“I have enjoyed working with the MT5 for many years. The fact that AMP offers the MT5 was one of the reasons why I chose AMP. In particular, the Stereotrader add-on for MT5 is a great tool that, in my opinion, is on a par with other platforms. I would be very happy if AMP would also release the other add on tools for MT5 - because they facilitate chart analysis and order execution. I especially like to use the tool for the high and lows, which displays all high and lows from monthly, weekly, daily, hourly on the chart. I also use the tool for the pivatos (monthly, weekly, daily, hourly, M30, etc) on a daily basis. Whenever I trade somewhere, I always use MT5 if it is available. I also do all my analysis on MT5. In short: I am an absolute MT5 fan
Translated with DeepL.com (free version)”
“I preferred the coding in MT4 but there is plenty of documentation and help for MQL code in MT5. I find this much easier than most other C++ type platforms. Yes, it takes some work, but I like being able to create my own trade managers and knowing exactly what is happening. I also like the ease of adding a Stop and Target directly to an order rather than creating a separate Strategy to manage a trade, and the ability to drag Stops and Targets directly on the chart. I have struggled trying to learn other trading platforms, maybe because I am so used to Meta Trader, but it just seems easier to use.
Not 5 stars because this broker has a separate department to handle MT5 and sometimes you have to contact them to add the next trading month.”
“I think Meta Trader 5 is a great simple platform that has everything I need and is very easy to use and the fact that there is also an app is also very helpful. This is my honest personal opinion”
“Very good platform, especially for people with C++ experience. Happy with it, below is a list with areas which could be improved
The APIs and the backtesting approach for indicators and robots seems a bit strange at first, buy it's very powerful. Kudos!
Charting is a but outdated - compared to newer technologies, like tradingview. In more details: more color schemes is nice to have, volume histograms are drawn in a strange, non-intuitive way.
Providing high-quality tick data for backtesting would be ideal.
The back tester seems to work properly only in tick by tick mode. It takes significant amount of time on each start each time when the expert is re-built even without changes to timeframe and symbol. Seems like more caching can help to speed up iteration.
C++ standard supports key word for logical operators. Like "or" instead of "||". Nice to have this in MQL too.
Migrating the code editor to VS code or some other modern technology will improve productivity significantly. It would be ideal to be able to open the project in vscode and do all editing only with vscode linter support and use the MQL editor only in the final stages to build the robot. Or just use vscode for everything. :)”
