New article LifeHack for traders: Fast food made of indicators has been published:
If you have newly switched to MQL5, then this article will be useful. First, the access to the indicator data and series is done in the usual MQL4 style. Second, this entire simplicity is implemented in MQL5. All functions are as clear as possible and perfectly suited for step-by-step debugging.
Now, after 12 years, such claims seem strange but the history repeats
itself. Just like in 2005, some traders declare that MQL5 is
complicated for learning and developing strategies compared to MQL4.
This means that the overall level of developing trading robots has grown
substantially over the years thanks to the fact that the developer was
not afraid to move on providing algorithmic traders with even more
powerful tools of the C++ language. The new MQL5 allows programmers to
check results of all operations in maximum detail (this is especially
important for handling trades) and consume RAM on demand. The old MQL4
provided much less opportunities of that kind before it was improved to
MQL5 level. Besides, the syntax itself was less strict.
I believe, that debates about MQL5 complexity will also pass into
oblivion after a short while. But since many traders still feel
nostalgic about "good old MQL4", we will try to show how familiar MQL4
functions may look if implemented in MQL5.
Author: Vladimir Karputov
Sorry but I don't even understand why this article was allowed to be published by Metaquotes.
The main advantages of indicator handle in mql5 is the ability to get several values from a buffer, you completely discard it. And that to provide a code which will be largely less efficient most of the time ! I am not even about bad coding practice consisting to not check returned value of a function.
This article is useless or even worst. Don't be surprised people want to keep using mql4.
If i run a simple iVolume in a loop, over all available instruments, in MQL5, then the platform just freezes up, the massive copybuffer calls act like a ddos attack on the operating system, it just trips, where if i do this same process in MQL4, it runs smooth like a pack of hot molten butter.
On the same machine, and that tells me more then i need to know.
Combine that with all the signals and noise coming from the community which tells me that my conclusions were right all along.