MessageConsole.mqh should be placed in C:\\Program Files\[MT4]\experts\include
This file, MessageConsole.ex4 should be placed in C:\\Program Files\[MT]\experts\libraries
Files:
messageconsole.ex4
5 kb
Anyone know if there is similar library for MT5?

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The attached function library and include are used to create a MessageConsole directly on the chart, and the messages scroll upward from the bottom left corner of the chart. The messages can be color coded per user specifications, and the user can specify the type and size of the font, and how many rows of messages to display.
The main function is: Post(id,"Message",color);
Open the include file (MessageConsole.mqh) for complete details. I am posting the beta version here and giving free license to anyone interested in trying it out. Please post bug reports, as well as comments and suggestions, to this forum topic.
There are links below for the .mqh and .ex4 files.
Here is an example of how this looks on a chart: