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MetaTrader 5

MetaTrader 5 (MT5] is a next-generation forex trading platform that retains the familiar look and feel of MT4 while offering advanced features. With MT5, you can trade forex, commodities, and indices using a full set of flexible trading orders, all while having access to our liquidity providers' market depth. This allows you to see where the big orders are on the price ladder, so you can plan your trades accordingly.

MetaTrader 5 was designed to have broader applications in contract-for-difference (CFD], such as single stocks, futures and options trading.

MT4 MT5 MT5 WebTrader MAM
MetaTrader 5 MetaTrader 4
Timefames 21 8
Technical Indicators 38 30
Graphical Objects 44 31
Types of pending order 6 4
Depth of Market Shown √ X
Economic Calendar √ X
Hedge √ X
Strategy Tester Multi-threaded, + Multi-currency, + Real ticks Single thread

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MQL5 V.S. MQL4

Programming Language

MetaTrader 5 (MT5] uses a programming language called MQL5, which is different from the MQL4 language used in MetaTrader 4. One exciting aspect of MQL5 is that it allows for "black box" programming. This means that it is easier to program and will likely provide a better framework for users and developers of trading robots and other expert advisors.

Backtesting

MetaTrader 5 (MT5] has two key programming-related advantages over MetaTrader 4. Firstly, its backtesting functions, which allow you to test programmed trading strategies, execute at a much faster speed. This is a valuable feature for traders who need to run a large number of backtests, as it can save them a significant amount of time. Additionally, MT5 allows for simultaneous multi-currency pair backtesting. When combined, these features can expedite backtesting procedures immensely.

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BCR SV Co LLC. is a Limited Liability Company registered under the laws of Saint Vincent and the Grenadines, Company No. 3107 LLC 2023, located at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and the Grenadines.

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