Topic: Import MT Indicators and Experts in FSB Pro
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.
- Popov
- Lead Developer
- Offline
Re: Import MT Indicators and Experts in FSB Pro
The MetaTrader indicators and Expert Advisor are written in the MQL language. It is a proprietary language of MetaQuotes - the company that develops MetaTrader.
The MQL language is closed source and is understood only by the MetaTrader Editor.
Even if it is theoretically possible to create a third-party MQL parser and compiler, it would be costly without feasible benefits.
The MQL indicators and experts are designed to work in MetaTrader only. They are not suitable for FSB Pro and EA Studio.
Even more, the MT indicators only produce arrays of values. They don't have logical rules for trading purposes.
> I see many people asking about that.
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.
Re: Import MT Indicators and Experts in FSB Pro
jetaro wrote:
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.
Another couple of reasons why it's not possible:
1. Every Custom indicator comes with its own set of settings -- some are important for computations and others are simply cosmetic. How could FSB Pro know which ones to optimize for and which to ignore?
2. Every Custom indicator has its own logic for generating signals -- e.g. threshold, crossings, # bars, etc. A Custom indicator displays a signal by drawing a marking on an MT4/MT5 chart. 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.