Rajesh Sharma
Writer: Rajesh Sharma
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Spread Indicator for Meta Trader 4 Download - Free - [Trading Finder]

TradingViewMetaTrader4MetaTrader5
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Categories:
MetaTrader 4 Indicators, Indicators, Money Management Indicators for MT4, Trading Assist Indicators for MT4, Risk Management Indicators for MT4
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Spread Indicator for Meta Trader 4 Download - Free - [Trading Finder]
Spread Indicator for Meta Trader 4 Download - Free - [Trading Finder] 0
Spread Indicator for Meta Trader 4 Download - Free - [Trading Finder] 1
Spread Indicator for Meta Trader 4 Download - Free - [Trading Finder] 2
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The Spread Indicator in MetaTrader 4 (MT4) displays the difference between the Bid and Ask prices. The spread amount is shown in points (pipettes) and located in the chart's top left corner.

Indicator table

Indicator Categories

Money Management - Risk Management - Trading Assist

Platforms

MetaTrader 4

Trading Skills

Beginner

Indicator Types

Lagging

TimeFrame

Multi Timeframe

Trading Style

Scalper - Intraday - Day Trading

Trading Instruments

Forex - Crypto - Stock

How the Spread Indicator Works

How the Spread Indicator Works
5-minute chart of GBP/JPY (British Pound/Japanese Yen)

The 5-minute chart of the GBP/JPY currency pair clearly displays the difference between the Bid and Ask prices in the top left corner.

Indicator settings

Indicator settings
5-minute chart of AUD/USD (Australian Dollar/U.S. Dollar)
  • Font_Color: Select the font color of the indicator
  • Font_Size: Select the font size of the indicator
  • Font_Face: Select the font style of the indicator
  • Display_Corner: Choose the location where the indicator will be placed
  • Distance_x: Select the horizontal displacement of the indicator
  • Distance_y: Select the vertical displacement of the indicator
  • Above: Set the indicator to alert when the spread reaches a specified level

Summary

The Spread Indicator helps traders better manage their trading costs by considering the spread differences in trading symbols.

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FAQs

Is the Spread Indicator displayed on all symbols?

Yes, the Spread Indicator is displayed on all trading symbols.

Can the Spread Indicator be adjusted to any location and size on the screen?

Yes, the Spread Indicator is customizable so the trader can adjust it to any section of the MetaTrader 4 window in any shape or size.

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