Spread Analysis Utility

Spread Analysis Utility MT4 🚀 – Monitor & Analyze Broker Spreads in Real Time!

🔍 Do you want to track your broker’s spread fluctuations with precision?
💡 Spread Analysis Utility MT5 gives you real-time insights into the spread behavior of your broker, helping you assess trading conditions, detect unusual spread spikes, and make more informed trading decisions.

📊 What This Utility Does:
✅ Monitors live spreads and updates in real time
✅ Tracks the average spread over the last 100 data points
✅ Records the maximum spread detected during operation
✅ Displays broker name, server details, and connection information
✅ Provides a clear, easy-to-read chart display

🛠️ How It Works

This tool constantly reads the spread value for your selected trading symbol. Here’s how it processes the data:

📌 Live Spread Calculation

• The script fetches the latest spread using SymbolInfoInteger(SYMBOL_SPREAD) and displays it in real time.
• Spread values update with every market tick, ensuring 100% accuracy.

📌 Average Spread Monitoring

• The utility maintains a rolling buffer of the last 100 spread values.
• It continuously calculates the average spread, helping you track how stable or volatile your broker's pricing is.

📌 Maximum Spread Detection

• The tool stores and updates the highest spread observed.
• This allows you to identify potential broker manipulation or high-spread periods during news events or low-liquidity times.

📌 Broker & Server Information

• Displays essential account details, including:
  🔹 Broker Name – Identify the broker in use.
  🔹 Server Location – Know which server your account is connected to.
  🔹 Connection Status – Ensure you're trading on the right connection.

📈 Why Use Spread Analysis Utility?

🔹 Avoid Costly Trades – Don’t enter trades when spreads are too wide.
🔹 Improve Trade Execution – Detect the best times to place orders.
🔹 Monitor Broker Behavior – Identify if your broker widens spreads unfairly.
🔹 Optimize Scalping Strategies – Perfect for scalpers who need tight spreads.
🔹 Get Transparent Data – No hidden tricks—see spreads exactly as they are!

📌 Simple, Lightweight, and Non-Intrusive

✔️ No clutter—only the most important information displayed on your chart.
✔️ Fully customizable font size, label color, and position on the chart.
✔️ Works with any instrument and any broker on MetaTrader 5.

💰 Get This Powerful Utility for Just $30!
🔗 Check it out on my MQL5 profile and explore my other EAs & Indicators!

📩 Need support? Contact me via direct message!