
Learn to convert mql4 to mql5 and compare old and new mql4/mql5 environments. Understand indicators, expert advisors, and scripts for MetaTrader platforms and transition smoothly.
Compare old mql4 templates with the new mql5 model, highlighting the shift from legacy initialization and void functions to organized indicators and expert advisors.
Learn how to define constants and navigate data types in mql4 and mql5, including period representations, integers, doubles, and strings.
In MetaTrader 4 there is a total of 9 Chart Time frames and in MT5 there are 21 Chart Time frames, hence with this commonly known difference between the two it then becomes a reasonable to suppose that in Mql4 and Mql5 there are differences in the chart data and how the chart data can be handled. This lecture focuses on Old Mql4 Chart data Converting to Mql5 Chart data.
Not forgetting in all our Lectures we aim to have an MQL5 Code that does the exact same thing as an MQL4 Code.
Learn to extract chart data in mt4 and convert to mt5, retrieving open, high, low, close, volume, time, and bid price, and print it via a script using data window.
Explore differences in chart data arrays between mql4 and mql5, learn to print and create arrays like open, high, low, close, and preview two methods to reproduce identical data.
This lecture demonstrates converting mql4 chart data to mql5 by creating time, open, high, low, close, and volume arrays and copying data from the current symbol.
Learn how to copy chart data in MQL5 into a structured rate array using CopyRates, accessing close, high, low, volume, and time for efficient candle retrieval.
Explore how to represent and print account information in mql4 and mql5, including balance, equity, free margin, leverage, margin, and profit for a running demo account.
Learn how to convert mql4 to mql5 by building dedicated account information functions—balance, company, currency, leverage, server, and more—and print them via a MetaTrader script.
Explore how to access account information in mql5 using account info enums for double and integer, displaying balance, equity, margin, leverage, and matching mode.
Learn to build and resize arrays in mql4 to mql5, populate numbers 1 to 10, and use array search with from and to indices for full or partial searches.
Explore the array resize function in MQL4 and MQL5, including array, size, and reserve size parameters, and learn to reserve array capacity in MQL5 while mirroring the old behavior.
Discover how the array resize function differs between MQL4 and MQL5, including the array, size, and reserve size parameters, and learn how to reserve a specific array capacity in MQL5.
Discover how array functions were removed or redesigned in mql5 from mql4, including removing array dimension, replacing with copy rates, copy series, and direct open high low close data access.
Learn to implement an array sort function in mql5 that matches mql4 behavior by using parameters count, start, and direction, plus a custom enum for ascending and descending.
Convert your mql4 to mql5 by examining mq5 checkups, focusing on boolean functions such as is connected, is demo, and is expert enabled, and adapting settings and input parameters.
Convert your mql4 to mql5: check ups part 2 guides converting checks into mql5 code, covering terminal connection, demo vs real accounts, and dl allowed checks.
Convert your MQL4 to MQL5: checkups part 3 explains converting checkup functions for expert enabled settings, broker-controlled options, and account info checks to determine if trading is allowed.
Explore how to configure mql5 components by checking library and trade permissions, distinguishing the terminal versus mql5 code, and using visual mode in the strategy tester to test expert advisors.
Convert your mql4 to mql5 by examining old market info functions. Explore common functions and plan one-line conversions versus longer code rewrites.
Convert your mql4 to mql5 by updating market info functions, using symbol input to fetch last, low price, and high price for a symbol, align time, digits, and point concepts.
Learn how to translate old MarketInfo function usage from mql4 to mql5, focusing on spread, points, stop levels, contract size, symbol trade, and tick value.
Learn to retrieve the tick value and symbol trade value in mq5 using market info, symbol properties, and the mq5 reference.
Convert mql4 market info functions to mql5 by examining symbol, volume, min/max, and swap calculation methods, and demonstrate open positions and pending trades using module five concepts.
Learn how to set up a mql5 indicator template, define a single plot buffer, test series type and open price printing, and prepare to convert mql4 code to mql5.
