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MT5 To Interactivebrokers Trader

234 USD

Demo downloaded: 91

Published: 4 June 2020

Current version: 1.70

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Overview
Reviews (4)
Comments (6)
What's new

MT5 To Interactivebrokers Trader

Name: MT5 To Interactivebrokers Trader
Price: 234.00 USD
Rating: 4 (3 reviews)
Author: Shaoping Kuang

Utilities
Shaoping Kuang
Version: 1.70
Updated: 15 October 2024
Activations: 5

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 Advisor'.

3) TWS Configuration
Find “Global Configuration” in Menu of TWS. Tick “Enable ActiveX and Socket Clients”. Delete the tick of “Read-Only Api”.

4) Input Parameters
Drag “Mt5ToIBTraderEn” to MT5 Chart. Fill the input parameters.

Variable	Description
IP Address	IP Address of host in which TWS or IBGateway is opened. Fill “127.0.0.1” if the same computer is used.
Port	Socket Port.
ClientID	Identifier of connection to TWS. Any positive integer. Please use different number for multiple connections.
Event Milliseconds	Periodical timer to process the program.
Default Account Code	Account code must be specified if the TWS account has multiple Account Code(e.g. U123456). The program will use the first one obtained if not filled in the field.
Bridge Mode	Market Mode：Only receive data feed from IB TWS, including realtime market data and history data. Multiple connection of Market mode can be created for an IB Account Code. Trading Mode：Receive orders, executions, positions from IB TWS and place orders to IB Accounts. Only one connection can be created for an IB Account Code. Both Trading and Market：Full market and trading mode. *Note： 1. Please fill different Client ID for different connections to the same IB Account Code. 2. Since the mt5 program can only be run in the mode of single thread, the big data flow of the bridge may be blocked and delayed. So we suggest users to create the one connection of Trading Mode and multiple Market Mode.It is suggested to select less than five symbols for each market-mode connection.
Reconnect Wait Seconds(Should Differ from other Bridges)	Auto Re-connect waiting seconds. Should be filled with different number to avoid simultaneous requests, which may cause potential abnormal.
Font Size Enlarge	Font size Zoom ratio

5) Multiple Bridge Mode
When creating multiple bridge mode, different ClientID number should be filled in parameters.
Recommendation on multiple bridge mode:
i. Open One connection(one chart) with Trading Bridge Mode.
ii. One or more connections of Market Bridge Mode in different chart.
iii. Less than 5 symbols for one market bridge is suggested. Less than 3 symbols is best.

IB Symbol Management

After click “SymbolsSetup” in the chart control, then you can search IB Symbols and add to the watch list of MT5.

Trading

1) Order Type

Supported order types are as below:

MKT, Market Order
LMT, Limit Order
STP, Stop Order
MTL, Market to Limit
STP LMT, Stop Limit

2) Basic trading function

Buy / Sell
CloseAll: Close all the position of the Selected Symbol
Cancel: Cancel all the pending orders of the Selected Symbol
CancelGlobal: Cancel all the pending orders of the account.
Stoploss/Takeprofit: Place Stoploss or Takeprofit Order simultaneously when click Buy /Sell

3) Drag to Modify

Drag Pending Order Line to Modify the Price
Drag Position Line to Generate Stoploss or Takeproft Order

(Note: Please select(double click) the line before dragging.)

Making IB EAs

The attached file “Header_MT5ToIB.mqh” has listed all the IB functions as reference.
Trading and Account Functions of MT5 cannot send orders to IB account directly. We need to replace these function to IB functions.
Most of them can be simply add a prefix “IB_” to MT5 functions, such as IB_AccountInfoInteger.
The account structure of IB is similar to the “Netting” mode of MT5 account, so the usage of functions will be similar to Netting mode of MT5.
For IB EAs made by IB functions, users can run “Strategy Tester” commonly with any charts, including those fed by IB data.
Besides, during the usage of IB function, please be noted position_id(or position identifier)are always the Contract ID of the symbol.

Relevent sample files: https://www.mql5.com/en/blogs/post/742377

more...

EYUAN-biubiu 2024.05.27 10:26 #

Good tool. While there are some small issues like if the connection to IB been halted by another login, the price quotes will always got problem while connection been resumed.

zijian_trader 2024.03.30 01:39 #

Hi I find two problem,1.MGC，GC future is not queried 2.in simulation environment ，quote data can not be updated

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I automated its commercial strategies for use of binary in MT5 and with our Mt5BridgeBinary I sent the orders to its Binary account and I list: begin to operate this way of easy! The expert advisers are easy to form, to optimize and to realize hardiness tests; also in the test we can project its long-term profitability, that's why we have created Mt5BridgeBinary to connect its best strategies to Binary. Characteristics: - It can use so many strategies as I wished. (Expert Advisor). - He does

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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

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 S

234 USD

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Silver Fraga 2024.08.28 02:36 #

Hello Shaoping, yesterday I rented the program, but so far it does not work, the graphics are not loaded in Mt5 with the IB data, so I cannot operate from the Mt5 charts, nor can I place an Ea. Please help me solve these problems since until now I have not had any use of the program, and if the program meets what you indicate in the description of the program, I would be interested in buying once it is working. Thank you very much. Please 1 day ago I left you a message and so far you have not responded, I need the program that I rented for 4 months to work, it is not working as I explained to you 1 day ago.

EYUAN-biubiu 2024.05.27 10:26 #

Good tool. While there are some small issues like if the connection to IB been halted by another login, the price quotes will always got problem while connection been resumed.

725

Reply from developer Shaoping Kuang 2024.05.27 16:29 #

The pipe may need to be clear after connection resumed. We will try to locate and fix it for next version. Thank you for your comments.

zijian_trader 2024.03.30 01:39 #

Hi I find two problem,1.MGC，GC future is not queried 2.in simulation environment ，quote data can not be updated

725

Reply from developer Shaoping Kuang 2024.03.30 02:44 #

Hi. 1. The exchange of MGC and GC had been changed to COMEX. I just tested them and they wre ok.
2. Quotes of IB are charged. Instead of trial account, you could apply the paper account of IB, which could be share market data with real account.
Please take as the reference: https://www.interactivebrokers.com/lib/cstools/faq/#/content/60341604

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Jesus Victor Lerga Bezunartea 2022.10.10 09:13 #

User didn't leave any comment to the rating

725

Reply from developer Shaoping Kuang 2022.10.10 17:07 #

Hi, please get it at this link https://www.mql5.com/en/blogs/post/742377

Version 1.70 2024.10.15

Some bug fixed.

Version 1.65 2022.11.15

1. Upgrade to the latest version IB API.
2. Fix some bugs, such as blocking problem.
3. Optimize the speed of the program.

Version 1.5 2022.09.24

Bug fixing.
Font size zoom out/in option.

Version 1.3 2020.12.18

Parameter added "Reconnect Wait Seconds" when using multiple bridges.
Bug fixing for position cost calcuating for symbols with price magnifiered, such as YC, ZC.

Version 1.2 2020.11.08

Bug Fixing