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MT4 or MT5 - is the question!

This is a discussion on MT4 or MT5 - is the question! within the General Discussion forums, part of the Trading Forum category; Newdigital, this is very valuable information. I will test them out - thank you. I hope there are links here ...

          
   
  1. #11
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    Newdigital, this is very valuable information. I will test them out - thank you. I hope there are links here on the best way to use them. Sometimes things are not clearly described on the download files.
    Any help will be much appreciated.
    Jozo

  2. #12
    Administrator newdigital's Avatar
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    You can also look at some video I am uploading to this thread Metatrader 5 Overview

  3. #13
    Administrator newdigital's Avatar
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    As far as I know - many traders are using Metatrader 5 for technical analysis, and metatrader 4 - for trading
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  4. #14
    Administrator newdigital's Avatar
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    MetaTrader 5 Platform Update Build 930: Books in MetaTrader Market

    MetaTrader 5 Platform Update Build 930: Books in MetaTrader Market

    MetaTrader 5 platform update is to be released on Friday, April 11, 2014. It will contain the following changes:
    Market: Another new product category has been added to MetaTrader AppStore following trading and financial magazines - Books. Now, you can purchase the works of well-known traders and analysts along with trading robots and indicators. The range of books is increasing daily.

    MT4 or MT5 - is the question!-1market1.png


    Just like MetaTrader 5 applications, books can be purchased at MQL5.community Market as well as directly via MetaTrader 5 terminal. All books are accompanied by descriptions and screenshots:

    MT4 or MT5 - is the question!-1market2.png
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  5. #15
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    Hi Newdigital,

    I notice many indicators state Build 600 and above, if the older indicators are still working, is there any reason to upgrade to the 600 version?

    Thanks

  6. #16
    Administrator newdigital's Avatar
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    if working so - not a problem.
    I think - Igorad knows what to upgrade
    Lerxst likes this.
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  7. #17
    Administrator newdigital's Avatar
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    How to Copy Trading from MetaTrader 5 to MetaTrader 4

    How to Copy Trading from MetaTrader 5 to MetaTrader 4

    MT4 or MT5 - is the question!-fig4__2.png


    Not so long ago, many traders believed MetaTrader 5 was a crude platform, unsuitable for real trading. But now, after a short time, the public opinion is wondering when the real trading will be available. Many traders have already appreciated the benefits implemented in MetaTrader 5. In addition, the Championship conducted by MetaQuotes Software Corp. increased interest of developers to the MQL5 language. And now this interesting wishes to be realized in the form of profiting from trading. The very question "When will the real trading be available?" is given to the wrong address. Its solution depends on the particular broker. It is they who make the final decision on the time of transition to the new platform.

    What can a lone trader do in this situation? The answer is obvious, you should use the opportunities of real trading provided by MetaTrader 4, as a transit for MetaTrader 5. I.e. write a copyist. Binding between two MetaTrader 4 is not an innovation on the Web. Now it's time to implement such a binding with MetaTrader 5.
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  8. #18
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    I like M4 more than its upgrade. One of the reasons for me is that Metatrader 4 allows me to lock the positions, while M5 doesn't. Maybe I just got used to it though, hehe (Fresh works with this platform).

  9. #19
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    I highly recommend MT4 because this platform has a web terminal now. I have tried to trade with it and found it very convenient. My broker FreshForex has launched this platform among the first. By the way, now it's offering a great nodeposit bonus $1000. It's a pity that I can't use it, coz I'm not a new client of the company, but if you don't have an account yet, this is great opportunity to test a broker.

  10. #20
    Senior Member mql5's Avatar
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    Meet the MetaTrader 5 with hedging

    Meet the MetaTrader 5 beta version with hedging and the new user guide

    MT4 or MT5 - is the question!-mt5_hedge__2.png


    MetaTrader 5 beta build 1281 featuring the hedging system has been released. Unlike the usual netting system, the hedging one allows conducting multiple trades even on opposite direction of the same symbol. Now, you can use the netting model to trade exchange instruments and the hedging one for currency trading using the MetaTrader 5 institutional platform.

    The new system of positions is similar to the widely known system applied in MetaTrader 4. However, MetaTrader 5 offers enhanced order management capabilities: filling orders using multiple deals, including partial fills. If a trader has an open position at a symbol and performs a new deal, a new position is opened. That is the core idea behind the MetaTrader 5 hedging system. The trader can set Stop Loss and Take Profit levels, as well as see the profit level for each of the positions.
    Metatrader 5 / Metatrader 4 for MQL5 / MQL4 articles preview preview
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