Trades on MT4 and MT5

[Galata]

Hello,

I'm contacting you guys for a little question.
For the optimum version, is normal that the trades that the ea takes on Mt4 are different compared to Mt5 ?
I have the impression that the Mt4 is more reactive than Mt5 version.
What you think about it ?

Thanks in advance,

 

[Methadone]

isnt it the other way around if i check MT5 product review? Can anyone who use both of it can confirm?

 

[N1lz]

Yes, you're right. MT4 has more (and better) trades then MT5

- N1lz

 

[mahen46]

what broker do you use?

 

[gfsanita]

Yes, you're right. MT4 has more (and better) trades then MT5

- N1lz

Friend, which Broker do you use to succeed with MT4? Thank you very much in advance.

 

[Ameer]

use the Optimum MT4 version, transactions are made without any problems, broker Tickmill, ping is minimal, spreads are small

 

[kuanyee8383]

use the Optimum MT4 version, transactions are made without any problems, broker Tickmill, ping is minimal, spreads are small

on your demo account?

 

[Ameer]

recently I've been working with a licensed version of ELM that my cousin bought. Of course, I'm not a pro in trading, but so far I don't see the difference between Tickmill demo and Tickmill Real, the only thing that confuses me is the smaller number of transactions on a real account.

 

[mbusacca]

use the Optimum MT4 version, transactions are made without any problems, broker Tickmill, ping is minimal, spreads are small

Use demo or real account?

 

[PCryptor]

Hello,

I'm contacting you guys for a little question.
For the optimum version, is normal that the trades that the ea takes on Mt4 are different compared to Mt5 ?
I have the impression that the Mt4 is more reactive than Mt5 version.
What you think about it ?

Thanks in advance,

I use to think that MT4 was better than MT5, but after many many tests on many different brokers, I can say that it's all depend on the Broker ! Some broker may have better spread on MT4 than MT5, different server latency, different execution....for example, on some broker MT5 was giving me more wins than MT4.

So the only way to know is to compare both for the same broker, then you'll know.

 

[Ameer]

Use demo or real account?

Use Demo

 

[Tripp]

I also think that ELM_EA is preferable to use with MT5. The main thing, as I understand it, that there were stable trading conditions at the broker and was a VPS with minimal ping to the broker's server. When I read the forum this week I found a lot of users that speak highly of working with Elon and earn real money on MT5 and I think that's not just because of this, so I'm going to buy this version next month.

 

[moondogg]

Dear, could you share your experience with ELM_EA with me? If it's not a secret, who is your broker? What is your ping? From your message, I have already learned important information for myself that MT5 is better than MT4 for trading. I will be grateful to you for your answer!

 

[Kamran razzaq]

Having a low ping to the broker solves the biggest issue so then the EA only has to deal with slippage if any but with trade reverse that put that out of the equation

 

[Rainis]

Having a low ping to the broker solves the biggest issue so then the EA only has to deal with slippage if any but with trade reverse that put that out of the equation

yes, you are right, the Trade Reverse parameter sometimes helps a lot in dealing with slippage, so when I work in scalping mode, I translate this value into "true"

 

[Saja AbuGharbieh]

What best configuration you use with Tickmill broker can you advice to be profitable

 

[Rainis]

You can download this set file using this link - https://globalforexforum.com/resources/elm_scalipng_set-set.57/

Pay attention to the description of the set file to better understand how it works.