A suggestion to make the MT5 platform even better for all users. - page 2

 
""Marco vd Heijden:

I don't use anything below H4.

Well sometimes M1 but that is only to move my stop the break even.

So i don't think that everybody would gain from these additional time frames.

Besides that it's easy to compose those charts with offline charts.


By offline charts, do you mean manual charts?
 
PennySeven:
""Marco vd Heijden:

I don't use anything below H4.

Well sometimes M1 but that is only to move my stop the break even.

So i don't think that everybody would gain from these additional time frames.

Besides that it's easy to compose those charts with offline charts.


By offline charts, do you mean manual charts?
no
 

This may help in offline charts (for coders)

https://www.mql5.com/en/forum/162910#comment_3912231

 

https://www.mql5.com/en/articles/1387

What is wrong with manual charts ?
Offline Charts in the New MQL4
Offline Charts in the New MQL4
  • 2014.02.04
  • MetaQuotes Software Corp.
  • www.mql5.com
Updated MQL4 has the new format for storing historical data and provides the appropriate MqlRates structure for convenient storage of Time, Open, Low, High, Close and Volume values. For many years, traders have developed their MQL4 applications that collect and store their data in HST files for generating offline charts. We can assure you that...
 
Marco vd Heijden:

https://www.mql5.com/en/articles/1387

What is wrong with manual charts ?

thanks

 
Marco vd Heijden:

https://www.mql5.com/en/articles/1387

What is wrong with manual charts ?

Marco,

Thank you very much for the offline charts link. I will definitely study it over the Christmas break. 

Happy Christmas to you and your family. :-)

 
Marco vd Heijden:

https://www.mql5.com/en/articles/1387

What is wrong with manual charts ?

This feature is available in MT4 only. MT5 affords custom symbols as a substitution, but they lack a possibility to trade from such charts using unmodified expert advisers (which is the case for MT4 offline charts).

Custom Financial Instruments - For Advanced Users - Trading Operations - MetaTrader 5 Help
Custom Financial Instruments - For Advanced Users - Trading Operations - MetaTrader 5 Help
  • www.metatrader5.com
The trading platform allows creating custom financial symbols. You can view charts of such symbols and perform technical analysis, as well as use them for testing trading robots and indicators in the Strategy Tester. If your broker does not provide the instrument, on which you want to test your strategy, or the provided history depth and the...
 
Stanislav Korotky:

This feature is available in MT4 only. MT5 affords custom symbols as a substitution, but they lack a possibility to trade from such charts using unmodified expert advisers (which is the case for MT4 offline charts).


So, I can create M7, M8, M9, M11, M13 and M14 charts on the MT4 Platform?

I only trade manually.

I don´t need to trade from these charts. I only need to be able to set them up and consult them. I trade from all the standard charts available on the MT5. If those charts were available in the same format as the MT5 charts with moving averages, MACD and Stochastic available, I would create them on an MT4 platform from a different broker - and trade on my MT5 platform from my normal broker. 

Would I be able to do that?

Actually, it seems to me I will be able to do what I want to do with MT5 custom symbols. It says you can create charts. That is what I want to do for the  M7, M8, M9, M11, M13 and M14 charts on the MT5. 

 
PennySeven:

So, I can create M7, M8, M9, M11, M13 and M14 charts on the MT4 Platform?

I only trade manually.

I don´t need to trade from these charts. I only need to be able to set them up and consult them. I trade from all the standard charts available on the MT5. If those charts were available in the same format as the MT5 charts with moving averages, MACD and Stochastic available, I would create them on an MT4 platform from a different broker - and trade on my MT5 platform from my normal broker. 

Would I be able to do that?

Actually, it seems to me I will be able to do what I want to do with MT5 custom symbols. It says you can create charts. That is what I want to do for the  M7, M8, M9, M11, M13 and M14 charts on the MT5. 


maybe the coming MT5 updates hide something

MT5 is better for sure

Reason: