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Trade Condition Logger MT5

30 USD

Demo downloaded: 4

Published: 10 March 2024

Current version: 1.1

Trade Condition Logger MT5

Utilities
AbelPM Enterprises Pty Ltd
Version: 1.1
Updated: 18 March 2024
Activations: 9

The Trade Condition Logger is an essential tool in every trader's arsenal, offering crucial insights into:

Current swap and spread values
Automatic logging of fluctuations in swap values
Spread value range logging over time
Decisions regarding optimal spread values

This indispensable utility displays a comprehensive summary on the chart, providing traders with deep insights into trade conditions. It’s particularly valuable for those managing multiple broker accounts, enabling easy comparisons of trade conditions.

Understanding these trade conditions is critical. Depending on swap values and their fluctuations, swaps can either be added or deducted from open positions overnight, potentially turning a profitable trade into a loss. Moreover, spreads significantly impact trade success and are constantly fluctuating. Larger spreads mean the trade must move further into profit just to break even.

The Trade Condition Logger captures this information and records swap fluctuations in the MT5 terminal Journal, ensuring you’re always equipped with the data you need for informed trading decisions.

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Version 1.1 2024.03.18

Added terminal and account information
Added latest ping readout
Revised colour scheme