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MetaQuotes "This is the last MT4 upgrade"

  • #1
  • First Post: Nov 15, 2016 10:29am Nov 15, 2016 10:29am
https://smnweekly.com/2016/11/15/met...ding-platform/

God help us

Metaquotes should not kill MT4

MT4 and MT5 can co-exist
practising coitus interruptus
  • #2
  • Nov 15, 2016 10:48am Nov 15, 2016 10:48am
Quoting avibe
https://smnweekly.com/2016/11/15/met...ding-platform/ God help us Metaquotes should not kill MT4 MT4 and MT5 can co-exist
Absolutely. Or they have to offer a porting function/tool between MT4 and MT5
  • #3
  • Nov 15, 2016 10:49am Nov 15, 2016 10:49am
Quoting avibe
https://smnweekly.com/2016/11/15/met...ding-platform/ God help us Metaquotes should not kill MT4 MT4 and MT5 can co-exist
Its better pass to MT5. MT4 is very old platform...
Try don't lose pants never...
  • #4
  • Nov 15, 2016 10:53am Nov 15, 2016 10:53am
Fantastic
now we are all going to make a lot of money...it was all the fault of Mt4...right?
  • #5
  • Nov 15, 2016 10:56am Nov 15, 2016 10:56am
It cannot just happen that easy, I believe. To many traders are stick to their custom indicators, EAs and tools, and I think many would rather consider to change a broker, than their trading habits. MetaQuotes have to warn and give some time to transfer to MT5 smoothly, at least few months. Or even years, heh.
For want of a nail the kingdom was lost.
  • #6
  • Nov 15, 2016 11:05am Nov 15, 2016 11:05am
Make way for the future...I've been using MT5 since it was launched...I much prefer it. There is far more flexibility on the plaform especially when it comes to multiple time frames.
@xxxx§|[::::::::::::::::>
  • #7
  • Nov 15, 2016 12:20pm Nov 15, 2016 12:20pm
why does MT5 add up multiple orders and average price them?

impossible to have multiple orders at different prices

i fucking hate that
practising coitus interruptus
  • #8
  • Nov 15, 2016 12:25pm Nov 15, 2016 12:25pm
Quoting avibe
why does MT5 add up multiple orders and average price them? impossible to have multiple orders at different prices i fucking hate that
MT5 supports hedge...
Try don't lose pants never...
  • #9
  • Nov 15, 2016 12:33pm Nov 15, 2016 12:33pm
Do .ex4 files (custom EAs, indicators, scripts) run on MT5?

If not, does anybody know how much re-coding is necessary to make them compatible?
Is it generally a simple modification, or would the EA/indy/script need to be totally rewritten?

Thanks in advance.
  • #10
  • Nov 15, 2016 12:45pm Nov 15, 2016 12:45pm
Quoting hanover
Do .ex4 files (custom EAs, indicators, scripts) run on MT5? If not, does anybody know how much re-coding is necessary to make them compatible? Is it generally a simple modification, or would the EA/indy/script need to be totally rewritten? Thanks in advance.
all have to be re-coded...sorry mate
practising coitus interruptus
  • #11
  • Nov 15, 2016 12:45pm Nov 15, 2016 12:45pm
Quoting hanover
Do .ex4 files (custom EAs, indicators, scripts) run on MT5? If not, does anybody know how much re-coding is necessary to make them compatible? Is it generally a simple modification, or would the EA/indy/script need to be totally rewritten? Thanks in advance.
You can't. About adapt code you have to small changes in graphic/plots API/iCustom. Orders is a huge work because is completely different ( but it's easy ). Load history have some work but resolve MT4 lack managing it. Rest is same
Try don't lose pants never...
  • #12
  • Nov 15, 2016 1:03pm Nov 15, 2016 1:03pm
Lol they said this 5 years ago I doubt they will be able to make this switch fully unless they make mt4 indicators compatible with mt5 platform indicators some how. I beleive brokers will allow mt4 platform and mt5 options for some years to come.
  • #13
  • Nov 15, 2016 1:14pm Nov 15, 2016 1:14pm
Quoting braintheboss
{quote} You can't. About adapt code you have to small changes in graphic/plots API/iCustom. Orders is a huge work because is completely different ( but it's easy ). Load history have some work but resolve MT4 lack managing it. Rest is same
braintheboss...

why is metaquotes hell bent on mt5? its a suicide mission
practising coitus interruptus
  • #14
  • Nov 15, 2016 1:20pm Nov 15, 2016 1:20pm
Quoting avibe
{quote} braintheboss... why is metaquotes hell bent on mt5? its a suicide mission
No. When they added hedge solved the problem with MT5. If ask them about offline charts and they told me will have support in a future...
Try don't lose pants never...
  • #15
  • Nov 15, 2016 1:26pm Nov 15, 2016 1:26pm
too much work re-writing code

mt4 and mt5 can co-exist

seriously no need to kill off mt4
practising coitus interruptus
  • #16
  • Nov 15, 2016 1:38pm Nov 15, 2016 1:38pm
Quoting avibe
too much work re-writing code mt4 and mt5 can co-exist seriously no need to kill off mt4
Not much work if you are using a framework. If you hard writed every indicator then is a lot of work... In my case is not a big problem
Try don't lose pants never...
  • #17
  • Nov 15, 2016 1:56pm Nov 15, 2016 1:56pm
Quoting avibe
too much work re-writing code mt4 and mt5 can co-exist seriously no need to kill off mt4
Thanks for your reply (also @braintheboss), it confirms what I've read elsewhere.

Agree with you, MT4 has been around for approx 12 years now, and there are thousands of MT4 EAs and indicators currently being run by around 20 million users worldwide, on computers and smartphones. If I have to rewrite, I will ditch MetaTrader, and find a manufacturer who provides forward-compatible trading platform/software. Don't want to find myself in the same position when MT6 comes along.

Apparently MQ no longer want to maintain/support two platforms. From what I've read, they are more focused on their app shop than anything else.
  • #18
  • Nov 15, 2016 2:32pm Nov 15, 2016 2:32pm
I've been trying to download MT4 from their website. It looks like you can select it, but the downloaded client is MT5!
  • #19
  • Nov 15, 2016 3:50pm Nov 15, 2016 3:50pm
I just quickly looked at the Freelance coding jobs posted on the mql5 website. Out of the most recent 100, 13 are for MT5. So thats 87% for MT4. A year or so ago it was probably more like 95% MT4, so MT5 is obviously gaining popularity gradually.
I think that it would be a mistake to force people to change from MT4 to MT5 as people naturally rebel and Metaquotes may find themselves losing market share.
I believe that MT4 has been a Golden Goose for Metaquotes and it seems foolish to Kill it, in my opinion.
Please Do Not PM Me With Coding Enquiries
  • #20
  • Nov 15, 2016 7:55pm Nov 15, 2016 7:55pm
Quoting braintheboss
{quote} Not much work if you are using a framework. If you hard writed every indicator then is a lot of work... In my case is not a big problem
Hello braintheboss,

How to create framework on MQL?
Can you give me some hint so I can find out about it?

Thank you.
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