Summary of "🚀 Connect Nobitex to MetaTrader 5 – Expert – [TradingFinder]"

The video tutorial explains how to connect the Nobitex cryptocurrency exchange to the MetaTrader 5 (MT5) platform using an expert advisor (EA) provided by the TradingFinder team. This integration allows traders to import real-time market data from Nobitex into MT5 for detailed chart analysis.

Main Financial Strategy / Business Trend:

• Utilizing API connectivity to integrate cryptocurrency exchange data with a popular trading platform (MetaTrader 5) to enhance market analysis capabilities.
• Emphasizing data-driven technical analysis of crypto pairs by leveraging candlestick charts updated in real-time.
• Offering traders the ability to monitor multiple charts and time frames simultaneously for more comprehensive market insights.

Key Features and Methodology / Step-by-Step Guide:

1. Download and Setup:
   • Download the expert advisor file for MT5 from the TradingFinder team’s service page.
   • In MT5, navigate to the Navigator section, then Services, and run the EA file.
2. Configuration:
   • Go to Tools → Options → Expert Advisors.
   • Enable “Allow WebRequest for listed URL.”
   • Add the Nobitex API URL: apivv2.Nobitex.ir.
   • Confirm and apply settings.
3. Running the expert advisor:
   • Run the EA to fetch data from Nobitex.
   • Data for over 220 trading pairs is retrieved and displayed.
   • Access Market Watch → Symbols → Custom → Nobyex pairs to select desired trading pairs (pairs with .ntt suffix belong to Nobitex).
4. Chart Management:
   • Open charts for selected pairs; default timeframe is 1 hour but can be changed easily.
   • The EA feeds real-time candlestick data (open, high, low, close) for each tick.
   • Multiple charts for the same symbol can be opened (up to three shown), each with independent timeframes.
   • Charts are marked with symbols (+, ++) to distinguish them.
5. Input Settings:
   • Number of candles: Set between 300 and 10,000 (default 1,000).
   • Sync candles across multiple charts:
     • If true, each chart fetches its own candle data independently.
     • If false, secondary charts build candles based on the first chart’s data and can only have equal or larger timeframes than the first chart.
6. Limitations:
   • The expert advisor is for data visualization and analysis only; it does not support trade execution.

Summary:

This service enables traders to seamlessly integrate Nobitex exchange data into MetaTrader 5 for advanced charting and analysis without leaving the MT5 platform. It supports multiple charts, customizable candle counts, and various timeframes, providing flexibility for detailed crypto market analysis.

Presenters / Source:

• The tutorial is presented by the TradingFinder team.

Category

Business and Finance

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