Trade Condition Logger MT5

Trade Condition Logger is an essential utility for the Traders toolkit for:

• Readily finding current swap and spread values,
• Identify changes in swap values and how often these fluctuate,
• Automatic logging of changes to swap values,
• Identify the best spreads over time,
• Quantify the highest spread values,
• Allow to assess the spread range over time,
• Information summary displayed on chart,
• Allows the Trader additional insight into trade conditions,
• With multiple broker accounts, these values also allow for comparisons to be made.

These are important considerations for the Trader to understand these trade conditions as:

• Depending on these swap values and fluctuations, swaps can either be added or deducted to open positions overnight and can be the difference between a profitable or losing trade.
• Spreads have a large impact on success of the trade and are continually fluctuating. The larger the spread, the further the trade has to move in the profit direction just to achieve a break-even point.

Values are displayed on chart and swap fluctuations are recorded in the MT5 terminal Journal.