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FXO Broker Spread Information

FXO BROKER SPREAD INFORMATION

Floating spreads are harmful for your trading strategy, even with Raw spread account. it makes a lot difference.

Floating spread goes too high when it's news time or daily or weekend rollovers.

this can affect trades's Expert Advisors, Pending orders and Stop losses.

Therefore this tool is created to find right information about spread while rollovers.

How to use : 

download/paste the program file to Expert Advisor folder, 

Open a chart of any instrument, Load the program, add inputs of your desired instruments you want to check spread. (make sure those pairs are listed in Symbol listing.)

Leave the EA to run for few days (more than a week recommended) and find out when and how much your spreads are high during the period.

as this EA monitors spread, it can not be tested in strategy tester.

you can set desired limits from input, EA will draw Blue and Red lines whenever spread crosses that level.

A very helpful tool to find out broker's floating spread values.



Notes:

1. .ex4 must be loaded in EA folder (not indicator folder).

2. Add symbol name as listed.
e.g. EURUSD or EURUSD.m (if with suffix)

3. Symbols must be listed


For any query

Support : admin@forexmarket.one

Copyright : www.forexmarket.one

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-25% discount ($199 -> $149) Advanced trading tool: One click smart orders that execute under your conditions Developed by trader for trading community:  position size calculator (lot size), open position after price action, strategy builder, set and forget trading, mobile notifications... Risk Management -  Risk percentage position size calculator, gain percentage, target risk reward ratio, spread and commissions are included in calculations 7 Advanced order types   - Set and forget trading
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FXO PRICE ACTION LEVEL NOTIFICATIONS Notes: 1. .ex4 must be loaded in EA folder (not indicator folder). 2. Activate MT4 application notifications by Tools/options/enable push notification. 3. Drag Overlapped Horizontal lines to desired levels at start. This is an Indicator file, it will not take trades by itself. For any query Support: admin@forexmarket.one Copyright: www.forexmarket.one
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