How to connect MT5 strategy with AlgoDelta’s Custom Bridge?
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Yes sir, you can definitely do that with AlgoDelta.
For this, you can use either the Custom Bridge or the JSON Bridge.
For simplicity, let’s take the example of the Custom Bridge.
Step 1:
Go to the Custom Bridge page and create a Custom Bridge if you don’t already have one.
Step 2:
Configure the Upside Execution.
Example:
Exchange: NFO
Symbol: NIFTY
Product: Carry Forward
Script Type: Future
Order Lot: 1
Expiry Gap: 0
Transaction Type: Buy
Exit on Opposite Signal: Enable (Optional)
Click on Submit.
Step 3:
Similarly, configure the Downside Execution according to your requirements.
Step 4:
Copy the webhook URL.
You can find it using the yellow copy icon either from the Custom Bridge listing page or from inside the Custom Bridge itself.
Step 5:
Now open MT5 and whitelist the webhook URL.
Go to:
Tools -> Options -> Expert Advisors
Enable:
“Allow WebRequest for listed URL”
Click on the green “+” button and paste your webhook URL.
Click OK.
Note: This setup works through Expert Advisors because only EAs can make WebRequest calls.
Step 6:
Open your strategy code in MetaEditor and add the following function:
string StrategyUrl = "Webhook URL"; void SendSignalToWebhook1(string signal_side) { Print(signal_side); string headers = "Content-Type: text/plain\r\n"; char post[], result[]; int timeout = 20000; StringToCharArray(signal_side, post, 0, StringLen(signal_side)); ResetLastError(); int res = WebRequest( "POST", StrategyUrl, headers, timeout, post, result, headers ); if (res == -1) { Print("WebRequest Error: ", GetLastError()); } else { Print("Webhook Response: ", CharArrayToString(result)); } }Step 7:
Now call this function whenever your strategy generates a signal.
For Upside Execution:
SendSignalToWebhook1(“UP”);
For Downside Execution:
SendSignalToWebhook1(“DOWN”);
Example Buy Condition:
bool breakoutBuy = ema1 > ema2; if(breakoutBuy) { SendSignalToWebhook1("UP"); trade.Buy( LotSize, _Symbol, 0, S1, R1 + (R1 - P), "Breakout Buy" ); Print("BUY BREAKOUT"); }Example Sell Condition:
bool breakoutSell = ema2 > ema1; if(breakoutSell) { SendSignalToWebhook1("DOWN"); trade.Sell( LotSize, _Symbol, 0, R1, S1 - (P - S1), "Breakout Sell" ); Print("SELL BREAKOUT"); }That’s it.
Now whenever your MT5 strategy sends: “UP” the configured Upside Execution in AlgoDelta will be triggered. “DOWN” the configured Downside Execution in AlgoDelta will be triggered.
So, your MT5 strategy can continue generating signals, while AlgoDelta handles the actual order execution according to the configuration you’ve set in the bridge.
