MT4 or MT5
Uczestnik z Feb 22, 2011
4862 postów
Aug 06, 2019 at 11:14
Chikondi posted:
Why is backtesting poor on MT4? I have been using it for years to back test strategies and has worked fine. I get 99% accuracy with tickstory data. I only got 1 year of data when I tried backtesting on Mt5
Well yes but tickstory is not part of mt4 but
3rd party paid product.
Uczestnik z Jul 22, 2013
216 postów
Aug 07, 2019 at 21:43
togr posted:
MT4
+ many eas and indies and programming support available
+ easy to use
+ supported by many brokers
- poor backtesting capabilities
- poor multipair capabilities
mt5
+ great backtesting
+ advanced programming possibillities
- not so much brokers
- not so big programming support
- mt4 eas wont work in mt5
EA can work at mt5 from mt4 by bridge usign ....
also other problem CME-futeres trading work now in all world only at one broker - amp-futures & work not ideal ...
=====
SNF-Complex system - build in 2007 \ Tested from 1970.
Uczestnik z Feb 22, 2011
4862 postów
Aug 08, 2019 at 12:09
Rohtas posted:Forget about mt4, development is being abandonded by crapware metaquotes company
Anyone know if there are any plans for an MT6 or maybe MT4+ which has the features of MT5 but MT4 coding? It seems that most people still prefer MT4
Uczestnik z Aug 27, 2017
994 postów
Aug 27, 2019 at 14:49
Rohtas posted:
Anyone know if there are any plans for an MT6 or maybe MT4+ which has the features of MT5 but MT4 coding? It seems that most people still prefer MT4
Maybe in near future; but till now mt5 is struggling by comparing the popularity of mt4!
Uczestnik z Feb 22, 2011
4862 postów
Aug 28, 2019 at 10:01
Idowu posted:Yes but I think they would push mt5 by force instead
Metaquotes should just abandon MT5 and go back to updating MT4. They need to face reality that Mt5 has not been a success. Go back to what people like and use incremental updates over the years
Uczestnik z Feb 22, 2011
4862 postów
Aug 28, 2019 at 13:38
Vanquish posted:
there's free resources (EA's and Indicators) for both at iMetaTrade
There are much more resources for mt4 compared to mt5
Uczestnik z Apr 18, 2017
718 postów
Aug 28, 2019 at 16:07
Vanquish posted:
there's free resources (EA's and Indicators) for both at iMetaTrade
True; there have so many traders who are using the mt4 although they are trading based on automatic trading system!
Uczestnik z Mar 16, 2020
54 postów
Oct 07, 2020 at 06:44
MT5 is just a advanced version of MT4 with more features.
Uczestnik z Jul 01, 2020
27 postów
Oct 26, 2020 at 07:07
Being a Forex trader, I only use MT4. It’s really good in terms of its simplicity and flexibility.
Uczestnik z Jul 19, 2020
751 postów
Oct 27, 2020 at 13:31
I find MT4 very user more friendly. May be it is because I am accustomed to using MT4. But there are many who like MT5 as well. It's all about what you are comfort at.
Uczestnik z Feb 22, 2011
4862 postów
Oct 27, 2020 at 13:48
MT4
- easy to learn programming
- a lot of programs and code developed already
- huge base of brokers to select from
- sucks at backtesting
MT5
- not easy to learn programming, old MT4 code does not work in mt5
- not so much programs and code developed already
- not so many brokers to select from
- excel at backtesting
- easy to learn programming
- a lot of programs and code developed already
- huge base of brokers to select from
- sucks at backtesting
MT5
- not easy to learn programming, old MT4 code does not work in mt5
- not so much programs and code developed already
- not so many brokers to select from
- excel at backtesting
Uczestnik z Sep 12, 2017
238 postów
Oct 28, 2020 at 07:48
I prefer trading MT4 over MT5, as I am more comfortable and find it user friendly.
Uczestnik z Feb 22, 2011
4862 postów
Oct 28, 2020 at 10:41
Visser01 posted:THX
Good comparison @togr
Uczestnik z Oct 01, 2020
49 postów
Nov 05, 2020 at 10:53
I agree that MT4 is the best trading platform to trade forex. Whichever forex broker I use, it is only MT4 that I download.
Uczestnik z Apr 18, 2017
718 postów
Nov 05, 2020 at 11:43
from my first day of trading i have been using MT4 which is mainly considered as a best platforms for all kinds of traders above all who are beginners.
Uczestnik z Oct 12, 2020
38 postów
Nov 06, 2020 at 11:30
I have only used MT4 so far. I never felt the need of changing the platform. It’s so easy to customize it and execute trades.
Uczestnik z Nov 19, 2020
104 postów
Nov 19, 2020 at 06:38
Have been using MT4 so far, no mood of switching to other one as of now.
