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MT4 End of life, timeline?

  • #1
  • First Post: Feb 9, 2022 5:43am Feb 9, 2022 5:43am
Does anyone have information about when MT4 will stop support and force to use MT5 ?
Slow but sure !!!
  • #2
  • Feb 9, 2022 7:49am Feb 9, 2022 7:49am
Quoting 10utdfx
Does anyone have information about when MT4 will stop support and force to use MT5 ?
Metaquote started more than 10 years ago telling MT4 will stop the next year or 2 ... Guess they have too much to loose to shut MT4 down.
MT4/MT5 EAs/Indicators/Alerts coder
  • #3
  • Feb 9, 2022 8:26am Feb 9, 2022 8:26am
Now more brokers have adopted MT5 than MT4 but still MT4 is prevailing among traders. There are simply too many legacy indicators and EAs coded for MT4 and people just cannot abandon them....

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Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #4
  • Feb 9, 2022 4:17pm Feb 9, 2022 4:17pm
Then along comes Trading View!
  • #5
  • Feb 9, 2022 10:50pm Feb 9, 2022 10:50pm
Could we not just have a bridge between both... MT4.0x and MT5.0y. First Rule of Business Failure is Giving the Customer what she does not want
  • #6
  • Feb 10, 2022 11:29pm Feb 10, 2022 11:29pm
Quoting pathumracled
Could we not just have a bridge between both... MT4.0x and MT5.0y. First Rule of Business Failure is Giving the Customer what she does not want
Metratrade needs to add a module that allows MT5 to use MT4 EA, indicator etc.
Slow but sure !!!
  • #7
  • Feb 10, 2022 11:53pm Feb 10, 2022 11:53pm
Quoting 10utdfx
{quote} Metratrade needs to add a module that allows MT5 to use MT4 EA, indicator etc.
You are absolutely right! What is the problem to use mt4 stuff in mt5? Just one little module and that's all.
Instead on this they are trying to move from mt4 to mt5 for 10+ years already and still failed.
Metaquotes are market killers. All the do is taking 30% fee from any freelance or any purchase from their market. Market of fake martingale EAs.
But their software is awful! Can't imagine that in 2022 it works only in windows. Can't imagine that mt5 can't show profit without fees!!!
They look like scammers
Observer effect
  • #8
  • Feb 11, 2022 7:07am Feb 11, 2022 7:07am
Quoting 10utdfx
{quote} Metratrade needs to add a module that allows MT5 to use MT4 EA, indicator etc.
It's not as simple as "adding a module". That's like thinking you can convert a cat into a bird by adding some wing modules.

MT4 is a single-threaded app, whereas MT5 is mult-threaded. Totally different architectures. If you aren't a software developer then that probably doesn't mean anything. For sure MetaQuotes should have made MT5 backward compatible with MT4 indicators and EAs-- only G-d knows why they didn't. Probably to save on maintenance -- i.e. having to maintain two different architectures in a single app.

I don't think MT4 is going away anytime soon. That "Best Choice" award is from MetaQuotes -- what are the odds it's a misleading announcement intended to prop up MT5?
  • #9
  • Feb 11, 2022 7:23am Feb 11, 2022 7:23am
Quoting ohitsyou
{quote} It's not as simple as "adding a module". That's like thinking you can convert a cat into a bird by adding some wing modules. MT4 is a single-threaded app, whereas MT5 is mult-threaded. Totally different architectures. If you aren't a software developer then that probably doesn't mean anything. For sure MetaQuotes should have made MT5 backward compatible with MT4 indicators and EAs-- only G-d knows why they didn't. Probably to save on maintenance -- i.e. having to maintain two different architectures in a single app. I don't think MT4 is...
At least, someone can make an EA (or some other applications) which can receive live tick data feed from MT5. In this way, we can continue to run no longer supported offline MT4 using MT5 live feed. In the end, all we need is tick data from our brokers, isn't it? For trading, we can manually trade using MT5 based on MT4 charting or use MT4-MT5 trade copiers for automation. I bet somebody will make it when MT4 is finally killed by Metaquotes.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #10
  • Feb 11, 2022 7:56am Feb 11, 2022 7:56am
Quoting heispark
{quote} At least, someone can make an EA (or some other applications) which can receive live tick data feed from MT5. In this way, we can continue to run no longer supported offline MT4 using MT5 live feed. In the end, all we need is tick data from our brokers, isn't it? For trading, we can manually trade using MT5 based on MT4 charting or use MT4-MT5 trade copiers for automation. I bet somebody will make it when MT4 is finally killed by Metaquotes.
I understand what you mean and maybe someone will create such an EA -- but that strikes me like scratching an itch on your left ear by reaching around the back of your head with your right arm. If it ever reached the point where MT4 went away I would bite the bullet and get on the MT5 bandwagon. I don't want to forever be fighting with my trading platform. Or, alternatively, switch to Trading View or some other platform that isn't MetaQuotes.
  • #11
  • Feb 11, 2022 9:55am Feb 11, 2022 9:55am
Quoting heispark
{quote} At least, someone can make an EA (or some other applications) which can receive live tick data feed from MT5. In this way, we can continue to run no longer supported offline MT4 using MT5 live feed. In the end, all we need is tick data from our brokers, isn't it? For trading, we can manually trade using MT5 based on MT4 charting or use MT4-MT5 trade copiers for automation. I bet somebody will make it when MT4 is finally killed by Metaquotes.
You always will have solutions while platform interest still alive. But after all MT5 improvements, its evident now they have a real gap for force traders move and kill MT4.

