#MT4vsMT5

MT4 vs MT5 for gold trading — my honest take after 10 years: MT4 wins on: • EA ecosystem — 90% of gold EAs are MT4-only • Community support — more forums, more tutorials • Lower resource usage — runs on anything • Familiarity — you already know where everything is MT5 wins on: • Speed — 64-bit engine, faster backtesting • Depth of Market — see gold order flow • More timeframes — 21 vs 9 • Better order management — partial fills, stop limit orders My verdict: If you trade manually and use custom indicators, stay on MT4. If you're algorithmic or need DOM for gold futures, move to MT5. Both work fine for retail XAUUSD trading. The best platform is the one you're consistent on.

Switched to MT5 for XAUUSD trading 3 months ago. Here's what changed: Speed: Order execution is noticeably faster. Market execution with partial fills means I don't get slipped as much during news events. Depth of Market: Being able to see the order book for gold futures gives context that's invisible on MT4. When I see a wall at 1950, I know where the resistance really is. Timeframes: MT5 has more built-in timeframes which helps for multi-timeframe analysis without needing extra templates. Hedging: True hedging is native to MT5. On MT4 you need to enable it and it's clunky. The learning curve is real, especially if you've been on MT4 for years. But for active gold traders, the upgrade is worth it if your broker supports it. Anyone else made the switch? Thoughts?