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MT5 To Interactivebrokers Trader

4

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


Bewertungen 4
EYUAN-biubiu
19
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
19
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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PROTECT YOUR FTMO Account in a simplest way Must-Have Account Protector for any Prop-trading Account and Challenge MT4 / MT5 Expert Advisor that protects your Forex Prop Trading account from an unexpected drawdown! FTMO Protector  is a Tool that lets you manage trades and control your profit and loss across multiple Robots and currency pairs using a simple parameters and settings. Use as many EAs and Instruments you need, the Protector will: 1.   Calculate your midnight (01:00 System time) Balan
TradePad
Ruslan Khasanov
5 (1)
Eine einfache Lösung für schnelle Handelsoperationen und Positionskontrolle auf mehreren Handelsinstrumenten. Die Bedienfeldoberfläche ist einfach und intuitiv. Für eine komfortable Arbeit eines Händlers verfügt das Panel über: Manager von "Hot Keys", mit denen Sie alle Handelsoperationen und Chartperioden verwalten können; ein Tool zum Markieren von Handelsniveaus bei der Platzierung von Pending- oder Market-Orders zur Bewertung von Risiken und potenziellen Gewinnen bei der Festlegung von Stop-
News Trader Pro is a unique robot that allows you to trade the news by your predefined strategy. It loads every piece of news from several popular Forex websites. You can choose any news and preset the strategy to trade it, and then News Trader Pro will trade that news by selected strategy automatically when the news comes. News release gives opportunity to have pips since the price usually has big move at that time. Now, with this tool, trading news becomes easier, more flexible and more exciti
If you wish to draw Support and Resistance lines, view: daily market opening, classical pivot levels, Fibonacci pivot levels, trend lines, Fibonacci levels, the remaining time to candle closing, and current spread. If you seek to place your orders with the exact lot that meets your desired stop loss risk. If you wish to do all this and more with just one click, then this is the perfect tool to use. This tool will allow you to feel more relaxed when deciding to open orders, as well as predicting
Mirror EA for MT5
Eugenio Bravetti
The new version of  MirrorSoftware 2021  has been completely rewriten and optimized.  This version requires to be loaded only on a single chart because  it can detect all actions on every symbol and not only the actions of symbol where it is loaded. Even the  graphics and the configuration mode  have been completely redesigned. The MirrorSoftware is composed of two components (all components are required to work):  MirrorController  (free indicator): This component must be loaded into the MAST
Corporate Report MT5
Pavel Verveyko
5 (1)
The script displays info about the share's corporate reports and dividends. The data is downloaded from   investing.com : Report date Profit per share (EPS) Revenue Market capitalization Amount of dividends Date of payment of dividends Dividend income The product cannot be tested in the tester (since it is not possible to receive data from the Internet). Before launching:  Add 2   URL   https://ru.investing.com/earnings-calendar/Service/getCalendarFilteredData  and   https://ru.investing.com/
Telegram Notify MT5 Telegram Notify MT5 is an utility tool to bridge your MetaTrader 5 activities to your Telegram chat/channel. It is useful for monitoring your MetaTrader 5 account by sending a notification to your particular Telegram chat/channel when someone/EA is placing trades, modifying order's TP/SL, closing trades and etc. This EA does not place any trade for your account. This EA also could be a convenient tool for monitoring other's EA trading activities or a tool for publishing you
Telegram ChartSnap MT5 is an utility tool to bridge your MetaTrader 5 activities to your Telegram chat/group/channel. It will screen shot your MetaTrader 5 chart and send it to your dedicated Telegram chat/group/channel through a Telegram bot. The whole process will keep repeating based on a time cycle that predetermined by the user. It is a convenient tool for those who like to get access to their favorite system/dashboard that only available at MetaTrader Desktop. Beside that, trader can eas
Weitere Produkte dieses Autors
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} -> {
Auswahl:
Silver Fraga
151
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
19
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.

Shaoping Kuang
689
Antwort vom Entwickler 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
19
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

Shaoping Kuang
689
Antwort vom Entwickler 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
Jesus Victor Lerga Bezunartea
1083
Jesus Victor Lerga Bezunartea 2022.10.10 09:13 
 

Der Benutzer hat keinen Kommentar hinterlassen

Shaoping Kuang
689
Antwort vom Entwickler Shaoping Kuang 2022.10.10 17:07
Hi, please get it at this link https://www.mql5.com/en/blogs/post/742377
Antwort auf eine Rezension
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