MetaQuotes stops developing MT4
Mitglied seit Sep 16, 2009
116 Posts
Dec 01, 2016 at 11:12
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?
Mitglied seit Sep 16, 2009
116 Posts
Dec 01, 2016 at 12:13
stian posted:ricki72 posted:Certainly not for the brokers...
Expensive???
isn´t it for free?
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?
Mitglied seit Sep 16, 2009
116 Posts
Dec 01, 2016 at 12:16
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?
Mitglied seit Sep 16, 2009
116 Posts
Dec 01, 2016 at 12:19
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?
Mitglied seit Sep 16, 2009
116 Posts
Dec 01, 2016 at 12:23
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?
Mitglied seit Dec 11, 2015
1487 Posts
Dec 05, 2016 at 11:59
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.
Mitglied seit Feb 22, 2011
4862 Posts
Dec 05, 2016 at 12:49
ricki72 posted:competition?
This is bad... what about concurrence?
ctrader
Mitglied seit Oct 08, 2015
35 Posts
Dec 14, 2016 at 07:16
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!
Dec 15, 2016 at 17:15
mlawson71 posted:
Metaquotes have announced that they will no longer update MT4 as they focus on MT5. (https://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
Mitglied seit Sep 16, 2009
116 Posts
Dec 16, 2016 at 09:22
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?
Dec 16, 2016 at 19:10
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!
Dec 18, 2016 at 07:56
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?
