MT4 Overtaking EasyLanguage?

[Tams 20]

MT4 overtaking EasyLanguage as the most popular programming language for trading ?

 

or has it already happened?

 

 

why the sudden popularity?

 

 

 

.

Edited August 5, 2009 by Tams

[sevensa 10]

MT4 overtaking EasyLanguage as the most popular programming language for trading ?

 

or has it already happened?

 

 

why the sudden popularity?

 

 

 

.

 

Probably because FX is getting so popular and most FX brokers user metatrader for their charting platform.

[zdo 20]

Yes, bcse "FX is getting so popular"

plus

bcse there are FAR FAR more C-like coders on the planet than there are Pascal-like coders

[Tams 20]

Yes, bcse "FX is getting so popular"

plus

bcse there are FAR FAR more C-like coders on the planet than there are Pascal-like coders

 

 

do you think the MT4 folks are doing much coding?

 

even TRO switched, the market must be B-I-G .

[zdo 20]

Tams,

 

From what I know of the situation TRO switched because of TS refusal to allow him his "Donations Accepted" distribution channel and not because of TS platform or EL.

Now that he has moved, he is probably glad - for 'language' reasons. It should be noted that he is also not your typical coder - far from it - he is a prolific outlier...

re: "do you think the MT4 folks are doing much coding?" Actually very few on the planet are doing that much coding in any language... especially on the automation front.

Also, in their present stages of 'evolution', MT4, etc. now have a much more open, 'pirate', sharing, communty than does TS...

Edited August 5, 2009 by zdo

[Trader333 10]

why the sudden popularity?

In my view:

 

1) Because MT4 is free and so is the programming language

2) The datafeeds that can be used with it are also free

3) Forex is one of the lowest cost instruments to start trading.

 

 

Paul