Spread Cost Info MT4 Version

4

The trade cost caused by spreads is an important indicator when formulating trade profit-loss ratios. Spread costs info is particularly important for short-term traders, especially scalping traders. This tool can output the spread cost of all Forex currencies (including XAU and XAG) in the platform in different account types (USD account, EUR account, etc.).


Calculation and code

See articles:

THE TRADE COST OF FOREX CURRENCY Part1

THE TRADE COST OF FOREX CURRENCY Part2

THE TRADE COST OF FOREX CURRENCY Part3

THE TRADE COST OF FOREX CURRENCY Part4


Parameter

  • Lots - set the trade lots to calculate the spread cost, default value is 1.0.


How to use

  1. Before using this tool, you need to set MetaTrader 4's Market Watch to “show all”. The specific operation is shown in the figure below.
  2. The output path is MT4 path\MQL4\Files\SpreadCostData. The file name is the current date. After successful output, the successful output information will be displayed in MetaTrader 4 - Terminal - Experts column. The output path and file name are shown in the figure below.
  3. The first column of the output file is the Forex symbols, the second column is the spread (points) and the third column is the spread cost of trading Lots set in the Parameters (the spread cost is denominated in the account currency). See the figure below for details.

Full version

All spread data  is updated in real time. Download address: https://www.mql5.com/en/market/product/29322.
Avis 3
Miguel Jimenez Cordero
6779
Miguel Jimenez Cordero 2021.06.04 21:05 
 

Good job.

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Custom Alerts : Surveillez plusieurs marchés sans jamais manquer une configuration clé Présentation Custom Alerts est une solution dynamique pour les traders qui souhaitent surveiller plusieurs instruments de manière centralisée. En intégrant les données de nos outils phares — comme FX Power, FX Volume, FX Dynamic, FX Levels et IX Power — Custom Alerts vous alerte automatiquement des mouvements importants du marché sans avoir à surveiller plusieurs graphiques ou risquer de manquer des opportun
Offre spéciale trading – 40 % de réduction Gestionnaire de transactions avancé – La solution tout-en-un par excellence pour un trading manuel plus rapide, plus intelligent et plus sûr. Transformez votre trading manuel avec NextGen Trade Manager AI – le panneau professionnel intégré au graphique qui combine exécution instantanée, planification visuelle des transactions et gestion des risques performante dans un outil intuitif. Exécutez vos ordres, gérez les risques et protégez vos profits plus
KT Renko Live Chart MT4
KEENBASE SOFTWARE SOLUTIONS
L’utilitaire KT Renko Live Chart crée des graphiques Renko sur MT5, utilisables pour la spéculation, l’analyse ou le trading en temps réel. Les graphiques Renko générés par cet outil sont compatibles avec la majorité des indicateurs personnalisés et des Expert Advisors automatisés. Entièrement compatible avec notre indicateur Renko Patterns et le Renko Patterns EA. Fonctionnalités Un outil Renko simple et intuitif qui fournit un graphique Renko sur MT5 sans réglages complexes. Compatible avec l
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The trade cost caused by spreads is an important indicator when formulating trade profit-loss ratios. Spread costs info is particularly important for short-term traders, especially scalping traders. This tool can output the spread cost of all Forex currencies (including XAU and XAG) in the platform in different account types (USD account, EUR account, etc.). Calculation and code See articles: THE TRADE COST OF FOREX CURRENCY Part1 THE TRADE COST OF FOREX CURRENCY Part2 THE TRADE COST OF FOREX C
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This indicator was modified according to the 'Way Of The Turtle'. It generates a channel based on the opening price and ATR values of the current bar. Turtle ATR Channel can be used to help identify overbought and oversold conditions in a market. Calculation upper channel = Open + r1*ATR lower channel = Open - r2*ATR Among them: Open is the opening price of the current bar. ATR is the ATR value of the current bar. r1, r2 are the ATR ratios. Input Parameters ATR Period - set the period of the A
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This indicator was modified according to the 'Way Of The Turtle'. The ATR indicator can be used as a reference to set stop-loss or take-profit, and also can be used to confirm the daily price range (also applicable to other cycles). Calculation The true range value is calculated as follows: TR = MAX(H-L, H-PDC, PDC-L) Among them: H = Highest price of the current bar L = Lowest price of the current bar PDC = Close price of the previous bar The average true range in 'Way Of The Turtle' is calcula
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Spread Costs refers to the amount of the loss caused by the spread, and Swap Benefits refers to the amount of the income gained by overnight positions. Spread Costs is an important indicator for short-term traders, especially for scalping traders, and Swap Benefits is an important indicator for long-term traders. Since the spreads and swaps on the MetaTrader 4 platform are all expressed in points, we need to convert it into the amount expressed in the account currency. This tool can display the
Risk Control Trade Panel  is designed to assist in one-click trading. This tool can automatically calculate the trading lots based on the set risk money, the recommended StopLoss and the recommended TakeProfit. In the information menu, you can view indicators such as the weekly price range and the monthly price range. Followings are highlight features Lotsize is automatically calculated based on the risk money set by the user. The recommended stoploss and recommended takeprofit are automaticall
Spread Costs refers to the amount of the loss caused by the spread, and Swap Benefits refers to the amount of the income gained by overnight positions. Spread Costs is an important indicator for short-term traders, especially for scalping traders, and Swap Benefits is an important indicator for long-term traders. Since the spreads and swaps on the MetaTrader 5 platform are all expressed in points, we need to convert it into the amount expressed in the account currency. This tool can display the
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Miguel Jimenez Cordero
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Miguel Jimenez Cordero 2021.06.04 21:05 
 

Good job.

Matthew Todorovski
13132
Matthew Todorovski 2018.06.12 16:25 
 

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testbacon
35
testbacon 2018.04.26 08:24 
 

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