Altcoins Talks - Cryptocurrency Forum
Further Discussions => Trading (Not crypto) => Topic started by: Shawn Ed on September 25, 2024, 09:42:33 AM
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1. Beleaf technologies forex trading software
2. Meta Trader 4 software
3. Meta Trader 5 Software
4. WallStreet Forex Robot
5. Forex Flex EA
Do research on your own on google and try to use every software and choose the one which fits for you.
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@OP, which of them do you use? Recommendations are not just okay to give without any form of proof that what you are recommending has worked for you before.
Any trader who has focused on personal developments and learning in this year 2024 will be better in 2025, but any trader who will focus on automated trading in 2024 will not record as much progress in knowledge as someone who dedicated time to learning in this year.
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I only know of MetaTrader 4 and MetaTrader 5. The later has more features than the former as it looks like the updated version of it. But I still see people continue using the MetaTrader 4 alongside the MetaTrader 5. It could be there are some distinct features in them that makes them want to use the two. I haven’t used MetaTrader 4 before but MetaTrader 5 and it works very well.
Talking about automated trading, I haven’t come across anything like that in these apps but I won’t disregard any claim that they might be an automation in them as technology keeps advancing. I would still rather learn and be better in trading than using anything like that for my trading. If you’ve tried them out before, which one works best for you and what are your reasons for that even though I’m not a fan of it.
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It could be there are some distinct features in them that makes them want to use the two. I haven’t used MetaTrader 4 before but MetaTrader 5 and it works very well.
Based on an article that I've read, it seems like the difference lies in the targeted market, educational resources, ease of access, community support, and so on[1]. If you stick with forex and have dedicated tools/community around it, sticking with MetaTrader 4 is probably a good choice. If you want something modern with more advanced tools then MT5 is probably the better option. CMIIW.
I think OP can improve this thread by using articles like this easily.
[1] https://hmarkets.com/metatrader-4-vs-metatrader-5/