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Connect Wallex Currency Pairs to MetaTrader 5 Expert - MT4/MT5 Resource

author EAcpu | 5 reads | 0 comments |

The Wallex paired with the MetaTrader 5 connector Expert Advisor is a practical tool that enables fast, delay-free real-time transfer of cryptocurrency exchange rates from Wallex Exchange to the MetaTrader 5 trading platform.

Using this service, Iranian users can directly view real-time price data on MetaTrader charts and perform more accurate technical analysis.

Note: This tool is only for displaying data and does not support trade execution.

Technical Characteristics Sheet Wallex Expert Pairing with MT5 Connectors

The following table summarizes the main functions and technical specifications of the Expert Advisor that connects Wallex trading pairs to the MetaTrader 5 platform.

Indicator categories: Trading Assistant MT5 Indicators
Platforms: MetaTrader 5 Indicators
Trading Skills: Elementary
Time frame: Multi Time Frame MT5 Indicators
Trading Tools: Cryptocurrency MT5 Indicators

Wallex Pairs Connector Expert Advisor Overview

In order to receive real-time data from Wallex Exchange, the Expert Advisor is connected to the server via a direct Internet connection. The connection uses the HTTP protocol and the Web request capabilities in MetaTrader 5.

With this function, EA can obtain technical analysis of real-time price, closing price, trading volume and other data - the relevant information comes directly from Wallex official API and is displayed in real time on the MT5 chart.

Steps to enable WebRequest in MetaTrader 5

To enable WebRequest:

  1. Open Settings: Click the "Tools" menu at the top and select "Options" (or use the shortcut Ctrl+O );
  2. Go to the "Expert Advisors" tab: In the settings window, navigate to the "Expert Advisors" section;
  3. Enable WebRequest: Check the “Allow WebRequests for listed URLs” box;
  4. Add Wallex API URL: Enter Wallex official API address: [ https://api.wallex.ir ];
  5. Save and Close: Click "OK" to save changes and close the window.
Activating Wallex Pairs Connector EA
Image: Steps to activate Connect Wallex Pairs to MT5 service

Steps to add Wallex cryptocurrency symbol to MetaTrader 5

After installing the Wallex Connector EA, follow these steps to view price data on the chart:

  1. Open the symbols window: From MT5's main menu, go to "View" → "Symbols" , or press Ctrl+U ;
  2. Find Wallex Group: In the "Symbols" window, find the group "Wallex" related to (eg, WLX-Pairs );
  3. Enable the Symbol: Find the cryptocurrency symbol you want, such as BTCIRT , ETHIRT , USDTIRT , etc., and activate it;
  4. Open Chart: Once activated, go to the Market Watch panel, right-click on the symbol and select "Chart Window" to open it.

Finally, drag the Expert Advisor onto the chart to display live Wallex exchange prices.

Adding crypto assets to the Wallex-MT5 connection service
Tutorial: Adding Cryptocurrency Pairs to the Connect Wallex Pairs to MT5 Service

Wallex to MetaTrader 5 EA Trading Settings

The following image shows the internal settings panel of the Wallex currency pair EA in MetaTrader 5:

Settings of the Wallex-MT5 connector EA
Wallex Pairs to MT5 connector service configuration panel details
  • Number of candles to download (minimum = 300, maximum = 1000): Number of candles to obtain (minimum 300, maximum 1000);
  • One symbol, different charts, same candles: one symbol, multiple charts, same candles.

Note:

When "One symbol, different charts, same candle" is enabled, MT5 will handle multiple charts of the same symbol independently. Tabs may display marks such as + or ++ to distinguish them.

If disabled, MetaTrader will build a higher lower time frame (eg 1 hour or 4 hours), for example 1 minute.

Adding two charts in the Wallex-MT5 connector EA
Add multiple timeframes for the same cryptocurrency in Wallex-MT5 Connector EA

Conclusion

The Wallex Paired with MetaTrader 5 Connector is a non-trading tool designed to transfer live market data from the Iran Wallex exchange to MetaTrader 5.

It only acts as a data display bridge and does not support trade execution .

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