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Max Spread Monitor

Description:

This Free Indicator will allow you to monitor the Max/Min spread in a bar/candle.

By running it 24h/24h will allow you to recognize which period of time having maximum spread, based on that you will understand the market more, and could develop/improve to have better trading strategy.


Parameters:

  • limit: <specify the limit of spread, above which the indicator will mark the price, at which high spread occurs>


Note:

  • Beside the price marked due to high spread above, the indicator also will mark the price with the highest spread, which occurred within that bar.
  • Orchid color price mark: the initial high spread (above the limit) in a bar
  • Red color price mark: the highest spread in a bar.


Enjoy using it!

P/s: also please try my EA at: https://www.mql5.com/en/market/product/47220

I will upload more reliable and profitable EAs in the future soon.

Tks


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