“Needs a major overhaul with their indicators to keep up with other platforms. Doesn't have a VWAP doesn't have volume profile. It gives a clean chart for indices and forex but not for Bonds Treasury Notes and commodities. Can't bracket orders and set stop losses quickly. I can go on and on ya'll tighten up with this platform”
“Runs with Linux (under wine). I can copy the folder and run multiple instances concurrently (if I wanted to). I can program & use my own Indicators and Experts, which I did, for example automatically adding a limit order as a take profit or showing a pivot point based super trend indicator. Quotes are real time and usable. In my market overwiew I look at 12 single chars concurrently, all in a single window. Hope the system remains as stable and reliable as it did the last years.”
“**Pros of MT5:** Good MT5, reliable, easy to use, all necessary indicators are available for free. Good backtesting feature.
**Cons of MT5:** The basic MT5 is slow for trading, not suitable for day trading, and clunky to use; it requires add-ons. The appearance is outdated, and hardcoded time settings and other issues complicate and clutter the experience.
I recommend installing the Stereotrader add-on, which makes MT5 usable and modern, and it works well for fast trading.”
“It is a very stable and reliable platform. I have used it for 5 years and like it very much. There are many indicators available for it and it is easy to use.”
“Especially with mes, mnq, eph and enq, the price line does not match the candlestick chart. I find this very dangerous because the visual perception is disturbed. Only in the case of ym does the price line run quite precisely with the candlestick. Why is that?”
