Licensing class and script with 64bit Encryption (more Reliable)
Info
The Licensing class and script with 64bit Encryption (more Reliable) is a Library for MetaTrader 5 that this class loads a licensing file by reading 64bit encrypted account data from a license file into an account array for the purpose of licensing. (256 bit Encryption method I last posted, fails decryption on certain strings hence why this method more reliable)The Class is initialised with a Filename, a Master Key(m_hkey -> can be a secret key of your choice, its hard coded here)and whether the file needs to be saved in the common folders or not.
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 Licensing class and script with 64bit Encryption (more Reliable)
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
This class loads a licensing file by reading 64bit encrypted account data from a license file into an account array for the purpose of licensing.
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: Simplified Order Management Class for MT4/MT5 - another powerful library for MetaTrader 5 traders.
This class loads a licensing file by reading 64bit encrypted account data from a license file into an account array for the purpose of licensing.
Also recommended: Class Calc Frac - Custom Bar Count for Fractal Detection - similar library with strong performance on MetaTrader 5.
(256 bit Encryption method I last posted, fails decryption on certain strings hence why this method more reliable)The Class is initialised with a Filename, a Master Key
(m_hkey -> can be a secret key of your choice, its hard coded here)
and whether the file needs to be saved in the common folders or not.
Important Methods:
m_Write(string m_Acc = "", string m_Broker = "")
- Adds a a new account to the licensing file...
(we use this to make a simple script to add new accounts to the licence file. directly in Mt5 / Mt4)
m_LicenceFound(string m_Broker="", string m_Acc="",string m_Server="")
- Checks the array of accounts from the license file to see if there is a matching and returns a bool based on it. The broker has to match, and then either the m_Acc (Account name) or the Server can match for licence found to return true...
And finally there are two public functions available for encrypting and decrypting strings using 256 bit encryption... (if needed by user)
The included sample script file creates a license file using above class.
The script will append new account licences to the specified file...
You may also like: CGV Class for Global Variables - 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.