Spread Indicator for MT5


Many traders consider scalping and even day trading as difficult. 然而, it is not that trading using these methods is impossible. It is usually just because traders find it difficult to overcome the trading cost while trading on such low profits in pips.

The Spread Indicator is a tool that can help scalpers and day traders identify whether their trade setups has the potential to beat the trading cost on the spread or not.


The Spread Indicator is a simple indicator which displays the spread between the ask price and the bid price on the upper left portion of the price chart. This indicator displays spreads in points rather than the traditional unit which is pips.



The Spread Indicator has a simple program script which simply retrieves the ask price and bid price data and calculates the difference between the two in order to arrive at the spread. It then displays the spread in points on the upper left corner of the price chart.

It also has the option to provide alerts whenever the currency pair has a spread of 1.0 pips and above.

How to use the Spread Indicator for MT5

The Spread Indicator has several options within its settings which are mostly for aesthetic purposes.

It allows users to modify the color, 尺寸, and type of font using the “font color”, “font size”, and “font face” options.

It also allows users to change which corner of the chart the spread would be displayed using the “corner” option.

Users can also opt to have the spread displayed in the classic “pips” rather than “points” using the “normalize” option. Selecting “true” toggles the indicator to display the spread in pips. This would then move the decimal one place to the left.

It also has the option to provide alerts whenever the spread has reached 1 或者更多. It would prompt the indicator to provide an alarm sound whenever this condition is met. This can be modified using the “Alert If Spread Above” option.

How to use the Spread Indicator for MT5

The Spread Indicator simply provides the spread between the ask and bid price. Day traders and scalpers who trade on the lower timeframes should incorporate this information within their trading strategy as the spread is usually their main cost to trade the currency pair.

To compute for the spread portion of the trading cost traders should multiply the displayed spread by two. This is because traders incur costs on the spread when opening and closing a trade.

Some brokers place all the trading cost on the spread itself. 然而, some brokers also add commission on top of the spread. This is especially true with brokers who allow for very tight spreads. Traders should also add the commission cost on the spread and should also take note that commission costs are also incurred twice, both when opening and closing a trade.

As soon as the total cost to trade is computed, traders should then assess if their trade setup has the potential to go over the trading cost. 如果是這樣, then the trade can be considered an efficient trade.


The Spread Indicator is not the type of indicator that would provide trade setups based on trend, 勢頭, or mean reversal indications. 然而, the information it provides is crucial for traders who trade on the lower timeframes. Traders who can go over the hurdle which is the trading cost has a higher probability of trading profitably over the long-term.

MT5指標 – 下載說明

Spread Indicator for MT5 is a Metatrader 5 (MT5) 指標和本技術指標的本質是轉換累積的歷史數據.

Spread Indicator for MT5 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

基於此資訊, 交易者可以假設價格進一步變動,並相應地調整其策略. 按一次檢視 MT5 策略

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How to install Spread Indicator for MT5.mq5 to your MetaTrader 5 圖表?

  • Download Spread Indicator for MT5.mq5
  • Copy Spread Indicator for MT5.mq5 to your Metatrader 5 目錄 / 專家 / 指標 /
  • 啟動或重新啟動元交易者 5 客戶
  • 選擇要測試 mt5 指標的圖表和時間範圍
  • 搜索 “自定義指標” 在你的導航器大多留在你的元交易者 5 客戶
  • Right click on Spread Indicator for MT5.mq5
  • 附加到圖表
  • 修改設置或按確定
  • Indicator Spread Indicator for MT5.mq4 is available on your Chart

How to remove Spread Indicator for MT5.mq5 from your Metatrader 5 圖表?

  • 選擇指標在元交易者中運行的圖表 5 客戶
  • 右鍵單擊圖表
  • “指標清單”
  • 選擇指標並刪除

MT5的點差指標 (免費下載)