This is a prelease video about an upcoming tool for MetaTrader users who prefer to trade manually. This tool allows to quickly follow the markets, placing and manage orders in a convenient manner, providing information about your current order-,risk- and account situation, serves with statistics about your trading performance and more. The video shall give you a first impression of this upcoming tool. Comments are appreciated.
In this video you can see a stresstest of the MetaTrader-Interactive Brokers bridge. Positions for 4 different symbols are opened and immediately closed. This happens 30 times in a row with a short delay of 10 milliseconds between each open/close sequence. The ordersize is 5 lots=500.000 shares.
Both accounts are flat at startup and when test has finished. At the end of the video, the total costs generated at MetaTrader and Interactive Brokers are compared. Short in advance: The Interactive Brokers account generated $ 1324 less costs than MetaTrader account. This applies for 4 x 2 x 30 = 240 transactions, each with a size of $ 500.000.
The stresstest is installed along with bridge. Users can adjust parameters or change the code according their requirements. This way, they can imagine whether the bridge is a benefit for their personal trade setup or not. The question : “Should i buy the bridge or not” , is reduced to a simple mathematical equation.
The MetaTrader-Interactive Brokers bridge copies orders placed in MetaTrader 4/5 to an Interactive Brokers account.
This video tutorial is a guide for installation and usage of the bridge.