Summary of ♦️ BingX Spot Futures to MT5 Service Download - Free - [TradingFinder]

The video explains how to use the BingX Spot Futures to MetaTrader 5 (MT5) service provided by the TradingFinder team. This service allows traders to download an Expert Advisor (EA) file that integrates BingX exchange spot and futures market data directly into the MT5 platform for real-time analysis and trading.

Main Financial Strategies and Business Trends:

• Integration of spot and futures market data from BingX exchange into MT5 for enhanced trading analysis.
• Use of real-time API data to generate accurate candlestick charts on MT5.
• Efficient management and differentiation of spot vs. futures trading pairs for better market navigation.

Methodology / Step-by-Step Guide:

1. Download and Load Expert Advisor (EA):
   Download the EA file for MT5 from the TradingFinder page and load it via the Navigator section in MT5.
2. Enable Web Requests:
   Go to Tools > Options > Expert Advisors tab, then enable "Allow WebRequest" and add the BingX API URL to the allowed list.
3. Run the Expert Advisor:
   Execute the EA, which will fetch and display all available BingX spot and futures pairs (1,627 spot pairs and 482 futures pairs).
4. Access Market Watch:
   Under the Symbols section, find the BingX FS folder with clearly labeled spot (S) and futures (F) currencies for easy selection.
5. Open Currency Charts:
   Open charts for selected currencies; the EA fetches historical candlestick data (minimum 300 to maximum 10,000 candles) and updates prices in real time based on BingX API ticks.
6. Configure Candlestick Settings:
   
   • Set the number of candlesticks to retrieve (300-10,000).
   • Choose whether multiple charts of the same symbol should have equal candlestick counts (true or false setting).
7. Manage Multiple Charts:
   
   • Opening multiple charts of the same symbol shows a plus icon on secondary charts.
   • When set to true, all charts display the same number of candlesticks.
   • When set to false, higher time frame charts build candlesticks from the lower time frame chart’s data (e.g., 4-hour candles constructed from 1-hour candles).
   • Important: If set to false, users cannot switch to lower time frames than the first chart to avoid incorrect data.

Key Functional Features:

• Real-time futures and spot market data streaming via official BingX API.
• Accurate candlestick formation based on high, low, open, and close prices.
• Clear distinction between spot and futures pairs for easier trading decisions.
• Flexibility to view multiple time frames and multiple charts for the same symbol with synchronized or independent candlestick data.

Presenters / Sources:

• The tutorial is presented by the TradingFinder team.

This service is aimed at traders who want to leverage BingX exchange data within the popular MT5 platform for improved market analysis and trading efficiency.

Category

Business and Finance

Video