Should i upgrade my EA to MT5

[shanmugapradeep]

Hello,

I have an EA for MT4. Is there any advantage in algo trading with MetaTrader 5 instead of MetaTrader 4? Based on your advice, I will decide whether to convert my EA from MT4 to MT5. If there is no significant difference between MT4 and MT5, I will continue with MT4.

 

[Enivid]

The biggest benefit of MT5 is being able to backtest the EA on real ticks data. If you don't need this, MT4 should be just as fine.