SynteticSymbol - the plugin for MT4 server empower your feeders.
With it, you can:
- install the Markup (additional spread) for symbols with no fixed spread;
- create cross-currency exchange rates, which were not in the basic package of currency pairs, for example, the euro against the great britain pound: EURUSD/GBPUSD;
- lead futures in their national currency, for example, conversion of light sweet crude oil in euro: HOZ4/EURUSD;
- create their synthetic indexes, for example the index of IT-companies: 200*MSFT + 100*AAPL + 20*GOOGL + 130*FB.
The plugin has its own script language
Ideas for using:
a) You can make markups in realtime. For example, adds 20 points for XAUUSD (GOLD)
Symbol XAUUSD=markup(XAUUSD, 20pt)
b) In MT4-server the clients can have USD-account, EUR-account, and many other currency accounts.
If you want to make gold accounts (metal account), then it is problem to make account, which based on XAUUSD. All is because, the price of troy ounce of gold is very big - near $1225. It is better to have the price of gold at several orders less, like $1.22500
The plugin allows create synthetic symbol
Symbol GLDUSD = XAUUSD/1000
and then you can give GLD-accounts for clients
c) You can convert price of gold from troy ounce to kilogram
1 troy ounce is 31.1034768 grams
New symbol can be
Symbol GOLD_1KG = XAUUSD*1000/31.1034768
or
Symbol GOLD_1KG = XAUUSD*32.15075
d) The example below, how calculate the index of dollar,
Symbol USDX=EURUSD^(-0.576) USDJPY^(0.136) GBPUSD^(-0.119) USDCAD^(0.091) USDSEK^(0.042) * USDCHF^(0.036)
Minimum system requirements:
- Client OS: Windows XP
- Server OS: Windows Server 2003