Explore converting an mql4 indicator to mql5, analyze an old-format script, apply line-by-line or compile-and-fix methods, and review performance and chart behavior.
convert an MQL4 indicator to MQL5 by handling six buffers and plots, renaming buffers, adjusting colors, converting visuals, and ensuring proper input setup and array types before compiling.
this part guides converting the W3 aviation indicator from MQL4 to MQL5 by porting inputs, adjusting types, and compiling to resolve errors while preserving the indicator logic.
Learn to convert an mql4 indicator to mql5 by debugging, fixing copy errors, adjusting function names and buffers, and compiling to progressively reduce errors in the calculation workflow.
Convert an mql4 indicator to mql5 by fixing errors, adjusting highest and lowest logic, ensuring function returns, compiling, and deploying the updated indicator on a chart.
Explore the differences between MT4 orders and MT5 positions, comparing history, deals, and pending orders, and learn how to convert MQL4 functionality to MQL5 in this hands-on lecture.
Learn to select trades in MQL5 and distinguish open positions from pending orders using orders total and positions total, with ticket and type-based selection.
Learn how to convert MQL4 order functions to MQL5 position get functions by mapping trade, close, history, and order select calls, understanding current price, open price, and data types.
Tackle a mql4 to mql5 coding exercise that prints closing prices and position close times for up to three trades, using the print format function and follow-along code.
Open and manage trades in mql4 with scripts and expert advisers, then learn converting to mq5. Build inputs for symbol, volume, price, stop loss, and take profit to execute trades.
Learn to open a position in mql5 from mql4 using the include trade library and built-in trade, with buy and sell options, price, lot size, and magic numbers.
Convert your MQL4 to MQL5 by implementing a script that closes all open trades with a backward loop, using tickets for position closing and error checks.
Convert your mql4 scripts to mql5 by building a modify position function with take profit and stop loss. Handle points and symbol info for open buy and sell positions.
Forex traders can choose from a variety of trading platforms. However, because not every Forex broker offers every sort of trading platform, this decision factors in a trader’s broker of choice. Furthermore, some brokers do not have actual compatibility with particular Forex trading platforms, but do provide access to them via a bridge, which is software that connects a Forex broker's dealing system to the platform.
Metatrader 4 (MT4) is a well-known trading platform that is widely considered to be the industry standard. Although it is manufactured by the same business, the Metatrader 5 (MT5) trading platform is less widely used (the Cyprus-based MetaQuotes Software Corporation).
Because Metatrader 5 was released in 2010, five years after Metatrader 4 and at a time when Metatrader 4 was already very popular, and also because of the number sequence in the platform names, there is a common misunderstanding that Metatrader 5 is a new improved version of Metatrader 4 that does the same job better. Although it is a trading platform and back testing machine like Metatrader 4, and the graphical user interfaces appear and feel comparable, this is not the case. This should be mentioned in any good Metatrader review.
Metatrader 5 was actually designed to do some things that Metatrader 4 could not do. In reality, it was aimed at a different market, and thus, there is really very little reason to enter a discussion about “MT4 vs. MT5”. Metatrader 5 was created with the intention of being able to trade markets other than Forex, such as stocks and commodities, because it is better suited to connecting to a centralized trading exchange.
Forex is a totally decentralized market, with a number of large participants supplying liquidity at somewhat varied rates and in an uncoordinated manner into this massive market. Stocks and commodities, the latter of which is mostly traded as a futures contract (indeed, numerous contracts with varying expiry dates), must often be transacted through a centralized mechanism before full legal effect may be transferred. It's safe to suppose that Metaquotes envisioned a retail stock and commodity trading boom at the time of the MT5's development and introduction, and tailored the software to match that market.
Due to traders wanting to explore more markets without deviating from their trading strategies and analysis techniques, It is our mission in this course to equip traders and any interested individuals with knowledge on how to convert an indicator or expert advisor from MQL4 format into MQL5 format such that the software becomes compatible to both Metatrader 4 and Metatrader 5 platforms.