Introduction
As a professional trader and MQL5 programmer from the EASY Trading Team, it’s hard to get thrilled over another supposedly groundbreaking trading robot. Today, we’ll dissect the MT5 To Interactivebrokers Trader, its effectiveness, and user comments, and give our professional opinion about this piece of trading software.
Description of Features
The MT5 To Interactivebrokers Trader robot claims to bridge the gap between MetaTrader 5 (MT5) and Interactive Brokers (IB), enabling traders to execute orders on IB’s platform through MT5. The core functionality includes:
- Order execution from MT5 to IB
- Real-time synchronization of orders
- Customizable trading parameters
- Execution of various order types (market, limit, stop, etc.)
- Integration with existing MT5 Expert Advisors (EAs)
User jvlerga has indicated some difficulty finding the 'Header_MT5ToIB.mqh' file, a critical component for creating an EA. This points to either a documentation gap or a lack of user-friendly instructions.
Analysis of Results
With no reviews and no rating formed, the effectiveness of this robot remains largely unproven within the community. The lack of feedback may be a red flag, suggesting poor adoption or dissatisfaction with the tool.
Pros and Cons
Pros:
- Integration between MT5 and IB
- Flexibility in order types
- Potential to enhance existing MT5 EAs
Cons:
- Lack of user reviews and community feedback
- Potential difficulties in setup indicated by user comment
- No clear historical performance data
Conclusion
Like many trading robots, the MT5 To Interactivebrokers Trader brings some theoretical benefits but lacks proven effectiveness. The absence of user reviews and performance data makes it difficult to recommend. I encourage users to discuss this robot on our forum and share their experiences.
Source Code of MT5 To Interactivebrokers Trader
We do not know the actual source code of the MT5 To Interactivebrokers Trader available on MQL5. However, based on the description provided on the MQL5 site, the EASY Trading Team can create a similar code. If you have any questions about the code, feel free to ask. Note that this is a sample code from easytradingforum.com and is based on the description of the robot sold on MQL5. We do not sell the MT5 To Interactivebrokers Trader but have created a trading robot based on its description.
Code:
You don't have permission to view the code content. Log in or register now.Download MT5 To Interactivebrokers Trader for Seamless Trading
For those interested in exploring the MT5 To Interactivebrokers Trader, you can find more detailed information and download options on our site. Share your results and experiences to help improve community insights!