Market Information Script for MetaTrader 5
Info
The Market Information Script for MetaTrader 5 is a Script for MetaTrader 5 that marketinfo is a utility script for metatrader 5 designed to display essential information about the current trading instrument. This script gathers and logs key data, including current prices, spread, volatility (ATR), the time remaining until the current bar closes, statistical data over a specified number of bars, and trend identification.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Script works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Scripts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use Market Information Script for MetaTrader 5
1. Installation: Move your script file into the MQL/Scripts directory and restart the platform.
2. Execution: Drag the script onto a chart; it will perform a one-time action, such as closing all open orders or clearing chart objects.
3. Editing: Use MetaEditor (F4) to modify code, click "Compile," and verify no errors appear in the terminal before running.
4. Removing: Scripts stop automatically, but you can remove them manually by right-clicking the chart and choosing "Remove Script."
Frequently Asked Questions
Q: How are scripts different from EAs? A: Scripts execute a single action and then stop; EAs monitor the market and trade continuously.
Q: Can I assign a hotkey to a script? A: Yes, right-click the script in the Navigator, select "Set Hotkey," and define your preferred keyboard shortcut.
Q: Why did my script stop? A: Scripts are designed to stop immediately after finishing their programmed command; this is normal behavior.
What this tool does
MarketInfo is a utility script for MetaTrader 5 designed to display essential information about the current trading instrument.
Typical Use Case
This Script excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Script works on MetaTrader 5. Place the file in the MQL5/Scripts folder and restart the terminal.
Description & Settings
Related: Info Market - another powerful script for MetaTrader 5 traders.
MarketInfo is a utility script for MetaTrader 5 designed to display essential information about the current trading instrument.This script gathers and logs key data, including current prices, spread, volatility (ATR), the time remaining until the current bar closes, statistical data over a specified number of bars, and trend identification.
Also recommended: Market Analysis Script and Template - similar script with strong performance on MetaTrader 5.
Key Features:
- Displays the current Bid, Ask, and spread in pips.
- Shows instrument specifications such as minimum and maximum lot size, lot increment, and the number of digits.
- Calculates the Average True Range (ATR) for a user-defined period.
- Indicates the time remaining until the current bar closes.
- Compiles statistics for a specified number of past bars, including high, low, average closing price, average volume, and range.
- Identifies the current market trend (upward, downward, or sideways).
- Presents a concise comment directly on the trading chart.
You may also like: quick market-watch launcher - excellent alternative for script users on MetaTrader 5.
Source Code
#property copyright "RobotFX"
#property link "https://robotfx.org"
#property version "1.00"
#property script_show_inputs
#property description "This code is educational. Feel free to use, modify and upgrade as you wish. Visit ROBOTFX.ORG for professional trading tools"
input int BarsToAnalyze = 20;
input int ATRPeriod = 14;
void OnStart()
{
Print("=== MarketInfo запущен ===");.......
⚠ 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.