It looks like from what I've read that Metatrader 5 is not backward compatible with Metatrader 4 which will effectively wipe out your indicators and systems in Metatrader 4. From what I hear most/all NFA brokers are likely to switch to Metatrader 5 because of the new NFA rules regarding hedging. I'm hoping some brokers / nonNFA brokers won't switch but most of the top Forex brokers in US are registered with the NFA that use Metatrader 4 so this will be a big blow to the small traders. I don't know about you but I have several yrs of collecting and having indicators modified not to mention indicators that I've paid for that will be useless when MT5 is released and opted by the NFA brokers. So far these brokers are expected to switch to
Alpari
Broco
FxOpen
Gallant FX
Tadawul FX
Tradeview Forex
ODL Markets
and a whole slew registered with the NFA are expected to follow.
It's obviously not a plus to have a new system come out that is not back-ward compatible with one that was proven.
Alpari
Broco
FxOpen
Gallant FX
Tadawul FX
Tradeview Forex
ODL Markets
and a whole slew registered with the NFA are expected to follow.
It's obviously not a plus to have a new system come out that is not back-ward compatible with one that was proven.
Before Forex I was tall, and clean shaven. Now I am an Ewok.