Write Double Indicator Values to Binary File
Info
The Write Double Indicator Values to Binary File is a Script for MetaTrader 5 that this script retrieves indicator values and writes them to a binary file in the 'data' subdirectory of the local terminal folder. It allows customization of input parameters for the MA indicator calculation, including the currency pair, timeframe, and starting date for indicator value calculation.
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 Write Double Indicator Values to Binary File
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 script retrieves indicator values and writes them to a binary file in the 'data' subdirectory of the local terminal folder.
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: Sorting Algorithms for Double Arrays in MQL4/MQL5 - another powerful script for MetaTrader 5 traders.
This script retrieves indicator values and writes them to a binary file in the 'data' subdirectory of the local terminal folder.Also recommended: Write Integer Data to File - similar script with strong performance on MetaTrader 5.
It allows customization of input parameters for the MA indicator calculation, including the currency pair, timeframe, and starting date for indicator value calculation.
In addition to MA indicator values, corresponding time values are also written to the file, ensuring proper data organization.
Code:
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property script_show_inputs
input string inpsymbolname="eurjpy"; // currency pair
input enum_timeframes inpsymbolperiod=period_m15; // time frame
input int inpmaperiod=10; // smoothing period
input int inpmashift=0; // indicator shift
input enum_ma_method inpmamethod=mode_sma; // smoothing type
input enum_applied_price inpappliedprice=price_close; // price type.......
⚠ 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.