The IceFX Spread monitor is one of the best free MT4 indicators available, A must-have tool for every trader, as a trader you need to get know the changes in spread during the day and understand them well also it’s the best way to compare a broker when you can record their live spreads, this is a great tool for mapping out the spreads – the system saves the spread data to folder in MT4. To install go to the “Market” tab on the bottom of your MT4 terminal, then in the market search type in ” icefx spread monitor” , click on it and hit “download”, when installed drag it onto the price chart, leave the indicator running all day on a low timeframe chart day to record the spread in detail.
