MT4 Bridge Order Routing

To configure Order Routing for MT4 bridge, go to MT4 Bridges and MT5 Gateways. Next to your MT4 bridge, click ManageConfigure order routing.

 

On this page, you can configure the following parameters:

Minimum Volume - minimum volume (in lots) to be processed by YB MT4 Bridge

Maximum Volume - Maximum volume (in lots) to be processed by YB MT4 Bridge

Included Groups - the groups on your MT4 server to be processed by YB MT4 Bridge. It can be configured as masks (e.g. Live*) or individual group names.

Excluded Groups - the groups on your MT4 server NOT be processed by YB MT4 Bridge. It can be configured as masks (e.g. Live*) or as individual group names. You will need to set up Excluded Groups parameters if there are groups from within the mask used in Included groups that you want to exclude from the bridge. Otherwise, you can keep Excluded groups empty.

A-Book Min Quantity Threshold - requests to open/close a position smaller than this parameter value (in lots) may be only partially hedged (if A-book and not enough liquidity), although the total volume will be confirmed to the end client. This parameter does not affect B-book trades, stop-out, SL/TP, and pending orders.

B-book Min Quantity Threshold - requests to open/close a position smaller than this parameter's value (in lots) may be only partially hedged (if B-Book and not enough liquidity), although the total volume will be confirmed to the end client. This parameter doesn't affect A-book trades, stop-outs, pending orders, S/L and T/P execution.

A-book volume increment - custom increment step that will be used for a particular symbol in A-book. It might be helpful if there is a mismatch in the smallest symbol volume step between Liquidity Provider and MT4 Bridge. 

B-book volume increment - custom increment step that will be used for a particular symbol in B-book. It might be helpful if there is a mismatch in the smallest symbol volume step between Liquidity Provider and MT4 Bridge. 

Total volume increment - custom total increment step that will be used for a particular symbol.

Use Opening Hedging Multiplier - If this parameter is true, then the hedging multiplier, the same as the opening order, will be used for the closing order.

Execution Delay - Order execution for the added groups will be delayed by a random number of milliseconds from the set range.

Liquidity Pools to Group Mapping -  will send a trade request to the Matching engine with the liquidity pool based on the group name.