MT5 Broker Information Extractor
Info
The MT5 Broker Information Extractor is a Expert Advisor for MetaTrader 5 that this expert advisor is a diagnostic tool. It does not open trades but analyzes and captures a snapshot of the MetaTrader 5 environment.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Experts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use MT5 Broker Information Extractor
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
This Expert Advisor is a diagnostic tool.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 5. Place the file in the MQL5/Experts folder and restart the terminal.
Description & Settings
Related: Accurate Broker GMT Offset and Daylight Saving Time Rules from Price History - another powerful expert for MetaTrader 5 traders.
This Expert Advisor is a diagnostic tool. It does not open trades but analyzes and captures a snapshot of the MetaTrader 5 environment.Also recommended: USDX Trader EA: Trade the US Dollar Index with Any Broker - similar expert with strong performance on MetaTrader 5.
When launched on a chart, it collects all broker technical specifications and displays them in three ways:
The chart panel at the top left of the chart (with data updated in real time).
Terminal log (the Experts tab at the bottom).
CSV file (saved in the MQL5/Files folder on your PC).
What information does it extract?
The EA reads dozens of vital parameters in real time, grouping them by category:
Time Zone (Crucial):
Calculates the broker’s server time, your PC’s time, and the exact difference between the server time and UTC (Greenwich) time.
Trading Costs:
Extracts the swap calculation method, the long and short swap values in real currency (per 1 lot), and the current spread.
Symbol Rules:
Digits (decimals), contract size, minimum/maximum/step volume, Stop Levels (minimum distance for placing Stop Loss and Take Profit orders), and Freeze Level.
Execution and Connection:
Ping in milliseconds (latency), connection status, order filling modes accepted by the broker (FOK, IOC), and margin calculation method.
Account:
Broker name, server, account currency, leverage, and equity.
You may also like: Broker Clock Auditor: Accurately Track Server Time and Daylight Saving Shifts - excellent alternative for expert users on MetaTrader 5.
Source Code
#property copyright "RobotFX"
#property version "1.08"
#property strict
input string FileName = "BrokerReport.csv";
input bool PrintToLog = true;
input bool ShowPanel = true;
input bool SaveFile = true;
string g_lines[];
int g_spreadSum = 0;
int g_spreadCount = 0;.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.