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Mt5 vs Mt4
Nov 19 at 10:25
Membro Desde Feb 12, 2016
125 posts
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
Membro Desde Nov 19, 2024
42 posts
@bardachok Nice. I
make a lot using Mt5, Very easy
make a lot using Mt5, Very easy
Membro Desde Oct 28, 2024
31 posts
Nov 23 at 06:20
Membro Desde Oct 28, 2024
31 posts
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.
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
Membro Desde Nov 19, 2024
42 posts
@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
Membro Desde Oct 28, 2024
31 posts
HarrisonStrategy posted:Do you get different results with the same strategy in MetaTrader 4 and 5?
@TradeWizards I make more than triple using Mt5 compared to what I use to make on mt4
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
Membro Desde Nov 19, 2024
42 posts
TradeWizards posted: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.HarrisonStrategy posted:Do you get different results with the same strategy in MetaTrader 4 and 5?
@TradeWizards I make more than triple using Mt5 compared to what I use to make on mt4
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.
Membro Desde Mar 02, 2015
197 posts
Nov 27 at 05:44
Membro Desde May 07, 2022
42 posts
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.
Nov 28 at 17:45
Membro Desde Nov 23, 2024
6 posts
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.
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
Membro Desde Nov 19, 2024
42 posts
essencejo posted:Good
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.
Nov 29 at 09:59
Membro Desde Nov 03, 2020
75 posts
essencejo posted:Have you tried acttrader with fxview? I find it much better as compared to mt4, mt5.
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 May 08, 2023
93 posts
Dec 07 at 13:48
Membro Desde Feb 12, 2016
125 posts
TradeWizards posted: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.HarrisonStrategy posted:Do you get different results with the same strategy in MetaTrader 4 and 5?
@TradeWizards I make more than triple using Mt5 compared to what I use to make on mt4
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.
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