MT4 are older technology than MT5 but this meta trader version have more indicator than MT5.beside that in MT4 a trading strategy like hedging are allowed then like in MT5 that hedging trading strategy are not allowed.
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MT4 are older technology than MT5 but this meta trader version have more indicator than MT5.beside that in MT4 a trading strategy like hedging are allowed then like in MT5 that hedging trading strategy are not allowed.
I think mt5 have all that my friend, concerning the indicator.. mt4 is an previous platform numerous programmer is developed ea and indicator for it. Mt5 continues to be underneath development therefore not strange if the indicator still underneath development too. i'm positive if the mt5 is launch for general use, are going to be heap of indicator we will realize in web for mt5 platform.
I think mt5 have everything my friend, the indicator ... MT4 is an old platform so many programmer is developed and Others indicator for it. Mt5 is still under development therefore not strange if the indicator is still under development too. I do not know if the launch mt5 for general use, will be a lot of indicator, we can find in internet platform for mt5.
it is good & nice
---------- Post added at 05:23 PM ---------- Previous post was at 05:21 PM ----------
hi? the good post like you?
mt5 jyada complex samjh main aata hai main mt4 trading platform ka hi use karta hoon , ye jyada aasan aur user friendly hai .
Thanks for opening up this topic about MT programs:-
Well I am using MT4 program rather than MT5 for my trade in Forex.
According to my opinion and experience, MT4 program is more popular than MT5 because it has been used for many years by many people and got good reviews by many successful traders.
The advantages of MT4 Interface Program over MT5 Interface program in Forex:-
1. It is absolutely free and easy to install in the pc.
2. It is user friendly and you can test many strategies and techniques that you use during trade to check if you earn any profits.
3. It is easy for a forex trader to handle all the orders, trades, problems during trading, plans, products etc.
4. It has indicators that allow you to understand that you have got good profit with that strategies during trading.
Campared with MT5 platform,I still enjoy MT4 platform during I trade in forex so much.So I do not think MT5 will be more popular than MT4.Because most traders will benefit of MT4 platform so much there.You see,we can draw the trend line as we wish on our MT4 platform.They can trade with the indicator that they love so much.So I think MT4 will be the most popular one.
I don't think that MT5, being an upgraded version, has any disadvantages over its lower version which is MT4. Almost all the flexibilities of MT4 is incorporated in MT5. Additionally, MT5 is more stable, offers more flexibility in programming, provides much more options on chart time frames and so on.
I think the major advantage of MT4 is its huge user base and availability with most brokers, we like to use the product which many others are using and mt4 is in advantageous position compare to mt5