Licensing class and script with 256bit Encryption
Info
The Licensing class and script with 256bit Encryption is a Script for MetaTrader 5 that this class loads a licensing file by reading 256bit encrypted account data from a license file into an account array for the purpose of licensing. The Class is initialised with a Filename, a Master Key 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 Script works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Scripts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use Licensing class and script with 256bit Encryption
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
This class loads a licensing file by reading 256bit encrypted account data from a license file into an account array for the purpose of licensing.
Typical Use Case
This Script excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Script works on MetaTrader 5. Place the file in the MQL5/Scripts folder and restart the terminal.
Description & Settings
Related: Programming Patters - Builder (classic) - another powerful script for MetaTrader 5 traders.
This class loads a licensing file by reading 256bit encrypted account data from a license file into an account array for the purpose of licensing.
Also recommended: Demo File Tell - similar script with strong performance on MetaTrader 5.
The Class is initialised with a Filename, a Master Key and whether the file needs to be saved in the common folders or not.Important Methods:
m_Write(string m_Acc = "", string m_Server = "")
- 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_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.
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: Listing all MT5 Signals' properties to a CS V file - excellent alternative for script 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.