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MetaTrader 5 Beta Testing Period

October 13, 2009 (Last updated on October 22, 2009) by

MetaQuotes Software Corp., the developer of the MetaTrader software series announced yesterday an open beta testing for its new long-awaited product — MetaTrader 5 terminal. It’s a great event for many Forex traders, indicator and EA developers, Forex brokers and other currency market participants that will be benefiting from this new MT5 trading platform. The MetaTrader 5 terminal can now be freely downloaded by anyone:

MetaQuotes suggests testing new and old features of the MetaTrader 5 client and report all bugs and suggestions to them (they’ve set up a special forum for this). For the beta testing period, MT5 gets only English language interface, which shouldn’t be a problem for the majority of the traders. Currently, the terminal lacks the strategy tester tool, it has only Forex pairs for trading (no CFD or futures) and not all new features are implemented — they will be added step-by-step. The planned term for the MetaTrader 5 beta testing period is 5–6 months. The server-side terminal software for the Forex brokers will soon be also released for a more flexible and on-the-field testing.

The platform already incorporates MQL5 Editor for the developers with a lot of new features and possibilities for the development of the indicators, expert advisors and all types of helpful scripts for the Forex traders. Unfortunately, I couldn’t find a way to make it compile indicators or EAs written in MQL4. I guess that some developers will have a lot of work to do to convert their code from MetaTrader 4 to MetaTrader 5.

You can share your experience from using the MetaTrader 5 beta and ask your questions about it, using the commentary form below.

3 Responses to “MetaTrader 5 Beta Testing Period”

  1. Atosark

    It also requires a CPU with SSE2 support, which excludes me as a possible user.
    That sucks.


  2. Atosark

    I guess that might be a problem for MANY other people as well, who use old machines.
    The authors of the problem should code a SSE1 workaround as well.


    Andrei Reply:

    Hmmm… As far as I know, SSE2 is included into all processors since 2003 at least. But that still sucks that they don’t let the owners of the old PC use their new platform.


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