Mastering HFT Spreader for FORTS: Your Go-To Guide for MetaTrader 5

Mike 2015.07.25 00:48 26 0 0
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Inputs: Set your position size in lots and define the spread as the number of minimum price steps. For instance, if you set the value to 4 for the MIX-9.15 symbol, that means the minimum price change for this symbol is 25. Therefore, the EA will kick in and start placing orders when the spread reaches 4*25=100.

How It Works:

Once all trading conditions are satisfied, the EA will automatically place 2 limit orders at the best available prices. For example, if the best Bid price is 167000, the EA will set an order at 167025 (for MIX-9.15) and wait for those orders to be accepted. Once the orders are filled, which means your position is open, the EA will then place an opposite order with double the volume to close the position and reverse it. If the orders are not accepted and the spread widens, the EA will cancel the orders and will always seek to adjust our orders to ensure they align with the best prices, just one minimum step away from the nearest price change.

Keep in mind, in fast-moving markets, there might be a delay, which could prevent the EA from reopening orders at optimal prices in time.

HFT Spreader for FORTS

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