MetaQuotes, the fintech firm behind MetaTrader 5 (MT5), launched a new beta version of the platform, build 4540, on September 13, 2024.
MetaQuotes released a new beta version (build 4540) of its MetaTrader 5 (MT5) platform on September 13, 2024, introducing several key updates and improvements.
Notable features include a crosshair tool for precise chart analysis, a new line chart based on bar closing prices, and improved functionality for mobile users, such as additional columns in the Market Watch section.
The update also expands hotkey options and improves machine learning capabilities in MQL5, integrating OpenBLAS for matrix computations and enhanced ONNX Runtime support. Bug fixes and performance improvements, including faster platform loading and better data security, are also part of the release.
Key highlights of this include:
To access the beta version, users can go to “Help \ Check Desktop Updates \ Latest Beta Version.”
Here is what it means for users.
The new crosshair mode allows traders to access more accurate data points on their charts. By easily measuring distances between two points on a chart and viewing exact values, users can make more informed trading decisions.
For traders on the go, the mobile version of MT5 now lets users display more data in the Market Watch section, adding extra columns to view more detailed market information. This makes it easier to monitor and react to market changes from a mobile device.
The expanded hotkey options allow for faster and more efficient chart navigation. Traders can now quickly scroll through charts, jump to specific points in time, and make adjustments with just a few keystrokes, speeding up their analysis.
Algorithmic traders using MQL5 can now leverage more advanced machine learning functions, including better matrix computation with OpenBLAS and enhanced ONNX Runtime support. This makes it easier to run more sophisticated neural models, improving the potential for predictive analytics.
Bug fixes related to excessive RAM usage and improved data security enhance overall platform stability and performance. Additionally, faster loading times mean traders can get into their platforms quicker and start trading without delays.
MetaQuotes is a leading software company specializing in developing platforms for financial markets. The company has two popular trading platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5). MetaQuotes has a global reach with clients in over 150 countries.
Looking ahead, MetaQuotes is well-positioned to drive further innovation in trading technology. A stronger focus on mobile functionality and cloud-based services could cater to the growing demand for flexible, on-the-go trading solutions. Additionally, partnerships with fintech firms and deeper integration of blockchain technologies may open new opportunities for decentralized trading systems for the company.
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