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MetaQuotes stops developing MT4

mlawson71
Jan 20 2017 at 11:04
1487 posts
And they’re continuing to update and develop MT5, this time the android version of it. (https://smnweekly.com/2017/01/19/mt5-adds-trade-filtering-sorting-options-for-android-platform/) MetaQuotes said on Thursday it the added chart filtering and trade sorting options to the mobile version of the MetaTrader 5 (MT5) trading platform for Android devices.

MQL BLUE (coders)
Jan 20 2017 at 11:52
31 posts

They will only updates - correct errors, but new updates will not be.

1-2 years we will have to change for MT5, also all strategies to rewrite the MT5.

Forex Programming since 10 years
Torsten (tormess)
Jan 20 2017 at 12:08
52 posts
kebayamwamba posted:
tormess posted:
kebayamwamba posted:
mt5 is horrible


So you prefer MT4 or another platform? What platforms did you use so far?


1.Horrible Order Processing

2.Execution Lag

3.Expensive

4. Metaquotes wants to control whole trading ecosystem from pre trade to post trade even clearing and liquidity provision and charge a penny each levels

They have become greedy and proud



I see, got your point! So what platform you are using instead?

Torsten (tormess)
Jan 20 2017 at 12:09
52 posts
coders posted:

They will only updates - correct errors, but new updates will not be.

1-2 years we will have to change for MT5, also all strategies to rewrite the MT5.


Why we need to do that? You think MT4 will not work at all then?

Duncan (holdend)
Jan 20 2017 at 14:54
41 posts
mlawson71 posted:
And they’re continuing to update and develop MT5, this time the android version of it. (https://smnweekly.com/2017/01/19/mt5-adds-trade-filtering-sorting-options-for-android-platform/) MetaQuotes said on Thursday it the added chart filtering and trade sorting options to the mobile version of the MetaTrader 5 (MT5) trading platform for Android devices.


Yeah, it's certain that they will focus on MT5 in the future. No doubt about it. Thanks for sharing the article!

growthera
Jan 20 2017 at 20:11
86 posts
I'm not worried about all the development going to MT5. I am worried about broker costs for MT4 going up, meaning they will eventually drop it and forcing everybody to use MT5. I spent a large amount of time programming my EA's and tools in MT4, and really don't want to rework all that for MT5.

Charles_F
Jan 25 2017 at 15:52
38 posts
growthera posted:
I'm not worried about all the development going to MT5. I am worried about broker costs for MT4 going up, meaning they will eventually drop it and forcing everybody to use MT5. I spent a large amount of time programming my EA's and tools in MT4, and really don't want to rework all that for MT5.


Yes, this will be sad for you but how will you react when it happens? Will you eventually switch to MT5 or leave MetaQuotes and focus on other platforms?

Charles_F
Jan 25 2017 at 15:52
38 posts
coders posted:
1-2 years we will have to change for MT5, also all strategies to rewrite the MT5.


I guess this is going to be the case...

growthera
Jan 25 2017 at 16:56
86 posts
as to my reaction to that is that I have not decided yet, I am currently looking at zorro and ninjatrader. I much prefer ninjatrader for programming and testing, but am concerned about the lack of fx brokers supporting it.
In short, I have not decided yet.

josephwong
Jan 26 2017 at 08:43
15 posts
this company will force us to use mt5

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