MQL5 Algo Trading
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The Spread MetaTrader indicator is designed to display the current spread directly in the chart's main window. This tool provides customizable features, including font settings, indicator positioning, and spread value normalization. Each tick redraws to present the most up-to-date spread, essential for brokers with variable or frequently widened spreads. Optional spread labeling near the Bid line enhances visibility.

Available for MT4 and MT5 platforms, it offers multiple input settings. If UseCustomPipSize is true, deformation relies on the DecimalPlaces parameter. Alerts notify when spreads exceed set values, through popups, sound, email, or push notifications. Configuring MetaTrader is necessary for email and notifications. Drawing options include customizable fonts, colors, sizes, and positioning on the chart. The indicator can serve as a background...
#MQL5 #MT5 #Spread #Indicator

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