Roman5 Arbitrage Viewer for MT4

This indicator is a perfect tool able to compare which brokers have the lower latency. It shows us immediately which brokers are the slower one and the faster one. When you see the dot icon on the line it means this broker is the faster one and the red line (Broker_A) is the slower one. See the example on the screenshot.


How it works?

This indicator shares the prices information to and from the "shared" common data folder. It compares all the prices. The price is based on average by (Ask + Bid) / 2.

There are two conditions:

1. Gap is the difference between Broker A and Broker B prices. For example: Broker A price is 1.35115 and Broker B price is 1.35105 -- this is a 10 points gap.

Let's say set ShowArrow_TriggerGap_InPoint to 15 points it means when the gap is greater than or equal to 15 points then triggered.

2. Timestamp is to make sure that the fast broker prices are ahead of slow broker.

When these two conditions are met then the dot will be appeared on the chart. It comes with an alert that will sound whenever a new signal appears.

Note: You need to place this indicator on other MT4 platform and make sure that the both symbols are identical, then you will able to see more than one line. e.g. EURUSD and EURUSD.lmx will be fine. Maximum MT4 brokers are 8.

You are able to test on demo accounts only for free - See https://www.mql5.com/en/market/product/12487


Parameters

  • TimerInMillisecond - This is re-scanning and looking for any new prices every 250ms. You can change the speed. Minimum is 50ms. Default is 250 milliseconds.
  • Write_To_CSV_Signals - Able to export the signals to CSV file so you won't miss out. The path location is ..\MQL4\Files\Roman5_ArbitrageViewer\. Default is True.
  • ShowArrow_TriggerGap_InPoint - When there is a gap between two brokers then it will place the dot. It just shows you that there is an opportunity for arbitrage. Default is 30 points.
  • WingdingsCode_ShowArrow_TriggerGap - This is the wingding fonts that appears on the chart. Default for dot icon is 159. See the wingdings code below.
  • AlertSound - You can choose to enable or disable the alert that will sound whenever a new signal appears.
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BUY INDICATOR AND GET EA FOR FREE AS A BONUS + SOME OTHER GIFTS! ITALO VOLUME INDICATOR  is the best volume indicator ever created, and why is that? The Indicator works on all time-frames and assets, indicator built after 7 years of experience on forex and many other markets. You know many volume indicators around the internet are not complete, does not help, and it's difficult to trade, but the Italo Volume Indicator is different , the Italo Volume Indicator shows the wave volume, when market
Non repaint MT4
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This is a professional chart indicator designed for traders focused on stability and clear price action. It helps filter market noise and provides clear visual entry and exit zones for your trading decisions. Core Features: Strictly Non-Repainting: The system is built with strict non-repaint logic. What you see on the chart is the true historical performance. Confirmed Signals: Signals are triggered and confirmed only after the candle closes . Once a trading arrow appears on a closed candle, it
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