Mercado Finaceiro Market Book: Free MT5 Expert Advisor

Overview

Mercado Finaceiro Market Book utilizes the MQL5 MarketBook class to retrieve real-time data including total market depth, the number of buy and sell price levels, and the current best bid and ask prices. Additionally, the utility monitors average spreads and identifies price level indices. The provided code is primarily a diagnostic or data-gathering utility and does not contain logic for opening, managing, or closing trades. The README is minimal and lacks configuration instructions.

Depth of Market data retrieval

Real-time spread monitoring

Bid and ask price level tracking

MQL5 MarketBook class integration

Details

Author

pudimKBM on GitHub

Type

Utility

Platform

MetaTrader 5 (MQL5)

Markets

Any symbol

Timeframes

Any timeframe

Risk profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

EA files

MQL5/Indicators/Expert.mq5

Source

github.com/pudimKBM/MercadoFinaceiro

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone pudimKBM/MercadoFinaceiro from GitHub, and unzip it.

2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.

3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.

4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.

5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.

Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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