The main reason would be MT4 was forex only. MT5 Offers more instruments on various exchanges, so legacy wise Forex has been dominant for MT.
Assuming we are talking about technical automated trading, strategies for stocks or even futures is not very different from Forex. And coded properly any EA could run on anything other than currencies.
Hello, I have been curious as to why we have signals and EAs for currency/forex, but not for stocks.
What is the reason for this - it would be great to know the historical reasons as well.
MT4 itself is a decade in, so what are the reasons developers or strategists don't offer stock indicators/EAs for trading over the years?
I saw a couple of posts where people suggested picking up a EA and then just adding a stock chart and seeing if that work. But that means, its not optimized for stocks. What is the reason for this?
Thanks,
A