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For me, MT4 or MT5 will remain what it have always been, a free way to get nice free charts, with more indicators tools then on my broker of choice java platform. I don't even need to give it's name here. And now you can even play game on it! I know it's only to show the capabilities but who knows what's next! Until i find an ea that really work then only i would open a live metatrader account. But from what i have seen about server side broker capabilities to tamper with ea, i don't think that will happen soon. But it's funny how everybody seem to want to ignore this fact. Bucket shops will keep doing what they have always done but now only more subtle. Traders will always be suckers to them.
I agree, with one exception. I have been with MB for over two years and they are everything they say they are. I have no reason to doubt them over their effort to make MT4 work without all the bucket shop junk. They can hardly use the MT4 "rip the client off" settings when the client may be running their Nav app as well.
Some time ago someone asked for a "tape like" MACD (that the difference between MACD and Signal line should be plotted as a tape instead of plotting two separate lines) I answered him to wait for metatrader 5 since it will be very simple to make it then
Here it is. As simple as it gets
The MQL developer community has been quite negative about this latest release and for good reason, but its great to someone actually taking that first step and providing practical examples on which others can build.
Metaquotes should be working far more closely with sites like TSD, and the people who have indirectly made their platform the success it is. Someone needed to get the ball rolling and start getting stuff out there, and you are to be congratulated for being amongst the first to do so.
I agree, with one exception. I have been with MB for over two years and they are everything they say they are. I have no reason to doubt them over their effort to make MT4 work without all the bucket shop junk. They can hardly use the MT4 "rip the client off" settings when the client may be running their Nav app as well.
ECN like MB is the exception, it is my prefered too. I am still at Oanda, but next time i fund an account it will be with MB.
The only limitation is when you look in the colors tab where it shows only first 8 colors, but this limitation is understandable (colors displayed for the above picture)
Well, my only dream of MT5 was better portfolio backtester and optimizer. Now it seems that there will be no backtester at all. I really don't know how all these graphics features which I did not ask for can this be better product than MT4 for my purpose. It is simply worse as the bad backtester turned to be no backtester at all. Funny way of solving problems and keep customers happy.
Just wonder, is the lack of backtester a new NFA requirement?
__________________ Lot of pips in black.
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according to stingo (project leader and lead coder for metatrader platforms) backtester will be better than the old one (quote : "up to 20 times faster") Also, lenar did tell that this stage of beta testing is going to take at least 5-6 months.
As far as I see there are two problems that people are p...d off : the no hedge (people tend to forget that no-hedge must mean the whole account, not just one EA) and the fact that they "can not trade from the box" (recompile and run). The first (no hedge) can be argued about till the end of the world, and I am not going to) The second : metatrader as it is (version 4) really did need some (a lot) changes. I might not agree with the way it is done (tradestation code from 15 years ago still can work on the newest one too) but maybe the problems they had to solve called for so big a change (please, do not fall into an error that "the old is the best" when we were complaining to sky about the "old one" - lets see what are they going to make in the next couple of months)
As of "cosmetics" : I am testing if there are some "new" "old" limitations, and I am glad that they did not repeat them : among other things the question "does it repaint" should disappear, and that is one of the most annoying questions around in the last year or two. So at least for that (the disappearing of that question) I am really, really happy. And even I was complaining about 8 drawing buffer limitation which does not exist in this version
Quote:
Originally Posted by michal
Well, my only dream of MT5 was better portfolio backtester and optimizer. Now it seems that there will be no backtester at all. I really don't know how all these graphics features which I did not ask for can this be better product than MT4 for my purpose. It is simply worse as the bad backtester turned to be no backtester at all. Funny way of solving problems and keep customers happy.
Just wonder, is the lack of backtester a new NFA requirement?
Last edited by mladen; 10-19-2009 at 08:43 AM.
Reason: some tipos
I'm really disapointed with MT5.
Linear Mode
