Petition MetaQuotes to release MT4 w/Multi-Threaded Backtesting | Forex Factory

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Petition MetaQuotes to release MT4 w/Multi-Threaded Backtesting

  • #1
  • First Post: Mar 26, 2018 10:44am Mar 26, 2018 10:44am
I've started a petition here asking MetaQuotes to release an update for MT4 with Multi-Threaded backtesting and end the pain...
https://www.change.org/p/metaquotes-...ad-backtesting

Go sign and please share on other forums and social channels.
We've waited long enough...

cheers, drayzen
  • #2
  • Mar 26, 2018 11:31am Mar 26, 2018 11:31am
Quoting drayzen
I've started a petition here asking MetaQuotes to release an update for MT4 with Multi-Threaded backtesting and end the pain... https://www.change.org/p/metaquotes-...ad-backtesting Go sign and please share on other forums and social channels. We've waited long enough... cheers, drayzen
Mt4 is end of life. They will not update it anymore
Try don't lose pants never...
  • #3
  • Edited 5:30pm Mar 26, 2018 4:58pm | Edited 5:30pm
Yeah, I realise that. Being realistic, after so many years brokers just aren't transitioning so it makes them calling it EOL irrelevant.
I also read where someone contacted them directly to see if they could code him a copy with this feature and they said they would quote him. He also said that their discussion gave him the impression that they already had it.
So that makes me think if we can apply enough pressure they'll release it.

It's easy to be pessimistic in this situation, but it's not going to cost you anything to sign it so let's give it a go and see what happens...
  • #4
  • Mar 26, 2018 6:35pm Mar 26, 2018 6:35pm
Quoting drayzen
I've started a petition here asking MetaQuotes to release an update for MT4 with Multi-Threaded backtesting and end the pain... https://www.change.org/p/metaquotes-...ad-backtesting Go sign and please share on other forums and social channels. We've waited long enough... cheers, drayzen

They wont do nothing, what try to ask them. They think brokers are they client.

This tip will make your run's little bit faster.

Defragment your .fxt files and then make it read only. if its not in SSD.

I suggest using ninja trader or do your own backtest application, from fmlabs tools/api.
  • #5
  • Mar 26, 2018 11:31pm Mar 26, 2018 11:31pm
Quoting kk100
{quote} They wont do nothing, what try to ask them. They think brokers are they client. This tip will make your run's little bit faster. Defragment your .fxt files and then make it read only. if its not in SSD. I suggest using ninja trader or do your own backtest application, from fmlabs tools/api.
Hi kk100,
I'm aware of all the ways to optimize it, thread affinity etc., and we can branch of in to endless other discussions about how/what/why.
The fact remains that the vast majority of traders out there are stuck on MT4 with their broker and aren't technically skilled enough to do analysis coding.

I'm trying to ask them because I believe there's a significant number of their users that would appreciate and benefit from it.
Given it's been so long since the release of MT5 it's not like MetaQuotes can still claim this will hurt their MT4 > MT5 broker converision rate.

Why be a naysayer? What's to loose if everyone just signs the petition and we see what comes of it?
  • #6
  • Mar 26, 2018 11:45pm Mar 26, 2018 11:45pm
Quoting drayzen
I've started a petition here asking MetaQuotes to release an update for MT4 with Multi-Threaded backtesting and end the pain... https://www.change.org/p/metaquotes-...ad-backtesting Go sign and please share on other forums and social channels. We've waited long enough... cheers, drayzen
The ones that know what they're talking about inform that MetaQuotes doesn't really care about what traders themselves think. Their customers are the brokers... MetaQuotes has also stated they're no longer updating MT4 (implies the same about upgrades).
  • #7
  • Edited Mar 27, 2018 12:10am Mar 26, 2018 11:55pm | Edited Mar 27, 2018 12:10am
Quoting TGS
{quote} The ones that know what they're talking about inform that MetaQuotes doesn't really care about what traders themselves think. Their customers are the brokers... MetaQuotes has also stated they're no longer updating MT4 (implies the same about upgrades).
Hi TGS,
Yes, I know all the history and what they've said. Though when you have a critical mass of users on a product that's been tagged as EOL and the user base doesn't change the EOL status also changes. Just look at Micro$oft...

