API Connector to MetaTrader 5 Terminal. MetaTrader is a multi-asset platform for trading in the Forex market and stock exchanges.In addition to the basic trading functionality which enables access to financial markets, the platform provides powerfultools for analyzing vast amounts of price data.
These include charts, technical indicators, graphical objects and thebuilt-in C-like MQL5 programming language. The platform architecture enables the compact storage and efficient management of price data related to hundreds andthousands of financial instruments with a dozens of years of historical data.
With the MetaTrader 5 for Python package,you can analyze this information in your preferred environment. Install the package and request arrays of bars and ticks with ease.
Type the desired financial security name and datein a command, and receive a complete data array. All the necessary related operations, such as the platform launch,data synchronization with the broker’s server and data transfer to the Python environment will be performed automatically.
For full documentation, see https://www.mql5.com/en/docs/integration/python_metatrader5.
Download the file for your platform. If you're not sure which to choose, learn more about installing packages.
MetaTrader5-5.0.37-cp310-cp310-win_amd64.whl(129.2 kB view hashes) . MetaTrader5-5.0.37-cp310-cp310-win32.whl(108.5 kB view hashes) .
MetaTrader5-5.0.37-cp39-cp39-win_amd64.whl(129.2 kB view hashes) . MetaTrader5-5.0.37-cp39-cp39-win32.whl(108.5 kB view hashes) .
Hashes for MetaTrader5-5.0.37-cp310-cp310-win_amd64.whl
MetaTrader5-5.0.37-cp38-cp38-win_amd64.whl(129.5 kB view hashes) . MetaTrader5-5.0.37-cp38-cp38-win32.whl(108.8 kB view hashes) . MetaTrader5-5.0.37-cp37-cp37m-win_amd64.whl(129.2 kB view hashes) .
MetaTrader5-5.0.37-cp37-cp37m-win32.whl(108.5 kB view hashes) .
Hashes for MetaTrader5-5.0.37-cp36-cp36m-win32.whl
MetaTrader5-5.0.37-cp36-cp36m-win_amd64.whl(68.3 kB view hashes) . MetaTrader5-5.0.37-cp36-cp36m-win32.whl(57.1 kB view hashes) . Powerful, reliable, fast, scalable, cost-efficient, easy to use and standards-driven websocket API designed to boost your forex application development process.
Supports any MetaTrader broker. Same stable API for both MT4 and MT5. For developers who have had exposure to the MT5 Trading Platform from MetaQuotes you can understand the backwards and difficult way you need to implement its features.
We recently had to adapt a client system for use with their web trader and had to interact with MT5 to perform trades, check balances, list open positions and other data related calls. What a nightmare! First of all, before you ask… No. Their web api does not perform the main function one would assume it should — perform trades.
- In order to perform a trade from an external system into the MT5 platform we had to not only interact with the mt5webapi — we had to build a custom command within a C++ ‘Plugin’ that uses the ‘ServerAPI’ also supplied by them and real headache to work with.
- We quickly discovered why other development teams turned down the project or gave up part-way through it.
- Once we had that all in place and were finally able to send the trade to the platform — we aren’t returned the new trade id number!
- In my many years as a developer I have never heard of an API that creates a new item through the API but does not return any sort of identifier for the item/object created.
- So many hours were spent between our failed attempts and the non-developer’s who manage the support tickets at MetaQuotes — only to discover this is not possible.
- The API is designed to return an int() related to only the status of the API call and not the results of that call.
- So now we needed to find a way to link this new item (to which we had no identifier outside the trading platform) and the trade within the web application.
- Tick-Tock… the deadline was looming!
- We knew the volume, the trading pair, the price and the platform id — maybe there was a way we could use the full record, compare the two and be able to link them.
Now we headed off on a path to query and use the list of orders through the mt5webapi and assumed this would be a quick and simple detour. It was neither quick nor simple! Apparently there is no way to get a list of orders for a specific pair.
We can get all orders, get orders with a specific offset and get orders just for a single platform user — but no method is available to query the order system and return (for example) all orders for BTC/USD price at $8310.02 and volume at .06 — well now what?
- Idea #93: We can get all orders in php and create a query to search through them all to return the details on just the order(s) we have listed on a specific view or need within a specific function.
- Finally a success! We were able to bring down all the orders for the logged in user, sort through them in php and deliver the result for the view/function.
- Our tests were working great.
- Along comes a power-user who has in excess of 1000 orders in their account.
- Our app slowed to a crawl and even timed out in some instances.
- This won’t do — back to the drawing board.
- With frustration running high for our team and for the client, we really needed to find a solution to get around the lack of real-world thought put into their API — still cannot fathom why an API would not return the identifier of the item created!
- Anyway… long story short. We ended up having to use the built-in back up function of MT5 server — to backup (its supposed to be real-time) to an external MySQL database and creating a new database connection in Laravel to use the tables in the backup to do our queries.
- Overall, working with this API was nothing short of a nightmare.
- In my opinion it should be scrapped and started over, from scratch with real-world functionality added that returns usable results to the system calling it.
API access pricing
Using the MT5WebAPI with Laravel is now much easier and uses simple methods by adding the package we have created. Trading still requires the server plugin and there is no simple way to link a new order created externally to the trade within the platform, but all of the other functions and features of their API have been fully integrated with this package.
I’m new here at Medium but I’ll try to do a few more posts in the coming days related to my recent development experiences related to Crypto Trading and Crypto Exchanges — as there seems to be a new wave of development in this area.
As always, happy coding!
However, there are several forex brokerage solution providers that are selling MT5 Manager API one-time and monthly subscription packages depending on the access they give.
The lowest MT5 Manager API Cost is USD 150 per month and USD 1500 in one-time price. This is offered by a forex brokerage solution provider LaunchFXM.
Please contact them directly for more details.
A word of caution here is that there are several cracked versions of MT5 API and software. Please take due caution and deal with only genuine suppliers.
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MT5 Manager API Documentation is the guidebook for developers to work with the API. It contains the details of different functions the MetaTrader5 API can do and how to post and call them.
There are several online forums where other developers have shared them as well. But always ask for demo code and MT5 Manager API Documentation from your vendor before making the payment.
Check them thoroughly and get hang of how the MT5 Manager API works and whether the documentation provided really has significant details about it.
The MT5 Manager API opens great possibilities for custom development of software and tools for forex brokers and traders.
If you are an MT5 broker and looking to develop the tool in-house, you must first create a detailed requirement doc and discuss it with your team. Let them have a feel of it and share with you whether they can develop it or not.
Trust us, we have seen different incidents where a forex broker thought their software team can develop a tool, and even after spending months they get nowhere.
Be honest with yourself.
If you are not confident, hire a development team of professionals. Discuss the requirement with them and get them the MT5 Manager API yourself.
Buy the MetaTrader 5 Manager API either directly from MetaQuotes or a genuine vendor only. You are going to make a significant investment in terms of money, man-hours, and time. An in-genuine API can seriously impact your brokerage business negatively.
Keep the API key and other access details safe with yourself.
Hope you got what you wanted from this blog.
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