Should i upgrade my EA to MT5

shanmugapradeep

Corporal
Messages
90
Hello,

I have an EA for MT4. Is there any advantage in algo trading with MetaTrader 5 instead of MetaTrader 4? Based on your advice, I will decide whether to convert my EA from MT4 to MT5. If there is no significant difference between MT4 and MT5, I will continue with MT4.
 
Hello,

I have an EA for MT4. Is there any advantage in algo trading with MetaTrader 5 instead of MetaTrader 4? Based on your advice, I will decide whether to convert my EA from MT4 to MT5. If there is no significant difference between MT4 and MT5, I will continue with MT4.
MT5 offers several advantages over MT4, including faster processing, more types of orders, access to market depth, a better strategy tester for EAs, and an advanced programming environment with MQL5. It supports more markets beyond Forex and CFDs.
 
MT5 has some some more advanced features like more indicators and tools, but I use MT4 and it works fine for me. So, I don't really see a huge difference between them for what I need.
 
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