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Metatrader 5 Available

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  • Metatrader 5 Available

    you can play with it now:

    http://metatrader5.blogspot.com/

  • #2
    Re: Metatrader 5 Available

    Doesn't seem any better than MT4.
    Maybe it looks better than MT4 but no difference on indicators as far as I've seen
    Not really a big progress but wth....

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    • #3
      Re: Metatrader 5 Available

      Finally, the brokers can cheat us with ease

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      • #4
        Re: Metatrader 5 Available

        for me, the best part is being able to change the time frames..... 2min chart ........8 hour chart...ect...

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        • #5
          Re: Metatrader 5 Available

          Anybody have tried all the Indicators from Metatrader.4 in this newest MT.5 ? It is still working ?

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          • #6
            Re: Metatrader 5 Available

            Of course NOT working :o

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            • #7
              Re: Metatrader 5 Available

              As far as I know, one of the biggest disadvantages of MT5 that it is not backward compatible with MT4. So this is good for programmers: all the custom indicators and EAs need to be rewritten sooner or later...

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              • #8
                Re: Metatrader 5 Available

                Originally posted by Tick4x
                As far as I know, one of the biggest disadvantages of MT5 that it is not backward compatible with MT4. So this is good for programmers: all the custom indicators and EAs need to be rewritten sooner or later...

                that is correct sir, all EA's/ indis etc will need to be recoded for MT5 meaning most of us wont be upgrading for a while, i doubt brokers are going to enforce MT5 for sometime yet so it wont be an issue i hope. and the good robot creators will update fairly quickly to enable MT5 support.


                hopefully its a smooth transition like installing windows... wait what :o :o

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                • #9
                  Re: Metatrader 5 Available

                  ------------------------

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                  • #10
                    Re: Metatrader 5 Available

                    Awesome news. Glad to know that it's on it's way. It will be available for full scale release by January 2010 or December of this year.

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                    • #11
                      Re: Metatrader 5 Available

                      will have to learning coding & programming

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                      • #12
                        Re: Metatrader 5 Available

                        The big advantage of MT5 is the support of multicore-CPUs for backtesting/optimizing.
                        The biggest disadvantages is that MT5 is not backward compatible.

                        I need some times to understand the positionsmanagement
                        But now there is all clear

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                        • #13
                          Re: Metatrader 5 Available

                          Anyone know the smallest timeframe MT5 offers? Is it still 1 min?

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                          • #14
                            Re: Metatrader 5 Available

                            Originally posted by miket
                            Anyone know the smallest timeframe MT5 offers? Is it still 1 min?
                            yes, it is 1 min, no tick chart in MT5.

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                            • #15
                              Re: Metatrader 5 Available

                              If one is not making any money in Forex trading, one can consider lease out its spare CPU cores for others to perform back testing. Read this:

                              MetaQuotes will also launch a service on the MQL5 community website where computer power for remote agents will be sold. Everyone will be able to sell it, for example, you can sell your quad core cpu power from 1 to 6 AM. You can also buy the computer power direct form the MQL5 website. For it's services, MetaQuotes will take a small fee from the money which go to the seller.

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