MetaTrader 5 – New Opportunities with MetaTrader 5
A little bit of history
As little as 5 years ago, the MetaTrader 4 terminal was officially presented to the traders, written completely from scratch and intending to replace the existing, and already popular, third generation terminal of MetaQuotes Software Corp. MetaTrader 4 quickly gained popularity among traders, and as a consequence, in the following years, hundreds of brokers began to provide their services on the MetaTrader 4 platform.
Despite this success, 3 years ago developers decided to create an informatory – trading platform of a new generation, and in November of 2009 the public testing of MetaTrader 5 had begun. We all tend to take a strong liking to the known and the familiar and take a cautious approach to changes. Traders are no exception to this behavior. Therefore we decided to help, all who desired, to understand the differences and advantages of the MetaTrader 5 platform in comparison to the well-known MetaTrader 4.
New markets and instruments
From the beginning, MetaTrader was intended to be a convenient and user friendly platform for trading on the Forex market. Today, it is difficult to even imagine that many years ago, in almost all other terminals, trade was conducted on demand, it was not possible to create your own technical indicators and trading robots, and opportunities for technical analysis were implemented more in words than actual actions. And so, traders who sold through other financial markets began to express a desire to sell through MetaTrader.
View full article at http://www.mql5.com/en/articles/84
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