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Trade Condition Logger MT5

30 USD

Demo downloaded: 2

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: 5

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.

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Version 1.1 2024.03.18

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