Hey fellow traders! Today, we’re diving into a handy little tool that can make a big difference in your trading game—the Simple Bar Spread Indicator for MetaTrader 5.
This straightforward MQL5 code allows you to plot the spread[] data values (in points) reported by the OnCalculate event handler. If you're into analyzing the market, you'll recognize that these spread values are the same ones you get when pulling MqlRates data using the CopyRates function.
This indicator is perfect for those who want to keep an eye on the spread without getting bogged down in complex setups. It's simple, effective, and integrates seamlessly into your trading strategy.
So, whether you're a seasoned pro or just starting out, adding this indicator to your toolkit can help you make better-informed decisions based on real-time spread data. Happy trading!
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