MT4 vs MT5 for backtesting ...
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Just curious if others are using MT5 to backtest for eventual trading on MT4.
MT5 is more accessible, free to everyone, much faster and provides automatic access to real ticks.
Since fxD seems to create code reasonably well for both platforms from the same project it seems like a winner. Is anyone aware of any shortcomings?
Thanks,
Richard
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MT4 was the winner and I think it still is... depends on what platform the brokers provide. MT5 started somewhere around 2010, but MQL5 was different and complicated for most people, so MT5 never got more popular than MT4. More than that, in MT5 we were only allowed to have 1 position per symbol. But not very long time ago they added "Use hedge in trading" option, so MT5 is now almost the same as MT4 in the way trades work. Also around that time they stopped developing MT4 anymore.
I'm not sure that those real ticks are really real. You know that in MT4 you can import history data from somewhere else, and you can import real ticks... but when you do that, you are using many gigabytes of data. Where are those gigabytes in MT5?
