Bybit is ending support for MT4. What to do?

July 22, 2024

in Trading

Reading Time: 3 mins read

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You will have efficiently traded cryptocurrency utilizing your MT4 EA on Bybit. However one thing surprising occurred. Under are step-by-step directions on proceed buying and selling with the identical EA on Bybit. Furthermore, it is possible for you to to commerce USDC-M and COIN-M pairs, e.g. to cut back commissions!

Search for the same instrument on a demo account

First, you want to discover the specified cryptocurrency on the MT4 demo account of any dealer. For instance, these buying and selling on the ETCUSDT instrument will discover ETCUSD on ForexClub. There are greater than 50 cryptocurrencies on the ForexClub-MT4 Demo Server, and buying and selling can be accessible on weekends:

In any MT4 terminal, hook up with this account:

Organising copying trades from a demo account

After connecting to the demo account, open the ETCUSD chart and run the GRat_OrderExport (MT4) device on it to repeat your EA’s trades. Be sure the next parameters are set:

Magic – the magic quantity that your EA assigns to transactions, for instance 20000. If it doesn’t assign, then 0 . Widespread = true .

Receiving market knowledge from Bybit and establishing sending trades to it

Set up the GRat_BybitImport device in any MT5 terminal and run it on any chart. Be sure the next parameters are set:

Mode = Feed & Commerce Simulation = true to begin; after testing, change to false for actual buying and selling on Bybit . === CopyFrom === Magic – the quantity that was specified within the GRat_OrderExport (MT4) utility, for instance 20000 File = true Widespread = true Coin – foreign money (coin) or instrument for buying and selling, for instance ETC Base – steadiness/quote foreign money, for instance USDT APIKey, APISecret – public and secret Bybit API keys; they should have Learn and Write permissions, in addition to Commerce on the corresponding devices. WalletType – sort of instrument being traded, for instance Futures TestEnvironvent = false .

The bybit.set file beneath incorporates these settings. Study extra in regards to the parameters.

Click on OK. It is very important look ahead to the information to load.

All the things is able to launch your EA! Open one other ETCUSD chart with the specified timeframe in MT4 and begin buying and selling together with your EA on it, as you probably did earlier than on the same Bybit pair. Be sure that your EA assigns the identical magic quantity that was specified within the GRat_OrderExport (MT4) device, for instance 20000. Now all trades might be mechanically copied to the specified instrument on Bybit, on this case,the ETCUSDT futures .