HFT Spreader for FORTS - MetaTrader 5 Expert - MT4/MT5 Resources

Input: position size in batches, spread — minimum price steps. For example, setting the value of the MIX-9.15 symbol to 4 means that the minimum price change step of this symbol (according to its contract specification) is equal to 25, therefore, the EA will start placing orders when the spread is 4*25=100.

How it works:

If all trading conditions are met, the EA places 2 limit orders at the best price, that is, if the best bid price is 167000, the EA places an order before 167025 (for MIX-9.15) and then waits for the order to be accepted. Once the order is accepted, i.e. after the position is opened, the EA will only place an opposite order with double the volume to close and reverse the position. If the order is not accepted and the spread has widened, the EA will delete the order and always ensure that our order has the best price from the nearest best price, 1 minimum step from the price change of the symbol.

In fast markets, it can delay working and not reopen orders in time at the best price.

Attachment download

📎 hftspreader4forts.mq5 (8.23 KB)

Source: MQL5 #13233