Indicators saver
Info
The Indicators saver is a Script for MetaTrader 4 that the script saves the values of time, open, high, low, close, volume and standard indicators. It is also possible to save certain derivatives of the Time, such as day of week, hour and minute.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Script works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Scripts folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use Indicators saver
1. Installation: Move your script file into the MQL/Scripts directory and restart the platform.
2. Execution: Drag the script onto a chart; it will perform a one-time action, such as closing all open orders or clearing chart objects.
3. Editing: Use MetaEditor (F4) to modify code, click "Compile," and verify no errors appear in the terminal before running.
4. Removing: Scripts stop automatically, but you can remove them manually by right-clicking the chart and choosing "Remove Script."
Frequently Asked Questions
Q: How are scripts different from EAs? A: Scripts execute a single action and then stop; EAs monitor the market and trade continuously.
Q: Can I assign a hotkey to a script? A: Yes, right-click the script in the Navigator, select "Set Hotkey," and define your preferred keyboard shortcut.
Q: Why did my script stop? A: Scripts are designed to stop immediately after finishing their programmed command; this is normal behavior.
What this tool does
The script saves the values of Time, Open, High, Low, Close, Volume and standard indicators.
Typical Use Case
This Script excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Script works on MetaTrader 4. Place the file in the MQL4/Scripts folder and restart the terminal.
Description & Settings
Related: Tick emulation for accelerated testing of indicators - another powerful script for MetaTrader 4 traders.
The script saves the values of Time, Open, High, Low, Close, Volume and standard indicators. It is also possible to save certain derivatives of the Time, such as day of week, hour and minute. You can select what to save.
Also recommended: Tick emulation for accelerated testing of indicators ver. 2 - similar script with strong performance on MetaTrader 4.
ParametersBegin after
- skip a specified number of bars, required for skipping incorrect data;
Number of records(0-All)
- the number of stored samples, if set to zero, then everything is saved
Number of digits after decimal point
- the number of decimal places for real numbers, does not affect the values of Open, High, Low, Close;
The method of averaging
- price series smoothing method, used by several indicators, one value is set for them
The price used
- the applied price, used by several indicators, one value is set for them
Averaging period
- averaging period, used by several indicators, one value is set for them
... (Times and prices)
... (Indicators and their parameters)
For a large amount of data, the quotes can be downloaded from the server,
it is possible that not all brokers have archives that correspond to the market quotes.
In the 'Tools' menu select 'History Center', then choose what you need and press 'Download'.
The data storage format: the values are separated by tabs, lines end with CR LF (standard for Windows).
You may also like: Tick emulation for accelerated testing of indicators ver. 2. 2 - excellent alternative for script users on MetaTrader 4.
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.