MetaQuotes stops developing MT4

Nov 16, 2016 at 10:13
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164 Replies
Участник с Dec 11, 2015   1487 комментариев
Nov 16, 2016 at 10:13
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.
Участник с Nov 21, 2011   1718 комментариев
Nov 16, 2016 at 12:19
As long as MT4 is running this way and tons of EA's created and running on MT4 can keep running as it is.

Well it's fine for us ^^

Участник с Nov 14, 2015   325 комментариев
Nov 16, 2016 at 15:33 (отредактировано Nov 16, 2016 at 15:34)
As execution is worse, and broker support is lacking. Ctrader is much prefered to MT5. And unless they make a compatibility layer for MT5 to run MT4 EAs, MT5 will have a hard time getting any dominant market share.

There haven't been any meaningful upgrades to MT4 lately anyway.
Участник с Feb 12, 2016   427 комментариев
Nov 16, 2016 at 15:50
I don’t think that is really a smart move. We all know that MT4 is used from a lot more users than MT5. Maybe Metaquotes are willing to upgrade MT5 and make it more popular. But the truth is that MT4 is way better at this moment and most of the traders won’t stop using it. Let us all hope that they will still support MT4 in order the platform to work properly.
Accept the loss as experience
Участник с Oct 05, 2016   12 комментариев
Nov 18, 2016 at 09:11
Thank you a lot for this information. Sorry, I got so much used to MT4, also MT5 looks similar with it in many aspects
Участник с May 11, 2011   235 комментариев
Nov 18, 2016 at 10:05
In a sense I am pleased, with the last updates it feels like they were heading into a bloatware situation with MT4.

I just hope that they listen to traders on MT5 development (haven't used it in years, so not sure of current status), but things like undockable windows for multi-screens, custom time frames, more order types (like OCO), built in risk management options etc. have been requested by the community for years and have fallen on deaf ears... I'm hopeful MT5 will bridge that gap in future.
For every loss there should be at least an equal and opposite profit.
Участник с Dec 11, 2015   1487 комментариев
Nov 18, 2016 at 10:32
I hope that's what happens, because MT5 could really stand some improvement before it takes MT4's place.
Участник с Sep 20, 2014   365 комментариев
Nov 19, 2016 at 03:33
Thank heavens I'm off that train. Ditched MT4 years ago, far to slow to be of practical use for me.
Участник с Aug 10, 2015   49 комментариев
Nov 20, 2016 at 08:07
I think that there should be a long term legacy support for MT4 as well. I am afraid that some custom indicators I am used to may not work on MT5. Will need to follow this closely as I use only MT4 now.
Участник с Jan 25, 2016   38 комментариев
Nov 22, 2016 at 14:43
theHand posted:
Thank heavens I'm off that train. Ditched MT4 years ago, far to slow to be of practical use for me.

What platform do you use? How much faster is it compared to MT4?
Участник с Jan 25, 2016   38 комментариев
Nov 22, 2016 at 14:44
stian posted:
As execution is worse, and broker support is lacking. Ctrader is much prefered to MT5. And unless they make a compatibility layer for MT5 to run MT4 EAs, MT5 will have a hard time getting any dominant market share.

There haven't been any meaningful upgrades to MT4 lately anyway.

Completely agree - it would be a serious hit if we won't be able to use custom MT4 EAs and indicators on MT5 in case MT4 is no longer supported.
Участник с Mar 25, 2015   71 комментариев
Nov 23, 2016 at 08:32
In Russia the platforms of MetaQuotes are the most popular ones and personally I prefer MT4. But I guess sooner or later MT5 will prevail. Hopefully there will be legacy support for tools on MT4.
forex_trader_25447
Участник с Dec 21, 2010   131 комментариев
Nov 23, 2016 at 08:39
I expect that in next year (2017) will be next Championship 😱
Here is my performance on the last one : https://championship.mql5.com/2012/ru/users/IvanBG
Участник с Mar 25, 2015   71 комментариев
Nov 23, 2016 at 09:00
StoneHeart posted:
I expect that in next year (2017) will be next Championship 😱
Here is my performance on the last one : https://championship.mql5.com/2012/ru/users/IvanBG

Good luck and even better results next time! You can then share how it went 😄
Участник с Feb 12, 2016   522 комментариев
Nov 23, 2016 at 14:46
Ok guys metaquotes stops developing the MT4 , but that doesn’t mean it would stop supporting it, these are 2 different things. They will try to make the bridge to the MT5 but they would not ditch the MT4 just like that. The last update is 1010 there is nothing more to update, they have to move forward. The MT4 is already 10 Year old software which has been perfected all these years and it would be still used for the years to come and it will be supported, but I understand the developers point of view. They need to move on.
Участник с Oct 15, 2014   54 комментариев
Nov 23, 2016 at 17:59 (отредактировано Nov 23, 2016 at 18:00)
When I began my forex thing in 2013, I started with the mt5 - and trying to trade with mt4 after first learning the newer system, it just feels inferior to mt5. Seriously.
Especially the ea testing environment is far better on mt5.
Участник с Feb 22, 2011   4862 комментариев
Nov 24, 2016 at 07:26
BaldoN posted:
Ok guys metaquotes stops developing the MT4 , but that doesn’t mean it would stop supporting it, these are 2 different things. They will try to make the bridge to the MT5 but they would not ditch the MT4 just like that. The last update is 1010 there is nothing more to update, they have to move forward. The MT4 is already 10 Year old software which has been perfected all these years and it would be still used for the years to come and it will be supported, but I understand the developers point of view. They need to move on.

Metaquotes updates are crap. They made me a lot of troubles.
I am glad this is over
Участник с Oct 01, 2015   47 комментариев
Nov 24, 2016 at 11:05
togr posted:
Metaquotes updates are crap. They made me a lot of troubles.
I am glad this is over

This is probably not over but moved to MT5 😉 Do you use another platform already?
Участник с Feb 22, 2011   4862 комментариев
Nov 24, 2016 at 11:08
CliveCampbell posted:
togr posted:
Metaquotes updates are crap. They made me a lot of troubles.
I am glad this is over

This is probably not over but moved to MT5 😉 Do you use another platform already?

ctrader and other platforms
has its own bugs though
Участник с Nov 24, 2016   1 комментариев
Nov 24, 2016 at 12:53
MT4 is the best scam platform in existence.
it's made not for traders. it is made for brokers to manipulate prices.
I was at the exhibition for fx devs and saw that many developing companies offer program solutions to fnck up us, ordinary traders.
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