Sergey Golubev  
Hesham Ahmed Kamal Barakat:

Does that mean that MQL4 is put to death sentence?

I think there is more people using MQL4 than MQL5.


Is there anyway to know what is the user's base for each platform? means how many users actually use MQL4 and MQL5?

MQL4 and MQL5 are the programming language.
Metatrader 4 (MT4) and Metatrader 5 (MT5) are the trading platform.

Does that mean that MQL4 is put to death sentence?

In general - that means nothing for us (for traders).
It means only the following:

  • we can download MT4 from the brokers' websites only (the brokers are continuing to support MT4);
  • there are no any improvements of MT4 in the future; we can expect minor bug fixig only. You asked to improve something on MT4? So, I explained that it will not be done.
Hesham Ahmed Kamal Barakat  
Sergey Golubev:

MQL4 and MQL5 are the programming language.
Metatrader 4 (MT4) and Metatrader 5 (MT5) are the trading platform.

In general - that means nothing for us (for traders).
It means only the following:

  • we can download MT4 from the brokers' websites only (the brokers are continuing to support MT4);
  • there are no any improvements of MT4 in the future; we can expect minor bug fixig only. You asked to improve something on MT4? So, I explained that it will not be done.

I understand what you mean.

But i am asking if there is anyway to know the user base for MetaTrader4 and MetaTrader5?

To see if it's worth it to create anything for MetaTrader4 or not.

Also broker's websites don't have any updates for the platform itself. I got MT4 from more than one broker and both are with these limited stuff that i mentioned.


So really the big question, which i hope you or other moderators have any idea about. What is the use base like for both platforms?

Lorentzos Roussos  
Hesham Ahmed Kamal Barakat:

I understand what you mean.

But i am asking if there is anyway to know the user base for MetaTrader4 and MetaTrader5?

To see if it's worth it to create anything for MetaTrader4 or not.

Also broker's websites don't have any updates for the platform itself. I got MT4 from more than one broker and both are with these limited stuff that i mentioned.


So really the big question, which i hope you or other moderators have any idea about. What is the use base like for both platforms?

MT4 is bigger , MT5 is better .

Build for both right now ,and definately test on MT5 - prefer the MetaQuotes Demo MT5 version for testing .

Same for signals , if you build a signal for mt4 or mt5 ,test it on MT5 - prefer the MetaQuotes Demo MT5 version again.

To put it bluntly ,if you can test on MT5 dont test on MT4

Sergey Golubev  
Hesham Ahmed Kamal Barakat:

I understand what you mean.

But i am asking if there is anyway to know the user base for MetaTrader4 and MetaTrader5?

To see if it's worth it to create anything for MetaTrader4 or not.

Also broker's websites don't have any updates for the platform itself. I got MT4 from more than one broker and both are with these limited stuff that i mentioned.


So really the big question, which i hope you or other moderators have any idea about. What is the use base like for both platforms?

You can use what you want (MT4 or MT5).

As to MT4 so the brokers are having updates for MT4, but the first update is coming from MetaQuotes-Demo server.
So, open demo account with MetaQuotes-Demo and update MT4 (as I know - the latest build is 1265 now).

----------------

It was same talking for MT3 compare with MT4 many years ago.
The people told that Metatrader 3 is the best for Windows '95 with Pentium 1 ..
But we do not have Windows '95 now ... and there is no Pentium 1 ... so ..
But I am still thinking that Windows'95 was the best Windows version.

You can check the thread -

It may be same for MT4 compare with MT5 for example.

BrainTrading System for MT3
BrainTrading System for MT3
  • 2005.09.30
  • www.mql5.com
Find BrainTrading 7.0 for Metatrader 3 Opensource. Any improvements or other versions are welcome...
Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

New MetaTrader 4 Platform build 1280

MetaQuotes, 2020.07.23 14:56

The MetaTrader 4 platform update will be released on Friday, July the 24th, 2020. This version provides enhancements for built-in MQL5.community services, as well as error fixes and platform stability improvements.

The update will be available through the Live Update system.


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Dear Service Desk....

I have received message from mql5 «
We need to perform additional verification of your account. This is a standard procedure meant to ensure the security of all MQL5.community members. 
Currently, no action is required from you. Please wait till the verification is complete. Until then, the ability to withdraw funds is limited.
Sorry for inconvenience. Best regards,» since one week, so i would like to know how long this will take again..please can anybody do something for me? It is only one account i have and i need to work to pay commodities...Need help