Trade Transactions
Info
The Trade Transactions is a Library for MetaTrader 5 that asynchronous trading orders have a huge advantage - high speed when sent in bulk. However, the spreading of such orders is hampered by the inconvenience - order result data can only be seen in OnTradeTransaction making users to build an event model of their trading strategy if they want asynchrony.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Library works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Libraries folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use Trade Transactions
1. Storage: Place library files in the MQL/Libraries directory to ensure they are accessible to your projects.
2. Implementation: Include the library in your code using the #import directive, ensuring you match the exact function names and parameters.
3. Compilation: Ensure the library is present in the directory before you compile your main EA or script, as the compiler links them during this phase.
4. Management: Keep libraries organized in sub-folders if you manage many custom functions to maintain a clean project structure.
Frequently Asked Questions
Q: What is a library file used for? A: Libraries store reusable code modules, allowing you to centralize common logic used by multiple EAs or indicators.
Q: Is a library executable? A: No, libraries are non-executable files containing functions; they must be imported into an EA, indicator, or script to function.
Q: Can I update a library while the platform is running? A: You should compile your EA or script after updating a library to ensure the latest code changes are integrated.
What this tool does
Asynchronous trading orders have a huge advantage - high speed when sent in bulk.
Typical Use Case
This Library excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Library works on MetaTrader 5. Place the file in the MQL5/Libraries folder and restart the terminal.
Description & Settings
Related: ASQ Session Manager for MetaTrader 5 - another powerful library for MetaTrader 5 traders.
Asynchronous trading orders have a huge advantage - high speed when sent in bulk. However, the spreading of such orders is hampered by the inconvenience - order result data can only be seen in OnTradeTransaction making users to build an event model of their trading strategy if they want asynchrony. This is not always easy (EAs), and sometimes even impossible (scripts).
Also recommended: ASQ Trade Frequency Controller: Optimize Trade Frequency with Precision - similar library with strong performance on MetaTrader 5.
The library solves this problem. At any time, it provides access to all transactions in the trading terminal (full data of the appropriate OnTradeTransaction) since the application launch simplifying the process of making your programs asynchronous.Examples
The example below displays the library operation principle:
Run this EA and try performing trading orders manually. The Expert Advisor will print all the details as if it has OnTradeTransaction. Although it has not!
There can be many practical scenarios for using such functionality. For example, trading a basket of symbols. For example, if you need to quickly open several positions inside the code. If they are open, you can perform additional trading operations without leaving the On function.
Since we frequently need to wait for a result of a massive sending of asynchronous orders, the library features the appropriate ability that can be quickly assessed using such an example
Of course, this is a script, but it still allows working with transactions via the library. The launch shows how to quickly open and close multiple trading positions/orders.
Features
The code
Indicators\fxsaber\TradeTransactions.mq5
should be compiled.
library is used.
The library source code features (
ResourceData.mqh
) a universal class that allows you to conveniently save/read data to/from .
You may also like: AS Q Telegram Notifier: Real-Time Trade Alerts and Performance Insights - excellent alternative for library users on MetaTrader 5.
⚠ 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.