Would you pay for a MT5 improved platform ? (Vanilla MT5 platform remaining free). - page 2

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If this theoretical paid version had awesome robustness testing like rolling walk forward analysis, monte carlo, parameter distribution, all that good stuff that some other platforms have... and it was a good price, you would have me that's for sure.
 
RustyKanuck #:
If this theoretical paid version had awesome robustness testing like rolling walk forward analysis, monte carlo, parameter distribution, all that good stuff that some other platforms have... and it was a good price, you would have me that's for sure.

I agree. Built-in Renko, equal volume bars, semi-logarithmic scale, footprint, volume delta bars, etc. charts with instant backtest and optimization statistics would be worth the money.

 
High quality tick data download for backtesting would be a great addition [redacted] .. the data is freely available, just needs and interface and packaged UI. I pay for it anyways, so if the implementation was good I would pay for that. Would save a lot of manual download, reformat, import. Also, broker commission reduction, that would go down well ;)
 
You can buy it for reasonable money. But first you need to look at it and test it - if it's really an innovative solution, I'm all for it.
 

I believe so, as it will push users to analyze charts more clearly and quickly. However, if:

1. It provides revenue to indicator developers when users utilize their indicators.

2. This will lead to genuine improvement in analysis indicators, as it will expose fake and overpriced indicators. Consequently, users will uncover these deceptive indicators themselves and eventually find genuine analysis tools—whether 2, 3, or 10 indicators and tools—based on their preferences. The important thing is to simplify the trading process.

3. The platform will re-enter the competitive market because users want more analysis tools. This is what other platforms have recently capitalized on. Unfortunately, the MQL5 platform has stuck to Nokia’s outdated mindset, leading to its decline. Currently, MQL5 still relies on the same old, old, old indicators.


 
The first results are very interesting in my opinion. For sure such a poll is certainly not statistically significant, it would require more serious confirmation. It seems though there is some place for the paid version idea if it's something MetaQuotes would want to do.
 

My typical answer is no. But may change depending with the price and features that was not included on the free version. 


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Would you pay for a MT5 improved platform ? (Vanilla MT5 platform remaining free).

Alain Verleyen, 2025.01.20 01:47

For sure such a poll is certainly not statistically significant, it would require more serious confirmation. It seems though there is some place for the paid version idea if it's something MetaQuotes would want to do.

Then you need to be very specific with your survey or poll questions to have a meaning statistical data. Like what specific improvement you have in mind? Here is an example that I am willing to pay for a premium MQL5 version. 
- Built in (Short/Long) Positioning Tools (Similar to trading view)
- Built in Market Session Indicator. 

Again, I want this as a built in feature not as an EA or Indicator. I might consider buying this within a certain price range. For me, $10 or less is acceptable. otherwise I'll opt to use the free indicators from Codebase and customized it further for my exact need. 

 
what kind of improvements would we be talking about? more modern interface?
 
Conor Mcnamara #:
what kind of improvements would we be talking about? more modern interface?
That's not the subject. Improvements in general which would not be available in the free version.
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