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MQL5 & New Metatrader 5 Trading Platform

The new platform, MetaTrader 5, has been developed for a number of months now. A new language for programming of trading strategies, MQL5, has been written, too. Stanislav Starikov (stringo), the leading developer of the language, tells in his interview about special features of MQL5 and about how it differs from MQL4.
Follow the development of Metatrader 5 and  it's nearby release date at the following web links below and by visiting what will become the future web site www.mql5.com .

We at MTL (www.MetatraderLibrary.com) are already in the process of developing under the new Metatrader 5 coding language, in order to convert the most popular of Metatrader indicators and experts under the new coding language. Metatrader 5 Indicators and Expert Advisors will be available here as they become ready and available. It is said that the Metatrader 4 trading platform will no go into non existence for quite some time. It would be devastating for Metaquotes' business as a leading trade platform and chart provider to quickly eliminate it's current coding language, so there really is no need for worry or panic. I would expect MQL5 to slowly take it's own


course as the primary coding language as more and more code developers begin developing under the new language on their own accord. Time and popularity should be what puts the old coding language on the trading shelf and not a result of elimination from Metaquotes itself.

Metatrader 5 Platform News
Metatrader 5 Platform Download



Latest MT5 News (Metatrader 5 adds options, stocks and futures trading)

Metatrader 5 is approaching completion and by autumn of 2009, the platform is expected to be released. Beta testing of this new client terminal and MQL5 development environment started in the summer of 2009. The trading system of the MetaTrader 5 terminal was re-written from scratch, as well as the whole platform. As compared to MetaTrader 4, trading possibilities of the new terminal are much wider. First of all, the MetaTrader 5 terminal allows working in various markets. Directly from the terminal you will be able both to execute trading operation in Forex and work with options, futures and stocks.

Preview of Metatrader 5 new platform:
New Metatrader 5 platform preview

 


New MetaEditor 5 uses a C++ progamming language approach

The MQL5 language for programming trading strategies is distinct for high speed of execution and approaches C++ in terms of this parameter. As compared to MQL4, the new language is 4-20 times quicker. This allows using more complex Expert Advisors able to process large amounts of data per time unit and therefore obtain more precise forecasts of price dynamics. Besides, the new language is object-oriented which makes the development of Expert Advisors quicker and easier.

Preview of MetaEditor 5:
New Metateditor 5 preview

 


Official MetaTrader 5 web site

For more information about Metatrader 5, actual release dates, forum and inquiries...the following sites are recommended for review.



Metatrader 5 Official Forum
Metatrader 5 Official Web Site






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Disclaimer: This list of Metatrader indicators and Metatrader expert advisors have been created by their copyright owners and are free for personal non-commercial use only. You agree by downloading not to sell these files or modify the copyright information found within. All files and content within this site are use at your own risk! Neither MetaTraderLibrary nor the creators of it's files grant you any promise of earnings or otherwise. Read our usage agreement and government disclaimer before downloading files or using any claim, product or representation contained here in. Some files listed on our web site may be outdated. There is no guarantee of their working condition. Trading currencies is high risk, and comes with high expectations that you will most likely lose money. This is neither a solicitation nor an offer to Buy/Sell futures, options or forex (foreign currency exchange). No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. Our suggestion is to only trade what you can afford to lose and become educated before applying real money. If you are really serious about trading, INO TV is a great place to start and it's free.

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