Spread Pulse MT 5
- Indicators
- Evgeny Belyaev
- Version: 1.0
- Activations: 5
The Spread Pulse MT5 indicator is an effective tool that provides traders with information about the current spread on the chart. Spread is the difference between the purchase price and sale price of an instrument. The indicator is presented in the form of text that is displayed on the chart. This allows the trader to easily track the current spread.
One of the main advantages of the Spread Pulse indicator is its color visualization. Depending on the spread size, the text color changes. By default, when the spread is small, the text will be green, which means the spread is low and trades may be more profitable. However, when the spread becomes high, the indicator text automatically changes to red.
Additionally, the user has the ability to customize the colors associated with the high and low spread. You can also change the font size to make the information easier to read.
The Spread Pulse indicator is ideal for any trader, regardless of experience level and trading strategy. It provides quick and easy access to information about the current spread, helping the trader make informed decisions and improve trading results.
If you found this indicator useful, please leave a review. Your opinion is very important to us and will help us make the indicator even better.
Options
- Spread size - spread size to determine the text color. If the spread is greater than the Spread size value, then the text is red (by default). When the spread is high, the color is green.
- High spread - text color when the spread is high.
- Low spread - text color when spread is low.
- X - horizontal indent of text from the edge of the graph.
- Y - vertical indent of text from the edge of the graph.
- Font size - text size.
Author
Evgeny Belyaev, professional programmer and successful trader.