Spread Monitor Live

📊 Spread Monitor Live

🔥 Real-time Spread Monitoring Tool for MT5

Version: 1.00
Last update: 15.06.2026
Author: Aleksandr Bezverkhikh

📖 Description

Spread Monitor Live is a lightweight and efficient indicator for MetaTrader 5 that displays the current spread in real time directly on your chart. Perfect for scalpers, day traders, and anyone who needs to keep a close eye on trading conditions.

The indicator shows the spread in points with clear color coding, allowing you to instantly spot when spreads widen beyond your comfortable trading range.

✨ Key Features

Feature Description
Live Spread Display Shows current spread in points in real time
Color Coding TEAL (normal) → ORANGE (warning) → RED (critical)
Customizable Alert Threshold Set your own warning level
Sound Alerts Optional audio notification (OFF by default)
Low Resource Usage Minimal CPU footprint

🎯 Why You Need This

✅ For Scalpers – Every pip matters. Know exactly when spreads are tight enough to enter.

✅ For News Traders – See spread expansion instantly before volatility hits.

✅ For Broker Analysis – Compare which broker gives you the best spreads.

✅ For Risk Management – Avoid entering trades when spreads are abnormally wide.

⚙️ Input Parameters

Parameter Default Description
WarningSpread 20.0 Alert when spread exceeds this value (in points)
bPlaySound false Enable/disable sound alerts
SoundFile "alert.wav" Custom sound file name
NormalColor clrTeal Color for normal spread
WarningColor clrOrange Color for warning level
CriticalColor clrRed Color for critical level

🚀 How to Use

  1. Drag and drop the indicator onto any chart in MT5

  2. Spread will appear in the top-left corner

  3. TEAL color = normal conditions

  4. Orange = spread exceeds warning level

  5. Red = spread is critically wide (1.5x warning level)

  6. Enable sound alerts in settings if desired

💡 Use Cases

📉 Day Trading

Keep the indicator on your main chart to avoid entering during spread spikes.

🔬 Broker Comparison

Run the indicator on multiple brokers simultaneously to compare real-time spreads.

⏰ Session Analysis

Monitor how spreads behave during Asian, London, and New York sessions.

⭐ Why Choose Spread Monitor Live?

  • ✅ Clean, minimalistic design – no clutter

  • ✅ Bold font for easy reading

  • ✅ English labels for international users

  • ✅ Sound alerts (optional)

  • ✅ Lightweight – no heavy calculations

  • ✅ Works on any symbol (Forex, Crypto, Indices, Commodities)


