Spread lister current-min-max
This utility EA monitors and displays the current, minimum, and maximum spread values for the trading instrument. It does not open any trades but serves as a spread monitoring tool for traders who want to track spread conditions in real-time.
Open the interactive view (equity curve, symbol switch)Key facts
Backtest results (H1, about 1 year)
Not backtested yet — this EA could not be converted automatically.
Strategy analysis
This EA is a pure utility program that contains no trading strategy logic, solely designed to monitor and record spread data. Its core function is to track the current spread in real-time and record the minimum and maximum spread values during the session. There are no entry or exit conditions since it does not execute any trading operations. Position sizing and money management are completely absent as the tool does not involve any order placement or management. Its primary use is to help scalpers or other spread-sensitive traders determine whether current trading conditions are suitable for entry, and to evaluate the broker's spread quality over time.
Strengths
- Lightweight utility that doesn't consume excessive system resources or affect trading performance
- Provides real-time and historical spread data to help traders choose optimal entry timing
- Intuitive visual display with different colors for current, minimum, and maximum spread for quick assessment
- Useful for scalpers and high-frequency traders to evaluate broker execution quality
- Helps identify when to avoid high-spread periods to reduce trading costs
Weaknesses
- Does not execute trades, only provides information with limited single functionality
- Lacks spread history persistence, data is lost on EA restart
- No alert functionality to notify traders when spread exceeds a threshold
- Cannot monitor multiple instruments simultaneously
- No integration interface with trading strategies to automatically adjust trading behavior based on spread
Possible improvements
- Add spread threshold alert functionality to send notifications when spread exceeds a set value
- Add spread history data export to file for long-term analysis of broker spread quality
Risk assessment
Overall risk: Safe
- No trading risk involved, purely a monitoring tool
- Potential risk of misleading reliance on stale spread data if the EA doesn't refresh frequently enough
Evaluation scores
Parameters
| Parameter | Default | Description |
|---|---|---|
InpFontSize | 10 | Display font size |
InpXDistance | 10 | X-axis distance offset |
InpYDistance | 10 | Y-axis distance offset |
InpCorner | 0 | Display corner position |
InpColorCurrent | White | Current spread color |
InpColorMin | Lime | minimumspread color |
InpColorMax | Red | maximumspread color |
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Backtests are historical simulations and do not guarantee future results. Not financial advice.