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Roman5 Arbitrage Viewer for MT4 Free

This indicator is a perfect tool able to compare which brokers have the lower latency. It shows us immediately which brokers are slower or faster. When you see the dot icon on the line, it means this broker is the faster one and the red line (Broker_A) is the slower one. See the example on the screenshot.


How It Works?

This indicator shares the prices information to and from the "shared" common data folder. It compares all the prices. The price is based on average by (Ask + Bid) / 2.

There are two conditions:

1. Gap is the difference between Broker A and Broker B prices. For example: Broker A price is 1.35115 and Broker B price is 1.35105. This is a 10 points gap.

Let's say set ShowArrow_TriggerGap_InPoint to 15 points. It means when the gap is greater than or equal to 15 points, then the indicator is triggered.

2. Timestamp is to make sure that the fast broker prices are ahead of slow broker.

When these two conditions are met then the dot will appear on the chart. It comes with an alert that sounds whenever a new signal appears.

Note: You need to place this indicator on other MT4 platform and make sure that both symbols are identical, then you will able to see more than one line. e.g. EURUSD and EURUSD.lmx will be fine. This free version is only limited 2 brokers.

You are able to get up to eight brokers on live/demo account -- see https://www.mql5.com/en/market/product/12369.


Parameters

  • TimerInMillisecond - re-scan and look for any new prices every 250 ms. You can change the speed. Minimum is 50 ms. Default is 250 milliseconds.
  • Write_To_CSV_Signals - export the signals to CSV file so you won't miss out. The path location is ..\MQL4\Files\Roman5_ArbitrageViewer\. Default is True.
  • ShowArrow_TriggerGap_InPoint - when there is a gap between two brokers, then it will place the dot. It just shows you that there is an opportunity for arbitrage. Default is 15 points.
  • WingdingsCode_ShowArrow_TriggerGap - wingding fonts that appear on a chart. Default for dot icon is 159. See the wingdings code below.
  • Map_Symbol - To match the two different symbol names. For example: WS30 on MT4 #1 and US30 on MT4 #2. You can set both Map_Symbol = "WALL".
  • AlertSound - enable/disable the alert that will sound whenever a new signal appears. Default is True.
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⭐️⭐️⭐️⭐️⭐️ You want to become a constantly profitable 5-star forex trader? ⭐️⭐️⭐️⭐️⭐️ 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat FX Power is the first currency strength meter with a complete history across all time frames. It analyzes the momentum and strength of all major currencies to determine high probability trades. Key Fe
50 USD
PipFinite Impulse PRO
Karlo Wilson Vendiola
Are You Tired Of Getting Hunted By Spikes And Whipsaws? Don't become a victim of the market's erratic moves.. Do Something About It! Instantly make smarter decisions with Impulse Pro's precise balance of filters and accurate statistics. Timing Is Everything In Trading To learn more, please visit ► www.mql5.com/en/blogs/post/718212 Anticipate the next big move before it unfolds in 3 Simple Steps! Advantages You Get Early impulse detection algorithm. Flexible combination to different tr
88 USD
Market View BreakOut Dashboard
Chantal Sala
The Market View BreakOut Dashboard is a very easy to use panel. Symbol buttons change color when a breakout of previous candle is performed. You can choose to see the breakout only on a TF selectable with TF buttons. Apply this indicator to the chart to navigate very quickly through all the symbols listed in the inputs. The list of symbols is customizable. You can create five custom sessions to view the market clearly. Also, you can create your favorite session. You can customize both the graph
100 USD
Order Block Breaker Indicator
LEE SAMSON
ブレーカートレーダーになり、価格が反転すると市場構造からの利益が変化します。 注文ブロックブレーカーインジケーターは、トレンドまたは価格の動きが枯渇に近づいており、逆転の準備ができていることを識別します。通常、反転または大規模なプルバックが発生しようとしているときに発生する市場構造の変化について警告します。 この指標は、ブレイクアウトと価格の勢いを識別する独自の計算を使用します。使い果たされる可能性のあるポイントの近くで新しい高値が形成されるたびに、インディケーターはその高値の作成を担当する最後の注文ブロックを描きます。次に、移動する価格とともに注文ブロックを追跡します。その後、価格が反対方向にシフトし、その注文ブロックを突破すると、新しい市場構造を作成し、トレンドまたは大きな後退の可能性のある反転の開始を警告します。 注文ブロックは、高値/安値が作成される前の最後の反対色のろうそくであり、価格がこれらの重要な領域を下抜けすると、トレンドの短期的ま​​たは長期的な反転の兆候です。 特徴 重要な枯渇点での市場構造の変化を警告します 価格が使い果たされるレベルに近づくと、