You only have see FF request last year. We never had this quantity of thread asking about MT5 stuff like now...
Try don't lose pants never...
  • #12
  • Feb 11, 2022 10:56am Feb 11, 2022 10:56am
Quoting ryuryu
{quote} All the do is taking 30% fee from any freelance or any purchase from their market. They look like scammers
You mean like apple does and every other business? They are a business, their goal is to make money. Just like when you buy retail, your paying for a markup. That doesn't mean every store is scamming you.

And i hate metatrader, left them years ago. Just saying.
  • #13
  • Feb 11, 2022 10:57am Feb 11, 2022 10:57am
Quoting braintheboss
{quote} You always will have solutions while platform interest still alive. But after all MT5 improvements, its evident now they have a real gap for force traders move and kill MT4. You only have see FF request last year. We never had this quantity of thread asking about MT5 stuff like now...
To be honest, if anyone is using an MT4 indicator and needs to move it to MT5, it doesn't cost that much to hire a freelancer to move it to MT5. IF you [Not you personally, but the readers of this] can't afford that then obviously the tool isn't very useful.
  • #14
  • Feb 11, 2022 1:05pm Feb 11, 2022 1:05pm
Quoting appletrader
{quote} You mean like apple does and every other business? They are a business, their goal is to make money. Just like when you buy retail, your paying for a markup. That doesn't mean every store is scamming you. And i hate metatrader, left them years ago. Just saying.
They are ruining forex market. With their behavior.
People are not stupid. They "feel" the shit.
Observer effect
  • #15
  • Feb 11, 2022 7:59pm Feb 11, 2022 7:59pm
Quoting appletrader
{quote} To be honest, if anyone is using an MT4 indicator and needs to move it to MT5, it doesn't cost that much to hire a freelancer to move it to MT5. IF you [Not you personally, but the readers of this] can't afford that then obviously the tool isn't very useful.
In my own experience tools not "works". Trading is so subjective and tools usage are subjective too. Tools helps but at the end, success depends of trader skills.

But I understand traders placebo feeling of to use tools as references and why they think can't live without them. Really is only reason mt5 never had success.
Try don't lose pants never...
  • #16
  • Nov 30, 2023 1:33pm Nov 30, 2023 1:33pm
I saw some news event somewhere and I lost it, but Mt4 is going away "who knows for sure" in the summer of 24. I do know Hugosway shut off Mt4 and moved everyone to ticktrader in Nov this year, which looks like mt4 but its clunky garbage. No ea or custom indys. They have a web based chart that looks like tradingview but without any custom indys.
I'm not against TV but I don't feel like paying for it and you still need to execute on a phone which does not work for me, or a MT4 chart.
Everything I want and need is in MT4 including a few paid for things like my trade manager.

MT4 is a dinosaur. I think it came out in 96 but I say why fix what's not broke. Might have more to do with operating software than anything I'm guessing.
  • #17
  • Dec 9, 2023 3:57pm Dec 9, 2023 3:57pm
I don't think they will ever discontinue it since a lot of users are still trading through MT4
  • #18
  • Dec 12, 2023 4:39am Dec 12, 2023 4:39am
There are too many users on mt4.so i think matetrder will not close mt4.
  • #19
  • Dec 12, 2023 6:08am Dec 12, 2023 6:08am
Quoting tommbstone
I saw some news event somewhere and I lost it, but Mt4 is going away "who knows for sure" in the summer of 24. I do know Hugosway shut off Mt4 and moved everyone to ticktrader in Nov this year, which looks like mt4 but its clunky garbage. No ea or custom indys. They have a web based chart that looks like tradingview but without any custom indys. I'm not against TV but I don't feel like paying for it and you still need to execute on a phone which does not work for me, or a MT4 chart. Everything I want and need is in MT4 including a few paid for things...
The most recent discussions have been brought about by this news, which has been twisted every which way -

MetaQuotes Removes Unregulated Brokers from MetaTrader

I won't post any links, but a quick search by Google or on YouTube will provide you with more details.

It takes a lot for me to IGNORE you, but you can try.
  • #20
  • Dec 13, 2023 5:01am Dec 13, 2023 5:01am
Quoting GrowthAlpha
I don't think they will ever discontinue it since a lot of users are still trading through MT4
I've seen a couple of reports Metaquotes are planning for spring 2024 to announce end of life for MT4, previously planned for this autumn.

MT4 will not suddenly stop working, as brokers can still offer MT4. However, if Metaquotes no longer provide critical bug support, many brokers will stop offering it on the grounds of 'security concerns'.

Probably a good time to start looking at migrating to MT5 sooner rather than later imo.
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