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Thread: What are the changes in MT5 compared with MT4?

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    Member abdogames is an unknown quantity at this point abdogames's Avatar
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    Post What are the changes in MT5 compared with MT4?

    What are the changes in MT5 compared with MT4?

    1.Traders can download other MT4 indicators to their MT4 trading platform; there are thirty-eight internal indicators in MT5.

    2.MT5 is available for different markets (Forex, options, futures and stocks, etc), MT4 contains fewer products,for example, stock cannot be traded on MT4.

    3.Metatrader4 Language (MQL4) will not be compatible with MetaTrader 5 (MQL5). The lack of language compatibility is a pity to MT4 clients, as their custom indicators and EAs (.mq4 and .ex4 files) wont work with MT5 platform; and need to be rewritten. But working with MQL5 will be easier: there will be more data types, structures, classes; and itll be easier to transfer C++ source codes into MQL5, as a result, the execution speed of Expert Advisors will increase.

    4.With MAM, MT4 can multiple forex trading accounts; MT5 can help manage multiple accounts.

    5.MT4 platforms support continuous zooming; MT5 has four Zoom modes.

    6.To meet Forex industry standards, MT5 traders will be able to keep only one position of any single trading instrument/currency pair. Therefore, hedging at this point is eliminated and so is the separate management of two different in time orders on the same currency pair.

    In conclusion, no trading platform is 100% perfect. Both MT5 and MT4 have its advantages and limits. The best forex trading platform is always the one that meets your needs.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member 3etman is an unknown quantity at this point 3etman's Avatar
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    for me i think the stoppage of the hedging in the MT5 is a very bad for a lot of investors , this would involve the exit of many of us if hedging have been stopped in the markets.
    I think hedging is an absolute right for investors, as long as the brokers collect their commissions upon trades, and it would be left at the end for demand and supply forces

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member ladoali is on a distinguished road ladoali's Avatar
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    HER trder janta ha haka mt4 ka plateform online trade ma mostly trder use is lea karty ha ka is ma to kio b error nai ha ya old virsion ha
    lakn mt5 software jo ha wo new techonolgy ha ya ab new update hove ha lakn is ma error bohat ha .mt5 sa best mt4 ha.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Member zainshehzad is an unknown quantity at this point zainshehzad's Avatar
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    Ny brother har trder janta ha haka mt4 ka plateform online trade ma mostly trder use is lea karty ha ka is ma to kio b error nai ha ya old virsion ha
    lakn mt5 software jo ha wo new techonolgy ha ya ab new update hove ha lakn is ma error bohat ha .mt5 sa best mt4 hai mera to yehi khyal hai ...

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member cempetrader is on a distinguished road cempetrader's Avatar
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    why indicators, scripts and EA do not work on MT5???
    yeah maybe the right answer because the output format of programer already different ..
    and there are differences in the writing program writing though not too different ..

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Member vallen is on a distinguished road vallen's Avatar
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    very little difference in MT4 host can open a position with a lot, but in MT5 only be 1 only if we open a position at the same time the pair will be joined into one,
    if we open on another new pair will look the other open position it

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Banned muna1982 is on a distinguished road muna1982's Avatar
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    the main difference for which it is mt5 is the last fith digit that give us very small amount of profit calculation than to mt4 where the digit after decimal is only four. so some point in 1.2723 in mt4 but in mt5 there are another fraction of the last digit so we can get the benefit of 1.27234 or like that. keep in mind that in mt4 1 point in 10 in mt5 platform. so we have to take every decision like that.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member MohammadZahidIqbal is an unknown quantity at this point MohammadZahidIqbal's Avatar
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    there are many new features in the mt5 software. some tools are include in the mt5 platform. it has also stop execution. but it has errors. but in the mt4 platform there is no much errors.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Member bloch.bhai is on a distinguished road bloch.bhai's Avatar
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    meta trader 5 is new and updated version meta trader 5.but it is very difficult in use compared meta trader 4.that's why mostly traders like to work with mt4.because it is very easy to use.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  16. #10
    Senior Member sumerach has a reputation beyond repute sumerach has a reputation beyond repute sumerach has a reputation beyond repute sumerach has a reputation beyond repute sumerach has a reputation beyond repute sumerach has a reputation beyond repute sumerach has a reputation beyond repute sumerach has a reputation beyond repute sumerach has a reputation beyond repute sumerach has a reputation beyond repute sumerach has a reputation beyond repute sumerach's Avatar
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    I think the metatrader 4 is the most Favorite because it is easy to use and you can easily access the different options and you can find explanation anywhere on the net because it is used by most experts as well as the beginner trader because it supports the ability to open an account Demo and try stradegies trading,

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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