Adavantage And Disadvantage Of MT5
1 - In metatrader 5 hedging is disabled. this is worst pat of metatrader 5 because hedging is the great risk management approach not to mention that since most liquidity providers do allow hedging positions it is it is expected to spread to go up when hedging is disabled
2- All expert advisors and custom indicator and custom indicator written with MQL4 for MT4 have to be coded again with MQL 5 to be used with meta trader 5
3- Mt5 is a highly flexible and reliable trading platform that gives expect traders as well as beginners ability to trade efficiently and clearly.
4- Security and encryption has been enhanced
5- 4 Execution types market instant request and exchange
6- 5 Order types as compared to 4 ones in the previous version.possibility to place 8 types of postponed or pending orders, these are buy limit, buy stop, sell limit, sell stop, buy stop limit, sell stop limit , stop loss and take profit
7- 38 Built-in technical indicator and many MQL indicator
8- MT5 offers the possibility to choose among 21time periods on the chart. investors could benefit from a technical analsis that is much more accurate and kept to a minimum un terms of time period
9- MT5 has an optimized "Strategy Tester" which allows better testing of expert system and a more detailed presentation of the result
10- Another innovation that meta trader 5 provides is" Market Depth ". This module enabes each invertor to examine, in depth, the quotations of the respective securites - volume of securities offered at a given price.
11- The module for instant trading "one click trading " which is an innovation to the " Market Watch " windows enables the client to open a position with a single click of the mouse. The quotationa are in the form of the active buttons, such as buy-sell and among them there is a menu to select the volumes of transcation.
