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MT5 To Interactivebrokers Copier

3.5

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-GLOBEX-USD,   FUT-DAX201912-DTB-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.

 

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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AnaliTIck is a financial instrument analysis and testing program based on the Metatrader5 platform. The object of analysis is the sequence of changes in the prices of Bid and Ask - ticks. The program may be useful to developers of scalping advisers and strategies, those who work on the news. When the program is loaded, an array of ticks for the financial instrument, on the chart of which the program is installed, is filled for the current period. The analyzed period is 4 trading days. On this pe
250 USD
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Yao Maxime Kayi
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 give
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Market Screener
Andrey Khatimlianskii
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
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This EA connects to MyTradingPet.com for top performing live trade signals backed by latest AI technologies. The past performance data is available from MyTradingPet.com. All future enhancements to these AI signals will be automatically loaded into this EA. One time setup and no tweaking is required along the way. You can choose top 1-3 performing signals over 1 week or 1 month or 3 months. The EA program will automatically refresh top performers based on daily performance statistics. No furthe
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More from author
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->Exper
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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
485
Reply from developer Shaoping Kuang 2022.09.11 13:01
Thank you very much for your comments.
Danny Verpoorten
443
Danny Verpoorten 2022.05.12 22:55 
 

At the beginning it seemed to work and I was really excited about this, but the excitement soon dissipated when random mostly meaningless error messages starting to pop up constantly. I've tested it multiple times on my laptop and PC and I get error messages like "sync issues" or "trade copy error" with not a clear explanation and my TWS is running just fine as well as my internet connection so the problem seems to be this program. It can work well for a few hours at a time but then suddenly it sends multiple orders for some reason and you end up with more orders or just different amounts and ways in which you intented it. I've contacted the developer multiple times but got no help from him. You can't rely on this program so better find another solution.

Shaoping Kuang
485
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 1.71 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.