49 USD
Reversal Master
Alexey Minkov
The Reversal Master is an indicator for determining the current direction of price movement and reversal points. The indicator will be useful for those who want to see the current market situation better. The indicator can be used as an add-on for ready-made trading systems, or as an independent tool, or to develop your own trading systems. The Reversal Master indicator, to determine the reversal points,  analyzes a lot of conditions since the combined analysis gives a more accurate picture of t
30 USD
Weis Wave MT4
Sergey Mylnikov
The indicator determines supply and demand on any markets using the Wyckoff method. It is based on the idea from the book "A Modern Adaptation of the Wyckoff Method" by David Weis and shows the total volume in waves. The indicator is good at defining divergences, the beginning and end of a trend and the presence of a supply/demand in a trend. The indicator works in two modes: "total/single" volume and "one-sided/two-sided" display. Inputs Volume Mode - volume display mode (total/single) Period
49 USD
FX Volume
Daniel Stein
⭐️⭐️⭐️⭐️⭐️ You want to become a constantly profitable 5-star forex trader? ⭐️⭐️⭐️⭐️⭐️ 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat Following the smart money is finally possible! FX Volume is the FIRST and ONLY volume indicator that provides a REAL insight into the market sentiment from a broker's point of view. It provides awesome
50 USD
FX Trend
Daniel Stein
⭐️⭐️⭐️⭐️⭐️ You want to become a constantly profitable 5-star forex trader? ⭐️⭐️⭐️⭐️⭐️ 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat FX Trend displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long
50 USD
FiboPlus
Sergey Malysh
どんなツール(シンボル)でも、グラフのどんな期間でも、買いと売りのフィボナッチレベルの自動的な作成とフォローアップ。 FiboPlus は、次のものを表示している: アップかダウン方向、 ありそうな 値動きのフィボナッチレベル。 エントリーポイントは「アップ矢印」、「ダウン矢印」アイコンで示され、情報はボタンにて再度表示されている。(SELL, BUY) 0から100までのレベルで限られた直角的エリア。トレードは、一つのレベルから他のレベルへ(トレンドなし)。 特長 値動きの予測、市場エントリーポイント、オーダーのための stop loss とtake profit。 作成済みのトレードシステム。 管理ボタンは、フィボナッチオプションの度リラかを選択できるようにする。 買いか売りのオプションを非表示にする。 グラフの他の期間を参照する。 「+」と「―」ボタンは、レベルの自動的再計算しながらグラフを大きく・小さくする。 何のフィボナッチレベルでも。 何の色でも表示。 ボタンをグラフの便利な場所に移動。 パラメーター Language (Russian, English, Deu
80 USD
SL Currency Strength Meter 28 Pair
Chalin Saranga Jayathilake
SL Currency strength meter pro28  Offering lasts one week This strategy is even used by the Banks to make profits. They take a strong currency and pitch against a weak currency This indicator allows you to analyze the hidden trends and correlations between the 8 most traded currencies via unique strength meter which creates multiple charts in a single window based on the price action of each currency in relation to all other currencies. The indicator also includes interactive panel where yo
13 USD
Multi Timeframe Indicator
Roman Zhitnik
Multi Timeframe Indicator includes a lot of functions and can be considered as a universal helper for a trader. It's main objective is to display up to 10 indicators at a time using just one small brick per each of them. These indicators involve Awesome Oscillator, CCI, DeMarker, MACD, RSI, RVI, Stochastic, Larry Williams' Percent Range, Bulls Power and Bears Power. An important function of the indicator is an ability to monitor signals from different timeframes. You can choose different combina
30 USD
Demand And Supply Diagram MT4
Evgeny Shevtsov
The balance of supply and demand is a simple and effective market analysis method. The supply and demand diagram can show you in advance, even before the trend reversal, where the supply ends and the demand is already emerging, where the demand ends and the supply is emerging, while substantially increasing the probability of making a deal in the right direction and with a high profit factor. Indicator Signals The indicator uses the price/volume values to generate signals: ED – excess demand.
35 USD
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バージョン 1.5 2020.04.03
Small updates
バージョン 1.4 2016.08.04
Added better information on the indicator i.e. Gap, Buy#, Sell#