sampling Interval — interval for recording spread values into history.
Spread History Size — number of spread values stored in history.
Warning Spread — spread level considered elevated.
Critical Spread — critical spread level.
Market Inactivity Timeout — time without Bid/Ask changes after which the market is shown as OFFLINE.
Status Indicator Blink Interval — blinking speed of the market activity indicator.

When Spread Control Can Be Useful

The indicator can be especially useful:

during high volatility;
before opening a trade;
when trading during news releases;
during trading session transitions;
on instruments with floating spreads;
when comparing trading conditions across different symbols;
for visual monitoring of current quote quality.

Spread Control — less unnecessary information, more control over real trading conditions.

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Spread Control MT4

Nikita Chernyshov

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When Spread Control Can Be Useful