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MetaQuotes stops developing MT4
Členem od Jun 15, 2015
49 příspěvků
Dec 01, 2016 at 11:05
Členem od Jun 15, 2015
49 příspěvků
kebayamwamba posted:
mt5 is horrible
So you prefer MT4 or another platform? What platforms did you use so far?
Členem od Sep 16, 2009
112 příspěvků
Dec 01, 2016 at 11:12
Členem od Sep 16, 2009
112 příspěvků
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
can the pursuit of wealth be automated?
Členem od Mar 02, 2013
229 příspěvků
Dec 01, 2016 at 11:36
Členem od Mar 02, 2013
229 příspěvků
Expensive???
isn´t it for free?
isn´t it for free?
The differenece between who your are and who you would like to be be is what you do
Členem od Nov 14, 2015
315 příspěvků
Dec 01, 2016 at 11:54
(Upravené Dec 01, 2016 at 11:54)
Členem od Nov 14, 2015
315 příspěvků
ricki72 posted:
Expensive???
isn´t it for free?
Certainly not for the brokers...
Členem od Sep 16, 2009
112 příspěvků
Dec 01, 2016 at 12:13
Členem od Sep 16, 2009
112 příspěvků
stian posted:ricki72 posted:
Expensive???
isn´t it for free?
Certainly not for the brokers...
its very expensive for brokers ...and metaquotes charges for so many other things...basically it wants to make brokers a slave to them
metaquotes should focus on MT6 and listen to traders
can the pursuit of wealth be automated?
Členem od Sep 16, 2009
112 příspěvků
Dec 01, 2016 at 12:16
Členem od Sep 16, 2009
112 příspěvků
MT5 will allow metaquotes to charge for every trade on their platform
they have become greedy... the features on mt5 can be put on mt4 but metaquotes wants to control everyone and everything
they have become greedy... the features on mt5 can be put on mt4 but metaquotes wants to control everyone and everything
can the pursuit of wealth be automated?
Členem od Sep 16, 2009
112 příspěvků
Dec 01, 2016 at 12:19
Členem od Sep 16, 2009
112 příspěvků
MT5 does not have huge technologies that cannot be added to mt4
they want SaS model and charge brokers and traders to use it
their arrogance is shocking
they want SaS model and charge brokers and traders to use it
their arrogance is shocking
can the pursuit of wealth be automated?
Členem od Mar 02, 2013
229 příspěvků
Dec 01, 2016 at 12:19
Členem od Mar 02, 2013
229 příspěvků
This is bad... what about concurrence?
The differenece between who your are and who you would like to be be is what you do
Členem od Sep 16, 2009
112 příspěvků
Dec 01, 2016 at 12:23
Členem od Sep 16, 2009
112 příspěvků
ricki72 posted:
This is bad... what about concurrence?
(Zulutrade?)
Metaquotes will kill all systems and copier platforms built on MQL
remember 2014 they shut down so many companies
Zulu developing their own platform
can the pursuit of wealth be automated?
Členem od Dec 11, 2015
1462 příspěvků
Dec 05, 2016 at 11:59
Členem od Dec 11, 2015
1462 příspěvků
They just added another update to Metatrader 5 concerning identification protection (https://smnweekly.com/2016/12/02/mt5-trading-platform-introduces-two-factor-protection/). They are really going forward with the plan for now. I am so used to MT4, I have no idea what I would move on if it stopped working.
Členem od Feb 22, 2011
4573 příspěvků
Dec 05, 2016 at 12:49
Členem od Feb 22, 2011
4573 příspěvků
ricki72 posted:
This is bad... what about concurrence?
competition?
ctrader
Členem od Aug 10, 2015
44 příspěvků
Dec 07, 2016 at 16:02
Členem od Aug 10, 2015
44 příspěvků
After all I think we will survive even if MT4 stops existing at all 😄 I will spend more time on checking and learning MT5 in the near future to be ready to move to the next level once needed.
Členem od Dec 09, 2016
15 příspěvků
Dec 11, 2016 at 07:13
Členem od Dec 09, 2016
15 příspěvků
NO more updates for MT4. That sucks. I can't be bothered to convert all my EA to MT5 and learn everything again.
Členem od Oct 08, 2015
35 příspěvků
Dec 14, 2016 at 07:16
Členem od Oct 08, 2015
35 příspěvků
TeaFX posted:
I can't be bothered to convert all my EA to MT5 and learn everything again.
But maybe it is a quick fix as explained earlier in this discussion? If I understood correctly, it is a matter of updating some definitions in the code, but I cannot say for sure.
Trading is like football - if you don't practice you can't win the game!
Členem od Jun 03, 2014
51 příspěvků
Dec 15, 2016 at 17:15
Členem od Jun 03, 2014
51 příspěvků
mlawson71 posted:
Metaquotes have announced that they will no longer update MT4 as they focus on MT5. (http://www.forexbrokerz.com/news/mt4-stops-developing-mt4). MT4 continues to be the preferred choice of most traders, despite the numerous improvements being made to the MT5 lately, especially the adding of the hedging option.
I have no desire to move to MT5. I don't like it, I don't find it to be as reliable or as intuitive as MT4.
MT4 is excellent for trading. MT5 is excellent for information, but it limits the trading a bit.
Many are still referring to MT4
Členem od Jun 03, 2014
51 příspěvků
Dec 15, 2016 at 17:18
Členem od Jun 03, 2014
51 příspěvků
TeaFX posted:
NO more updates for MT4. That sucks. I can't be bothered to convert all my EA to MT5 and learn everything again.
Well, those adjustments and changes will have to be necessary with the improvements that are being made.
Členem od Mar 25, 2015
70 příspěvků
Dec 16, 2016 at 09:13
Členem od Mar 25, 2015
70 příspěvků
mitchel14 posted:
MT4 is excellent for trading. MT5 is excellent for information, but it limits the trading a bit.
How does it limit the trading? Do mean you cannot trade some instruments or maybe not that many indicators are there?
Členem od Sep 16, 2009
112 příspěvků
Dec 16, 2016 at 09:22
Členem od Sep 16, 2009
112 příspěvků
NEEnah posted:mitchel14 posted:
MT4 is excellent for trading. MT5 is excellent for information, but it limits the trading a bit.
How does it limit the trading? Do mean you cannot trade some instruments or maybe not that many indicators are there?
MT5 is very slow compared to MT4 in terms of placing and processing of orders esp market orders
can the pursuit of wealth be automated?
Členem od Jun 03, 2014
51 příspěvků
Dec 16, 2016 at 19:10
Členem od Jun 03, 2014
51 příspěvků
kebayamwamba posted:NEEnah posted:mitchel14 posted:
MT4 is excellent for trading. MT5 is excellent for information, but it limits the trading a bit.
How does it limit the trading? Do mean you cannot trade some instruments or maybe not that many indicators are there?
MT5 is very slow compared to MT4 in terms of placing and processing of orders esp market orders
Exactly!
Členem od Mar 14, 2016
40 příspěvků
Dec 18, 2016 at 07:56
Členem od Mar 14, 2016
40 příspěvků
kebayamwamba posted:NEEnah posted:mitchel14 posted:
MT4 is excellent for trading. MT5 is excellent for information, but it limits the trading a bit.
How does it limit the trading? Do mean you cannot trade some instruments or maybe not that many indicators are there?
MT5 is very slow compared to MT4 in terms of placing and processing of orders esp market orders
Do you think such latency can be caused by the broker's server location compared to the trader's location? Or maybe bad Internet connection? Or you compared both platforms simultaneously with the same broker?

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