Live Spread Monitor is a real-time spread analysis plugin for cTrader, built for traders who want full visibility into market conditions before entering a trade.
What it does:
The plugin displays a live table of your chosen forex pairs, updating every 500ms (configurable), showing bid, ask, spread in pips, daily pip change, directional bias, spread as a percentage of price, and decimal precision — all colour-coded for instant readability.
Key Features:
- 📊 Live spread table — monitor up to any number of pairs simultaneously with alternating row colours and sortable spreads
- ⚠️ Spread alerts — visual and sound alerts fire when the spread exceeds your configured threshold
- 📈 Directional bias — automatically labels each pair as Bullish, Mild Bull, Ranging, Mild Bear, or Bearish based on pip movement from the daily open
- 💡 Spread Insight Panel — click any symbol to get a detailed breakdown including session min/max, 60-tick average, entry cost per lot size (standard, mini, micro), and actionable strategy advice
- ➕ Dynamic symbol management — add or remove pairs on the fly without restarting the plugin
- 🔀 Sort by spread — instantly rank pairs from widest to tightest spread
- 💰 Entry cost calculator — shows exact dollar cost of the spread per standard, mini, and micro lot
Who it's for:
Scalpers, day traders, and intraday swing traders who need to know whether conditions are safe to enter — especially around news events, session opens, and low-liquidity windows.
Fully configurable: symbol list, refresh rate, alert threshold, sort preference, and sound alert file path are all set via plugin parameters
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