Why do so many people use MT4? - Page 2
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Thread: Why do so many people use MT4?

  1. #11
    I'm glad I'm not the only on that thinks MT4 is clunky and complied. It is a lightweight appliion, that is accurate, but it takes too much work IMO to get it to do just what you would like it to perform (that is if it's even possible at all) and to me which takes off from my primary goal that's trading. I feel like with MT4, I spend time researching where to get that and this EA to perform basic things.

  2. #12
    Quote Originally Posted by ;
    The problem with mt4 is with the various plug ins you can get to'scam' clients. Together with the slippages plug-in that is arbitrary you'd not have any idea you're being scammed. I enjoy mt4 except to trade profitably ctrader provides a chance.
    LOL. Don't be naive. If you do not like how a broker prices and implements, move on. These plug ins may be custom such as ctrader. Small slippage should not affect your ability to trade profitably.

    MT is a fairly good charting platform with automation plus a ton of indies (scripts). Trading ports have been marginally improved over time, but I understand there are which help make it more favorable.

  3. #13
    My take on why so many traders use MT4 is as it's provided by brokers. I stuck with that and started my trading career on MT4. It could be familiarity.

  4. #14
    I think MT4 is utilized trading platform on earth. There are also many platforms where traders can perform trading. I like MT4 since it isn't hard to comprehend, user friendly and using all necessary tools utilized in trading. I feel comfortable with MT4, tried trading that is mobile also but MT4 is best for many reasons.

  5. #15
    IMHO the success of Metatrader is because of a man called CODERS GURU.

    He wrote a very simple to understand tutorial about the best way to code in MQL4.

    Due to his tutorial Metatrader has got the easiest coding language in the industry.

    Even in the event that you can not quite signal something from the ground up, you can at least get what is out there and change it to do exactly what you need.

    That gave birth to a military of thousands of coders.

    People go where the tools are.

    I exchange with a few brokers but I don't even get their chart bundles.

    Brokers come and go in my order placing laptop, but my 8 screen setup with tools I'm comfortable and need stays the same using metatrader.

  6. #16
    Quote Originally Posted by ;
    IMHO the success of Metatrader is because of a guy called CODERS GURU. He wrote an extremely simple to understand tutorial. Due to his tutorial Metatrader has the simplest coding language in the business. You can at least get what's out there and change it to do exactly what you need, even if you can not quite signal something from the ground up. That gave birth. People go where the tools are. I trade with a few brokers but I don't even touch their chart bundles. Brokers come and go in my order putting notebook,...
    Indeed.

    Why would one even care? Are they to the success that is replie?

  7. #17
    I enjoy MT4 but that I heard order implementation may be slower at MT4. Not positive if it's authentic. Anyway, even prime broker LMAX supports MT4...

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