Mt5 vs Mt4

Nov 19 at 10:08
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25 Replies
forex_trader_3929664
Membro Desde Nov 19, 2024   42 posts
Nov 19 at 10:08
Which do you prefer from both?
I prefer Mt5 even though I started with mt4.
Mt5 makes me much more profits with ease than mt4, I have no words to explain this, but mt5 is the best
Membro Desde Feb 12, 2016   125 posts
Nov 19 at 10:25
MT5 is definitely more advanced, metatrader developers definitely took into account requests from traders and introduced some important features especially python support which enables us to write EAs at ease which I do constantly trading with HFM.
forex_trader_3929664
Membro Desde Nov 19, 2024   42 posts
Nov 19 at 10:56
@bardachok Nice. I
make a lot using Mt5, Very easy
Membro Desde Aug 28, 2024   56 posts
Nov 20 at 09:32
I also prefer MT5—it’s faster, and works better with trading tools like telegramsignalcopier making trades & signals easier to handle.
All in for Success
forex_trader_3929664
Membro Desde Nov 19, 2024   42 posts
Nov 20 at 13:00
You are right
forex_trader_3929664
Membro Desde Nov 19, 2024   42 posts
Nov 22 at 07:07
Mt5 is giving out great profits compare to mt4.
Membro Desde Oct 28, 2024   31 posts
Nov 23 at 06:20
Dear friend, I work with both platforms. Making a profit is related to your strategy first and secondly to the account type and the speed of your broker's servers.
In Meta5, the speed and types of accounts and spreads are less, so it may work better.
But Meta4 is simpler and easier to work with.
For programmers like our team who write strategies, there is no difference and a strategy has similar results on both platforms. Only in real accounts, the account type (ECN & ECN_pro ) must be selected and the broker server ping must be paid attention to.
I hope you are always profitable.
Together, we can unlock endless opportunities and achieve your desired results.
forex_trader_3929664
Membro Desde Nov 19, 2024   42 posts
Nov 24 at 08:08
@TradeWizards I make more than triple using Mt5 compared to what I use to make on mt4
Membro Desde Oct 28, 2024   31 posts
Nov 25 at 06:20
HarrisonStrategy posted:
@TradeWizards I make more than triple using Mt5 compared to what I use to make on mt4
Do you get different results with the same strategy in MetaTrader 4 and 5?
This amount of difference is very surprising to me. Because the difference between the two platforms is only in the servers and users and the charts are not fundamentally different.
Of course I agree that MetaTrader 5 is better and more dynamic.
Together, we can unlock endless opportunities and achieve your desired results.
forex_trader_3929664
Membro Desde Nov 19, 2024   42 posts
Nov 25 at 07:09
TradeWizards posted:
HarrisonStrategy posted:
@TradeWizards I make more than triple using Mt5 compared to what I use to make on mt4
Do you get different results with the same strategy in MetaTrader 4 and 5?
This amount of difference is very surprising to me. Because the difference between the two platforms is only in the servers and users and the charts are not fundamentally different.
Of course I agree that MetaTrader 5 is better and more dynamic.
Same strategy, but mt5 gives you more diversity. So I make way more especially closing all trades once in split seconds. On mt4, I have to use special tools for that. Alright my clients now are on Mt5 and the differences is huge.
Membro Desde Mar 02, 2015   197 posts
Nov 25 at 07:34
Trading System on MT4 - there is a large arsenal of indicators - and trading on MT5 - works faster)
*Не следует множить сущее без необходимости ** «Бритва Оккама»
forex_trader_3929664
Membro Desde Nov 19, 2024   42 posts
Nov 25 at 11:15
optinskijj posted:
Trading System on MT4 - there is a large arsenal of indicators - and trading on MT5 - works faster)
I have customized indicators, so Mt5 gives me best profits.
Membro Desde May 07, 2022   42 posts
Nov 27 at 05:44
I started with MT4, but after testing out MT5(fxview), I realized it had a lot more charting tools that fit my style better. So, I switched to MT5, and it's been working great for me. But it’s all about what works best for you, so I’d recommend testing both platforms to see which one feels right for your trading approach.
Membro Desde Nov 23, 2024   6 posts
Nov 28 at 17:45
The MT4 vs. MT5 debate is largely overblown, especially for manual traders. While MT5 offers perks like the MQL5 language and multi-threaded tools for coders, these are irrelevant to most traders. Both platforms deliver identical functionality for charting, execution, and analysis.

The added extras in MT5, like more timeframes and strategy testing, are nice but far from essential for success. SAME STRATEGY, SAME MINDSET, BUT STILL, CLAIMS OF PEOPLE DOUBLING OR TRIPLING PROFITS AFTER SWITCHING TO MT5 FROM MT4 HONESTLY CRACK ME UP. Profitability comes from strategy and discipline, not a platform. For most, MT4 remains more than sufficient. Additionally, MT4 has a slight advantage because there are a huge number of free/premium indicators, EAs, and trading systems available for MT4 compared to MT5.

Consistency isn’t luck, it’s mastery
forex_trader_3929664
Membro Desde Nov 19, 2024   42 posts
Nov 29 at 04:54
essencejo posted:
I started with MT4, but after testing out MT5(fxview), I realized it had a lot more charting tools that fit my style better. So, I switched to MT5, and it's been working great for me. But it’s all about what works best for you, so I’d recommend testing both platforms to see which one feels right for your trading approach.
Good
Membro Desde Nov 03, 2020   75 posts
Nov 29 at 09:59
essencejo posted:
I started with MT4, but after testing out MT5(fxview), I realized it had a lot more charting tools that fit my style better. So, I switched to MT5, and it's been working great for me. But it’s all about what works best for you, so I’d recommend testing both platforms to see which one feels right for your trading approach.
Have you tried acttrader with fxview? I find it much better as compared to mt4, mt5.
Membro Desde May 08, 2023   93 posts
Dec 01 at 09:26
MT5 is the better one for sure, much more pleasing to the eye and user friendly, though they are generally the same.
Membro Desde Feb 12, 2016   125 posts
Dec 03 at 21:01
If a trading strategy works well on MT4, I don't see the point in switching to MT5, as unnecessary unforeseen problems may arise. As for beginners, it's better for them to start directly with MT5.
Membro Desde Oct 16, 2024   15 posts
Dec 06 at 10:51
I like both, but I prefer MT5 as they are much more advanced and much easier to access.
Membro Desde Feb 12, 2016   125 posts
Dec 07 at 13:48
TradeWizards posted:
HarrisonStrategy posted:
@TradeWizards I make more than triple using Mt5 compared to what I use to make on mt4
Do you get different results with the same strategy in MetaTrader 4 and 5?
This amount of difference is very surprising to me. Because the difference between the two platforms is only in the servers and users and the charts are not fundamentally different.
Of course I agree that MetaTrader 5 is better and more dynamic.
Frankly I didn't know that MT5 works faster I thought they are the same, since it depends on the broker and their liquidity providers.
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