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MT4 AND MT5

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MAYANAK
MT4 AND MT5

What is the difference between meta trader 4 and 5?

Meta Trader 4


MT4 offers 30 indicators for technical analysis.


MT4 can backtest only through a single pair, and it takes a painfully lot of time.


MT4 has 4 different types of pending orders: Buy Limit, Buy Stop, Sell Stop and Sell Limit.


MetaTrader 4 has an integrated MQL4 programming language. It focuses on strengthening the trading programs based on the order system.


MT4 has a very appealing user-friendly interface. It will be perfect for novice users.


MT4 has 9 timeframes.


Meta Trader 5


Both requests types are allowed: hedging orders and netting positions.


No FIFO rule (as an accounting principle in costing stock – first in, first out).


The integrated economic calendar is included in the platform for fundamental analysis.


Unique indicators, compatible only with the latest platform.


You can monitor the market depth in real-time.


Updated charts and time frames.


The platform let you trade in different financial markets.


Advantages of Meta Trader 5


The MT5 platform provides you with several analytical tools, enabling precise price analysis and forecasting. The key aspects related to this aspect are:


You can open as many as 100 charts at a time– The charting system comes with 21 time-frames. – There are 80 analytical objects as well as built-in technical indicators– There are 39 graphical objects– There are 38 technical indicators– There are 4 scaling modes;– You can choose from 17 display styles for client indicators.


The tools used for carrying out fundamental analysis like the economic calendar, the financial news service provided by international news agencies, etc are made available to you by the MT5 platform. This helps you to forecast the movements of prices of various financial instruments.


Robotic or algorithmic trading feature offered by the MT5 platform is by far the best and most fascinating. Robots analyze the market and trade on your behalf. You are required to just decide the strategy and set up specific instructions. The robot would follow the instructions and execute trades for you.


It gives 4 completely different execution varieties: Market, Instantaneous, Request and Exchange execution which might be a helpful function that can meet all traders’ execution wants.


Eight built-in technical indicators, 39 graphic objects and lots of MQL5-indicators protecting most if not all the common indicators.


Safety and encryption have been enhanced.


Upvote if you find useful.


We at MT4 and mt5 Live Data Feed provider for Indian Stock market (NSE FNO, CASH, MCX,OPTION) FOREX.


And Also Provides White label solution For Mt5 and Mt4



 website: https://mt4livedata.com/mt5-live/

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