Siphumelele Mashiane 📉📊📈’s Post

Transcript

Eight was good. Everybody this **** man proposals and profit is not for professor but for. Graphics And yeah guys, today I'm basically here to discuss the difference between meta trader four and meta trader 5. So things most people don't know. About these platforms. Now let's go ahead and talk about it. 24 order types either then market execution. We have four of them guys. Number one is by limit #2 is sell, limit #3 is by stop and #4 is sell stop. I will not go into detail on what these things do and what they are. I just want to give you the comparisons between MT4 and T5 right now. Let's move on to the next one. M T5 order types either then market execution. We have two more that are added on top of the four that are already named. Which is buy stop limit and sell stop limit. Now as I said, I will not cover what these things actually do, but I'm just doing the comparisons between MT4 and MT5. Now let's move on to the next one. So Mt 4 technical indicators, which all you need to do to see them is go up there on your top right on tab and click on insert and then click on indicators. And then you'll see there's going to be a bunch of indicators there. Thirty of them to be exact. If you're going to count them from your moving averages to all sorts of those, right now, let's go into MT5MT5 technical indicators. Same place, just go on top right, insert indicators. But now there's 38, there's 38 of these technical indicators. So there's quite a few more to be exact, 8 ball that we have on this updated version, which is MT5. Now let's move on to the next one. MT4 has 31 graphical objects, which all you need to do is just go to your insert and you'll see them right there, which include your lines, your channels, your can, your Fibonacci, your shapes and arrows. But now since this is empty four and it has six of them, let's see what MT5 has for us. It has 38 graphical objects, guys, which is your line, your channels, your gain, your football. Patchy and Elliott shapes, graphical and also arrows. So now it gets a little bit more interesting and fun it depending on what type of. A market analyst you are. So now let us move on to the next one guys. MT4 has nine chart timeframes. This is literally the one minute, 5 minute, 15 minute, 30 minute, one hour, 4 hour daily, weekly. And last but not least, well, it is least monthly. So yeah guys, that's what we have as per the chart time frames and all you need to do is go. Up there in the top right and go to charts and then click on time frames and you'll be able to see them. Now let us look at Mt five. We have 21 chart timeframes, guys, 21 chart timeframes literally. So you can just go all the way up there, charts and time frames and you'll see it. We have 12345 and no, we do not have a seven. We have 6, but not 7. After six, we have 10 minute, 12 minute and etcetera guys we have. How much more time frames and you also have the two hour chart, the three hour chart like it is it. It is so much more AA candlesticks that you can actually kind of see when it comes to the meta Trader 5 platform. With that said, let us move into the next one. Mt 4 All in all has 33 analytical tools guys, which we just spoke spoke about. It has 33 analytical tools that you can use to analyze the market be the trend. Lions beat your Fibonaccis and stuff. It has 33 of them, right? And MT5 when we put them all together, it has 68. Analytical tools, guys. Guys, that is more than double because 33 + 33 is 66 and we have 68 analytical tools, so this is literally more than double. Shout out to the update guys on MT5. So yeah. And also the biggest thing that people don't understand is that empty Vault is built on 34 bit, Empty 5 is built on 64 bit. Now a lot of you might be asking what's the difference? So guys. The main difference between 32 bit and 64 bit in metaquotes is the way they handle memory. So it's like a child's memory and an adult's memory. So with 64 bit processors being able to access and manage much larger amounts of memory than 32 bit processes. As I say that look at the analogy that is made right here, 32 bit is like a baboon just hanging on trees and 64 bit is like a bull that is just. Ramming through everything that it wants to ram through. And if bull gives us beef at the same time, very prime beef. And it also doesn't just give us beef, but a bull gives us cows. I'm just kidding. Well, technically that's because the bull is the male. So yeah, they may not get into that. But anyway, hey guys. Yeah, 32 bit is basically low memory. 64 bit is high memory. So reason why they didn't want to clutter Mt four, it's because it's built. On 32 bit so you can only put so much into a kid this memory right? So it's better to just teach an older person. More advanced concepts. So now they saw that rather than translating meta trader 4 into 64 bit, they'd rather just build meta trader 5 to 64 bit so that all the updates are going to come within it. So it's unlikely for us to see a Meditator 6 unless it's going to be built in a higher bit rate, which technically. We really don't kind of have, but we might see. We don't know what the future holds for us. So yeah, guys, now let us move into the next slide. So in meta trader four guys you have hedging, that's all you have and meta trader five, you have hedging and netting. So few people understand the difference between this, but a lot of them actually do this. So what's the difference guys? So position hedging is a risk management strategy used to reduce potential losses or gains, while netting is a process of offsetting the value of multiple positions or payments. Understanding these concepts is so essential for traders and investors seeking to manage risk and optimize their retains. We will speak in deeper depth in on these subjects. Maybe I'll just do, you know, a little video just like as I always do about this specifically so that you guys can understand in in in practical terms, in case you don't understand this theory on what hedging and the netting is. So yeah, guys. And lastly, Meta trader 5. Has a built in economic calendar. You don't need to go to forex factory. You don't need to go to investing.com or any of those websites if you do not want to. You can literally just view it. On your empty 5 and all you need to do is go to view down there up there. Click on the toolbox and then the toolbox will show up on the bottom of your screen and then look for calendar right there. And then click on calendar, and then you'll see your calendar. And you can also adjust your filters and all sorts of things just like how you can do it on Forex Factory and all these other platforms. So yeah, guys, this is so beautiful because MT4 doesn't have this feature, right? It doesn't have this feature at all. So this is a beautiful update that MT5 has for us. So yeah guys, with that. Said before I close this off empty 4 platform right this platform is really the backbone of a lot of trades traders as it is the only one that most beginners and experts use a lot of people are just comfortable with it. They really don't care about the updates that empty five has but now seeing that there's a lot of coders there's a lot of different types of of market analysts that's fundamentalists they might those people might prefer Mt 5 so when metal quotes. Started implementing a newer way to code indicators and optimized processing. They figured it would be much easier to create Mt five 164 bit so it can handle updates easier. Than it is on 32 bit, which is MT4. As I said in the beginning, guys, I don't think I did say it, but yeah, here's a disclaimer. There's much more to this platform, much, much more guys. And I will do a thorough breakdown of more functions in the future. So do not hang me guys, because there's a lot to go through when it comes to these platforms. I mean, they wrote class for a reason. So yeah guys, Metal quotes. This platform is so futuristic, many do not understand the potential it carries and the advancement that goes into creating such a platform and updating such a platform. So yeah, guys, with that said, we have come at the end to the end of this video, so thanks for watching. Make sure you hit that subscribe button. And yeah, my plan was to keep it below 10 minutes and that's exactly what I did. With that said, guys, this shaman professions and professor, Professor, but for graphics.