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    Thread: NO much diffetences BETWEEN MT4 and MT5

    1. #21
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      Quote Originally Posted by moneygrows     
      Yes it is. Not only we have to stop relying on all the custom indicator and expert advisors created for metratrader 4, we also need to change the way we trade. Im not sure if offshore brokers can disabled the FIFO rule with metratrader 5. If they can then less problem to most of us
      Most of the indicator are not reliable they work after market movement and it is very dangerous for trader to be using such indicator hence few indicator are very good they give signal though are no 100% accuracy, therefore trader should not rely on using indicator rather than do personal anlysid.I can see eurusd in down trend


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      moneygrows (09-19-2018), MT5 bozZdeviL (09-20-2018)

    3. #22
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      I think no one indicator can give us signal 100% accurate, even for expert trader who are really expert to make an analysis.


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    5. #23
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      I agree with you, until now i never seen a trader who claim can show they indicator that given signal 100% accurate.


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    7. #24
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      I dont understand why people keep saying indicator giving signal. Indicator is not for giving signal, it is to help traders analyze the chart via technical analysis better.


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      MajidAli (11-24-2018), MT5 bozZdeviL (09-20-2018), ralph (01-25-2019), Unregistered (2)

    9. #25
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      Ah, looks like expert technical is come here to given us a good suggestion!

      Its called a signal is when you found a trader or signal provider who said, Open position on ... at this price ... at time ... for reason or because of ...
      That is the signal.
      Indicator is a tool that can provide information to traders by mapping the market conditions in the past and regarding the current market conditions and predicting the subsequent market conditions so that it is easier for traders to determine the right open positions.


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    11. #26
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      Default Re: NO much diffetences BETWEEN MT4 and MT5

      Quote Originally Posted by moneygrows     
      I dont understand why people keep saying indicator giving signal. Indicator is not for giving signal, it is to help traders analyze the chart via technical analysis better.
      Yes dear, you are right it's really a bad thinking of traders that we can do trade successfully by following any indicator. But in real means we are use indicators to make proper analysis as you already say. But, I am not believe on any indicator analysis I am focus on price action which is the clean and easy way to make proper analysis with big reward ratio.


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      ralph (01-25-2019)

    13. #27
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      Quote Originally Posted by MajidAli     
      Yes dear, you are right it's really a bad thinking of traders that we can do trade successfully by following any indicator. But in real means we are use indicators to make proper analysis as you already say. But, I am not believe on any indicator analysis I am focus on price action which is the clean and easy way to make proper analysis with big reward ratio.
      There is no difference between metatrader 4 and 5 but for EA builders they will face big differences. About indicator, no one indicator will give you 100% correct trading signal, as we know that is because indicator only read the past chart history.


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      ralph (01-25-2019)

    15. #28
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      Default Re: NO much diffetences BETWEEN MT4 and MT5

      There is the differences between metatrader 4 and metatrader 5.
      If you know it, then you are expert trader. Only few trader know this the differences.


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      ralph (01-25-2019)

    17. #29
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      MT4 is designed to accept 4 types of pending orders. This includes buy limit, buy stop, sell limit and sell stop.

      MT5 can handle 6 types of pending orders. Additional types of pending orders are buy stop limits and sell stop limits.
      This feature allows traders to buy or sell positions when prices pass the requested entry point, and also determine the price they want to enter to open a trade.


    18. #30
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      Default Re: NO much diffetences BETWEEN MT4 and MT5

      The Depth of Market is an important and useful tool for traders, allowing them to understand the liquidity available on the market at each price point and give them extra transparency and market visibility. This feature is offered on newer MT5 platforms, but not on MT4.


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