Spreads statistics in Expert tab

Feature Request
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1

It is critical to know the spread if you are professional trader since this direct effects the risk to reward ratio. In plain english if the cost to trade is to a high % of the profit then it is better not to trade.

It is critical to know the spread if you are professional trader since this direct effects the risk to reward ratio. In plain english if the cost to trade is to a high % of the profit then it is better not to trade.

I have many EA programmed in MT5 and I know this is a simple addition to make to your EA.

The expert tab would also have a line in the logs.

When can this be done by.

Pine connector your competitor has this as a standard feature in there EA.

Screenshot 2025-03-25 at 14.09.33
Screenshot 2025-03-25 at 14.09.331920×1200 242 KB

2

Hi. This is actually possible. It seems the documentation for this is missed on our main website and forum article

Here are a few examples:

  • buy EURUSD gap=20 : This will only buy the symbol if the spread is 2 pips or less
  • close AUDCAD t=long g=10 : This will only close your long trades if the spread gap is 1 pip or less

I agree that this feature is crucial to maintain a profitable position allowing you to close a trade when it is affordable.

@Tash Could you review this please?

3

@alertsontrades is already aware of the Gap (G) and he is using it.

I engaged him in a different platform and his request is to log the spreads as per the screenshot he shared. @Lucem

4

Ok. That can be done.

5

Hi Lucem

Glad to hear this can be done.

When can you deliver this feature?

6

Just to be sure. This is what you want.

Instead of saying the spread is too big in your alert logs, you also want it to specify the current spread and the limit set. Is that correct?

7

Lucem

I refer to the above attachment.

This is too record the following data of the spread only:-

Gapmeasure:: ETHUSD Actual spread 239 Spread limit 298 Difference 59

The objective is to record the spread data in the above line at each entry point.

8

Ok, so your goal is to see the spread in the logs and everything else is working perfectly. Correct?

9

Yes just add the spreads data in the logs nothing else.

Pineconnector has this as a standard feature.

Their EA has many complicated features that always need updating due to errors in the EA code especially for V2 to V3. Many issues and lost trades.

My experience is to have all features in pins script and only leave the EA to do buy, sell,stop loss and exits and record the spread data.

I hope you always just offer a basic EA that work faultlessly.

If you include more features it is better to have this in another separate EA.

How long will it take you to do this?

10

How long will it take you to do these additions?

11

This is available on the v4.007 download on your https://tradingview.to/metatrader Webhook.

12

Hi

I am new.

I can not find this.

Can you guide me please?

13

Go to your webhook on https://tradingview.to/user
Then on the webhook details, click download to get a new copy of the EA. Install it on your mt4/5 and you are good to go.

14

image
image1920×1192 87.8 KB

Hi

‘click download to get a new copy of the EA’ - can not find this link

What am I doing wrong?

15

Note: Anyone can now execute trades on your metatrader account because you shared your webhook to the public. Make sure to regenerate a new webhook in the webhook settings

Sorry, go to the settings section. and follow the steps again. We will add that.

Here are the links also.

16

Hi

Thank you for doing the statistical updates.

I am new to this software and was unaware of public webhooks.

Is it possible to get another week free to test out the updated EA please?

17

Your webhook is used to execute trades on your metatrader. By sharing it with someone, they can also do what you do. Create a new webhook and transfer the days there with this button in the settings.
image

In the meantime I have updated your image like this

18

Hi

I can do this.

Is it possible to test another week to test your EA statistics details?

Regards

Phil

19

Once the trial is over, you need to purchase to keep using.

20

Hi

Let us map this out step by step.

I setup a webhook ( new one ).

I can not find the “transfer remaining days” also.

Where is this located - “transfer remaining days”?

The Metatrader 5 Automation EA has this got v4.007 - this EA have this version number.

Cheers