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MT5 To Interactivebrokers Copier

5

Mt5 To InterativeBrokers Copier allows you to copy deals from MT5 account to Interactive Brokers. With this, you can run your EA strategy on a MT5 Demo/Real Account, then copy all the deals to Interactive Brokers account real time.

Features:

1. Copy or Invert-Copy deals Realtime from MT5 to IB Account.
2. Synchronizing positions of both accounts periodicaly, in case any missing copying.
3. You can choose only Buy position or Sell position.

Symbols Setup:

General Format:  {MT Symbol} -> {IB Symbol} = {Copying Ratio}

while IB Symbols should be formated as below: 

  1. Spot Forex: CASH - [Local Symbol], e.g. CASH - EUR.USD
  2. CFDs:          CFD - [Symbol] - [Exchange] - [Currency],  e.g.  CFD-GBP-SMART-USD,   CFD-IBUS30-SMART-USD
  3. Stocks:        STK - [Symbol] - [Exchange] - [Currency],  e.g.  STK-AAPL-SMART-USD
  4. Futures:      FUT - [Symbol][YearMonth] - [Exchange] - [Currency] - [Multiplier], while [Multiplier] is only used for symbols that have multiple Contract Multiplier.
    e.g.  FUT-MES201912-CME-USD,   FUT-DAX201912-EUREX-EUR-25

Besides, Copying Ratio is the lots sent to IB account for 1 lot of MT5 account
In the symbols setup editor, lines begin with "//" represent ineffective of that line.

Configuration

1. MT5 : Put the TWS Socket IP Address(Defaut: 127.0.0.1) to the allowed URLs in "Tools->Options->Expert Advisors". 

2. IB TWS : API should be enable in TWS. Open “Global Configuration” in file menu, find “API” -> “Setting”, Tick “Enable ActiveX and Socket Clients” and untick “Read-Only API”. Optionally, it is sugguested you add “127.0.0.1″  to “Trusted IPs” box, tha can avoid manually confirmation very time when connected via API.

Parameters

Parameter Explaination
IB Order Type Order type of the order placed to Interacive Brokers(IB).
IP Address TWS  API services started IP address. “127.0.0.1″ should be filled if TWS run in local computer.
Port Socket port of TWS API. You can find in TWS at “Global Configuration” -> “API” -> “Setting”.
ClientID Client connection unique id. It can be any Integer.
Max Copyable Time Span(Secs) If trade copying failed, program will repeatedly try to copy until this time span slip. Default: 15 seconds
Position Sync Interval (Secs) Periodical time for both account to synchronize. Default: 30 seconds.
Copying Order Timeout (Secs) Time out seconds for sending orders to IB account
Event Milliseconds Periodical timer to process the program. It is used to set parameter of MT4 functoin "EventSetMillisecondTimer".
Please refer to https://www.mql5.com/en/docs/eventfunctions/eventsetmillisecondtimer
Position Sync Mode after Starting Set the sync feature whether to use last setting or not open when the bridge tool start.
Failure Notification/Email Warning Set to send specific Email Address or MT5 Notification when copying failure occurred.
Users can use setup the email address at the menu "Tools -> Option ->Email", and notifications at "Tools -> Options -> Notification".
Besides, users can set the trades SMS Alerts through Account management(from IBKR website).
Stop Copying When Order Filled but Not Responsed When an order filled but not responsed to client normally, it is probably abnormal for some connections.
Copying can be set stop in order to avoid repeated copying. Users should restart the bridge and TWS/IBGateway if this occurred. 
Besides, a global variable of MT4 named "IBTwsFilledAbnormal" will be set to "1" if this error occurrs.
Stop Sync after Times of Continuous Failure When sync sent, IB position should be changed afterwards. If continous sync-failure (may caused by internet problem, market closed, lack of liquidity, ect..) more than 5 (by defaut) times, Sync will can set to stop.
Symbols Setup File Name Users can set the bridge with different symbol mapping file if needed, such as copying to different to IB account simultanously.
Font Size  Change the font size if the controls in the chart screen can not be shown properly.

