What it means
MQL5 powers custom tools and automation on MetaTrader 5 and is more modern than MQL4 in several respects.
What to watch
Even similar indicator ideas may require different structure and handling in MQL5 than in MQL4 or other platforms.
Glossary
MQL5
The MetaTrader 5 programming language for indicators, scripts, and automated systems.
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Exponential VWAP
Uses exponential weighting to create a faster volume-weighted reference than standard session VWAP, which can help fair value react sooner during intraday shifts.
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Moving Average Trend Ribbon
Plots fast, medium, and slow EMA lines so short-term trend alignment or compression is easier to read.
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