MT4 doesn't have long to live - page 60

 
faa1947:
Apart from user-generated tricks, I don't know anything. You are the developer, you should name these outputs to the maths.

Banana for a week for blatant stupidity and lack of evidence for your statements.

I'm sick and tired of looking at the clown.

 
MT5 supports DLL - that is the human output to the maths. Moreover, if MT5 didn't even support DLL, the output to maths would be less human, but also full-fledged - an exchange interface via files.
 
Reshetov:

It would be a strategic mistake to continue focusing on semi-underground kitchens and their clients, the majority of whom are schoolboys and addicts, because the legislation is getting tougher and sooner or later these same kitchens will be equated to bookmakers, and the kitchen-oriented "trading" platforms to one-armed bandits.

So MetaQuotes, at least, hedged their risks by making a platform simultaneously suitable for both kitchens and for real exchanges. And it is up to the trader to choose where it is better.

...

Can you back up your words with evidence? Is there at least one broker of those "500 Forex brokers", which Renat mentioned and which provides or at least plans to provide an access to the exchange? Is there at least one DC (even a DC) which broadcasts, at least on demo, real exchange prices and futures contracts of any futures market? Is there at least one serious statement from the heads of brokerage houses that they are ready to develop the MT5 direction?

Based on all that said, I don't think the MT5 clientele will change much compared to the MT4 clientele.

 
Renat:

Provide clear evidence - what kind of trading opportunities are limited? Not concerning locks.

No need for generic words.

It has already been repeatedly stated - the minimum necessary thing for debugging any program code, and not only for algo-trading - is the ability to reproduce a specific state of the algorithm for specific inputs, that is the ability to give exactly that input (quotes) and in that sequence, which were in the real world.

 

In my opinion, it is obvious that methaquotes, in 5-7 years, will be almost a monopolist in the stock trading software market. They are very competently building a strategy - solving a set of strategic tasks to capture the market. In the next 2-3 years, they will "lick" five; in parallel, they will conduct licensing, certification on exchanges; in parallel, they will morally and psychologically prepare MT5 consumers, both traders and brokers; in parallel, they will develop-stimulate development of applied commercial software, based on MKL5, by free coders through store/work services. All this will lead to the accumulation of critical mass and in 3 years there will be an explosive growth of those who want to work on MT5, especially since the competitors aren't really scratching their heads.


 

Renat has long believed that running several EAs on the same account is nonsense. Manually interfering with EA trading is also idiotic.

For those who want to implement more than one trading logic, they can cram them all into one EA. Renat, have you tried it? Have you really tried it? Wasn't it convenient?

Maybe you can show us how it is convenient to do this on the example of a simple Expert Advisor:

  1. You are given a very short MT4 EA. It will not even have indicators.
  2. The task is to rewrite it on MT5, so that it can repeat the same thing, as if you run the same EA in MT4 several times with different input parameters.

Why don't the developers have any examples that show how easy it is to do? I am not even talking about implementing in an MT5 EA a situation where a user in MT4 takes some copy of the EA out of trade. Of course, from Renat's point of view, to do such a thing is idiotic. But there is a real question of the adequacy of platform developers' ideas about the applicability of trading strategies.

I do not like MT5 in trading. Language is great, visualization is unmatched. But trading on MT5 is uncomfortable. And the same brokers who are evaluating the platform from the traders' side are also aware of this. Even if you lower the price by a factor of 10 on the MT5, they will not take you any faster, because they don't understand what the trading advantage is over MT4.

 
faa1947:

as MT5 has quite good functionality.

I want to be clear - procedural functionality with which almost anything can be programmed. But programmable.

That's not how applied programming has worked for 30 years. Metaquotes are system developers and for them procedural functionality is above all, that's all they praise...


You are wrong here, dear colleague. Firstly, you can't write second a la MathLab inside MT5, you just can't make a pathetic gadget.Secondly, you don't need it. The terminal needs to provide a trading environment and ensure easy integration with third-party projects, be it MathLab or SQL. It is up to the user to decide what to integrate into his business process. To date, MQ has chosen the strategy of providing a full-cycle platform, with hard encapsulation. If they then remove the DLL and write to files (the fight against so-called crutches will continue), it will be really hard to use MT5 on a corporate scale (although even now it is very difficult to do so).
 
C-4:

Can you back up what you are saying with evidence? Is there at least one broker out of those "500 forex brokers" mentioned by Renat, which provides or at least plans to provide access to the exchange? Is there at least one DC (even a DC) which broadcasts, at least on demo, real exchange prices and futures contracts of any futures market? Is there at least one serious statement from the heads of brokerage houses that they are ready to develop the MT5 direction?

Based on all that said, I don't think the MT5 clientele will change much compared to the MT4 clientele.

The main thing is that you are confident in your point of view - all you need is a confirmation of that.

And even 500 brokers isn't that important to you. In a year or two you won't care about 1000, or about a couple of hundred stock brokers, just like it won't mean anything to you.


Things get done first and only then are successes reported, not the other way around. Look at us - a huge amount of work over 12 years has been done quietly in such a way that people are now bewildered thinking "how are 500 brokers???".

The same goes for the stock market and the new platform.

 
Nafany:

In my opinion, it is obvious that methaquotes, in 5-7 years, will be almost a monopolist in the stock trading software market. They are very cleverly building a strategy - solving a set of strategic problems to capture the market. In the next 2-3 years, they will "lick" five; in parallel, they will conduct licensing, certification on exchanges; in parallel, they will morally and psychologically prepare MT5 consumers, both traders and brokers; in parallel, they will develop-stimulate development of applied commercial software, based on MKL5, by free coders through store/work services. All this will lead to the accumulation of critical mass and in 3 years there will be an explosive growth of those who want to work on MT5, especially since the competitors aren't really scratching their heads.

So it is. One should think for at least 5-7 years, because the development and implementation cycles of such software are very long.

The timeline for explosive growth has only been missed.

 
Nafany:

All this will lead to the accumulation of critical mass and in 3 years there will be an explosive growth in the number of those who want to work on MT5, especially since the competitors are not really scratching their heads.

It's not so much about the MT5 client terminal but about the integration, which is becoming possible at the broker and exchange levels and which may lead to a reduction of commissions and better execution in the future.
Reason: