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October 04, 2012

MT4 vs MT5?

I would never use MT5 untill MT4 will not be supported by any FX brokers for only one big reason:
On MT5, the Hedge is not allowed so my MMS will become more complicated to manage. We will have to get 2 differents accounts
  • 1 for long orders  
  • 1 for short orders
The problem is that we will have to worry about capital of each of these 2 accounts because one will increase his capital while the other we generate looses.
 
Also, there is much more sources on the web to help people with mql4 in order to code EA's under MT4 than on MT5..

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