Symbols spread

In the realm of Forex Trading, the Symbols Spread tool stands out as a unique and essential tool for traders seeking to optimize their trading strategies. It provides a quick and efficient way to view key parameters of multiple Forex symbols on your broker’s server, helping to identify the most suitable ones for trading. This is particularly beneficial for high-frequency intraday trading on smaller timeframes, where trade levels need to be placed close to the current price.

Understanding the Impact of Broker Values

It’s important to note that different brokers set different values for parameters such as spread and stop/limit levels. The smaller the timeframe, the greater the impact these values have on the final result of the trading. The Symbols Spread tool can be a crucial asset for any trader who engages in intraday trading, as it allows them to navigate these varying values effectively.

Customizable Selection of Symbols

Symbols Spread allows users to select symbols according to their own defined criteria, excluding symbols that are not available for trading. It also offers filters to specify the limit on spread value (Spread filter) and symbol name (Name filter). Users can choose the data type: Bars or Real ticks. If the Bars data type is selected, users can specify the timeframe for viewing the spread of deals in history.

Comprehensive Data Analysis

The Data info tab provides a comprehensive table of data on all symbols, including maximum, minimum, and average spread, stop/limit levels, swap for long and short positions, the first and last date in the data array, and the amount of data (bars/ticks) received and displayed on the chart by Symbols Spread. This detailed data analysis can significantly enhance the effectiveness of your trading strategies.

Additional Tabs for Enhanced Information

Several additional tabs offer more in-depth information. The Specifications tab provides all properties of the selected symbol, the Terminal info tab gives all available data on the terminal, and the Account info section contains three tabs: Main info, Balance, and Statistic, providing a comprehensive overview of the account’s properties, multi-symbol balance graph, and statistical information.

FAQs

What is the Symbols Spread tool?
The Symbols Spread tool is a unique tool that allows Forex traders to view key parameters of multiple Forex symbols on their broker’s server, helping them to optimize their trading strategies.

How does Symbols Spread help in Forex Trading?
Symbols Spread helps traders to navigate varying broker values effectively. It offers filters to specify the limit on spread value and symbol name, and allows users to choose the data type: Bars or Real ticks.

Where can I find independent testing of this product?
You can find independent testing of the Symbols Spread tool on the forexroboteasy.com website. You can also subscribe to updates on the results of testing this product.

We invite you to share your experience of using the Symbols Spread tool. Remember, forewarned is forearmed!

This is an independent product review. The Symbols Spread tool is not owned or affiliated with the author of this article.