Why are there differences between the spot gold trends and the gold price K-lines displayed by different companies' MT4 trading software?

Because those who use mt4 trading software will find that there are slight differences in prices. After the platform receives the quotation data, it needs to be processed by the platform provider's server, so the data resulting from different servers will be more or less different. Furthermore, the platform adoption time is also different, which ultimately leads to some The K-lines of the time period are also different.

1. Foreign exchange speculation is inseparable from trading software. Some people say it is MT4, others say it is MT5, and some people say that MT5 is an upgraded version of MT4. So is this true? This article will tell you Understand the differences between MT4 and MT5. First of all, both MT4 and MT5 are developed by the Russian company Metak. We can see from the introduction of MetaQuotes’ official website that the core slogan of MT4 is “the most popular foreign exchange trading platform”. Therefore, MT4 mainly targets the foreign exchange market. The introduction of MT5 on the official website is different. It supports a relatively wide range, including futures, stocks, bonds, etc. Therefore, the core slogan of MT5 on the official website is "the strongest trading platform for foreign exchange and financial markets".

2. The main differences between MT4 and MT5

1. Different support ranges. MT4 mainly focuses on foreign exchange transactions and supports CFD transactions; while MT5 supports a much wider range, including Stocks, futures, bonds and more.

2. Traders with different market depths can understand market liquidity through the market depth of MT5, which is more transparent and intuitive; MT4 does not have this.

3. Different order processing There are only two ways to process orders in MT4, either all transactions or all cancellations; while MT5 allows partial order processing.

4. Different ways to place orders. There are 4 common ways to place orders in MT4, including buy stop, sell stop, buy limit, and sell limit. There are 4 ways to place orders in MT5 in MT4. Stop-loss long orders and limit-price stop-loss short orders have been added. These two new pending order methods are to buy or sell at the set entry.

5. Different operating systems. MT4 was launched in 2004 and supports 32-bit operating systems and 4g memory operations; while MT5 was launched in 2010 and supports 64-bit operating systems and its computing speed is greatly increased.

6. Different technical indicators. MT4 technical analysis tools include 30 built-in indicators and provide 24 types of analysis objects to help traders better analyze price trends; while MT5 adds 8 new types on the basis of MT4. Technical indicators.

3. The above are the six major differences between MT4 and MT5. MT5 is not an upgraded version of MT4. They are actually different in many functions and target market positioning. There are big differences between the two. So how should investors choose between MT4 and MT5? If investors need to conduct a lot of backtesting offline, or want to trade the stock and commodity markets, then MT5 is a better choice. Otherwise, MT4 is a better choice. Of course, as the saying goes, everyone has his or her own preferences. Which one of MT4 and MT5 is better cannot be judged based on these few points alone. For traders, the same sentence will always be said, the best trading software is the one that suits them. of.