Scan Historical Data for Conditions/Values

[roar]

@cdwilder1 when I started learning this forex stuff, MT5 was already out and I started with it. I still do everything in MT5 , MT4 is just for the forum examples as people seem to be stuck with it I dont really know why MT4 is still so popular, maybe there's some licence fees of MT5 that brokers dont want to pay, and thus they advertise MT4 for everyone...

MT5 indeed has a superior testing environment for the EAs. Fxdreema is nearly 100% identical for mql4/mql5.
As for this particular project, there is no difference at all. Just open the MT4 project in a browser tab, open an empty MT5 project in another tab, and copy-paste the blocks.

[MrDaisyBates]

Thanks for the additional info, @roar

As you've probably noticed, MT4 is way more popular with brokers (practically every broker has it, whereas MT5 is a bit more scarce. You might be right. There could be some additional costs associated with supporting it at the broker level, or it could simply be more crap that can break and, if demand isn't high enough, then they don't bother with the added headache.

I decided to give MT5 a download and mannnnnn, there's soooooo much extra stuff int he strategy tester and stuff (plus I got a pretty beefy computer, and it allows me to use the processor to the best of its ability, which really speeds things up, also). I'm very pleased with it so far, to say the least.

I think a lot of people stick with MT4 for custom indicators since it's old an faithful (maybe for hedge positions, since I don't believe you can open conflicting positions on MT5? at least that's what I've heard)

Years back, I was interested in indicators primarily (I thought they were going to be the key to trading success), and I heard MT4 had way more and that they weren't compatible, so, after loading up both applications one time, I saw they graphically looked really similar, also, so I just assumed that MT4 was pretty much the same and I never looked back. I think at that point, I probably made the right decision.

Now that I'm building EAs and venturing down that route, I think the tables have turned. I'm using less custom indicators than ever and that added functionality of MT5 seems very worth it in my case. Thanks for the encouragement!

Thanks again for all your help, as well!

[roar]

@cdwilder1 nowadays you can open conflicting positions on MT5 as well, if you open a hedging account with your broker.

The MT5 default account type is netting account, but many MT5 brokers seem to offer more hedging accounts as its a familiar system for old MT4 users.

[yerlin]

@roar shared/HSMhgeWcc

Well, I tried to follow this explanation and apply it to my indicator but I didn't get any results.