MetaTrader 5, any time soon?
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Hi Scorpion
![]() Well, hope they will create new functions WITHOUT bugs, since they are not even able to make a reliable backtester.... ![]() Have a nice day, Scorpion, and btw, thanks for your Forex Calendar. Nice tool. DV :-D |
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I couldn't have said it better than De Vinci.
We need a reliable stable fast backtester with no bugs, maybe Metaquotes need some high quality Linux coders to do the real job for them If they can make it better then why don't they? They have enough money from brokers they licence the software to so why not employ better coders that also understand the importance of having an accurate system. You would think metaquotes were all about supporting market makers instead of traders, oh wait, they are, otherwise they would have put in ECN feed capability like some MT4 brokers now have. I like MT4 a lot. It is stable for me on the whole but has its bugs and strategy tester no longer works for me, it suddenly stopped working, all data is now flawed and false with wrong matched data and so many errors and overflow of balance allowed etc. it is now a junk feature for me. I have 90% modelling quality and up to date data directly from metaquotes so it is them to blame for this not me. No EA can be back tested by me anymore using MT4. ![]() Perfect timing too! Just as I am creating my own EA using a good manual trading system. Luckily my system relies on forward testing than back and seems consistent. it really does not need backtesting because all you need to do is use the indicators on the chart to see that the signal is accurate or not.I think we are like 35 years away from a reliable stable version of MT5. Keep working on this version before, unless you can make v5 better faster. ![]() ![]() Last edited by VSFX : 11-26-2007 at 05:32 PM. |
Backtester
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If you need a good reliable backtester welcome here: Forex Tester
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Quote:
A PROPHESY --- MT5 will report DIRECTLY back to Putin, instead of some newer KGB flunkie. It will be able to automatically ALTER your tp points and sl points to the GOOD of the broker or spreadbetter, and send out an automated message stating that YOU changed it, certainly not them ! It will read automatically when you open a new trade ticket, guessing correctly that you were about to close the trade and automatically reverse the trade by 90 pips, wiping you out when it hits your sl ! During ANY activity, it will automatically widen the spread from 2 pips to 25 when you open the trade ticket ! ANY successful EA will be copied and decompiled, then sold for 4000 euros on the open market ! LOL --- with each and every update of metatrader, you get one little "improvement" thing, and the "spy" portion of the program appears to be receiving more and more funding ! enjoy and trade well if metatrader allows it mp
__________________
Within the great hall at Elfinore stands a wondrous coffer, precisely four cubits square and securely latched against the outside world. Inside that repository, shut away from impertinent eyes, abides many an intriquing trading secret garnered from around the world and over the ages ! As a child, i used to watch from the darkness as the secrets were debated and annotated by the elders. No one there held a single thought of my presence -- BUT I KNOW WHERE THEY HID THE KEY !! |
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If they can make it better then why don't they? They have enough money from brokers they licence the software to so why not employ better coders that also understand the importance of having an accurate system. You would think metaquotes were all about supporting market makers instead of traders, oh wait, they are, otherwise they would have put in ECN feed capability like some MT4 brokers now have.

Perfect timing too! Just as I am creating my own EA using a good manual trading system. Luckily my system relies on forward testing than back and seems consistent. it really does not need backtesting because all you need to do is use the indicators on the chart to see that the signal is accurate or not.


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