LZ Spread Monitor
- Utilità
- Versione: 2.10
LZ Spread Monitor is a professional utility designed to help traders monitor transaction costs and execution quality in real-time.
It provides instant feedback on current market conditions, helping you avoid trading during high-spread periods (news releases, rollovers, low liquidity).
Key Features
- Spread Analytics: Monitor Current, Minimum, Maximum, and Average spread for the session.
- Cost Calculator: Instantly see the monetary cost of the spread for a specific lot size (e.g., 1.0 Lot = $15.00).
- Smart Alerts: Receive Push Notifications or Terminal Alerts when spread exceeds your safety threshold.
- Candle Timer: Built-in countdown to the next candle close.
- Fully Customizable: Dark/Light mode support, adjustable position, colors, and transparency.
How It Helps You?
1. Protect Your Capital: Defines a max spread threshold to alert you when NOT to trade.
2. Verify Broker Performance: Use the Reset button before news to measure exactly how much your broker widens the spread.
3. Risk Awareness: See the spread cost in cash, not just points.
Parameters
- Alert Threshold: Spread value in points to trigger an alert.
- Cost Lot Size: Volume used to calculate the spread cost.
- Auto-Hide Logo: Branding disappears after a few seconds to keep your chart clean.
Developed by Lukasz Zychal. Professional Trading Tools.
