by 
This MetaTrader 5 Expert Advisor serves as the execution module for a three-part synchronization system connecting NinjaTrader to MT5. It functions as a trade copier and hedging manager, automatically opening positions based on signals received from a central Go-based bridge server. The EA includes specialized risk con
Copier & bridge · MT5
NT To MT5 Hedging Receiver
This MetaTrader 5 expert advisor acts as a trade bridge, receiving order data from an external Go-based bridge server.
GitHub stars1
Forks0
Last update1 year ago4 Feb 2025
LicenceNone stated
Overview
NT To MT5 Hedging Receiver polls a specified URL at regular intervals to synchronize trades and manage an aggregated net futures position, likely originating from NinjaTrader. The EA translates external signal data into orders on MetaTrader 5 to facilitate cross-platform position management. It features configurable lot sizing, slippage controls, and specific magic numbers for order identification. The repository includes a custom JSON parser for processing messages but lacks extensive documentation.
- External bridge server integration via URL polling
- Configurable polling interval and slippage
- Built-in JSON parser for trade data processing
- Automated net position synchronization
Details
Author
Galaxybigbird on GitHub
Type
Copier & bridge
Platform
MetaTrader 5 (MQL5)
Strategy
Hedging
Markets
Any symbol
Timeframes
Any timeframe
Risk Profile
- Holds opposite positions at once
- Trades without a fixed stop loss
EA Files
Input Parameters
Read from HedgeReceiver.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
BridgeURL | string | http://127.0.0.1:5000 | Bridge Server URL - Connection point to Go bridge |
DefaultLot | double | 0.1 | Default lot size if not specified - Base multiplier for trade volumes |
Slippage | int | 200 | Maximum allowed price deviation in points |
PollInterval | int | 1 | Frequency of checking for new trades (in seconds) |
MagicNumber | int | 12345 | Unique identifier for trades placed by this EA |
VerboseMode | bool | false | Show all polling messages in Experts tab |
CommentPrefix | string | NT_Hedge_ | Prefix for hedge order comments |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone Galaxybigbird/NTtoMT5Hedging_Futures 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.
- 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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