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Spread Indicator Download for MT4

Spread Indicator download For Meta Trader 4
The Spread Indicator on MetaTrader 4 (MT4) serves to reveal the real-time gap between the Bid and Ask values. This variance, calculated in points (pipettes), appears clearly at the upper-left section of the chart window.

«Indicator Installation & User Guide»

MT4 Indicator Installation | Spread Indicator Download for MT5 | ALL Products By TradingFinderLab | Best MT4 Indicator: Refined Order Block Indicator for MT4 | Best MT4 Utility: Trade Assistant Expert TF MT4 | TP & SL Tool: Risk Reward Ratio Calculator RRR MT4 | Money Management: Easy Trade Manager MT4


Indicator table

Indicator Categories

Money Tools - Risk Analysis - Trade Monitor

Platforms

MetaTrader 4

Trading Skills

Beginner through Advanced

Indicator Types

Reactive

TimeFrame

Supports All Timeframes

Trading Style

Scalping - Intraday - Daily Trading

Trading Instruments

Forex - Cryptocurrency - Equities

 

How the Spread Indicator Works
In the 5-minute timeframe of GBP/JPY, the indicator precisely shows the spread — the gap between the Bid and Ask quotes — on the upper-left side of the screen for fast reference.

Indicator settings
Font_Color: Define the color used for text display
Font_Size: Choose the desired text size
Font_Face: Pick the font style
Display_Corner: Set which corner of the screen to display the indicator
Distance_x: Adjust the horizontal positioning offset
Distance_y: Adjust the vertical positioning offset
Above: Triggers an alert when the spread exceeds your specified value

 

Summary
The Spread Indicator download For Meta Trader 4 gives traders clarity on the spread costs associated with various trading assets, improving cost-awareness and supporting more efficient risk control.

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5 (2)
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