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Do you use MT4 or MT5?

Tenity (ctr1984)
Oct 16 2022 at 01:28
2 комментариев
Seb King (sebking1986)
Oct 17 2022 at 09:23
538 комментариев
MT4 because it is simple and easy to use.
If you can't spot the liquidity then you are the liquidity.
Oct 17 2022 at 11:05
74 комментариев
Oh I like MT4. I learned to trade on this platform, and continue to trade so far. That's why I chose MT4 lol. Although I heard a lot of good reviews about MT5. But I haven't tried it myself. I can't say anything about it.
Danny Gilbert (Whitethroat)
Oct 18 2022 at 22:10
24 комментариев
I don't think MT5 makes sense.
Suradi (FXOday)
Oct 18 2022 at 23:29
431 комментариев
Now I still use the MT4 trading platform, but I am also trying to use the Ticktrader terminal platform. This terminal platform is offered by an FXOpen broker that offers one account to access all CFD markets,.
Wallace (wallace900402)
Oct 19 2022 at 06:53
3 комментариев
I use MT4 because it is more reliable. MT5 crashes on me from time to time.
Oct 19 2022 at 08:21
29 комментариев
Oct 19 2022 at 13:28
61 комментариев
I trade using the MT4 since I mostly trade with currency pairs. The MT4 is a much more suitable platform, even for scalping, and the server is more stable.
Tenity (ctr1984)
Oct 20 2022 at 22:58
2 комментариев
ctr1984 posted:
Do you use MT4 or MT5? And why?
I use MT5, one reason is it has more choices of timeframe than MT4, like H2, H3, H6, H8, H12.
Oct 21 2022 at 07:18
2 комментариев
Oct 21 2022 at 08:28
301 комментариев
from my first day of trading i have been using MT4 that is really comfortable to use.
Oct 21 2022 at 14:35
702 комментариев
Well, I have tried both MT4 and MT5 thoroughly for last 5 to 6 years and so I can give a much better explanation about advantages and disadvantages.

Originally, obviously I started with MT4 only and I still continue and prefer to use MT4 over MT5 after using for 15 years or more.

The primary reason for choosing MT5 over MT4 was because it has many inbuild libraries and functions which are useful for machine learning algos and it has better options for training, optimization, testing, has multiple timeframes etc. Also, MT5 is better to connect with external platforms and you can hire sever resources for training. So basically, MT5 is for advanced traders who are mainly focused on backtesting, optimization, machine learning algos etc.

The biggest disadvantage of MT5 is that the programming language MQL5 is completely different from MQL4 and there is no shortcut to convert the code from MT4 to MT5 even though some basic libraries are available.

So still I use MT4 only for machine learning algos also without using MT5 since I can write anything and train in my own server quickly. But in MT5, writing code is difficult for simple concepts as well as I also quickly realized that any such algos which can run in MT5 and not on MT4 are just theoretical concepts and actually they don't make profit or can't make profit practically due to lack of computing power as a whole and so there is no use of MT5 and advanced algos which can only run in MT5.

In short, if anything which MT5 can do, then MT4 can also most likely do with little more efforts from the trader or programmer and so I still like to stick with MT4 only.
HeavenLeighGill (HeavLeighGill26)
Oct 21 2022 at 15:49
401 комментариев
MT4 for me. Always liked it better, just the look and feel of it, plus I picked a broker that offers MT4 so it all worked out.
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