MetaTrader 5, any time soon?
Hi Scorpion 
Well, hope they will create new functions WITHOUT bugs, since they are not even able to make a reliable backtester.... 
Have a nice day, Scorpion, and btw, thanks for your Forex Calendar. Nice tool.
DV :-D
I couldn't have said it better than De Vinci.
We need a reliable stable fast backtester with no bugs, maybe Metaquotes need some high quality Linux coders to do the real job for them 
If they can make it better then why don't they? They have enough money from brokers they licence the software to so why not employ better coders that also understand the importance of having an accurate system. You would think metaquotes were all about supporting market makers instead of traders, oh wait, they are, otherwise they would have put in ECN feed capability like some MT4 brokers now have.
I like MT4 a lot. It is stable for me on the whole but has its bugs and strategy tester no longer works for me, it suddenly stopped working, all data is now flawed and false with wrong matched data and so many errors and overflow of balance allowed etc. it is now a junk feature for me. I have 90% modelling quality and up to date data directly from metaquotes so it is them to blame for this not me. No EA can be back tested by me anymore using MT4.
Perfect timing too! Just as I am creating my own EA using a good manual trading system. Luckily my system relies on forward testing than back and seems consistent. it really does not need backtesting because all you need to do is use the indicators on the chart to see that the signal is accurate or not.
I think we are like 35 years away from a reliable stable version of MT5. Keep working on this version before, unless you can make v5 better faster. 
If you need a good reliable backtester welcome here: Forex Tester
I was wondering about MetaTrader 5. Will MetaQuotes release it any time soon? What will be the big new things it may bring? A quick search at metaquotes.net reveals only the Genetic Algorithm Optimization which is supposed to help dramatically reduce the optimization time. Anyone wants to shed some lights or has any wish-list?
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A PROPHESY --- MT5 will report DIRECTLY back to Putin, instead of some newer KGB flunkie.
It will be able to automatically ALTER your tp points and sl points to the GOOD of the broker or spreadbetter, and send out an automated message stating that YOU changed it, certainly not them !
It will read automatically when you open a new trade ticket, guessing correctly that you were about to close the trade and automatically reverse the trade by 90 pips, wiping you out when it hits your sl !
During ANY activity, it will automatically widen the spread from 2 pips to 25 when you open the trade ticket !
ANY successful EA will be copied and decompiled, then sold for 4000 euros on the open market !
LOL --- with each and every update of metatrader, you get one little "improvement" thing, and the "spy" portion of the program appears to be receiving more and more funding !
enjoy and trade well
if metatrader allows it
mp
Why you are think metaquotes will spy the Trader who use there Software?
Have you a strong reason for that?
thx
Michael
Do you guys think the MT5 is the new link in tradeview? I mean, It´s a new robot there. The next generation?
I was wondering about MetaTrader 5. Will MetaQuotes release it any time soon? What will be the big new things it may bring?A quick search at metaquotes.net reveals only the Genetic Algorithm Optimization which is supposed to help dramatically reduce the optimization time. Anyone wants to shed some lights or has any wish-list?
MT5 will be released soon after the release of MQL5. The development of MQL5 is in closing stage so i think it will be released probably end this year. You can put also some information from the interview with Stanislav Starikov, leading programmer of MQL4/MQL5 here: MetaTrader 5: Development of MetaTrader 5 and MQL5
Is there a need for MT4?? The current version works fine for me..
The only complaints is the different timeframe...I love to look at 2hour timeframe chart...
Taken from mql4.com:
Two years ago we started the development of MetaTrader 5 platform. Now this work is approaching completion and by autumn we are planning to release the new platform. Beta testing of the new client terminal and MQL5 development environment starts in summer.
The trading system of the MetaTrader 5 terminal was re-written from scratch, as well as the whole platform. As compared to MetaTrader 4, trading possibilities of the new terminal are much wider. First of all, the MetaTrader 5 terminal allows working in various markets. Directly from the terminal you will be able both to execute trading operation in Forex and work with options, futures and stock
Secondly, in addition to already familiar Market Watch, the Depth of Market will be available in MetaTrader 5. This tool is necessary for working in stock markets. Thirdly, the order system is extended: the total number of order types is equal to 5 (in MetaTrader 4 there are 4 types of orders).
MetaTrader 5 terminal supports 4 types of operation execution: Market, Instant, Request and Exchange. The new execution type Exchange is developed for processing trade operations with stock symbols.
Profound differences between notions of position, order and trade appeared in MetaTrader 5. Order is a request to execute a trade operation, the result of which can be a trade. A position is the total state of trades on a certain financial security. Any financial security can have only one position.
Special reports are available in the new terminal for the convenient analysis of trading activities. Reports show not only initial and final deposit values, but also other parameters. Using these reports, you will know such results of your trading as, for example, GHPR, Z-score, Profit Factor and others.
Analytics
Analyzing price dynamics of financial securities is the most important component of a successful trading experience. In MetaTrader 5 we tried to provide traders with as many analytical tools as possible.
Three types of charts are available in MetaTrader 5: broken line, Japanese candlesticks and bars. For the analysis of these data 38 built-in indicators, 39 graphical objects and the large variety of MQL5 indicators can be used. All these analytical tools can be combined in different ways: objects can be applied to indicators; indicators can be built on the basis of other indicators and so on.
The history of quotes in MetaTrader 5 is stored only in M1 form and all charts are built based on them. This solution allows extending the number of timeframes up to 21, so that any period from minute to month can be used to analyze quotes. The main limitation on timeframes is their multiplicity: one hour must contain the integer number of minute periods. The following timeframes comply with this rule: M1, M2, M3, M4, M5, M6, M10, M12, M15, M20 and M30.
Besides, format of history data storing in MetaTrader 5 is space-efficient. For example, M1 history of GBPUSD quotes for ten years occupies about 10 MB only. This history being downloaded once, you will be able to build any charts on this symbol starting from M1 till MN1.
Autotrading
The integrated development environment MQL5 is responsible for the development and use of Expert Advisors, custom indicators and scripts in MetaTrader 5. It includes MetaEditor 5, MetaTrader 5 Strategy Tester and MetaQuotes Language 5 (MQL5).
The MQL5 language for programming trading strategies is distinct for high speed of execution and approaches C++ in terms of this parameter. As compared to MQL4, the new language is 4-20 times quicker. This allows using more complex Expert Advisors able to process large amounts of data per time unit and therefore obtain more precise forecasts of price dynamics. Besides, the new language is object-oriented which makes the development of Expert Advisors quicker and easier.
For writing Expert Advisors MetaEditor 5 is used, which includes the new IntellySence system. It automatically completes various constructions of the language thus quickening the EA development process. The built-in debugger allows to quickly find errors and fix them. After the EA is ready and its compilation is performed, it automatically appears in the terminal and can be immediately started to work in the market.
MetaTrader 5 Strategy Tester is a very powerful tool for any developer of Expert Advisors. It helps to obtain results of an EA behavior on the history before using it in real trading. Detailed reports on a trading system allow to estimate the Expert Advisor and detect its weak points, as well as to compare the EA with other developments. Besides, optimization of Expert Advisors allows to define the most efficient parameters of their variables and make the EA maximally profitable.
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I was wondering about MetaTrader 5. Will MetaQuotes release it any time soon? What will be the big new things it may bring?
A quick search at metaquotes.net reveals only the Genetic Algorithm Optimization which is supposed to help dramatically reduce the optimization time. Anyone wants to shed some lights or has any wish-list?