Looking at this list of brokers, there's x193 MT4 and only x18 MT5, so to think MT4 is going away any time soon seems a bit ridiculous.

I don't get why everyone is so negative, is it really that hard to just click on it?
  • #8
  • Edited 12:45pm Mar 27, 2018 12:51am | Edited 12:45pm
Metaquotes dont have a knowledge/skills/bother create a good tools for building strategies. I wont sign. Not want promote using they toys which ends disaster.

They EA backtest is joke, and make people creating bad stuff.
  • #9
  • Mar 27, 2018 2:46am Mar 27, 2018 2:46am
Quoting braintheboss
{quote} Mt4 is end of life. They will not update it anymore
okay, so I know nothing about coding or programming, so bear with me

would it be possible to create a similar program that would still use all the MT4 indicators available now?

Is there a period of copyright or some issues like that?

It would be great if many indicators could be programmed into a new version, eg. other time frames, market time lines

I realize, yes, that is what they are trying to do with MT5

And also the big step would be to get broker approval / usage....

I have tried other platforms, C-trader, Tradingview, in browser stuff, but just like MT4

Thanks
It takes a lot for me to IGNORE you, but you can try.
  • #10
  • Mar 27, 2018 2:50am Mar 27, 2018 2:50am
Quoting Erebus
{quote} okay, so I know nothing about coding or programming, so bear with me would it be possible to create a similar program that would still use all the MT4 indicators available now? Is there a period of copyright or some issues like that? It would be great if many indicators could be programmed into a new version, eg. other time frames, market time lines I realize, yes, that is what they are trying to do with MT5 And also the big step would be to get broker approval / usage.... I have tried other platforms, C-trader, Tradingview, in browser stuff,...
You can if you send mt4 indicators data to mt5. And you can use MT5 tools using your MT4 account too ( feed included). I have a bridge for that ( not finished yet)
Try don't lose pants never...
  • #11
  • Mar 27, 2018 2:59am Mar 27, 2018 2:59am
In my case i send all data ( feed, account, trades and pins). I only need finish UI. Capture shows server and client ( left and right)
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20180327_095801.jpg Size: 87 KB
Try don't lose pants never...
  • #12
  • Edited 2:20pm Mar 27, 2018 2:08pm | Edited 2:20pm
Quoting kk100
Metaquotes dont have a knowledge/skills/bother create a good tools for building strategies. I wont sign. Not want promote using they toys which ends disaster. They EA backtest is joke, and make people creating bad stuff.
Fully agree. Everybody: Do not support this company and their "software", for it is so full of ***; I simply cannot understand why people are pushing this garbage. Really can not. Must be people that do not really understand, how bad those stuff is (i.e non-programmers). Really, everything about this software is a joke. Not saying that there is other, much better software around, though. All similar software lack, in one way or other, mostly they apear to be designed with basic users in mind, not for automated or semi-automated trading. The tech in retail forex is a joke, or should I say ratail forex is a joke.
Return To Disorder
  • #13
  • Last Post: Edited 12:49am Mar 28, 2018 12:26am | Edited 12:49am
Quoting rockit
{quote} Fully agree. Everybody: Do not support this company and their "software", for it is so full of ***; I simply cannot understand why people are pushing this garbage. Really can not. Must be people that do not really understand, how bad those stuff is (i.e non-programmers). Really, everything about this software is a joke. Not saying that there is other, much better software around, though. All similar software lack, in one way or other, mostly they apear to be designed with basic users in mind, not for automated or semi-automated trading....
Looks like I should have made a petition asking MetaQuotes to go jump off a bridge? Might have been more popular...
So are you saying that even if I'm using Tick Data Suite and tick data from my broker the MT4 backtesting is still inacurate?
If MT4 is so bad, what are the best options for retail traders that can't code MQL? (Where there's third party logical generators to make EA's)
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