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Spread Record Analyzer

This indicator is a utility that can output spreads to CSV file in three formats.

In the case of scalping where the spread greatly affects the trade result, the specification of the spread of the FX Broker you use is an important point to be aware of. Since the spread value changes greatly depending on the time zone, the average value of spreads officially announced by FX Broker is not very helpful. It is very important to investigate the spread specification of each FX Brokers by yourself. This indicator is useful for such users.


Description of CSV file

The CSV file is created in the folder (./MQL4/Files/ ). However, in the case of a test using a tester, it is created in the folder (./tester/files/ ). Refer to the screenshot for the format specification of the CSV file.

  • CSV_file1: Spreads are output every tick. "YYYY/MM/DD", "HH:MI:SS", "Spread(pips)"
  • CSV_file2: Outputs the average, maximum and minimum spread of spreads per timeframe. "YYYY/MM/DD", "HH:MI", "Average Spread(pips)", "Maximum Spread(pips)", "Minimum Spread(pips)"
  • CSV_file3: Histogram is output for each timeframe and it shows how many iterations have been done for each spread value. Each count in increments of 0.1 pips from 0.0 pips to 9.9 pips. And counting of negative spreads and counting above 10.0 pips.


Setting parameters

  • Copyright - Do not change "Copyright".
  • Recording_start_time - It is the recording start time. Set in "YYYY / MM / DD HH: MI: SS" format. Set it by server time instead of PC local time.
  • Recording_end_time - It is the recording end time. Set in "YYYY / MM / DD HH: MI: SS" format. Recording is possible up to 86,400 seconds (= 1 day).
  • CSV_file1 - When set to "true", CSV_file1 is output.
  • CSV_file2 - When set to "true", CSV_file2 is output.
  • CSV_file3 - When set to "true", CSV_file3 is output.
  • CSV_file1_name - Set the file name of CSV_file1.
  • CSV_file2_name - Set the file name of CSV_file2.
  • CSV_file3_name - Set the file name of CSV_file3.
  • Delimiter - Set only one character of arbitrary character. However, the escape sequence can not be used. The initial value is a comma (","). If "Delimiter" is omitted, the delimiter is treated as a horizontal tab("\t").
  • Color - Set the color of the message displayed in the upper right of the chart window.


How to Use

  1. Display the chart of the currency pair you want to record and choose an arbitrary timeframe. Units (CSV_file 2, CSV_file 3) to be output differs depending on the timeframe selection. The recommended time is 1 hour bars.
  2. Insert this indicator (Spread_Record_Analyzer.ex4).
  3. Set start and end of recording time and set the switch of CSV of the type you want to output to "true". Other parameters can also be changed if necessary.
  4. When the status becomes "Waiting", "Recording", and "Completed", output to the CSV file is complete.


Information on the chart window

  • Status: - The status is displayed.
      • "Stopped" - It is in a stopped state. Recording will never be started.
      • "Waiting(XXXX[s])" - The time until recording start is counted down.
      • "Recording(XX[%])" - Recording is in progress. Progress is displayed as a percentage.
      • "Completed" - It means completion of recording.
  • Current Spread(pips): - It is the current value of the spread which fluctuates in real time.
  • Average Spread(pips) within Recording Period: - The average spread of the period from the start to the end of the recording.
  • Maximum Spread(pips) within Recording Period: - The maximum spread of the period from the start to the end of the recording.
  • Minimum Spread(pips) within Recording Period: - The minimum spread of the period from the start to the end of the recording.


Indicator displayed in subwindow

The indication of the indicator displayed in the subwindow will continue to display the average, maximum and minimum spread of each timeframe.

  • Line(Lime) - Average spread.
  • Line(Red) - Maximum spread.
  • Line(DodgerBlue) - Minimum spread.