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Floor Watch One number, watched every thirty seconds: how far equity has fallen since the day began — or since its highest point, if it's told to trail the peak instead of the open. Cross the line and it doesn't argue. Every open position closes, every pending order vanishes, and anything that slips through afterward gets shut the moment it appears. Not asked. Removed. The floor holds until the clock turns 5 AM Pakistan time — then, and only then, does the day start over. One rule. No except
RS Trade Copier - le copieur de trades local ultra-rapide avec une véritable interface graphique. Arrêtez de saisir les numéros de compte manuellement. Fini les listes interminables de 200+ paramètres dans l'onglet Inputs. Un outil fiable et flexible pour copier les opérations de trading entre plusieurs terminaux MT5 et MT4. Il convient aux traders expérimentés, aux services de signaux ainsi qu'aux investisseurs privés. Il permet la synchronisation du trading d'un ou plusieurs Providers vers un
Seconds Chart MT5
Boris Sedov
4.61 (18)
Seconds Chart - un outil unique pour créer des graphiques en secondes dans MetaTrader 5 . Grâce à Seconds Chart , vous pouvez créer un graphique avec une période définie en secondes, offrant une flexibilité et une précision idéales pour l'analyse, indisponibles sur les graphiques standards en minutes ou en heures. Par exemple, la période S15 indique un graphique avec des bougies d'une durée de 15 secondes. Vous pouvez utiliser n'importe quels indicateurs et experts advisors compatibles avec les
Power Candles Strategy Scanner - Outil de recherche de configurations multi-symboles à optimisation automatique Le Power Candles Strategy Scanner utilise le même moteur d'auto-optimisation que celui qui alimente l'indicateur Power Candles, pour chaque symbole de votre Market Watch, en parallèle. Un panneau vous indique quels symboles sont statistiquement négociables à l'instant, quelle stratégie est la plus performante pour chacun, la paire Stop Loss / Take Profit optimale, et vous alerte dès qu
EA Auditor
Stephen J Martret
5 (6)
EA Auditor is an independent analysis tool for traders evaluating Expert Advisors and trading signals on MetaTrader 5. It audits backtest reports, reviews posted developer signals, and cross-verifies the two against each other to help traders assess strategies before committing capital. The MQL5 market offers a wide range of Expert Advisors from many developers, with varying approaches, quality, and transparency. EA Auditor provides a consistent, data-driven framework for reviewing them, answer
Astro Trade MT5
Indra Maulana
5 (8)
25% discount on the release of the tool: only for the next 3 buyers Send a message to receive a demo version. AstroTrade Trading Assistant AstroTrade is a comprehensive multi-functional trading utility developed for the MetaTrader 5 platform. It integrates essential tools for trade execution, risk management, and technical monitoring into a single unified interface. The application is designed to assist traders in managing their daily operations through a visual and structured environment. Vi
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Spread Monitor Live Real-time Spread Monitoring Tool for MT4 Version:   1.00 Last update:   15.06.2026 Author:   Aleksandr Bezverkhikh Description Spread Monitor Live   is a lightweight and efficient indicator for MetaTrader 4 that displays the current spread in real time directly on your chart. Perfect for scalpers, day traders, and anyone who needs to keep a close eye on trading conditions. The indicator shows the spread in points with clear color coding, allowing you to instantly s
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Lucy EA MT4
Aleksandr Bezverkhikh
EA Lucy MT4   is an expert advisor designed for trend-following trading — a powerful tool in the hands of a trader. Automatic management capability. A clear, honest tool. Open new series   — enable/disable starting a new series of orders. Start lots   — starting lot. Trade Buy   — allow the EA to buy. Trade Sell   — allow the EA to sell. Use hedge   — when enabled, the EA will trade both directions (buy and sell); when disabled, the EA will trade only one direction. Use Money Management   — ena
GoldenShield MT4
Aleksandr Bezverkhikh
Golden Shield – Account Protection Utility Golden Shield   is a professional risk management utility that automatically closes   ALL open positions   when your account equity falls below a critical level. It works as a "circuit breaker" for your trading account.   Key Features Feature Description Equity Protection Closes all positions when Equity ≤ STOP level Instant Monitoring Checks equity every 50 milliseconds – immediate reaction Interactive Panel Gainsboro panel with Teal ON / Red O
Lucy EA
Aleksandr Bezverkhikh
EA Lucy is an advisor designed to work on the trend, a powerful tool in the hands of a trader. The possibility of automatic control. An understandable and honest tool. Open new series   — enable/disable the start of a new order series. Start lots   — starting lot size. Trade Buy   — allow the EA to buy. Trade Sell   — allow the EA to sell. Use hedge   — when enabled, the EA will trade both buy and sell directions; when disabled, the EA will trade only one direction. Use Money Management   — en
TheGoldenWay
Aleksandr Bezverkhikh
DESCRIPTION The Golden Way   is a proprietary trend indicator, extremely simplified for practical use. Just one line on the chart that clearly shows the trend direction and gives an audible signal when the movement changes. Perfect for scalping (period 5) as well as medium-term trading (period 26 and above). ️   HOW IT WORKS The line is calculated as the average between the high and low over a given period. The indicator compares the current value with the previous one and determines the d
GoldenShield MT5
Aleksandr Bezverkhikh
Golden Shield – Account Protection Utility Golden Shield   is a professional risk management utility that automatically closes   ALL open positions   when your account equity falls below a critical level. It works as a "circuit breaker" for your trading account.   Key Features Feature Description Equity Protection Closes all positions when Equity ≤ STOP level Instant Monitoring Checks equity every 50 milliseconds – immediate reaction Interactive Panel Gainsboro panel with Teal ON / Red
GoldenStar MT5
Aleksandr Bezverkhikh
GoldenStar MT5 — Automated Grid Trading Advisor A fully automated trading robot based on a grid strategy with averaging. Entry direction is determined by a proprietary trend indicator. The advisor includes a control panel, spread monitor, and drawdown reduction algorithm. HOW IT WORKS The advisor uses a proprietary indicator to determine price direction: Upward signal — a buy position is opened. Downward signal — a sell position is opened. After the first order is opened, the advisor builds a g
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