swap monitor
Info
The swap monitor is a Script for MetaTrader 5 that this is a service, which periodically inspects actual swaps for specified symbols and saves new values (if changes detected) into csv-files. the files are created in folders under the names of corresponding symbols and splitted by months - for example, the file 202410.
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 swap monitor
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
this is a service, which periodically inspects actual swaps for specified symbols and saves new values (if changes detected) into csv-files.
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: sd m swap - another powerful script for MetaTrader 5 traders.
this is a service, which periodically inspects actual swaps for specified symbols and saves new values (if changes detected) into csv-files. the files are created in folders under the names of corresponding symbols and splitted by months - for example, the file 202410.csv is for october of 2024. every line in a csv-file stores a datetime, long swap and short swap.
Also recommended: licensing class and script with 256bit encryption - similar script with strong performance on MetaTrader 5.
also the service check swaps of existing positions and alerts their changes (if any).the source code can run as a script on a chart if the directive
#property service
is commented out. but it's recommended to install the program as a service.
the code base does not support services as one of available mql5 program types, this is why the program is published as a script.
You may also like: bulls and bears - excellent alternative for script users on MetaTrader 5.
Source Code
#property service
#property copyright "RobotFX"
#property link "https://robotfx.org"
#property version "1.0"
#property script_show_inputs
#include <MQL5Book/ArrayUtils.mqh>
#include <MQL5Book/Defines.mqh>
input string SymbolList = ""; // SymbolList (comma,separated)
input string Folder = "Swaps";
input uint Beat = 10; // Beat (seconds).......
⚠ 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.