Spread.mq4
Spread.mq4 — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is the spread. It has 8 settings, for example font color (default Red), font size (default 14) and font face (default Arial). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 1 indicator file 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.
Indicator · MT4 · v1.0 · Free
About Spread.mq4
Spread.mq4 is an indicator for MetaTrader 4. It has 8 settings, such as Font color, Font size and Font face. MQL source code included.
Files in the download: Spread.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Font color | Red | Colour on the chart |
| Font size | 14 | |
| Font face | Arial | |
| Corner | 0 | 0 - for top-left corner, 1 - top-right, 2 - bottom-left, 3 - bottom-right |
| Spread distance x | 10 | Maximum spread allowed to trade |
| Spread distance y | 130 | Maximum spread allowed to trade |
| Normalize | false | If true then the spread is normalized to traditional pips |
| Alert if spread above | 0 | If > 0 alert will sound when sprea above the value |
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 → Indicators.
- 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 indicator from the Navigator onto a chart and adjust the settings.
Tags: MT4 Indicator · MQL4 Source Code