Free Tools · Nexus Algorithmics

SQX Spread Calculator

Getting the spread right is one of the most common mistakes when moving a strategy into StrategyQuant X. Enter your broker's values from MT5 and SQX below and this tool gives you the exact number to type into the SQX spread field — so your backtests model real trading costs instead of guesswork.

Part of our free education series — built by an official StrategyQuant partner

The Tool

Calculate Your SQX Spread

Enter the four values below, then press Calculate. The large number is what you enter in the SQX spread section, with the full working shown underneath.

Digits The number of decimal places for the broker symbol. Market Watch value The spread number shown in MT5 Market Watch. SQX Pip/Tick Size The Pip/Tick Size shown in SQX for the instrument. SQX Pip/Tick Step The Pip/Tick Step shown in SQX for the instrument.

Enter this in the SQX spread section

Under The Hood

How The Calculation Works

No magic — just three small steps that convert the spread from the units MT5 reports into the units SQX expects.

Step 1

Point Size

From your Digits: 1 / 10^Digits. This is the size of one point for the symbol.

Step 2

Actual Spread

The Market Watch value in real price terms: MarketWatch × Pip/Tick Step.

Step 3

SQX Entry

Convert into SQX's units: Actual Spread / Pip/Tick Size. That result is your answer.