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Native Depth Viewer

FREE

Published: 14 August 2026

Current version: 1.0

Native Depth Viewer

Name: Native Depth Viewer
Rating: 5 (1 reviews)
Author: Ubaldo Barranco Jimenez

Utilities
Ubaldo Barranco Jimenez
Ubaldo Barranco Jimenez
CEO at Enterprises

Colombia

1835
4.5 (2)
I’m a trader and developer focused on building practical tools for MetaTrader 5.
I create Expert Advisors, indicators, trading systems, and custom tools designed to make trading more systematic, efficient, and easier to manage.

13 products 1 topic 2 comments
Version: 1.0

Native Depth Viewer renders the order book of the current symbol directly on the chart: ask ladder, bid ladder, spread, and bid/ask volume imbalance. MarketBookAdd, OnBookEvent and MarketBookGet, the functions this indicator is built on, have no equivalent in MQL4. This reading is native to MetaTrader 5 only.

WHAT IT SHOWS

When your broker does publish a real book for the symbol:

Ask ladder (sell side), worst price first, reading top-down like a real DOM
Bid ladder (buy side), best price first
Current spread, in points and pips, computed from the book's own best bid/ask
Bid volume, ask volume, and the imbalance between them as a percentage

When it does not:

A plain status panel stating there is no book data, the reason, and that this is a broker feed limitation, not a setting to fix in the tool

WHY THIS IS NOT AVAILABLE ON MT4

MQL4 never had an order book API of any kind. MetaTrader 5's MarketBookAdd subscribes to the book, OnBookEvent fires when it updates, MarketBookGet reads it. None of that exists in the MQL4 language. A tool like this could only ever be built on MT5.

HOW TO READ IT

A wide, one-sided ladder (far more resting size on bids than asks, or the reverse) can signal near-term pressure in that direction. A near-zero imbalance with tight levels on both sides usually means a calm, liquid moment. None of this replaces your own judgment, it is raw information, not a signal to act on automatically.

WHAT IT DOES NOT DO

This tool never places, modifies or closes an order. It is read only. It also never invents a ladder: if the broker sends nothing, or stops sending updates, the panel falls back to the no-data message instead of freezing on a stale, misleading picture.

REQUIREMENTS

Works on any symbol, any timeframe (the book is symbol-wide, not tied to a chart period)
Your broker's server must actually stream a multi-level book for the symbol you attach this to. Check this first: open the symbol in Market Watch, right-click, Depth of Market. If the "Trade" volume column is empty for every row, your broker is not publishing real depth for that symbol, and no tool, including this one, can show what was never sent.

INPUTS

Panel theme (Auto / Dark / Light), panel corner, panel X/Y offset
Book levels per side (default 5)
Seconds to wait before reporting no data, and to detect a feed that has gone quiet after previously working

PART OF THE NATIVE SERIES

Four free tools that surface data MetaTrader 5 already has but does not show:

Native Session Volume — volume split by trading session
Native Spread Monitor — the spread you actually pay, hour by hour
Native Depth Viewer — the order book, on the chart
Native Account Stats — your closed trades, by symbol, hour and weekday

All four are free, read only, and share the same panel.

DISCLAIMER: depth of market is published by your broker, not by this tool. Most retail forex brokers do not publish a real book, only a synthetic bid/ask ladder for one-click trading. Check Market Watch > Depth of Market for this symbol first: an empty Trade/volume column means your broker sends none. This panel says so plainly, instead of faking a ladder.

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1090

classicaltrading 2026.09.16 07:35 #

Really nice tool. Thank you for making it available for free!

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Cross-Asset Order Flow EA: Automated ETHUSD Trading on H1 In Plain Language If you've never used an EA (Expert Advisor) before: this is a program that watches the market and places trades on your MT5 account automatically, following one fixed strategy, without you having to sit and watch charts. DriftLock ETH uses a cross-asset approach : Bitcoin acts as an external source of market information, while ETHUSD is the asset actually traded by the EA. The EA continuously evaluates market conditions

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GOLD STAIRSTEP PRO An Automated, Institutional-Grade System Built for Disciplined Market Execution Gold StairStep Pro is an automated trading solution engineered for traders who demand precision, structural confluence, and strict risk parameters in high-volatility environments. Tailored specifically for XAUUSD on the M5 timeframe , the system constantly evaluates price behavior through four proprietary multi-layer market filters: structural trend regimes, momentum expansion, short-term positioni

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Trade Manager OS is a risk-based order panel for MetaTrader 5. You decide where the entry, stop loss and take profit go. It works out the lot size so that a stop-out costs the amount you chose, in money or as a percentage of your account, and shows every number before you click. Then it keeps working after the order: breakeven, trailing stop, scale out and a daily loss guard run on the positions it sent, so you do not have to watch every tick. HOW IT WORKS Choose how much to risk: a fixed amount

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Native Session Volume Splits traded volume by trading session: Asia, London, the London/New York overlap, New York, and everything outside those windows. Free tools that show session times only paint a coloured box on the chart. None of them tell you how much volume actually happened inside each session, because MetaTrader 4 never had real volume at all. MetaTrader 5 does, and this indicator uses it. WHAT IT SHOWS A histogram in a sub-window, one bar per candle, coloured by the session it fal

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Xpert Trade Copier copies open positions from one MetaTrader 5 account to another on the same computer or VPS. Attach it once as Sender on the source account and once as Receiver on the destination account, give both the same channel name, and the Receiver mirrors every position with the lot size, symbol and safety limits you choose. No DLL, no internet connection, no extra program. It is built around one rule: a trade must never be copied twice. The Sender publishes the full state of its positi

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Native Account Stats breaks your own closed-trade history down by symbol, by hour of day and by weekday, with profit factor, win rate, expectancy and the drawdown of the closed-trade equity curve. Trades are reconstructed from MT5 deals, so deposits, credits and corrections never count as winning trades. WHAT IT SHOWS A panel on the chart reports: Trades, net result, profit factor, win rate, expectancy and max drawdown Average win, average loss, largest win, largest loss A breakdown by symbol

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Native Spread Monitor answers a simple question: is the spread you are being charged right now normal for this hour of the day, or are you about to overpay? Every free spread tool shows the CURRENT spread. None of them show what is typical for this hour, because MetaTrader 4 never kept per-bar spread history. MetaTrader 5 does, and this indicator uses it. HOW TO USE IT 1. Drag the indicator onto any chart. A panel appears in the bottom-left corner (you can move it to another corner in the set

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classicaltrading 2026.09.16 07:35 #

Really nice tool. Thank you for making it available for free!

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Reply from developer Ubaldo Barranco Jimenez 2026.09.17 00:09 #

Thanks a lot. If you've got any comments or suggestions, feel free to share them, happy to look at including them in the next version.