Comments on: MT5 VS MT4 – A Trader's Perspective

By: garfield

garfield — Fri, 11 Dec 2009 13:08:22 +0000

How can they justify fact that we cannot use our MT4 Indicators on MT5, thats a disgrace.

How easy it is to rewrite a MT4 indicator to make it compatible to MT5.

I might as well start looking for a different platform if they dont address this ‘discrepancy’

By: Tom

Tom — Fri, 23 Oct 2009 21:19:32 +0000

Please tell me they have finally allowed the client to set the time-zone displayed on charts. Forcing clients to use the server time-zone (for display purposes) is such a ridiculous drawback in MT4. Every other charting package on the planet lets the client adjust the charts to match their local timezone except MT4.

By: AshFX

AshFX — Fri, 23 Oct 2009 18:28:19 +0000

Hi Okpah, I’m not reviewing the software you’re talking about. I’m reviewing MT5. Thanks.

By: Okpah David Lionel

Okpah David Lionel — Fri, 23 Oct 2009 13:14:42 +0000

There is software that plots your multiple timeframe pivot points and even Fib. on daily basis go for it and make the difference in forex market.Why waste time ploting it manually using pivot point calculator/fib calculator.

By: AshFX

AshFX — Fri, 23 Oct 2009 11:12:02 +0000

Hi Datasense, my criticism of MT5 is that I shouldn’t have to bother with extending my fib lines manually. I have already explained in my article that even though it can be done, what purpose does the initial default feature serve??

By: Dotasense

Dotasense — Fri, 23 Oct 2009 11:00:47 +0000

Actually you can ‘extend’ Fibonacci Retracement line to the right hand side. Open Fibonacci Retracement ‘Properties’, click ‘Parameters’ tab and check by clicking ‘Ray Right’ check-box. You can also make Fibonacci Retracement line ‘extend’ to the left side by checking the ‘Ray Left’ check-box.