Notes

  • You can open multiple chart windows and insert this indicator at the same time, but if CSV_file has duplicate file names, change the file name so that it does not overlap.
  • If "Recording_end_time" is set to Friday's market closing time, recording will not be completed at the end of Friday. In this case, recording will be completed at the beginning of Monday. be careful.
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MT4 Alert Signal Trader  is an EA that helps you trade MT4 Alert popup. Some indicators can provide signals by showing an alert popup containing signal texts. This EA will read and trade these signal texts. The alert texts should contain at least 2 elements:  (1) a symbol text   (ex: "EURUSD") and  (2) a command type   (ex: "Buy", "Sell", "Close") that trigger EA's trading activities. Some other contents that may have or not are open price, stop loss, take profit values... The EA needs an aweso
Click and Go Trade Manager
Victor Christiaanse
5 (11)
Click and Go Trade Manager, the ultimate solution for seamless trading execution. With a simple click on the chart, you can effortlessly define your stop loss, entry price, and target levels. No more hassle of inputting values manually - it's made incredibly intuitive and easy. Embedded risk management is a key feature of our Trade Manager. We understand the importance of protecting your investments, which is why the Click and Go Trade Manager incorporates risk management. When placing orders,
Take a Break
Eric Emmrich
5 (26)
The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when
Risk Manager for MT4
Sergey Batudayev
4.5 (8)
Expert Advisor Risk Manager per MT4 è un programma molto importante e secondo me necessario per ogni trader. Con questo Expert Advisor sarai in grado di controllare il rischio nel tuo conto di trading. Il controllo del rischio e del profitto può essere effettuato sia in termini monetari che in termini percentuali. Affinché l'Expert Advisor funzioni, è sufficiente allegarlo al grafico della coppia di valute e impostare i valori di rischio accettabili nella valuta del deposito o in % del sald
MT4 To Notion
DaneTrades Ltd
5 (2)
Questo programma ti permetterà di esportare tutte le tue operazioni dal tuo account MetaTrader direttamente in Notion utilizzando un'interfaccia utente molto amichevole.  Versione MT5  |  Guida per l'utente + Demo Per iniziare, utilizza la Guida per l'utente e scarica il Modello di Notion. Se desideri una demo, consulta la Guida per l'utente. Non funziona nel tester di strategia! Principali Caratteristiche Esporta tutte le operazioni dal tuo conto di trading nel tuo Notion Esporta le operazioni
Trade Copier Global
Laszlo Tormasi
5 (17)
Trade Copier Global: The name speaks for itself. This copier allows you to copy orders between MT4 terminals even if they are not installed on the same computer. Features Copying trades between MT4 terminals around the world with a short delay. Automatically recognizes symbol prefixes. Can connect many Slaves to the same Master. Supports pending and market orders. Supports partial order close (with limitations, see below) Can send messages and notifications to the Slaves from the Master Severa
RedFox Copier Pro
Rui Manh Tien
4.75 (12)
FREE SIGNAL CHANEL:  https://t.me/redfox_daily_forex_signals Time saving and fast execution Whether you’re traveling or sleeping, always know that Telegram To Mt4 performs the trades for you. In other words, Our   Telegram MT4 Signal Trader  will analyze the trading signals you receive on your selected Telegram channels and execute them to your Telegram to MT4 account. Reduce The Risk Telegram To Mt4   defines the whole experience of copying signals from   Telegram signal copier to mt4  p
CloseIfProfitorLoss with Trailing
Vladislav Andruschenko
4.87 (30)
Chiusura delle posizioni in MetaTrader 4 al raggiungimento del profitto/perdita totale con la funzione di trailing del profitto. Puoi abilitare le   fermate virtuali (ordine separato)   , Calcolo e chiusura per le posizioni   ACQUISTA e VENDI separatamente (Separate BUY SELL)   , Chiusura e calcolo di   tutti i simboli o solo del simbolo corrente (Tutti i simboli)   , Abilita il trailing for profit (   Trailing   Profit) Chiudi su profitti e perdite totali su valuta di deposito, punti, % del sa
ADAM for FTMO 40
Vyacheslav Izvarin
ADAM EA Special Version for FTMO  Our 1st EA created using ChatGPT technology Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Tested on EURUSD and GBPUSD only  Use 15MIN Time Frame Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94887 Signal using ADAM  https://www.mql5.com/en/signals/2190554 --------------------------------------------------------------
Altri dall’autore
Sharp Trigger EA
Toshio Ishimoto
SharpTriggerEA detects momentary and large fluctuations and rides waves in the trend direction. Depending on the parameter settings, it can be used as a scalper or a day trader. When performing backtesting, be sure to use 99.9% quality tick data, such as using Tickstory. Please note that if the quality of the tick data is poor (99.9% cannot be maintained), you will not get the correct backtest results. Please notice that the performance of the EA depends heavily on your choice of Broker and VP
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