Forex Spread MIN Indicator
Forex Spread MIN Indicator is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Its name points to the spread. It has 6 settings, for example mybuystoploss (default 250), mybuytakeprofit (default 750) and mylots (default 5). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 3 script files with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Expert advisor · MT4 · v1.0 · Free
About Forex Spread MIN Indicator
Forex Spread MIN Indicator is an expert advisor (trading robot) for MetaTrader 4. It has 6 settings, such as Mybuystoploss, Mybuytakeprofit and Mylots. MQL source code included.
Files in the download: installation manual.txt, script_min_spread_buy.mq4, script_min_spread_sell.mq4, spreadmin.mq4.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Mybuystoploss | 250 | Stop loss distance |
| Mybuytakeprofit | 750 | Take profit distance |
| Mylots | 5 | |
| Maxspreadslip | 0 | Maximum spread allowed to trade |
| Mysellstoploss | 250 | Stop loss distance |
| Myselltakeprofit | 750 | Take profit distance |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: MT4 Script · MQL4 Source Code