MetaTrader 5 Optimizes Trading Infrastructure with Build 4730

Friday, 06/12/2024 | 11:43 GMT by Damian Chmiel
  • The latest update introduces enhanced mathematical functions and improved trading calculations.
  • The platform now displays position values in account deposit currency and features accelerated data processing.
MetaQuotes booth at FMLS:24
MetaQuotes booth at FMLS:24

MetaTrader 5 (MT5) has released Build 4730, introducing a few improvements to its trading platform , including expanded OpenBLAS support and optimized performance features. The update brings notable changes to value calculations and mathematical capabilities.

MetaTrader 5 Rolls Out Platform Update: Build 4739

MetaTrader 5 now calculates position, order, and deal values in the account deposit currency rather than the trading symbol's base currency. This change provides traders with clearer visibility of their actual exposure in their account's primary currency.

Source: MetaQuotes
Source: MetaQuotes

The terminal's tick data and price history unpacking processes have been accelerated, resulting in faster chart loading times. The platform has also resolved scaling issues for indicators in chart subwindows, particularly affecting oscillator displays.

The platform has also expanded its OpenBLAS support with nine new methods for matrix operations, including:

  • Enhanced eigenvalue calculations
  • Complex matrix operations
  • Symmetric matrix computations

OpenBLAS is a mathematics library that makes complex calculations run faster on computers. It specializes in linear algebraโ€”the math behind many scientific and engineering applications, particularly in machine learning and scientific computing. MetaQuotes added OpenBLAS in October when releasing Build 4620.

Python integration has been extended to support version 3.13, accessible through an upgradeable integration package. The platform has also addressed timer event handling issues in the MetaEditor environment.

MT5 to Surpass MT4 in Volume Rankings by 2025

The trading platform landscape is witnessing a historic shift as MetaTrader 5 finally approaches parity with its predecessor in trading volume. The platform has maintained its leadership position by capturing over 84.5% of trading volume distribution in late 20201.

However, the Finance Magnates Intelligence reports show MT4's dominance in CFD trading is steadily declining. Sylwester Majewski, the Head of the Intelligence Department at Finance Magnates, is predicting that MT5 is set to lead in volume rank by 2025.

Based on the current volumes, the forecasts show that in Q4 2025, MT5's market share should increase to 57% compared to 43% for MT4. Currently, the older platform is still in the lead, with a 56% market share.

In the meantime, MetaQuotes, the developer of MetaTrader 4 and MetaTrader 5, has announced an increase in licensing fees effective January 1, 2025. While the company has not disclosed specific details, industry sources anticipate a rise of at least 20%.

MetaTrader 5 (MT5) has released Build 4730, introducing a few improvements to its trading platform , including expanded OpenBLAS support and optimized performance features. The update brings notable changes to value calculations and mathematical capabilities.

MetaTrader 5 Rolls Out Platform Update: Build 4739

MetaTrader 5 now calculates position, order, and deal values in the account deposit currency rather than the trading symbol's base currency. This change provides traders with clearer visibility of their actual exposure in their account's primary currency.

Source: MetaQuotes
Source: MetaQuotes

The terminal's tick data and price history unpacking processes have been accelerated, resulting in faster chart loading times. The platform has also resolved scaling issues for indicators in chart subwindows, particularly affecting oscillator displays.

The platform has also expanded its OpenBLAS support with nine new methods for matrix operations, including:

  • Enhanced eigenvalue calculations
  • Complex matrix operations
  • Symmetric matrix computations

OpenBLAS is a mathematics library that makes complex calculations run faster on computers. It specializes in linear algebraโ€”the math behind many scientific and engineering applications, particularly in machine learning and scientific computing. MetaQuotes added OpenBLAS in October when releasing Build 4620.

Python integration has been extended to support version 3.13, accessible through an upgradeable integration package. The platform has also addressed timer event handling issues in the MetaEditor environment.

MT5 to Surpass MT4 in Volume Rankings by 2025

The trading platform landscape is witnessing a historic shift as MetaTrader 5 finally approaches parity with its predecessor in trading volume. The platform has maintained its leadership position by capturing over 84.5% of trading volume distribution in late 20201.

However, the Finance Magnates Intelligence reports show MT4's dominance in CFD trading is steadily declining. Sylwester Majewski, the Head of the Intelligence Department at Finance Magnates, is predicting that MT5 is set to lead in volume rank by 2025.

Based on the current volumes, the forecasts show that in Q4 2025, MT5's market share should increase to 57% compared to 43% for MT4. Currently, the older platform is still in the lead, with a 56% market share.

In the meantime, MetaQuotes, the developer of MetaTrader 4 and MetaTrader 5, has announced an increase in licensing fees effective January 1, 2025. While the company has not disclosed specific details, industry sources anticipate a rise of at least 20%.

About the Author: Damian Chmiel
Damian Chmiel
  • 2133 Articles
  • 60 Followers
About the Author: Damian Chmiel
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
  • 2133 Articles
  • 60 Followers

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