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Technically speaking it should as OBJ-BITMAP_LABEL is also available in MQL4, but you would need to adjust the library code as there are a few places where the code will just not compile using the MQL4 compiler.
I'll try to play around with the library and I'll let you know, if I'm able to somehow port it to MQL4. You can also try by yourself. Just rename the example EA's .mq5 extension to .mq4 and try to compile the code.
Obviously, you will get compilation errors however you can check where and what they are.
Hi Artur,
I know this is an old post, I was wondering how you went with converting this to MT4.. Any luck?
thanks