Custom Indicators in MQL5
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 structural programming.
- The code execution speed, which now is much faster than in MetaTrader 4.
- Essential increase of possibilities for displaying the necessary information.
To view the full article, please visit: http://www.metatraderglobal.com/400/custom-indicators-in-mql5/
The new Metatrader 5 platform and the MQL5 language are nearing the end of development and will be probably launched in fall 2009. MT5 will replace MT4 and the new code is completely written from scratch. The bad point is that MT5 will be not compatible with MT4. This means that every indicator and expert advisor needs to be rewritten to work with the Metatrader 5 platform.
