Home Forex Indicators Forex MT5 Indicators Risk Spread Indicator for MetaTrader 5 Platform

Risk Spread Indicator for MetaTrader 5 Platform



RiskSpread Indicator For MetaTrader5 Platform.

The indicator draws a color filled channel at a distance from the current price, which is equal to the current spread multiplied by ten.

In other words, the indicator draws an area, trading inside which would most likely bring loss. It is especially useful for currency pairs with huge spread values.

This indicator was first implemented in MQL4

1. Copy “RiskSpread.mq5” file to C:/Program Files/MetaTrader5/experts/indicators folder
and restart your MetaTrader.
2. Open Navigator/Custom Indicators panel and drag the indicator named “RiskSpread.mq5” to the
chart of any currency pair.

Click to Download: RiskSpread

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