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Your opinion about MT5

Moderators: mntiwana, mrtools

Your MT5 experience so far

Better than mt4 (No votes)
Worse than mt4
Total votes: 15 (83%)
Same as mt4
Total votes: 3 (17%)
Total votes: 18

Re: Your opinion about MT5

#41
I agree with above, just to add something :)
The banks traded not only FX futures, but they have also traded on spot market, cash market, loan cash market (not under leverage at all) and this is also affecting the FX pricing. This is also real time FX price and the fastest available connectivity to use real FX pricing could be achieved via FIX-API with the liquidity aggregator in the hub. Years ago, I had to help taking some measures to analyze and to cut such connectivity's .... due to request of the banks - the real banks that they were not be able to protect themselves from post news traders. On later stage, a "last look" has been applied - but still this appears to be a market price.
CFDs pricing - this is discussion that requires another beer :)
Some brokers (I will not quote them now) receives pricing from Shi-X, Nasdaq Basic and other free exchanges delivering the data with slight delay - but still fast enough offering DMA on CFDs on equities (not talking for indices) :)


Re: Your opinion about MT5

#42
Its gone be for a while testing MT5. for advantages the better execution rate could be mentioned. also more diversified time frames makes it more convenient.

but for the disadvantages : the data consumption of MT5 is really huge. as you check the data folder you'll find that it easily reaches to Gigs. it make the performance of system to be on a hard situation for not enough room remain on drive "C". by comparing the data consumption MT5 data folder reaches Gigs while on a same condition MT4 data folder reachs to 50 to 100 Meg.

Re: Your opinion about MT5

#43
navid110 wrote:
Fri Oct 26, 2018 9:53 pm
it make the performance of system to be on a hard situation for not enough room remain on drive "C".
yikes............... your post caught my eye & make me worry about mt5
im so happy with mt4 as it is & dont wanna have to change to mt5...................... may i know does mt5 allow hedge? i hear some talk that u cannot hedge on mt5 wtf :wtf:

Re: Your opinion about MT5

#44
moey_dw wrote:
Fri Oct 26, 2018 11:43 pm
navid110 wrote:
Fri Oct 26, 2018 9:53 pm
it make the performance of system to be on a hard situation for not enough room remain on drive "C".
yikes............... your post caught my eye & make me worry about mt5
im so happy with mt4 as it is & dont wanna have to change to mt5...................... may i know does mt5 allow hedge? i hear some talk that u cannot hedge on mt5 wtf :wtf:
Some years ago it was impossible to hedge but now its not a problem anymore . but data consumption is a critical one for you can not install metatrader on other drives but drive C

Re: Your opinion about MT5

#45
navid110 wrote:
Sat Oct 27, 2018 2:31 am
moey_dw wrote:
Fri Oct 26, 2018 11:43 pm

yikes............... your post caught my eye & make me worry about mt5
im so happy with mt4 as it is & dont wanna have to change to mt5...................... may i know does mt5 allow hedge? i hear some talk that u cannot hedge on mt5 wtf :wtf:
Some years ago it was impossible to hedge but now its not a problem anymore . but data consumption is a critical one for you can not install metatrader on other drives but drive C
That is not true

1. You can install MT5 wherever you want, there is no restriction at all
2. I have no issue whatsoever with MT5 data consumption - and I am working each and every day in MT5. The data they are keeping is tick data (that why why the difference) and I doubt that tick data can occupy less space. With a 1T flash that can be bought for a couple of $ these days - in a need, that can be a solution too


Re: Your opinion about MT5

#46
mladen wrote:
Sat Oct 27, 2018 6:13 am
navid110 wrote:
Sat Oct 27, 2018 2:31 am


Some years ago it was impossible to hedge but now its not a problem anymore . but data consumption is a critical one for you can not install metatrader on other drives but drive C
That is not true

1. You can install MT5 wherever you want, there is no restriction at all
2. I have no issue whatsoever with MT5 data consumption - and I am working each and every day in MT5. The data they are keeping is tick data (that why why the difference) and I doubt that tick data can occupy less space. With a 1T flash that can be bought for a couple of $ these days - in a need, that can be a solution too
Why aren't you so active here any more, mladen. Aren't you one of the chefs and founders of forex-station?

Last mt4 version 1090 was published 2 years ago and all bug reports after that were ignored. Now no new mt4 servers can be bought by the brokers any more.

Does anybody know more, if metaquotes really stops traders to use their flagship mt4 in near future? Most systems still rely on mt4, why not on mt5?

