Purpose
The Check Spread block ensures that trades only execute when the market spread is within a defined range, preventing excessive slippage.
How It Works
Set a maximum allowed spread (in pips or points).
If the real-time spread is below this threshold, the block returns true.
If the spread is too high, it prevents execution.
Use Case
Avoid trading during volatile market conditions.
Prevent unnecessary slippage during spread spikes.
Improve order execution efficiency by filtering bad conditions.
⚠ Note: This is essential for scalping strategies that require tight spreads.