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Spread Cost Info MT4 Version

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Published: 25 April 2018

Current version: 1.2

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Overview
Reviews (1)
Comments (2)
What's new

Spread Cost Info MT4 Version

Utilities
Yupeng Xiao
Version: 1.2
Updated: 27 April 2018

The trade cost caused by spreads is an important indicator when formulating trade profit-loss ratios. Spread costs info is particularly important for short-term traders, especially scalping traders. This tool can output the spread cost of all Forex currencies (including XAU and XAG) in the platform in different account types (USD account, EUR account, etc.).

Calculation and code

See articles:

THE TRADE COST OF FOREX CURRENCY Part1

THE TRADE COST OF FOREX CURRENCY Part2

THE TRADE COST OF FOREX CURRENCY Part3

THE TRADE COST OF FOREX CURRENCY Part4

Parameter

Lots - set the trade lots to calculate the spread cost, default value is 1.0.

How to use

Before using this tool, you need to set MetaTrader 4's Market Watch to “show all”. The specific operation is shown in the figure below.
The output path is MT4 path\MQL4\Files\SpreadCostData. The file name is the current date. After successful output, the successful output information will be displayed in MetaTrader 4 - Terminal - Experts column. The output path and file name are shown in the figure below.
The first column of the output file is the Forex symbols, the second column is the spread (points) and the third column is the spread cost of trading Lots set in the Parameters (the spread cost is denominated in the account currency). See the figure below for details.

Full version

All spread data is updated in real time. Download address: https://www.mql5.com/en/market/product/29322.

more...

6769

Miguel Jimenez Cordero 2021.06.04 21:05 #

Good job.

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6769

Miguel Jimenez Cordero 2021.06.04 21:05 #

Good job.

12939

Matthew Todorovski 2018.06.12 16:25 #

User didn't leave any comment to the rating

testbacon 2018.04.26 08:24 #

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Version 1.2 2018.04.27

The last version file output information is incorrect and has been changed.