Spread Monitor

The Spread Monitor shows you the live spread on every pair directly on your MT5 chart — and tells you, in plain language, whether that spread is normal or abnormally high before you place a trade. It automatically calculates each pair’s own rolling 7-day average as a fair baseline, then compares the current spread against it: a clear Green / Yellow / Red status instantly flags when costs are creeping up (1.5× average) or spiking to expensive levels (2.0× average). Built-in spike and weekend filters keep the average clean and realistic, so you’re never misled by a one-off data glitch. The draggable, collapsible dashboard tracks your current spread, the 7-day average, today’s best and worst spread, and fires an alert the moment a spread turns abnormal — helping you avoid overpaying on entries and exits. Every download includes a full PDF user guide with installation steps, settings explained, and tips for trading around spread.