Swap Monitor
Info
The Swap Monitor is a Library 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 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.
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 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: EV Z Reader - another powerful services 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: VP S Trailing Stop Service - similar services 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: U. S. dollar index - excellent alternative for services 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.