Re: Your opinion about MT5

#47
friend4you wrote:
Wed Nov 21, 2018 9:29 pm
Why aren't you so active here any more, mladen. Aren't you one of the chefs and founders of forex-station?

Last mt4 version 1090 was published 2 years ago and all bug reports after that were ignored. Now no new mt4 servers can be bought by the brokers any more.

Does anybody know more, if metaquotes really stops traders to use their flagship mt4 in near future? Most systems still rely on mt4, why not on mt5?
No, they don't stop MT4 in near future. Brokers bought a license for using MT4, not MT4. There are no new licenses available, so new small brokers share the license with another broker. There will be no update, except you see MT5 as MT4.1 and rewrite or let rewrite your mq4-files if you use some.

Re: Your opinion about MT5

#48
friend4you wrote:
Wed Nov 21, 2018 9:29 pm
mladen wrote:
Sat Oct 27, 2018 6:13 am


That is not true

1. You can install MT5 wherever you want, there is no restriction at all
2. I have no issue whatsoever with MT5 data consumption - and I am working each and every day in MT5. The data they are keeping is tick data (that why why the difference) and I doubt that tick data can occupy less space. With a 1T flash that can be bought for a couple of $ these days - in a need, that can be a solution too
Why aren't you so active here any more, mladen. Aren't you one of the chefs and founders of forex-station?

Last mt4 version 1090 was published 2 years ago and all bug reports after that were ignored. Now no new mt4 servers can be bought by the brokers any more.

Does anybody know more, if metaquotes really stops traders to use their flagship mt4 in near future? Most systems still rely on mt4, why not on mt5?
Last build of mt4 is 1147 (see the date of it)
example.png
Hence I do not see any issue per moment (neither with MT4 nor with MT5)

questions to one of the former fs-chiefs

#49
mladen wrote:
Sat Nov 24, 2018 8:30 am
friend4you wrote:
Wed Nov 21, 2018 9:29 pm

Last mt4 version 1090 was published 2 years ago and all bug reports after that were ignored. Now no new mt4 servers can be bought by the brokers any more.

Does anybody know more, if metaquotes really stops traders to use their flagship mt4 in near future? Most systems still rely on mt4, why not on mt5?
Last build of mt4 is 1147 (see the date of it)
example.png
Hence I do not see any issue per moment (neither with MT4 nor with MT5)
Thanks, I use the Windows like Linux Manjaro over one year. Our user Xard told us that it is better and I totally agree and never regret leaving windows 10, which prefers to become more and more slower and data-collecting, so that we buy a new pc soon.
But on fast systems like Linux and Mac Windows programs work on Wine (scripts that pretend to be Windows without speed reduction as Windows simulators) and we never get mt4 or mt5 updates automatically. How does metaquotes react on such problems? Do you work for them now?

Why aren't you so active here any more since months, mladen? Aren't you one of the chefs and founders of forex-station?
Please: these are just questions of one of the first users that joint and posted mainly on forex-station.
See also the questions on your creation here:
viewtopic.php?p=1295383453#p1295383453

Re: questions to one of the former fs-chiefs

#50
friend4you wrote:
Fri Dec 14, 2018 10:53 pm
mladen wrote:
Sat Nov 24, 2018 8:30 am


Last build of mt4 is 1147 (see the date of it)
example.png
Hence I do not see any issue per moment (neither with MT4 nor with MT5)
Thanks, I use the Windows like Linux Manjaro over one year. Our user Xard told us that it is better and I totally agree and never regret leaving windows 10, which prefers to become more and more slower and data-collecting, so that we buy a new pc soon.
But on fast systems like Linux and Mac Windows programs work on Wine (scripts that pretend to be Windows without speed reduction as Windows simulators) and we never get mt4 or mt5 updates automatically. How does metaquotes react on such problems? Do you work for them now?

Why aren't you so active here any more since months, mladen? Aren't you one of the chefs and founders of forex-station?
Please: these are just questions of one of the first users that joint and posted mainly on forex-station.
See also the questions on your creation here:
viewtopic.php?p=1295383453#p1295383453
I ever had a dual-boot for Linux Mint 8 Helena and Win7. I fell instantly in love with Helena. Good looking, smart and funny (older Helena users still know the deer in the terminal - something like Clippy/Karl Klammer, but in cool). A virtual machine? I ran one in Win7 for Helena :D I would appreciate MT4/5 or cTrader in Linux, but there is no hope. Yes, you could emulate it with Wine or whatever, but I never made the step. A remote-PC do it as well.

Every 2-3 years you should reinstall your windows. Then it is "fast and clean" again, waht Windows users understand under "fast and clean".



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