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
Mt4api ZeroMQ
This expert advisor for MetaTrader 4 acts as a bridge using the ZeroMQ protocol to connect the trading terminal with external environments.
GitHub stars2
Forks2
Last update5 years ago7 Sep 2021
LicenceNone stated
Overview
Mt4api ZeroMQ facilitates bidirectional communication, allowing users to send trade commands and retrieve market data or account status via TCP sockets. The system supports multiple instruments and includes functionality for automated lot sizing based on a specified risk percentage. It features risk management controls such as maximum order limits and slippage settings. As an adaptation of Darwinex templates, the developer notes that error checking is minimal and the code is not extensively tested.
- ZeroMQ integration for external system communication
- Automated lot sizing via percentage risk calculation
- Bidirectional price and account data extraction
- Support for multiple instrument trade management
Details
Author
RedDawe on GitHub
Type
Copier & bridge
Platform
MetaTrader 4 (MQL4)
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
Input parameters
Read from ZeroMQ_MT4_EA_CUSTOM.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
PROJECT_NAME | string | DWX_ZeroMQ_Example | |
ZEROMQ_PROTOCOL | string | tcp | |
HOSTNAME | string | * | |
REP_PORT | int | 5555 | |
PUSH_PORT | int | 5556 | |
MILLISECOND_TIMER | int | 100 | 1 millisecond |
t0 | string | --- Trading Parameters --- | |
MagicNumber | int | 123456 | |
MaximumOrders | int | 1 | |
MaximumLotSize | double | 0.01 | |
Slippage | int | 3 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone RedDawe/mt4api from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
- 3Copy the filesCopy the .mq4 file into Experts.
- 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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