Check if there are any new bar
Info
The Check if there are any new bar is a Library for MetaTrader 5 that 1、there is only one class function without additional variables. Please declare class CCheck before use2、Program variables are used to store corresponding data, while historical bar variables need to be statically modified for data storage3、This is the function to obtain the latest bar time.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Library works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Libraries folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use Check if there are any new bar
1. Storage: Place library files in the MQL/Libraries directory to ensure they are accessible to your projects.
2. Implementation: Include the library in your code using the #import directive, ensuring you match the exact function names and parameters.
3. Compilation: Ensure the library is present in the directory before you compile your main EA or script, as the compiler links them during this phase.
4. Management: Keep libraries organized in sub-folders if you manage many custom functions to maintain a clean project structure.
Frequently Asked Questions
Q: What is a library file used for? A: Libraries store reusable code modules, allowing you to centralize common logic used by multiple EAs or indicators.
Q: Is a library executable? A: No, libraries are non-executable files containing functions; they must be imported into an EA, indicator, or script to function.
Q: Can I update a library while the platform is running? A: You should compile your EA or script after updating a library to ensure the latest code changes are integrated.
What this tool does
1、There is only one class function without additional variables.
Typical Use Case
This Library excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Library works on MetaTrader 5. Place the file in the MQL5/Libraries folder and restart the terminal.
Description & Settings
Related: Days Of Week Check - another powerful library for MetaTrader 5 traders.
1、There is only one class function without additional variables. Please declare class CCheck before use
2、Program variables are used to store corresponding data, while historical bar variables need to be statically modified for data storage
Also recommended: Check History - Check and load history function - similar library with strong performance on MetaTrader 5.
3、This is the function to obtain the latest bar time. Using this function, the system runs the fastest, so it is used. When it returns False, the function will not exit, and if necessary, check the error code.4、When used for the first time, initial values will be assigned to the storage location of historical data for subsequent comparison
5、Comparing the old and new time columns, if there is a difference, it indicates that a new bar has been generated and returns true. If the time is the same, there are no new bar, return false
You may also like: Class for set and check your trading time - excellent alternative for library users on MetaTrader 5.
⚠ 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.