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Posted

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....

He who can, does. He who cannot, teaches.
Guest jaet1989
Posted

Re: Metatrader 5 Available

 

Finally, the brokers can cheat us with ease =))

  • 2 weeks later...
Posted

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...

Posted

Re: Metatrader 5 Available

 

  Tick4x said:
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

  • 3 weeks later...
Posted

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.

  • 2 weeks later...
  • 4 weeks later...
Posted

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 :D

  • 1 month later...
  • 4 weeks later...
Posted

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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