Master Your Trading with the Spread Lister for MetaTrader 5

Every broker has its own rules when it comes to spreads, whether it’s fixed spreads, ECN, or standard accounts. Understanding these differences is key to successful trading.

Some market Expert Advisors (EAs) come with built-in spread filters, while others require you to develop your own systems to navigate high spread environments. That's why it’s crucial to know exactly what spreads you’re dealing with on your chosen broker and account. What works for one trader might not work for another!

What This EA Does:
This straightforward EA can be applied to any chart that isn’t used for live trading.

If you encounter performance issues, consider increasing the default setting from 1 second to something like every 15 seconds.

The minimum and maximum spread values are tracked daily.

Keep in mind, the min/max values reset at midnight according to your broker's and terminal's time.

You can toggle between pips and points in the settings to suit your preference.

All instruments in your Market Watch (just hit Ctrl+U) will be displayed by default.

Plus, you can sort the spreads by the highest value directly in the settings!

Due to formatting constraints with the standard comment feature, I've created a box to insert the values.

Each line is represented as a new OBJ_LABEL, and you don’t need to worry about grid or background since they're not used.

Attached, you'll find the mq5 code along with the compiled ex5 in a zip file.

Check out the EA in action:

Here’s a look at the settings: