MetaTrader Australia

Let’s consider a task of improving an indicator, which is applied to values of another indicator. In this article we’ll continue to work with True Strength Index (TSI), which was created and considered in the previous article “MQL5: Create Your Own Indicator“.
Custom Indicator Based on Other Indicator’s Values

When writing an indicator that uses the short [...]

Introduction
Most Java coders will be familiar with the auto-generated documentation that can be created with JavaDocs. The idea is to add comments into the code in a semi-structured way that can then be extracted into an easy to navigate help file.
The C++ world also has a number of documentation auto-generators, with Microsoft’s SandCastle and Doxygen [...]

People have been asking if the code of MetaTrader 5 (MQL5) will be similar to C++?
It was promised that MQL5 will be very similar to classic C / C++, except:

pointers. that staff with *.
goto operator.
anonimous enumeration.
some exotic staff from so-called “object-oriented programming”: classes constructors do not have parameters, no multiply inheritance etc.

From discussion of the [...]

Below is a list changes in the MQL5 Help file.
Note: The Help is not updated automatically but can be downloaded at: http://www.mql4.com/files/mql5.chm

Added the OBJPROP_READONLY property for the Edit graphical object, which enables/disables editing of a text in this object;
Added an example for the IndicatorRelease() function;
Added the IndicatorCreate() function in the “Access to timeseries and indicators” [...]

Here is a script which converts MQL4 code to MQL5 code was developed by Keiji and Circlesquares on the MQL4 forum.
First, download the following files and place them in your Metatrader 4 / experts / include folder
- mt4accountinfo.mqh
- mt4string.mqh
- mt4datetime.mqh
- mt4objects_1.mqh
- mt4timeseries_2.mqh

To view the full article, please visit: http://www.metatraderglobal.com/406/rewrite-mql4-to-mql5-script/

Finally we’ve got an opportunity to try the new trade terminal – MetaTrader 5. No doubt, it is noteworthy and has many new features as compared to its predecessor. The important advantages of this platform among others are:

Essentially modified language allowing now to use the object-oriented programming, still allowing to use the rich advantages of [...]

In MetaTrader 5 the history of quotes is stored only in M1 format (from 1993, before – D1 format) and all the charts are built based on it. When the terminal is first installed, the history is empty. The history is stored in \MetaTrader 5\Bases\Default\History\”currency”\ folder and has the .hcc (uncompressed) format. The history is [...]

A short time ago some traders posted first indicators and scripts for the Metatrader 5 platform written in the new MQL5 language. Two of them are really impressive and show the real power and new possibilities of MQL5.
1. Slideshow Indicator for Metatrader 5 (by Rosh)
This indicator will place custom background pictures behind the chart and [...]

The main difference between MQL4 and MQL5 is the appearance of the object oriented programming. So you can start learning MQL4 now, because:

If You know MQL4 the only thing in MQL5 to change in your programs will be names of a couple of start() init() deinit() functions;
If you know MQL4 the transition to MQL5 will [...]

Analytics is one of the most important components of trading. Based on analytical data, a trader can decide what operation to execute, when to do it and the profit/loss of the trade. The MetaTrader 5 platform offers you wide analytical possibilities!
Charts
Charts constitute a work field for technical analysis. This is where dynamics of security quotes are [...]