This MetaTrader 4 expert advisor functions as a local trade copier, allowing users to replicate trades from one terminal to another. It operates by sharing a data file between a master and a slave instance on the same computer or filesystem. The slave EA manages order execution, including market, limit, and stop orders
Copier & bridge · MT4 · MT5
MT4 Ticks To MT5
This utility synchronizes tick data and historical price information from MetaTrader 4 to MetaTrader 5 in real-time.
GitHub stars19
Forks18
Last update6 years ago30 Jun 2020
LicenceLGPL-3.0
Latest release1.06 years ago
Overview
MT4 Ticks To MT5 utilizes a socket communication library to transmit data between the two platforms, requiring an active expert advisor on both terminals. The receiver component creates custom symbols in the MetaTrader 5 environment to host the incoming data stream, allowing for cross-platform data mirroring. Users can configure the naming convention for the destination symbols. This tool is designed for developers or traders who need to bridge data feeds for analysis or testing purposes.
- Real-time tick data synchronization
- Historical price data transfer
- Socket-based platform communication
- Custom symbol creation in MT5
- Configurable symbol name suffixes
Details
Author
JafferWilson on GitHub
Type
Copier & bridge
Platform
MetaTrader 4 (MQL4) and 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.
Input parameters
Read from MT5.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
append_to_symbol_name | string | MT4 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone JafferWilson/MT4-Ticks-To-MT5 from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts or MQL5/Experts.
- 3Copy the filesCopy the .mq4 / .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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