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	<title type="html"><![CDATA[Forex Software — Import MT Indicators and Experts in FSB Pro]]></title>
	<link rel="self" href="https://forexsb.com/forum/feed/atom/topic/9200/" />
	<updated>2022-08-15T11:14:27Z</updated>
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	<id>https://forexsb.com/forum/topic/9200/import-mt-indicators-and-experts-in-fsb-pro/</id>
		<entry>
			<title type="html"><![CDATA[Re: Import MT Indicators and Experts in FSB Pro]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/70392/#p70392" />
			<content type="html"><![CDATA[<div class="quotebox"><cite>jetaro wrote:</cite><blockquote><p>hi Popov, do you think you will ever add the functionality of importing mql4/5 indicators and EAs? I see many people asking about that.</p></blockquote></div><p>Another couple of reasons why it&#039;s not possible:</p><p>1. Every Custom indicator comes with its own set of settings -- some are important for computations and others are simply cosmetic.&nbsp; How could FSB Pro know which ones to optimize for and which to ignore?</p><p>2. Every Custom indicator has its own logic for generating signals -- e.g. threshold, crossings, # bars, etc.&nbsp; A Custom indicator displays a signal by drawing a marking on an MT4/MT5 chart.&nbsp; Since FSB Pro does not have access to an MT4/MT5 chart then it has no way of using signals from MT4/MT5 Custom indicators.</p>]]></content>
			<author>
				<name><![CDATA[sleytus]]></name>
				<uri>https://forexsb.com/forum/user/9721/</uri>
			</author>
			<updated>2022-08-15T11:14:27Z</updated>
			<id>https://forexsb.com/forum/post/70392/#p70392</id>
		</entry>
		<entry>
			<title type="html"><![CDATA[Re: Import MT Indicators and Experts in FSB Pro]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/70390/#p70390" />
			<content type="html"><![CDATA[<p>The MetaTrader indicators and Expert Advisor are written in the MQL language. It is a proprietary language of MetaQuotes - the company that develops MetaTrader. </p><p>The MQL language is closed source and is understood only by the MetaTrader Editor.</p><p>Even if it is theoretically possible to create a third-party MQL parser and compiler, it would be costly without feasible benefits.</p><p>The MQL indicators and experts are designed to work in MetaTrader only. They are not suitable for FSB Pro and EA Studio.<br />Even more, the MT indicators only produce arrays of values. They don&#039;t have logical rules for trading purposes.</p><p>&gt; I see many people asking about that.</p><p>Probably the same people ask MetaQuotes why MetaTrader does not provide a Strategy Generator. I suppose MetaQuotes answers that MetaTrader is designed to allow programmers to write indicators in a specialised MQL language.</p>]]></content>
			<author>
				<name><![CDATA[Popov]]></name>
				<uri>https://forexsb.com/forum/user/2/</uri>
			</author>
			<updated>2022-08-15T10:05:04Z</updated>
			<id>https://forexsb.com/forum/post/70390/#p70390</id>
		</entry>
		<entry>
			<title type="html"><![CDATA[Import MT Indicators and Experts in FSB Pro]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/70377/#p70377" />
			<content type="html"><![CDATA[<p>hi Popov, do you think you will ever add the functionality of importing mql4/5 indicators and EAs? I see many people asking about that.</p>]]></content>
			<author>
				<name><![CDATA[jetaro]]></name>
				<uri>https://forexsb.com/forum/user/9581/</uri>
			</author>
			<updated>2022-08-15T01:58:45Z</updated>
			<id>https://forexsb.com/forum/post/70377/#p70377</id>
		</entry>
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