Execution & Broker Monitor MT4 Indicator

Hello Programmer!

1. Objective

Develop an MT4 Indicator (not an EA) that monitors account-wide execution quality and platform health in real time and produces:

• On-screen text display (fixed-width font)
  

• Persistent log files
  

• Real-time alerts (popup + optional email)
  
  

The indicator reads all trade and broker-communication activity generated by:

• Manual trades
  

• Expert Advisors
  

• Script activity
  

• Internal MT4 trade processing
  
  

The indicator does not place, modify, or manage trades.

What the Indicator must track falls into two buckets

Bucket 1 — Trade-Level Recorded Data (Section 4)

Only data that applies to a specific order ticket goes here:

• Ticket
  

• Symbol
  

• Order Type
  

• Lots
  

• Broker Timestamp
  

• Spread at execution
  

• Slippage at open
  

• Slippage at close
  

• Latency at open
  

• Latency at close
  

• Commission
  

• Swap
  

• P/L
  

• Magic Number
  
  

This is per-trade reporting.

Bucket 2 — Platform/Broker Health Monitoring (Section 9)

This is continuous system-level monitoring, independent of any single trade:

• Clock Drift Detection
  

• Server Disconnection Tracking
  

• Ping Monitoring & Ping Volatility
  

• Execution Variance Detection
  

• Swap/Commission Change Detection
  

• Contract Spec Change Detection
  

• Spread Manipulation Pattern Detection
  

• Requote / Rejection Pattern Tracking