It’s obvious that different brokers and different types of accounts may have different spread values (the difference between Bid and Ask price). In such conditions, the same EA might have completely different results in trading. With a bigger symbol spread you get less profit for a trade while the broker gets more profit from you.
Therefore, measuring the spread is very important when choosing a broker and an account type, especially for scalping, midnight and intraday strategies.
A simple but reliable indicator from INFINITY will help you track the spread of any symbol at any broker!
It’s obvious that different brokers and different types of accounts may have different spread values (the difference between Bid and Ask price). In such conditions, the same EA might have completely different results in trading. With a bigger symbol spread you get less profit for a trade while the broker gets more profit from you.
Therefore, measuring the spread is very important when choosing a broker and an account type, especially for scalping, midnight and intraday strategies.
A simple but reliable indicator from INFINITY will help you track the spread of any symbol at any broker!
Just install the Spread Meter indicator on any chart (M1 – H1 recommended). Speed Meter tracks and remembers the maximum, minimum and average spread changes.
The histogram of the Spread Meter indicator at the bottom of the chart accumulates the history in real time. Therefore, it is important to use the indicator constantly. We strongly recommend uising VPS or a computer with a permanent internet connection.
Parameters of the Scatter Meter indicator:
Low/high level – the range between high and low spread
Save spread data – parameter for storing spread data in the indicator memory
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