Spread Widening
General Information​
This trigger is designed to help brokers monitor liquidity providers (LPs) by tracking spread widening for a specified symbol. It alerts the user when the spread exceeds a predefined threshold.
Menu Navigation​
📌 You can find the Spread Widening trigger under:
Risk Management → Event Triggers
Edit Settings​
| Parameter Name | Description |
|---|---|
| Rule Name | Assign a custom name to the rule. |
| Active | Toggle the rule on or off. |
| Severity | Set the importance level of the notification: Critical, Warning, or Notice. |
| Spread Threshold | Set the number of points that, when exceeded, will trigger a notification. |
| Ticks Count | Define the number of ticks within the specified time window that must exceed the threshold for a notification to be created. |
| Time Window (minutes) | Defines the duration (from 1 to 60 minutes) during which the system tracks ticks that exceed the spread threshold. A notification is created only if the number of such ticks within the current window reaches or exceeds the Ticks Count value. Multiple threshold breaches within the same window do not generate additional notifications. A new notification can only be created when a new time window starts and the condition is met again. |
| Symbols Groups | Select groups of symbols to monitor. |
| Included Symbols | Specify individual symbols for monitoring. |
Permissions​
| MT4 | MT5 |
|---|---|
| No specific permissions required. | No specific permissions required. |
Trigger Logic​
-
The user configures the trigger rule, defining:
- Spread threshold
- Ticks count
- Time window
- Symbols to monitor
-
Once activated, the trigger monitors spreads for the selected symbols.
-
If the spread surpasses the threshold:
- The system counts the number of exceeding ticks within the defined time window.
- If the number of ticks ≥ configured Ticks Count, a notification is created.
- No additional notifications will be generated until a new time window starts.
Example​
- Spread threshold: 100 points
- Ticks count: 2
- Time window: 5 minutes
👉 If within 5 minutes the spread exceeds 100 points at least twice, a notification will be created.
If it continues to exceed within the same window, no new notification will appear.
A new notification may be generated when the next 5-minute window begins.