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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
Yeah, I was told that it will probably be release as a "stand alone" application like the editor. Something to do with the NFA, but not 100% sure about that...
Hi Xard777,
I really like your indicator, I checked this thread to see if there were more information but it appears not.
There are some things unclear, maybe I am missing something on my MT5 installation:
1. I don't see the MACD's signal line
2. I don't see the MACD's color change, it's always gray.
I have also 2 questions:
is it possible to have more explanation how to use it best?
Wuold it be more clear to have arrows on entry points?
I see that you are testing the MT5 quite thoroughly.
One question that I have about MT5 that you could probably answer (without the need me downloading the MT5):
A very bad thing about MT4 was that is did not recognize the close of a bar or the time of your pc.
That was leading to a lot of slipage if one traded with a system that was working on close of bar. Because it needed to wait till a new tick of the next bar came in. If one was trading a trend following system then most of the time that new tick was a worse price then the price of the close of the bar.
Does MT5 recongize now the end of bar without the need of having a new tick that comes in for the next bar ?....Meaning can one give MT5 a setting (like Metastock Professional) that it needs to look to time (of your pc) to make a closing of a bar and open a new bar without the need that the bid and ask price need to change ?...
Friendly regards....iGoR
__________________
Success comes with knowledge. Knowledge comes with experience. Experience comes with time and hard work... (iGoR) MT Intelligence - Stats for fxigor1
The closest that can be done is through one new capability they added (timer) but it can not be used from indicators, for example, and its minimal resolution is 1 second. If you disregard the limitations, it can actually be quite a useful addition and adds some new possibilities to EAs coding and with some extra work, the things you have in mind can be done
In metatrader 4 you could achieve something similar with endless loop within init section, but it was not so flexible (it had some serious problems when parameters change was required, for example, you could not re-enter the endless loop it originally was in). So, with timer you can get all the values even if there is no signal (I guess it is the closest to what you have in mind)
_____________________________
Some other things are on the other hand unpleasant surprises but will talk about them in some other occasion (still hoping that someone will realize that those changes are plain nonsense - if they do not change the things I have in mind, than I will talk about those issues (and those issues have nothing to do at all with hedging or orders management, but with plain and simple indicators usage)).
regards
mladen
Quote:
Originally Posted by iGoR
Hi Mladen and others,
I see that you are testing the MT5 quite thoroughly.
One question that I have about MT5 that you could probably answer (without the need me downloading the MT5):
A very bad thing about MT4 was that is did not recognize the close of a bar or the time of your pc.
That was leading to a lot of slipage if one traded with a system that was working on close of bar. Because it needed to wait till a new tick of the next bar came in. If one was trading a trend following system then most of the time that new tick was a worse price then the price of the close of the bar.
Does MT5 recongize now the end of bar without the need of having a new tick that comes in for the next bar ?....Meaning can one give MT5 a setting (like Metastock Professional) that it needs to look to time (of your pc) to make a closing of a bar and open a new bar without the need that the bid and ask price need to change ?...
Dear Mladen, is it possible to make contact with you on private. I have no privilage for private message. Do you have some mail for communication.
Lijep pozdrav!
Quote:
Originally Posted by mladen
iGoR,
Sorry, there is nothing of a sort
The closest that can be done is through one new capability they added (timer) but it can not be used from indicators, for example, and its minimal resolution is 1 second. If you disregard the limitations, it can actually be quite a useful addition and adds some new possibilities to EAs coding and with some extra work, the things you have in mind can be done
In metatrader 4 you could achieve something similar with endless loop within init section, but it was not so flexible (it had some serious problems when parameters change was required, for example, you could not re-enter the endless loop it originally was in). So, with timer you can get all the values even if there is no signal (I guess it is the closest to what you have in mind)
_____________________________
Some other things are on the other hand unpleasant surprises but will talk about them in some other occasion (still hoping that someone will realize that those changes are plain nonsense - if they do not change the things I have in mind, than I will talk about those issues (and those issues have nothing to do at all with hedging or orders management, but with plain and simple indicators usage)).
mt5
Linear Mode
