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Thread: New Features in MT5

  1. #1
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    New Features in MT5

    probably not many who do not know the features in MetaTrader 5, as most traders are still using MetaTrader 4, the following are some of the new features of the MetaTrader 5.
    First you can run on the MT5 forex, futures and stock.
    The second change that is useful to the watch market in the stock market and the types of orders that have been flexible, the more unique MT5 has 28 timeframe, many not. that's all I know about this MT5.

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  2. #201
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    first thing you have talk about frame is that professional trading can only be done on long term chart like d1 week 1 and monthly 1 and more over all are use less and second if mt5 have stock and future that is good but future is already in the mt4 how ever stock is unavailable that is good about mt5 :)

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  3. #202
    Trader Doge's Avatar
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    That thing in MT4 is not futures, it is CFD. It is made to mostly resemble the price of the real thing, except it is the broker that covers the trade, meaning both good and bad things (it will be more expensive if you trade the same volume as a full futures contract, however the broker can offer very small fractions of that volume, thus effectively bringing futures markets to sub-100 dollars accounts).

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  4. #203
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    Meta trader 5 have many new features that are not available on meta trader 4 platform. You can use six type of pending orders on it and when you are open your new trades on same pair in which you are open earlier trade then your lot size is add in previous trade and its does not open a new separate trade. That is reason I like this platform a lot and trade with it.

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  5. #204
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    as far as i know features and interface arent the main reason that people are still using the mt4 and still prefer it,the main reason is that people have became familiar with the mt4 so they dont wanna change it as it will affect the working and working style of the user. Mt5 have also many features that are much good then the mt4 features but as i said earlier the features arent the main reason.

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  6. #205
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    Yeah its amazing that to use more time frames in trading and we can use easily every time frame that we want to use in trading. Meta trader 5 is not best platform of this business and if traders want to earn big profit on forex they must focus on their learning which is give them easy success on this market and make possible for traders to earn daily basis some big profit on this business.

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  7. #206
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    Ok but am not a stock exchange trader, I focus only on the forex market, so that's what matters to me, stock traders will find the mt5 platform more useful compare to mt4 because they can watch the stock exchange market too in mt5 directly without going to the official website of stock, but for a forex trader he use the platform because he want to take advantage of the new forex features that are added in this terminal.

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  8. #207
    Trader Doge's Avatar
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    For manual trading MT5 is not really much ahead of MT4. And still way behind major trading platforms (NinjaTrader for example). It does have more timeframes, but it lacks sub-minute ones. It does have independent window charts, but those don't quite work with main window's toolbars.
    What is the real improvement is the IDE and the tester. Native support for .Net and OpenCL makes it possible to integrate MT5 with much other software and build complex project like never before. Multithreaded tester plus cloud makes it possible to run lengthy test in no time. 64-bit address makes way for HUGE arrays, strings especially, making it possible to download and parse a lot of data without writing and reading files.
    The saddest things is newbies don't see these things and go for the MT4 retro hype. And sooner or later it does impact their trading and development.

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    Wow. Much Forex. So Monies. Very Opportunity.Many Trade. So Amazed. Wow.

  9. #208
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    MT5 is a good platform and the trader can trade with it and make good money from the market, the trader maybe able to use it with his good features for trading and so the trader can be able to have good tools in it that help him to make easier trading that will improve trading always and make it more profitable for the trader always.

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  10. #209
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    These aspects have been designed and programmed with current MT5 and have immediate feedback compared to MT5. However, the MT5 you want to add to is not likely to be associated with Mt5. Developers have made it for about 3 years since developers have launched mt5 but mt5 has doubts about the advanced functions of coders and back them back to seek compatibility with their indicators.

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  11. #210
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    Yeah some features would be differ in both platform's. I am using mt4 in current time and I am satisfy with mt. but I have used mt5 too server is much fast in mt5 and market execution is also good. mt5 is not a good platform for those who want to do hedging in their trading account, hedqing is not possible in mt5 terminal.

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