Comparison of MetaTrader 5 (MT5) and MetaTrader 4 (MT4)
|MetaTrader 5||MetaTrader 4|
Since it is a 64-bit specification, the operation is light because the CPU and memory functions of the personal computer can be fully utilized.
Because it is a 32-bit specification, it is not possible to make the best use of the functions of the personal computer, and the operation is heavy.
|Technical Indicators||38 types||30 types|
1-minute (M1), 2-minute (M2), 3-minute (M3), 4-minute (M4), 5-minute (M5), 6-minute (M6), 10-minute (M10), 12 Minute bar (M12), 15 minute bar (M15), 20 minute bar (M20), 30 minute bar (M30), 1 hour bar (H1), 2 hour bar (H2), 3 hour bar (H3), 4 hours Bar (H4), 6-hour bar (H6), 8-hour bar (H8), 12-hour bar (H12), daily bar (D1), weekly bar (W1), monthly bar (MN)
1 minute (M1), 5 minutes (M5), 15 minutes (M15), 30 minutes (M30), 1 hour (H1), 4 hours (H4), daily (D1), weekly (W1), monthly (MN)
It is possible to create your own or commercially available indicators and automatic trading programs (EA)
You can create your own indicator, automatic trading program (EA)
|Economic Calendar||The announcement time of economic indicators can be displayed on the chart.||Install an external indicator separately.|
|Depth of Market||Yes||No|
|Reports||Charts (HTML5) + tables||Tables only|
|Supported Markets||Forex / Futures / Options / Stocks / Bonds||Forex|
Features of MetaTrader 5 (MT5)
- A comfortable trading environment can be built by minor upgrades. In addition, MT5 is still being updated and evolving.
- Upgraded to 64-bit specifications, significantly improved backtesting time.
- Details and prize board added to the quote display. In the details, you can quickly check the high and low prices of the brand, and you can order with one click on the prize board.
- The navigator can now be organized by folders. By dividing the indicators into folders, it is possible to reduce the time and effort required to find the indicators by half.
- You can move the chart out of MT5 by right-clicking on the chart and clicking Docking. This makes it easier to check the chart while doing other work.