Same Product, Two Platforms: MT4 Gets About Half the Free Downloads and One in Eight of the Paid Demos

We publish most products twice, once for MT5 and once for MT4, with the same logic and the same description. That gives a clean comparison nobody outside the seller account can run: the same product, the same seller, two platforms. Counts are from our daily Market log as of October 8, 2026.

Product | MT5 downloads | MT4 downloads

Volatility Squeeze | 798 | 256

Donchian Trend Engine (EA) | 395 | 260

Dip Buyer Zones | 373 | 209

MTF Trend Dashboard | 364 | 234

Pivot Trend ZigZag | 304 | 123

Donchian ATR Trailing Stop | 247 | 159

Aegis | 87 | 21

Crypto Trend Channel | 86 | 49

Spread Guard | 70 | 40

Falcon | 64 | 35

Total | 2,788 | 1,386

MT4 took 1,386 of 4,174 downloads, 33.2%. Put the other way, every MT4 version got roughly half of what its MT5 twin got (1,386 / 2,788 = 0.50). MT4 did not win a single pair. The closest was the free EA: 260 against 395.

EA | MT5 demo downloads | MT4 demo downloads

Gold King Breakout Grid | 26 | 4

Bitcoin Comet Trend Follower | 24 | 4

Nasdaq Dip Buyer | 22 | 3

Monthly Burst USDJPY | 16 | 1

Megamax Donchian Trend | 15 | 4

Ethereum Trend Follower | 13 | 2

Audcad Peace Mean Reversion | 13 | 0

Overdrive Usdjpy Aggressive | 12 | 1

Total | 141 | 19

Here MT4 took 19 of 160, 11.9%. So the MT4 share falls from a third on free tools to about one in eight on paid EA demos. Two of our paid pairs are left out of this table because we are not quoting figures for those products at the moment.

- Listing dates differ. The MT4 versions of Falcon and Aegis first appear in our log on August 2, later than their MT5 versions, and we did not correct for days listed anywhere in these tables. Some of the gap is simply time.

- These are our products and our descriptions. A seller with an MT4-first audience would see something else.

This surprised us. The MT5 Donchian Trend Engine has 395 downloads and shows rank 1,725. The MT4 version has fewer downloads, 260, and shows rank 522. Volatility Squeeze: 798 downloads and rank 929 on MT5, 256 downloads and rank 437 on MT4. A product with a third of the downloads carries a number twice as good.

The same shows on the paid side: our paid EAs with no purchases sit around rank 31,000 on MT5 and around 24,100 on MT4. The two platforms appear to be ranked as separate lists of different lengths. We infer that from our own numbers; it is not documented anywhere we have read.

- If you compare two products by rank, check they are on the same platform first. Rank 500 on MT4 and rank 500 on MT5 are not the same achievement.

- For sellers: the MT4 port of a free tool is worth the work (half the downloads again). For a paid EA the demo interest we measured on MT4 was small, and one of our 9 purchases was an MT4 version.

The pair used as the example: Donchian Trend Engine MT5 (free) https://www.mql5.com/en/market/product/185534 · Donchian Trend Engine MT4 (free) https://www.mql5.com/en/market/product/185537