MultiCurrencyLite MT5
- Utilities
- Hao-Wei Lee
- Version: 5.0
- Updated: 26 September 2023
All what you need before start a trade
network connection/broker's/symbols/historical orders benchmarks/currnet orders status
01. symbol's trading privilege
02. order execution mode
03. trade session hours
04. min lot/max lots
05. max pending orders
06. freeze point pending order's distant points (zero is good)
07. Min SL/TP points required by broker if open an order (zero is good)
08. account leverage
09. Margin call open an order must > 100%
10. MarginStopOut forced to close some orders if margin < 30%
11. DayBars how may D1 bars owns
12. latency check symbol's server time - quote time
13. Trade server name
14. terminal version
15. server time zone. On Saturday or Sunday the time zone value is incorrect due to the server/market is closed
16. current server time
17. symbol's swap TimeStamp normally occur on New York session
18. Ping value of network connection
19. historical orders holding average time
20. historical orders Negative Slippage Standard Deviation (ex: an sell order with SL at 1.10020 but closed at 1.10040, more loss)
21. historical orders Positive Slippage Standard Deviation (ex: an buy order with TP at 1.10100 but closr at 1.10120, more profit)
22. historical orders Excursion points (MaxAdverseExcursion/MaxFavorableExcursion)
23. Symbols' information, Spread
24. Daily change/Daily price Gap form yesterday D1 close to today open
25. Tick Jump Down/Up points, Ping value must be considered (next day re-set)
26. Swap Short/Long daily changes
27. current Swap Short/Long
28. Tick value 1 means 1 Lot 1 point = 1 dollars
29. Margin Required 1000 means to hold 1 Lots require 1000 dollars
30. Volatility(20 days) is using to compare symbols each other, Volatility is normalized with Tick Value (tips: Volatility 500 take it for SL/TP points is good)
network connection/broker's/symbols/historical orders benchmarks/currnet orders status
01. symbol's trading privilege
02. order execution mode
03. trade session hours
04. min lot/max lots
05. max pending orders
06. freeze point pending order's distant points (zero is good)
07. Min SL/TP points required by broker if open an order (zero is good)
08. account leverage
09. Margin call open an order must > 100%
10. MarginStopOut forced to close some orders if margin < 30%
11. DayBars how may D1 bars owns
12. latency check symbol's server time - quote time
13. Trade server name
14. terminal version
15. server time zone. On Saturday or Sunday the time zone value is incorrect due to the server/market is closed
16. current server time
17. symbol's swap TimeStamp normally occur on New York session
18. Ping value of network connection
19. historical orders holding average time
20. historical orders Negative Slippage Standard Deviation (ex: an sell order with SL at 1.10020 but closed at 1.10040, more loss)
21. historical orders Positive Slippage Standard Deviation (ex: an buy order with TP at 1.10100 but closr at 1.10120, more profit)
22. historical orders Excursion points (MaxAdverseExcursion/MaxFavorableExcursion)
23. Symbols' information, Spread
24. Daily change/Daily price Gap form yesterday D1 close to today open
25. Tick Jump Down/Up points, Ping value must be considered (next day re-set)
26. Swap Short/Long daily changes
27. current Swap Short/Long
28. Tick value 1 means 1 Lot 1 point = 1 dollars
29. Margin Required 1000 means to hold 1 Lots require 1000 dollars
30. Volatility(20 days) is using to compare symbols each other, Volatility is normalized with Tick Value (tips: Volatility 500 take it for SL/TP points is good)