Bitcoin Alert

Bitcoin Alert utility : This utility provides helpful Bitcoin infomation including : Order Book from 3 brokers Bitfinex, Binance and Bitmex help you make the decisions to open any long or short.

https://c.mql5.com/31/424/bitcoin-alert-screen-7997.jpg

For retail traders, we couldn’t know the real incoming volume in currency market from big brokers. But in cryptocurrency, there are many brokers offer us the information. And from my perspective Bids and Asks volume from many bitcoin borker have a strong relationship with incoming price changes.

I hope this might be helpful.

Graphic Display

Lot Size : Order lots, this field will be used when you enter action button BUY or SELL
Spread : Spread information calculate by Asks-Bids

Action Button :

 BUY
 SELL
 CLOSE ALL ORDER (w/ checking magic no.)

Order Book Info :

(update every 2 seconds)

 Left side - Bids prices w/ volume
 Right side - Ask prices w/ volume
 Sum - Order amount of first 10 bids/asks

*Bitmex volume calculate by using contract volume as follows :-
  XBT Volume = 1 / price * contract volume

Input Parameter

MAGICNO :
Order magic no.
SLIPPAGE : Slippage to be use in Action BUY, SELL or CLOSE ALL ORDER 
MIN_AMOUNT_ALERT :
Minimum of incoming Bids, Asks amount will be alerted
AMOUNT_RATIO_ALERT :
Minimum of RATIO between Bids and Asks amount will be alerted
  For example :-

     MIN_AMOUNT_ALERT : 15
     AMOUNT_RATIO_ALERT : 50

     Bids amount = 25.334 BTC      Ask amount = 0.066 BTC

     [25.334/0.066] = 383.848 > RATIO (50) , and Ask amount = 25.334  > 15 this means buying volume is stronger than selling, System will alert by GREEN color.

     And if selling volume is stronger than buying, system will alert by RED color.
     https://c.mql5.com/31/423/bitcoin-alert-screen-3792.jpg

     * This logic will be applied for only first line and summary line

Prerequisite Setting

1.   Menu > Tools > Options, Allow automated trading and Allow WebRequest as follows :-

      -   https://api.bitfinex.com/v1/book/btcusd
      -   https://api.binance.com/api/v3/depth
      -   https://www.bitmex.com/api/bitcoincharts/XBTUSD/orderBook

          https://c.mql5.com/31/423/bitcoin-alert-screen-5857.jpg
          https://c.mql5.com/31/423/bitcoin-alert-screen-9980.jpg

2.   And do not forget to enanble AutoTrading. If you don't enable its, order book info is still working but you will not be able to use action button BUY, SELL and CLOSE ALL ORDER

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Carlos Oliveira
5 (1)
Trendline PRO MT4 Trendline PRO MT4 is a semi-automated Expert Advisor for MetaTrader 4 that executes trades, manages orders, or sends alerts from trendlines and chart levels created by the user. The Expert Advisor does not generate trading signals and does not include a built-in trading strategy. All entries, exits, risk settings, and management rules are defined by the user on the chart. The product is designed for traders who already use trendlines, breakout levels, support and resistance, ch
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