ticks short
Info
The ticks short is a Library for MetaTrader 5 that this library implements work with the tick storage format, which has a good performance (read/write) to size ratio. format.
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 ticks short
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 library implements work with the tick storage format, which has a good performance (read/write) to size ratio.
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: implementing real-time ticks transfer in mql5 - another powerful library for MetaTrader 5 traders.
this library implements work with the tick storage format, which has a good performance (read/write) to size ratio.
Also recommended: TRIX Indicator Calculation Class for Arrays - similar library with strong performance on MetaTrader 5.
format.only the following fields ofare stored:
examples.
you can see the library methods in metaeditor by hotkey alt+m. below are some examples of their use.
write/read via file.
the script above saves ticks to a new format file and loads them from a file.
result.
the output to the log shows that the compression ratio is 10 times. and when uncompressed, the ticks match the original ones.
performance.
this script converts a source array of ticks into a compressed array and back. the performance/efficiency data is output.
result.
writes and reads are performed while preserving the original information at speeds above 40 million ticks per second.
alternatives.
You may also like: cdir (mt5) - a class for getting directory contents - excellent alternative for library users on MetaTrader 5.
Source Code
яю#property script_show_inputs
input datetime inFrom = D'2024.12.01';
#include <fxsaber\TicksShort\TicksShort.mqh> // >@>B:89 D>@<0B E@0=5=8O B8:>2.
template <typename T>
ulong GetSize( const T &Array[] ) { return((ulong)sizeof(T) * ArraySize(Array)); }
template <typename T1, typename T2>
double Criterion( const T1 &Decompression[], const T2 &Compression[], const ulong Interval )
{
const double Performance = (double)ArraySize(Decompression) / Interval;
return(Performance * ((double)GetSize(Decompression) / GetSize(Compression)));.......
⚠ 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.