The Spread Record Standart indicator displays the spread for each price bar as a histogram. Three values are stored as spread values:
- The maximum spread level reached during the bar;
- The spread level at the close of the bar;
- The average spread level during the bar (displayed as a green dot at the corresponding bar level).
In addition to displaying price bars, SpreadRecord also has a small built-in panel, opening which, you can see the current value of the spread in points of the instrument. This will help you quickly navigate the current situation on it.
When the indicator or terminal is closed, the received values are saved to the user’s hard disk. At startup, the indicator loads previously saved values from the file and displays them as if the indicator was not restarted.
To accumulate the full history, you need to keep this indicator on on the symbol and timeframe whose spread history you want to keep (each timeframe uses its own independent spread history).
Thanks to the advanced data storage format, the history of quotes is stored in a compressed form. As a result, a significant saving of the occupied space on the hard disk is achieved. So, the annual spread history on the minute timeframe takes only 6 MB.
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The indicator does not contain any settings and is easy to use, it is quite simple to run it on the chart and, if desired, open an additional panel of the current spread level. The search for the required file and the collection of available data occur automatically.
It is known that MetaTrader 4 does not remember the value of the quote spread, so this indicator can provide invaluable help in evaluating this important parameter. Here are just a few reasons why this indicator should be in the set of every professional trader:
Set the Spread Record indicator on the minute chart of any instrument and just watch. After a while, you will definitely see interesting trading situations and a lot of other useful information that was previously hidden from you.
You can try the free version of this indicator: Spread Record Lite MT4. The Lite version, although it saves the accumulated history of quotes to a file, does not load them when the indicator starts. Thus, the Lite version starts displaying the spread history from the moment the indicator is launched. However, if you decide to switch from the Lite version to the Standart version, the spread history previously saved in the Lite version will be available to you.