Custom Indicators in MQL5

Oct 31st, 2009 | Filed under MetaTrader 5

Custom Indicators in MetaTrader 5Finally 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 structural programming.
  • The code execution speed, which now is much faster than in MetaTrader 4.
  • Essential increase of possibilities for displaying the necessary information.

I will not list all of the new possibilities and features of the new terminal and language. They are numerous, and some novelties are worth the discussion in a separate article. Also there is no code here, written with object-oriented programming, it is a too serous topic to be simply mentioned in a context as additional advantages for developers.

In this article we will consider indicators, their structure, drawing, types and their programming details, comparing to MQL4.

There is nothing complicated in this article, moreover, anything of the considered here can be checked directly in the terminal using the attached files.

I hope that this article will be useful both for beginners and experienced developers, maybe some of them will find something new here.

Click here for the full article – http://articles.mql4.com/865

Related posts:

  1. Metatrader 5 Development – Interview with Stanislav Starikov
  2. MetaTrader 5 – Migrating from MQL4 to MQL5
  3. Learning programming for the Metatrader 5
  4. MetaTrader 5 – Guide to Using Technical Indicators in Expert Advisors
  5. Decorating Indicators – MetaTrader 4

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