 

More information please download the MT5 To Interactivebrokers Copier User Manual.

Reviews 2
hunterdawe
20
hunterdawe 2022.09.10 10:24 
 

Very good utility. Ver. 1.61 is very useful. I also recommend this utility to other traders. Thank you for this utility.

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Xrade EA is an expert advisor as technical indicator. For short period trade it's the best for next previsions of the trend of the market. +--------------------------------------------------------------------------------------- Very Important Our robot(data anylizer) does'nt take a trade procedure. If using only our robot you must take positions by yoursels +--------------------------------------------------------------------------------------- The technical indiator provide for a given sma
Market Screener
Andrey Khatimlianskii
5 (1)
Professional tool for professional traders It allows you to browse all available financial instruments and select best ones to trade with lightning speed. Fastest market screening ever Move your mouse over the instruments and instantly see 3 charts with selected timeframes and predefined indicators! Click on the symbol name to hold it. Use UP and DOWN keys to select previous /  next instrument. Ultimate charting Smooth scale, automatic indicator lines width, smart grid and much more. You'll li
News: IDEA 2.0 is out with lot of features, like telegram bot notifications and Limits order! Check the changelog at bottom of page (*). Hi all, here you can find my Expert Advisor, called IDEA  (Intelligent Detection & managEr Algorithm) . In short, with this software you can: Have   a clear view of market status , with an indication of current trend. Simply add symbols you want to monitor to your market watch, and IDEA will notify you if some of them are in trend; Have an   automatic lots ca
Technical confluence zones is a very popular tool for traders. This EA detects such zones by studying chart patterns, naked price levels, fib levels, SMA/EMA over multiple timeframes and more. The source data is loaded from Mytradingpet.com. To find out what are factored in when determining such zones, visit https://mytradingpet.com - a free service for all traders. The zones are color coded. Purple indicates the highest level of confluence.
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Features   With MT5 to Interactive Brokers(IB) Trader, you can: 1. Load chart data from IB to MT5, and Analyze with all standard or customer Indicators. 2. Place Orders to IB Account Directly in MT5. 3. Make your Own EAs upon IB Securities by only making minus changes of the trading function. Usage 1) Installation Copy the "Mt5ToIBTraderEn.ex4" and sample files to [MT5 Data Folder]->MQL5->Experts.  2)  MT5 Settings Add the IP Address to the MT5 Allowed URLs in 'Tools->Options->Expert Adviso
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hunterdawe
20
hunterdawe 2022.09.10 10:24 
 

Very good utility. Ver. 1.61 is very useful. I also recommend this utility to other traders. Thank you for this utility.

Shaoping Kuang
766
Reply from developer Shaoping Kuang 2022.09.11 13:01
Thank you very much for your comments.
[Deleted] 2022.05.12 22:55 
 

User didn't leave any comment to the rating

Shaoping Kuang
766
Reply from developer Shaoping Kuang 2022.05.26 04:41
Sorry! I did not login this account these days for some reasons. I will fix this problem as soon as possible.
Reply to review
Version 1.751 2024.01.06
Bug fixing.
Version 1.72 2023.03.24
Bugs fixed avoiding a bunch of syncing failure.
Version 1.71 2022.11.10
Upgrade to the latest IB API.
Fix bugs of sync failure.
Version 1.61 2022.09.09
Fix bug for font size of symbol mapping list box.
Version 1.6 2022.09.06
Font size problem improved.
Bug fixing.
Version 1.5 2020.12.12
Email alert/Notification feature added when connection broken or reconnected.
Version 1.4 2020.11.07
1) E-mail warning feature added.
2) Auto stop copying when Order filled but not responsed.
3) Auto stop sync when too many times sync-failure.
4) Costomized symbol mapping file name.
5) Bug fixing
Version 1.3 2019.12.31
Bug fixing.