Algorithmic Trading Bot Using Level 2 Data
for Metatrader 4 & 5

aboutData analysis of buyer-seller trade behaviour

Professional traders avoid trading blindly. Prices move up and down due to differences in buying and selling pressure. The only method to fully analyse this price action and reaction is by monitoring Level 2 data, exclusively available on centralised exchanges like Futures markets.

The main goal is to predict WHEN to buy or sell and at WHAT price, by looking at what the buyers and sellers are doing in real-time.

Level 2 data consist of (1) volume profile, (2) orderbook / depth of market, (3) time and sales / tape reading. Our bots will monitor:

  • Volume Profile to find the most popular prices being traded for the day
  • Orderbook to see which prices have a large pool of buy or sell orders waiting to be triggered
  • Time and Sales to see when large buy or sell trades are being executed

Data is received in real-time at milliseconds. It is easy for the human eye to miss crucial information. We developed our bots to help monitor and auto-trade Level 2 strategies, 24 hours a day.

Knowledge Hub
LEVEL 2
Compatible with any
MT4 or MT5 broker

All our bots come with a built-in trade copier for free, custom developed for speed. It allows you to copy trades to unlimited accounts of all types and brokers.

Growing Level 2
Community
Active Users
0 +

Available at MQL5.com

level 2 botLive Performance

featuresA Metatrader bot that is unique

1
Wide compatibility

Employ our bot's trading strategies on any MT4 and MT5 broker with the help of our built-in trade copier

2
Speed

Our bots receive and process incoming data in milliseconds for ultra-fast trade decisions

3
24 hours trading

Never miss a trade opportunity, even while you sleep. Our bots monitor and trade markets around the clock.

4
Multiple strategies

Level 2 strategies are versatile and apply to all market conditions. Trades mean reversion (counter trend), trend, ranging, breakouts, scalping

5
True price action

Monitoring what buyers and sellers are doing in the market. Gain a full picture of where the popular prices are, and when large buy or sell pressure happens

6
Risk management

Adhere to strict risk management. Our bots will close any trades immediately when it detects a strong opposite market reaction

start algorithmic tradingAutomate trades like an expert

Visit our MQL5.com page to begin Level2 trading.

View Level2 Bots