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vontogr (togr)
Aug 06 2019 at 11:14
4862 príspevkov
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.

Michael (SNF_Complex)
Aug 07 2019 at 21:43
216 príspevkov
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.
Rohtas
Aug 08 2019 at 11:52
10 príspevkov
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

vontogr (togr)
Aug 08 2019 at 12:09
4862 príspevkov
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

Forget about mt4, development is being abandonded by crapware metaquotes company

Adribaasmet
Aug 27 2019 at 14:49
985 príspevkov
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!

Idowu
Aug 28 2019 at 10:00
11 príspevkov
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

vontogr (togr)
Aug 28 2019 at 10:01
4862 príspevkov
Idowu posted:
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

Yes but I think they would push mt5 by force instead

vontogr (togr)
Aug 28 2019 at 13:38
4862 príspevkov
Vanquish posted:
there's free resources (EA's and Indicators) for both at iMetaTrade


There are much more resources for mt4 compared to mt5

AmDiab
Aug 28 2019 at 16:07
718 príspevkov
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!

Amber_0302
Oct 07 2020 at 06:44
54 príspevkov
MT5 is just a advanced version of MT4 with more features.

Ezereombre
Oct 26 2020 at 07:07
27 príspevkov
Being a Forex trader, I only use MT4. It’s really good in terms of its simplicity and flexibility.

UweMoench
Oct 27 2020 at 13:31
737 príspevkov
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.

vontogr (togr)
Oct 27 2020 at 13:48
4862 príspevkov
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

Visser01
Oct 28 2020 at 05:48
15 príspevkov
lovefortrading (perryjohn765)
Oct 28 2020 at 07:48
238 príspevkov
I prefer trading MT4 over MT5, as I am more comfortable and find it user friendly.

vontogr (togr)
Oct 28 2020 at 10:41
4862 príspevkov
Lorencecolling
Nov 05 2020 at 10:53
49 príspevkov
I agree that MT4 is the best trading platform to trade forex. Whichever forex broker I use, it is only MT4 that I download.

AmDiab
Nov 05 2020 at 11:43
718 príspevkov
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.

Martingupttil
Nov 06 2020 at 11:30
38 príspevkov
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.

Josuvaphilip
Nov 19 2020 at 05:46
27 príspevkov
I think MT4 is more useful for Forex traders in comparison to MT5. It is easy to customize and the only difference I see between the two is the number of instruments.

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