Summary of 🔥connecting CoinEX Spot and Futures to MetaTrader 5 – [TradingFinder] - Free

The video tutorial by the TradingFinder team explains how to connect CoinEX spot and futures markets to the MetaTrader 5 (MT5) platform using a specialized expert advisor (EA) service. This integration allows traders to receive real-time market data from CoinEX within MT5 for analysis purposes, although trading execution is not supported through this setup.

Main Financial Strategy / Business Trend:

Methodology / Step-by-Step Guide:

  1. Download and Setup:
  2. Configuration:
  3. Accessing Market Data:
    • Right-click Market Watch > Symbols > Custom Folder > CoinEX FS folder.
    • Spot pairs are marked with an “S” and futures pairs with an “F.”
    • Open chart windows for selected spot and futures symbols.
  4. Data Visualization:
    • The EA fetches and displays up to 10,000 candlesticks per chart (minimum 300).
    • Each tick updates the OHLC (Open, High, Low, Close) prices in real-time.
    • Multiple charts for the same symbol can be opened with synchronized or independent candlestick counts based on input settings.
  5. Multi-Timeframe Chart Management:
    • When the synchronization option is true, all charts for the same symbol display the same number of candlesticks.
    • When false, higher timeframe charts derive their candlesticks from the lower timeframe chart, potentially showing fewer candles.
    • Smaller timeframes than the base chart will not show new data beyond what is available from the base chart.
  6. Limitations:
    • The service is for data analysis only; no trade execution is possible on MT5 through this integration.

Conclusion:

This tool facilitates comprehensive crypto market analysis by integrating CoinEX spot and futures data into MT5, allowing traders to use familiar charting and technical analysis tools with real-time data from a major crypto exchange.

Presenters / Sources:

Category

Business and Finance

Video