MT5GoldTested

Tested on demo accounts by the seller. A utility has no trading performance, so no Trust State applies - see the description for exactly what was tested.

AT24 Spread Guard (MT5)

AT24 Spread Guard shows what trading costs you right now compared with what is usual for this hour, on one dashboard and one sub-window. What you get - Live spread now against the typical spread for this GMT hour, status NORMAL / ELEVATED / SPIKE. - Spread as a share of ATR(14) with a HIGH COST warning. - The 3 cheapest and 3 costliest hours (GMT) and a 24-hour mini chart of the hourly profile; a coloured spread histogram with the typical-hour line; an optional alert when the spread spikes. - The profile is learned from YOUR broker, from the spread stored on the bars or, when that history is flat, from the live spread over time. The panel says which source it uses and says "learning" while the live profile fills. It is delivered as a non-trading utility Expert Advisor with the indicator built into the file (MT5 does not allow licence checks inside indicators): attach it to a chart and the indicator window opens below the chart. What was verified: compiles with 0 errors and 0 warnings in the real MetaEditor and runs on a real MT5 XAUUSD M15 chart (see the screenshot). The hourly profile matches an independent Python calculation on 6,000 XAUUSD M15 bars (mean per hour differs by at most 4e-7). Real finding: on some brokers (for example an IC Markets Raw demo feed) the spread stored on historical bars is the same at every hour, so a history-only profile tells you nothing - that is why the live-learning profile exists. If your broker stores no bar spreads the histogram stays empty and the panel relies on the live profile. Gold fact from our own research: with about 30 points of cost, M1 gold gives away about half the risk unit to costs and M5 about a quarter. Not verified: live-money use, alerts on a live feed, the daylight-saving boundary (bars from the other half of a daylight-saving year can be off by one hour), the licence check with a real purchase. MetaTrader 5 only; a MetaTrader 4 edition is not included. Cost tool. Not a signal. It does not say when to trade, and trading in cheap hours does not make money by itself. Past conditions do not predict future results. Not financial advice. It never places orders. Trading leveraged products is risky. LICENCE KEY: the download is protected by your AT24 licence key. One key works on ONE trading account at a time and only for this product; you can move it to another account yourself (2 changes per 30 days) from Dashboard > Purchases. After buying, paste the key from your purchase page into the EA input "InpLicenseKey" and allow https://www.algotraders24.ai under Tools > Options > Expert Advisors > Allow WebRequest. The Strategy Tester needs no key. TIME ZONE NOTE: this MT5 edition converts your broker clock to GMT with the broker's CURRENT offset. Brokers that follow the US daylight-saving calendar (for example GMT+2 in winter and GMT+3 in summer) change by one hour twice a year, so the GMT session hours, day or week boundaries and hourly profile can be one hour off for part of the year - on one of our test feeds that was about two thirds of the last 400 days and most of the last 60. Treat the GMT-based boundaries and statistics as approximate until a daylight-saving-aware update. The TradingView edition follows the exchange clock and does not have this issue.

Listed by Algotraders24.ai · ✓ Identity verified