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Which version of MQL (MQL4 or MQL5) is more suitable for optimizing cryptocurrency trading algorithms?

avatarSajal SharmaDec 25, 2021 · 3 years ago1 answers

When it comes to optimizing cryptocurrency trading algorithms, which version of MQL, MQL4 or MQL5, is more suitable? What are the key differences between the two versions in terms of their features, capabilities, and performance? How do these differences impact the optimization process for cryptocurrency trading algorithms?

Which version of MQL (MQL4 or MQL5) is more suitable for optimizing cryptocurrency trading algorithms?
MQL4
MQL5
Cryptocurrency Trading Algorithms

1 answers

  • avatarDec 25, 2021 · 3 years ago
    When it comes to optimizing cryptocurrency trading algorithms, both MQL4 and MQL5 have their strengths and weaknesses. MQL4 is a well-established version with a large user base and extensive documentation. It offers a wide range of built-in functions and indicators, making it easier to develop and optimize trading algorithms. MQL5, on the other hand, introduces several improvements and new features that can enhance the optimization process. It allows for multi-threading, which can significantly improve the performance of complex algorithms. However, MQL5 has a steeper learning curve and a smaller community compared to MQL4. It may take more time and effort to fully utilize the advanced features of MQL5. Ultimately, the choice between MQL4 and MQL5 depends on your specific requirements, trading strategy, and level of expertise.

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