Many thanks to author for this very cool tool!

Query: Appreciate if you would elaborate the usage of "Over spread" in the setting please.

Thanks again.

Hello Cazz223,

Thanks for your message,

Normally, most brokers does marketing their spread starts from 0.0 pips, and during trading hours it normally fluctuates near 1.5. well that make sense and acceptable. but they have hidden functions to blow accounts or hit stop losses, especially during news time, daily rollovers and weekend rollover. to check how far your broker manipulate their spread and they are legit or not. or to make comparision with other broker. you can use this tool.

e.g. you have set 30 over spread, if that hits multiple times throughout trading hours. you should not use stop loss less than that with that broker, because you would never know why stop loss was triggered even price didn't hit that level.

to test Load this tool for a week on chart. and note down when and how many times broker went over your set limit. this will help to use stop loss levels and hedging trades.

Feel free to contact me for any other query.

Regards