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Spread Counter Free

Spread counter 

Description:
The Spread Counter indicator is used to collect spread data and display this data in a histogram. Since the spread history is not provided in MT4, this indicator can be an indispensable tool for each trader. 
Attention!!! The free version is designed exclusively for working with the GBP / USD currency pair. To work with other currency pairs, you can use the full version:https://www.mql5.com/ru/market/product/43269
Application area: 
Comparison of the spread of different brokers. Working out the trend reversal with the spread widening. Risk assessment. Determining the optimal trading time Checking the integrity of the broker (if the spread expands without any justification, then it may be manipulation by the broker). Key features Spread Counter records the spread values ​​in real time with the subsequent display of this data in the form of a histogram. This indicator can be used as informational or as a signal one, since its algorithm provides for drawing buffer arrows according to your conditions. This allows an adviser to open signals on the buffer arrows of the Spread Counter. As an information indicator - Spread Counter will show you the current and historical values ​​of the spread in the form of a histogram consisting of two parts: the red part shows the minimum value of the spread for the period, the green part shows the maximum value for the period. Spread Counter also provides work with several terminals (inside one computer) by writing spread values ​​to a common directory. This allows, for example, to record data from one terminal, and then load the same history in another (for this, the names of the currency pairs must match). 

Indicator explanation:
  • LoadHistory - the load of the previously saved spread history. This can be done either automatically when the program starts (AUTO), or manually by pressing the corresponding button in the (MANUAL) indicator subwindow.
  • CommonDirectory - saving data to a common directory for accessing data from different terminals. If the value is OFF, then at any time you can turn it on manually by pressing the corresponding button in the indicator subwindow.
  • DrawArrows - draw buffer arrows according to specified conditions.
  • ID - a unique indicator number for avoiding conflicts (recording of different terminals in the same file, etc.).
  • HistogramWidth - the thickness of the histogram lines.
  • HistogramMax - color of the histogram of the maximum value of the spread.
  • HistogramMin - color of the histogram of the minimum spread value.
  • SpreadMaxLevel - the arrow will be drawn if the maximum value of the spread is greater
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