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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Working Demo Download Copy Cat More Trade Copier MT5 is a local trade copier and a complete risk management and execution framework designed for today’s trading challenges. From prop firm challenges to personal portfolio management, it adapts to every situation with a blend of robust execution, capital protection, flexible configuration, and advanced trade handling. The copier works in both Master (sender) and Slave (receiver) modes, with real-time synchronization of market and pending orders,
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Sirikorn Rungsang
4.83 (6)
Utilità
Entry In The Zone with SMC Multi Timeframe is a real-time 2-in-1 market analysis tool that combines market structure analysis and a No Repaint BUY / SELL signal system into a single indicator, built on Smart Money Concepts (SMC) — a widely adopted framework used by professional traders to understand market structure. This indicator helps you see the market more clearly, make decisions based on structure rather than guesswork, and focus on high-probability zones where price is more likely to reac
Seconds Chart MT5
Boris Sedov
4.59 (17)
Utilità
Seconds Chart - uno strumento unico per creare grafici in secondi su MetaTrader 5 . Con Seconds Chart , puoi generare grafici con timeframe definiti in secondi, ottenendo una flessibilità e una precisione d'analisi ideali, non disponibili nei grafici standard in minuti o ore. Ad esempio, il timeframe S15 indica un grafico con candele di 15 secondi. Puoi utilizzare qualsiasi indicatore e Expert Advisor con supporto per simboli personalizzati. Lavorare con loro è comodo quanto operare sui grafici
YuClusters
Yury Kulikov
4.93 (42)
Utilità
Attention: You can view the program operation in the free version  YuClusters DEMO .  YuClusters is a professional market analysis system. The trader has unique opportunities to analyze the flow of orders, trade volumes, price movements using various charts, profiles, indicators, and graphical objects. YuClusters operates on data based on Time&Sales or ticks information, depending on what is available in the quotes of a financial instrument. YuClusters allows you to build graphs by combining da
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Mirel Daniel Gheonu
4 (1)
Utilità
Signal TradingView to MT5 Pro Automator Esecuzione professionale istantanea tra TradingView e MetaTrader 5 Automatizza la tua strategia di trading con il ponte di comunicazione più robusto tra gli alert di TradingView e l'esecuzione reale in MT5. Progettato per i trader che richiedono velocità, flessibilità e una gestione del rischio impeccabile, questo Expert Advisor trasforma qualsiasi messaggio di avviso in un preciso ordine a mercato o limite. PUNTI DI FORZA E VANTAGGI Motore di Parsing Univ
HINN MagicEntry Extra
ALGOFLOW OÜ
4.73 (15)
Utilità
HINN MAGIC ENTRY – the ultimate tool for entry and position management! Place orders by selecting a level directly on the chart! full description   ::  demo-version  :: 60-sec-video-description Key features: - Market, limit, and pending orders - Automatic lot size calculation - Automatic spread and commission accounting - Unlimited partitial take-profits  - Breakeven and trailing stop-loss and take-profit  functions - Invalidation leves - Intuitive, adaptive, and customizable interface - Works
SMC Trade Pilot MT5
Prime Horizon
5 (1)
Utilità
SMC Trade Pilot MT5 Assistente di trading semi-automatico per trader Smart Money Concepts. Ricevi segnali su Telegram con screenshot del grafico, poi piazza il trade con un singolo tap. Gestisci le tue posizioni dal telefono, anche lontano dal computer. Il problema che risolve I setup Smart Money non aspettano. Order Blocks e Liquidity Sweeps si formano durante l'apertura di Londra, di New York o nel mezzo della sessione asiatica, spesso quando sei al lavoro, in riunione o lontano dallo schermo.
Trade Manager DaneTrades
Levi Dane Benjamin
4.28 (29)
Utilità
Trade Manager per aiutarti a entrare e uscire rapidamente dalle operazioni calcolando automaticamente il tuo rischio. Incluse funzionalità che ti aiutano a prevenire l'eccessivo trading, il vendetta trading e il trading emotivo. Le operazioni possono essere gestite automaticamente e i parametri di performance del conto possono essere visualizzati in un grafico. Queste caratteristiche rendono questo pannello ideale per tutti i trader manuali e aiuta a migliorare la piattaforma MetaTrader 5. Suppo
Touch of MIDAS
Carl Gustav Johan Ekstrom
5 (1)
Utilità
Automated MIDAS Trading for MT5 Touch of MIDAS  combines automatic level detection, one-click curve arming, and a full prop-firm protection layer into one seamless workflow. The EA draws institutional-grade MIDAS curves on every chart, watches the levels you select across every symbol and timeframe, and fires trades the moment price reaches them — with the stop-loss attached, the lot size calculated, and fifteen safety checks already cleared. Built for prop firm traders and serious retail trader
PZ Trade Pad Pro MT5
PZ TRADING SLU
1 (1)
Utilità
Effortlessly calculate lot sizes and manage trades to save time and avoid costly errors The Trade Pad Pro EA is a tool for the Metatrader Platform that aims to help traders manage their trades more efficiently and effectively. It has a user-friendly visual interface that allows users to easily place and manage an unlimited number of trades, helping to avoid human errors and enhance their trading activity. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] One of the k
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TheGoldenWay
Aleksandr Bezverkhikh
Indicatori
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
Utilità
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
Experts
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
Utilità
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
Experts
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
Utilità
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
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