Trading spread filter

Disable trading forex at high wide spread

How to use Trading spread filter and Disable trading forex at high wide spread I use spread filter for forex trading to disable trading at high wide spread that cause lower risk reward ratio. Trading box Order management MT5 allows me to use such advanced trading spread filter to also positions opened at higher spread than planned in my trading strategy. I always set my forex spread filter to optimum level that gives me lower market position entry cost for order execution. This way my risk reward is stable and I am sure that if trade is executed, my forex trading strategy is properly implemented.
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Spread filter for low spread trading

Using the trading spread filter, I can ensure that my RR ratio is the same when order is placed and executed. I don't want to open positions at bad market conditions, such as when the market is open, market close, Monday opening gap, news releases, because this is a time when spread goes really high, causing bigger costs than expected. Spread filter also prevent my positions from being spiked out during red news releases when major news is published.

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