The charting functionality is essential for any trading platform and needs thorough investigation prior to
MT4 and MT5 Trading Platform Development. The charts are created using live data feed which gets ticks from liquidity providers; these ticks are further processed and shown in the form of candlestick, bar or line by the platform's graphics engine.
Both MT4 and MT5 rely on MQL scripting language in order to conduct calculations of indicators, changing time frames and storing historical data, thus developer has to work closely with data structures providing tick history instantly. In server-side, the platform synchronizes data in case of opening several charts at once, and in client side - the process of zooming and viewing several time frames takes place, and data consistency is provided no matter how many instruments are viewed at once.
In simple mt4 application development, the charting functionality interacts with custom indicators, expert advisors and drawing objects through event-driven architecture of the terminal. Bidbits operates on the basis of such an architecture paying much attention to the connections between backend data pipelines and frontend rendering.
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