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Trade Condition Logger MT5

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

  • 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 should be important considerations for the Trader to understand these trade conditions. As the Trader would understand:

  • 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.

Attach the Trade Condition Logger to your MT5 terminal charts for the required instruments, with an always on connection. Values are displayed on chart and swap fluctuations are also 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