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Spread Cost Info MT4 Version

3.67

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
6764
Miguel Jimenez Cordero 2021.06.04 21:05 
 

Good job.

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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 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
6764
Miguel Jimenez Cordero 2021.06.04 21:05 
 

Good job.

Matthew Todorovski
13122
Matthew Todorovski 2018.06.12 16:25 
 

L'utilisateur n'a laissé aucun commentaire sur la note

testbacon
35
testbacon 2018.04.26 08:24 
 

L'utilisateur n'a laissé aucun commentaire sur la note

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Version 1.2 2018.04.27
The last version file output information is incorrect and has been changed.