MT4 to MT5 converter
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Hello good people,
I am trying to convert MT4 to MT5. As far as I read, the blocks has different names, so I need to change and adjust it.
Is there anything else that I need to consider to do it when it comes to convert MT4 to MT5?
for example: is the variables or constants need to be changed as well?Thanks in advance for the hints and helps!
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@andrewfrank Technicalyy, not. Only those blocks with different names should be substituted only.
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@l-andorrà Thanks!
just curious, is there any list available which blocks from MT4 and MT5 have different names?
I saw that some blocks under "Check trades and count" in MT4 are different in MT5 on "check position and count"
I think that mostly the differences, right? -
The names of the blocks is not a problem. In MT4 where you see the word "trade", in MT5 you see "position", but this is because I just left it that way.
Each block has another hidden name, let's call it ID. Almost all blocks from MT4 have their MT5 variant. There are few differences, I thin in the blocks from "on Trade". Also, I think in MT5 there are 1-2 extra indicators. Maybe some parameters are also different here and there, but I forgot what it was.
You can download .mq4 file, rename it to .mq5 and import it. This should create MT5 version of the project, but the block will be named as they were in the MT4 project. And just test how it works.
Of course, there is one huge difference between MT4 and MT5 - if you have Netting account in MT5, it works in a different way, you can't have multiple "trades" in the same symbol at the same time. This changes the whole logic completely. Any equality between MT4 and MT5 is possible when you have Hedging type of account in MT5.
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@fxdreema Ok Thanks for the hints!
I changed some blocks which MT5 has their own variant names (eg. no position). However other blocks,which have same variant names, I didn't change it, for instance the condition blocks.
I backtested it, it works however it indeed true that MT5 (netting) took different trades than in MT4. (I backtested it with the exact same settings for MT4)
