The development of the fifth version of the trading terminal started in 2007. It was conceived as a revolutionary, multi-market platform that can run on Forex, as well as on any other financial market. A lot of work has been done since then, and the result of it is the multiservice infrastructure that provides unlimited opportunities to traders.
This section contains the list of key differences between the fourth and fifth versions of the trading terminal.
New system of positions accounting, one-click trading, new order types, moving trading levels on charts and access to exchanges.
Increased the number of built-in indicators and technical analysis tools; the number of timeframes has also been increased up to 21.
Operation speed has been increased up to 20 times compared to MQL4, support for OOP and ability to develop very sophisticated programs, similarity to C++.
MQL5 Market application store having plenty of paid and free programs is implemented into the terminal.
Calendar of economic events displaying macroeconomic indicators directly in the terminal with the ability to display them on a chart. Any code published in Code Base can be downloaded directly via the terminal.
- Strategy Tester
The strategy tester is now a multi-currency, multi-threaded feature supporting MQL5 Cloud Network. Also, 3D visualization of test results has been implemented. A test report has become more detailed and more statistical values have been implemented.
Source code debugging, profiling, built-in version online MQL5 Storage, as well as MQL5 Wizard allowing users without any programming skills to generate ready-made Expert Advisors.