Bybit and Metatrader | Bitcointalksearch.org

Beerwizzard

full member

Activity: 924

Merit: 148

Can anyone explain why people are still using MT4? It was created centuries ago and its interface and overall usability is still on the same level. All charting features and indicators are available in another terminals or in services like tradingview.
Personally, I have also tried Tiger Trade terminal not so long ago and it is way more convenient than MT4.

Quote from: Franctoshi on September 24, 2023, 12:36:48 PM

The reason is that, for me it Is more convenient to trade on MT4 or MT5 than on the exchange platform.

Let me guess. You came to crypto from forex?

Franctoshi

hero member

Activity: 1022

Merit: 600

Quote from: Minecache on September 22, 2023, 03:50:35 AM

OP. But my question is, if Bybit already has an account on bybit, why don't you trade directly on the bybit app instead of using MT4? I think using the official app is always better than using the MT4 or MT5 app.

https://learn.bybit.com/mt4/mt4-crypto-trading/
https://www.bybit.com/future-activity/en-US/mt4

The reason is that, for me it Is more convenient to trade on MT4 or MT5 than on the exchange platform. If Bybit has actually made their platform to be traded on the MT4 platform, So there are cases where you would want to take an instant trade, buy/sell order, and you realize that you have been logged out from the exchange, either due to maintenance or that you haven't logged in for some days, and you will now have to re-input your details back, but that scenario doesn't happen with MT4.

jeraldskie11

sr. member

Activity: 1316

Merit: 356

Base on what I have know, meta trader is an application that is being used by forex traders to be able to trade because trading in brokers is not possible.

I don't know what is the reason why don't you just use Bybit solely even though you knew that you can trade using their platform.

If the problem is that you just want a better chart, I would suggest tradingview. It is also have feature where you can execute a trade without going back to the exchange.

Hamza2424

legendary

Activity: 966

Merit: 1042

#SWGT CERTIK Audited

Quote from: direktor1977 on September 21, 2023, 08:21:24 PM

Hello, is it possible to connect ByBit and Metatrader? Need to buy something, plugin or something? Or NinjaTrader or Interactive Brokers? Or any other software that can execute trades. And how to connect? Cheapest way.

Buddy I haven't tried it, but as for the tutorials I have seen some guys using the MT4 and ByBit. I think ByBit provides some kind of Bride to connect MT4. For any other way to connect, I'm really not familiar with it.

As I don't use ByBit and MT4, or any type of such plugin I can't assure authenticity but here is what I found on a blog I'm quoting below the procedure to connect MT and Bybit. If you have some concerns about the bride I think you can go for some premium ones, as Ninja Bridge may cost around $100 Per month and Broker may cost around $200. So double check the official subscription while proceeding.

To proceed check here..

kingvirtus09

full member

Activity: 938

Merit: 108

OrangeFren.com

Quote from: direktor1977 on September 21, 2023, 08:21:24 PM

Hello, is it possible to connect ByBit and Metatrader? Need to buy something, plugin or something? Or NinjaTrader or Interactive Brokers? Or any other software that can execute trades. And how to connect? Cheapest way.

You know, I'm wondering why you still want to trade on MT4 when it's possible, and I think it's safer if you trade directly on Bybit; after all, it's even better to trade on MT4. And so far, my experience using Bybit via crypto trade has also been good.

But anyway, whatever your deep reason is, we respect your choice anyway. All we do here on this forum platform is give reminders and a little caution on such things that you want to do. And I also think that you also need to do your own research on what you are asking here so that you are aware of whether what is being given to you by those who commented on you here is also appropriate.

Potato Chips

hero member

Activity: 2786

Merit: 902

yesssir! 🫡

Quote from: direktor1977 on September 22, 2023, 01:33:57 AM

What Im trying to do is to find software that would allow me to write my own indicators and automate trade, execute orders on Bybit. Or I make my own software using the Bybit APIs, best solution maybe.

Crypto Traders use trading bots to automate their tasks, try looking into them and see if some stuff you're looking for are possible with them. Just don't forget to set your bybit API key in a way where it's not possible to withdraw your funds with it to minimize additional exposure risk.

