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Implications of MT5

  • #21
  • Jul 3, 2009 2:47am Jul 3, 2009 2:47am
Quoting rgil65

Where can I download MT5?


Thanks
Gil
i think its better to say "When?"
  • #22
  • Jul 3, 2009 9:58am Jul 3, 2009 9:58am
MT5 seems to be designed for NFA regulation
  • #23
  • Jul 12, 2009 1:21pm Jul 12, 2009 1:21pm
Quoting Fulltime247
I need to see a link to this... (Its unbelievable!! All I see are privacy and copyright issues.)
LOL, I will also like to see how this rumor started. Maybe Oliver Stone is filming a movie about it rigth now.
I will also liket to betat test the MT5 sniffer/filter.
  • #24
  • Dec 3, 2009 4:35am Dec 3, 2009 4:35am
Quoting Fulltime247
you'll just have to recompile them in mt5 - they'll work.
Not true at all. There are lot of errors that have to be fixed...after recompiling. Meta trader doesnt have translator yet for "just have to recompile them".
The Market pays you to be disciplined
  • #25
  • Dec 3, 2009 4:54am Dec 3, 2009 4:54am
Kind of off topic, but I don't see brokers who conform to NFA regulations losing much client base. Eventually it will probably be a requirement for any US Trader to use a broker who is registered with the NFA anyways. (For their protection of course )
  • #26
  • Dec 3, 2009 9:16am Dec 3, 2009 9:16am
I ran across a script that will convert MQL4 source to MQL5 - didn't save the link since, as has been said, it will probably be years before a full-scale move to MT5 and I'm sure there will be many such scripts available in the future.

I don't understand the thinking at Metaquotes - after four decades in the IT business, I've never seen any other software provider make such huge changes with such disregard for users.

Does anyone know of a broker that offers a free API? I'd rather write my own code in Python...
Old Benjamin was right
  • #27
  • Dec 3, 2009 9:57am Dec 3, 2009 9:57am
Quoting Lou G
I ran across a script that will convert MQL4 source to MQL5 - didn't save the link since, as has been said, it will probably be years before a full-scale move to MT5 and I'm sure there will be many such scripts available in the future.

I don't understand the thinking at Metaquotes - after four decades in the IT business, I've never seen any other software provider make such huge changes with such disregard for users.

Does anyone know of a broker that offers a free API? I'd rather write my own code in Python...
interactive brokers and fxcm both offer a free API.
  • #28
  • Dec 26, 2009 12:58am Dec 26, 2009 12:58am
The instructions I got from this link. However the most up to date scripts I got from a range of pages on this thread.

Here is a script which converts MQL4 code to MQL5 code was developed by Keiji and Circlesquares on another forum.

First, download the following files and place them in your Metatrader 4 / experts / include folder
- mt4accountinfo.mqh
- mt4string.mqh
- mt4datetime.mqh
- mt4objects_3.mqh
- mt4timeseries_3.mqh

Then, download the latest version of the rewrite script and place it in your Metatrader 4 / experts / scripts folder:
- mq4tomq5rewrite_sample_v5.mq4


For further instructions or newer scripts do a google search excluding the quotes...
" Rewrite MQL4 to MQL5 Script "
Attached File(s)
File Type: mqh mt4accountinfo.mqh   2 KB | 631 downloads
File Type: mqh mt4datetime.mqh   2 KB | 579 downloads
File Type: mqh mt4objects_3.mqh   7 KB | 618 downloads
File Type: mqh mt4string.mqh   < 1 KB | 589 downloads
File Type: mqh mt4timeseries_3.mqh   9 KB | 599 downloads
File Type: mq4 mq4to5rewrite_sample_v5.mq4   17 KB | 655 downloads
  • #29
  • Dec 26, 2009 2:01am Dec 26, 2009 2:01am
In addition to the scripts above, here is a conversion table for some of the changes of MQ4 to MQ5.

Maybe the programmers will find this useful.

Also another note... I just noticed that MetaEditor 5 now has help in English, as opposed to Russian only help available a few weeks back.



None of this was created by me.
Attached File(s)
File Type: zip MQL4to5_0.2.zip   6 KB | 1,456 downloads
  • #30
  • Dec 29, 2009 10:26pm Dec 29, 2009 10:26pm
Plus a codex help file. Hopefully this all helps with MQ5 programming.
Attached File(s)
File Type: zip MQL5kcodexhelpwfile.zip   1.9 MB | 1,672 downloads
  • #31
  • Jan 4, 2010 8:55am Jan 4, 2010 8:55am
Quoting 8fingers
I agree-dont take chances if not necessary. I do almost all my trading thru FXPRO.com (Cypress based) and none of this new NFA reg stuff will affect me there. I still have an open account at MBT because I was using them before FXPRO but for small lot trades their commission seems to high. Other than that no major compliants with either Broker.
Boy was I wrong! I am still wondering why many overseas brokers(Fxpro.com in particular) will not serve American clients? Does anyone in ForexLand know the answer?
FF = Forex Faggots
  • #32
  • Jan 4, 2010 1:16pm Jan 4, 2010 1:16pm
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
U should ask these brokers....
  • #33
  • Last Post: Jan 4, 2010 3:08pm Jan 4, 2010 3:08pm
Quoting onu
U should ask these brokers....
I did. was my 1st question-why? Fxpro.com gives a standard legal ease statement about concentrating on Europe(why would a company turn away ANY business?) It must have something to do with some Forex regulation I must be missing? Maybe some new BS tax law other countries dont want any part of? Amazing that not one of the thousands of members at FF can shed any light on why Forex(overseas) is being denied to Americans. BTW-Brokerages will not say-maybe afraid of lawsuites? Who knows?
FF = Forex Faggots
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