Summary of 📘 Kraken Spot Futures to MT5 Service Download - Free - [TradingFinder]

The video presents a detailed tutorial on the Kraken Spot Futures to MT5 service, which is an Expert Advisor (EA) developed by the Trading Finder team to integrate Kraken Exchange spot and futures market data into the MetaTrader 5 (MT5) platform for trading and analysis.

Main Features and Financial Strategies:

The service imports real-time spot and futures market data from Kraken Exchange via its official API.
It enables traders to view price charts with live candlestick data (open, high, low, close) directly on MT5.
Supports a wide range of trading pairs: over 1,000 spot pairs and 367 futures pairs.
Traders can select specific currency pairs from the custom Kraken FS folder within MT5.
Facilitates technical analysis by providing continuous updates with every market tick, allowing for timely decision-making.

Step-by-Step Guide to Using the Service:

Download the Expert Advisor file for MT5 from the Trading Finder website.
In MT5, go to the Tools > Options > Expert Advisors tab.
Enable web request and add two Kraken API URLs (for spot and futures) to the allowed URLs list.
Run the Expert Advisor from the Navigator section.
Confirm that data has been fetched successfully (spot and futures pairs).
Open the Market Watch window, right-click, and access the Symbols section.
Select desired pairs from the Kraken FS folder (spot pairs labeled with "S", futures with "F").
Open charts for selected pairs; verify that candlestick data is received and displayed.
Adjust settings under the input tab:
- Specify the number of candlesticks to receive (minimum 100, max 10,000 for fast mode, 720 for slow).
- Choose whether multiple charts of the same symbol should have equal candlestick counts or derive data from the first chart.
Understand the implications of the multi-chart setting:
- If set to true, each chart has independent candlestick data.
- If false, secondary charts depend on the first chart’s data, limiting the ability to switch to lower time frames on those charts.

Key Technical Insights:

The EA captures every tick from Kraken, ensuring up-to-date price action.
Candlestick formation is dynamic and reflects real market movements.
The multi-chart synchronization option affects chart data independence and timeframe switching capabilities.

Business Trend:

This tool exemplifies the growing integration of cryptocurrency exchange data with traditional trading platforms like MT5, allowing traders to leverage familiar analytical tools for crypto markets.
It supports the trend of automated data feeds and expert advisors enhancing trading efficiency and accuracy.

Presenters/Sources:

The tutorial is provided by the Trading Finder team.

This summary encapsulates the technical setup, usage instructions, and strategic benefits of using the Kraken Spot Futures to MT5 service for crypto market analysis and trading.