How does MQL5 compare to MQL4 for developing trading strategies in the cryptocurrency market?

1 answers

• Devine DyhrDec 03, 2020 · 5 years ago
  MQL5 and MQL4 are both popular choices for developing trading strategies in the cryptocurrency market. MQL5, being the newer version, offers more advanced features and capabilities compared to MQL4. It provides better support for object-oriented programming, multi-threading, and event-driven programming, which can greatly enhance the effectiveness and performance of trading strategies. However, MQL4 still has a strong presence in the market and is widely used by traders. It is considered to be more beginner-friendly and easier to learn, making it a good choice for those who are new to algorithmic trading. Both MQL5 and MQL4 have their own strengths and weaknesses, and the choice between the two ultimately depends on the trader's specific requirements and preferences.
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