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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VirtualTradePad One Click Trading Panel
Vladislav Andruschenko
4.59 (74)
Pannello di trading per MetaTrader 5 — controllo professionale del trading in un clic dal grafico e dalla tastiera Un pannello di trading avanzato progettato per trader attivi, pensato per aprire, gestire e chiudere operazioni molto più velocemente rispetto all’interfaccia standard di MetaTrader. Questa soluzione è dedicata a chi desidera controllare posizioni, ordini pendenti, profitto totale ed esecuzione da un unico spazio di lavoro professionale. Non si tratta di un semplice utilitario. È u
ManHedger MT5
Peter Mueller
4.83 (6)
THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please TEST this product before BUYING  and watch my video about it. The price of the ManHedger will increase to 250$ after 20 copies sold. Contact me for user support or bug reports or if you want the MT4 version! MT4 Version  I do not guarantee any profits or financial success using this EA. With this Expert Advisor, you can: Implement your own Zone Recovery strategy to capitalize on trending markets. Create Grid trading s
Telegram To MT5 Ultra
Mirel Daniel Gheonu
5 (2)
Telegram To MT5 — Copiatore di segnali Trasforma le indicazioni di trading dei tuoi canali Telegram in veri ordini MT5 — automaticamente, su quanti account vuoi, con rischio e regole totalmente sotto il tuo controllo. Telegram To MT5 collega i canali VIP / di segnali che già segui su Telegram al tuo terminale MetaTrader 5. Un'app desktop companion gratuita legge i messaggi (anche dai canali che bloccano i bot), e questo Expert Advisor li esegue sul tuo conto — applicando le tue impostazioni di r
The product will copy all telegram signal to MT5 ( which you are member) , also it can work as remote copier.  Easy to set up, copy order instant, can work with almost signal formats, image signal,  s upport to translate other language to English Work with all type of channel or group, even channel have "Restrict Saving Content", work with  multi channel, multi MT5 Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. Support to backtest signal. How to s
Quant AI Agents
Ho Tuan Thang
5 (1)
Quant AI Agents are independent trading Expert Advisors. Instead of trading using a fixed strategy like other conventional EAs, Quant AI Agents   is a   multi-agent AI trading framework   that turns natural-language strategy prompts into live.  WANT THE SAME RESULTS AS MY LIVE SIGNAL?   Use the exact same brokers I do:   IC MARKETS , IC TRADING   .  Unlike the centralized stock market, Forex has no single, unified price feed.  Every broker sources liquidity from different providers, creating un
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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
Spread Monitor Live MT4
Aleksandr Bezverkhikh
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
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
Golden Star is a fully automated grid-based trading robot based on a proprietary trend detection algorithm. It combines classic trend-following logic with a flexible averaging system. Equipped with an intuitive control panel, real-time spread monitor, and drawdown protection algorithm. ️ HOW IT WORKS The robot uses a proprietary indicator to determine the direction of movement:   UP Signal   — proprietary indicator shows growth → a Buy position is opened   DOWN Signal   — proprietary indi
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