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Spread Hunter MT5 (MT5) — review, price and free alternatives
MT5 indicatorfree on MQL5by Dmitrii Kovalevskii
Spread Hunter MT5 is a free MetaTrader 5 indicator by Dmitrii Kovalevskii on the MQL5 Market — download it there; we host no third-party files. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you use it.
Spread Hunter MT5 — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Indicator
- Developer
- Dmitrii Kovalevskii
- Price
- Free
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Spread Hunter MT5 on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Spread Hunter MT5 – Current and Historical Spread Indicator Purpose The indicator displays the current spread value in points as a compact panel in the upper right corner of the chart.
Before you use Spread Hunter MT5
What the developer claims
- When hovering the cursor over any candle, it shows the historical spread for that bar.
- The tool is indispensable for traders whose strategies are sensitive to spread size: scalping, news trading, working with high-volatility instruments.
- Key Features Current Spread Constantly displayed in the upper right corner.
Quoted from the listing. We have not tested these claims.
What to check first
- Where you download it. Only from its MQL5 page — copies passed around elsewhere can be altered.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Spread Hunter MT5
Compiled from its public MQL5 listing. FxRobotEasy has not traded Spread Hunter MT5; what these notes say about how it works comes from that listing.
Overview
This comprehensive 2026 Spread Hunter MT5 review examines real performance and trading analysis to help you make informed decisions. Spread Hunter MT5 by Dmitrii Kovalevskii represents a comprehensive automated trading solution for MT5 traders. What sets Spread Hunter MT5 apart is its balanced approach to trade execution and capital preservation.
Risk notes
Spread Hunter MT5 implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT5 platform compatibility
- Developed by experienced Dmitrii Kovalevskii
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing Spread Hunter MT5 on MT5 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
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Our breakout robot — entries confirmed by pivot structure
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
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The team's notes, every day
- What we ship, what breaks and how we fix it
- Breakopedia AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
Spread Hunter MT5 or Breakopedia AI?
| Spread Hunter MT5 | Breakopedia AI | |
|---|---|---|
| How you get it | Free on MQL5 | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Dmitrii Kovalevskii | FxRobotEasy |
Spread Hunter MT5 — questions
What is Spread Hunter MT5?
Spread Hunter MT5 is a MetaTrader 5 indicator published on the MQL5 Market by Dmitrii Kovalevskii, and it is listed at no charge. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
Does Spread Hunter MT5 work on MT4 or MT5?
Spread Hunter MT5 runs on MetaTrader 5, not MetaTrader 4. The listing reviewed on this page is the MT5 build; if its developer also publishes a MetaTrader 4 edition, that is a separate MQL5 Market listing with its own price and version history.
Is Spread Hunter MT5 free to download?
Yes -- Spread Hunter MT5 is listed on the MQL5 Market at no charge, as recorded when its listing was last checked on 2026-06-14. The file is downloaded from the developer's (Dmitrii Kovalevskii) product page on mql5.com and installed into MetaTrader 5.
Is there a verified track record for Spread Hunter MT5?
FxRobotEasy has not traded Spread Hunter MT5 on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Spread Hunter MT5 elsewhere comes from its developer or from a third party.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.