Hi,
I am looking for cheap solution just to test basic trading ideas for the FX market. I don’t need the platform for trading. As I am a newbie in programming I need to know which platform is better for my purpose and so what language (C# or C++) I’ll have to learn.
The timeframes I’d like to test are daily, 4h and scalps off a 15min chart (about 15-20 pips). Currently I prefer somewhat Ninja because I saw that there are better market profile indicators available than for Metatrader.
What are the differences and pros and cons for each platform? I’ve read MT isn’t that great for backtesting, especially for smaller timeframes. Does this affect NT too? Is MT5 better than MT4 for backtesting?
Thanks in advance!
Chandsen
I am looking for cheap solution just to test basic trading ideas for the FX market. I don’t need the platform for trading. As I am a newbie in programming I need to know which platform is better for my purpose and so what language (C# or C++) I’ll have to learn.
The timeframes I’d like to test are daily, 4h and scalps off a 15min chart (about 15-20 pips). Currently I prefer somewhat Ninja because I saw that there are better market profile indicators available than for Metatrader.
What are the differences and pros and cons for each platform? I’ve read MT isn’t that great for backtesting, especially for smaller timeframes. Does this affect NT too? Is MT5 better than MT4 for backtesting?
Thanks in advance!
Chandsen
