Comparing Swap Rates and Holding Costs Across MT5 Symbols

Summary

The document describes an MT5 chart panel that scans symbols in MarketWatch and displays long and short swap rates alongside estimated daily and weekly monetary costs. Users can set a reference lot size, sort the symbols, highlight favorable swap rates, and adjust the panel’s appearance and layout. It is intended to help compare carry opportunities and rollover costs across instruments.

The stated calculation method reads swap rates and contract specifications through MT5 symbol information, then converts swap values into monetary estimates according to the symbol’s swap mode and tick value. It covers point-based, currency-based, and interest-based swap modes. Values refresh on a timer, with a manual refresh option. The document provides feature descriptions rather than validation data or a detailed account of the conversion formulas. Estimates depend on the platform’s contract data and the chosen lot size; the panel does not establish that a positive swap will remain favorable after price moves, spreads, or other trading costs.

Key ideas

• The panel compares long and short swap rates across symbols listed in MarketWatch.
• It estimates daily and weekly monetary swap costs for a selected lot size.
• The conversion accounts for point, currency, and interest-based swap modes.
• Swap comparisons can help assess carry and rollover costs, but do not establish net profitability.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.