Discussing the article: "From Novice to Expert: Animated News Headline Using MQL5 (III): Indicator Insights"
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Check out the new article: From Novice to Expert: Animated News Headline Using MQL5 (III): Indicator Insights.
In this article, we’ll advance the News Headline EA by introducing a dedicated indicator insights lane—a compact, on-chart display of key technical signals generated from popular indicators such as RSI, MACD, Stochastic, and CCI. This approach eliminates the need for multiple indicator subwindows on the MetaTrader 5 terminal, keeping your workspace clean and efficient. By leveraging the MQL5 API to access indicator data in the background, we can process and visualize market insights in real-time using custom logic. Join us as we explore how to manipulate indicator data in MQL5 to create an intelligent and space-saving scrolling insights system, all within a single horizontal lane on your trading chart.
Today, we introduce a new indicator insights lane—a rule-based on-chart feature designed to complement the tools we’ve explored in previous episodes (I and II). If you had not noticed by now, the core objective is clear: optimizing the MetaTrader 5 terminal interface for compact and efficient access to essential trading resources—directly within the chart.
Most oscillators traditionally display in separate subwindows below the main chart, which fragments the workspace and consumes valuable pixel space. The more indicators you use, the more your chart gets compressed, limiting your ability to view price action clearly.To address this, we’ll streamline these challenges by integrating an on-chart indicator insights lane using the CCanvas class. This allows us to fetch and process indicator values via the MQL5 API and display meaningful signals without cluttering the interface. I’ve prepared a visual example that illustrates how multiple indicator sub-windows shrink the main chart view.
Author: Clemence Benjamin