For starters, you can start on this thread, see: https://bitcointalksearch.org/topic/--5278392 (note that it has been awhile since it was last updated so there could be more providers for bybit now)

palle11

sr. member

Activity: 2366

Merit: 332

Quote from: direktor1977 on September 22, 2023, 03:42:46 AM

Yes I checked I think Metatrader is only for Forex. Some say you can also trade crypto on Metatrader but I can't find a way to do.

You are trying to miss thinks up for yourself. I don't know if bybit is connected to metatrader (4 or 5) without any problem. But why would you be making reference to crypto market and forex market? , they are not the same thing even though they operate in almost the same way in terms of modus of trade like indicators, candlestick or market analysis like FA, TA, sentiments or emotions. Basically, forex market use metatrader 4 or 5 to operate. So for the forex brokers, they have their website where through which deposit or withdrawal is done but they are connected to the trading platform or channel called metatrader and this is different from crypto exchange platforms where you trade direct from the exchange website. So I think this is basic for all forex trading and brokers if you are trading the financial market, currency, commodities etc. But you can now find some forex brokers adding some crypto pairs against USD like BTC/USD but it does not run 7 days a week like the crypto exchange, forex is up 5 working days which is Monday - Friday.

Minecache

legendary

Activity: 2184

Merit: 1024

Vave.com - Crypto Casino

Quote from: Oshosondy on September 21, 2023, 08:39:27 PM

Can you connect Bybit with Metatrader? No.

I think there is a reason for the OP to ask that question, I don't use bybit but I have heard about bybit being linked to MT4 and traders can use MT4 for trading.

This is really strange to me but I just found a link about this, I hope this is what you are looking for and it will help you, OP. But my question is, if you already have an account on bybit, why don't you trade directly on the bybit app instead of using MT4? I think using the official app is always better than using the MT4 or MT5 app.

By the way, OP, be careful with bybit with the bad news about it recently.

https://learn.bybit.com/mt4/mt4-crypto-trading/
https://www.bybit.com/future-activity/en-US/mt4

direktor1977

newbie

Activity: 10

Merit: 0

Actually NinjaTrader is shit also. Can only trade a few cryptos at a few exchanges. Seems Ill have to make my own software.

direktor1977

newbie

Activity: 10

Merit: 0

Yes I checked I think Metatrader is only for Forex. Some say you can also trade crypto on Metatrader but I can't find a way to do. Anyway NinjaTrader seems to be the best option.

gunhell16

hero member

Activity: 1904

Merit: 541

Quote from: direktor1977 on September 21, 2023, 08:21:24 PM

Hello, is it possible to connect ByBit and Metatrader? Need to buy something, plugin or something? Or NinjaTrader or Interactive Brokers? Or any other software that can execute trades. And how to connect? Cheapest way.

First of all, I haven't tried that, and I don't do Forex trading either, dude, but I saw a tutorial on YouTube where Bybit is connected to MetaTrader 4. I'm just not sure if this is what you want to know, dude.

This is the link: https://www.youtube.com/watch?v=liaVSbE49tg, because the concept of forex trading is actually different from crypto trading, so you should also be asking about forex platforms. community is not here in the crypto community either. Or I hope you can at least do your own research if there is anything you want to know.

direktor1977

newbie

Activity: 10

Merit: 0

What Im trying to do is to find software that would allow me to write my own indicators and automate trade, execute orders on Bybit. Or I make my own software using the Bybit APIs, best solution maybe.

direktor1977

newbie

Activity: 10

Merit: 0

Hm, im actually talking about crypto. I heard you can connect Bybit with Metatrader 4 and NinjaTrader somehow but I dont know how.

Oshosondy

legendary

Activity: 1652

Merit: 1208

Gamble responsibly

I am not a forex trader. But if I recall correctly, I have a friend that uses both OctaFX or so with Metatrader. I think one for payment and the other for trading. Crypto exchanges does not work like that, you do all on crypto exchange using a single app or site provided by the exchange that you are using.

Can you connect Bybit with Metatrader? No.

direktor1977

newbie

Activity: 10

Merit: 0

Hello, is it possible to connect ByBit and Metatrader? Need to buy something, plugin or something? Or NinjaTrader or Interactive Brokers? Or any other software that can execute trades. And how to connect? Cheapest way.

Topic: Bybit and Metatrader (Read 154 times)