Evidence before automation

MT4 vs MT5 for Expert Advisors

Both MetaTrader 4 and MetaTrader 5 support Expert Advisors. The correct choice depends on the EA you intend to run, broker/platform availability, testing needs and whether the vendor supplies the appropriate build.

Risk note: Automated trading can lose money. Historical or simulated performance does not guarantee future results.

Start with compatibility

Confirm that the EA package explicitly supports your chosen platform. MT4 and MT5 use different program formats, so an EA build is not interchangeable simply because both products are called MetaTrader.

Testing matters

MetaTrader 5 includes Strategy Tester functionality for backtesting and forward testing. Whatever platform you use, document your assumptions and avoid treating optimized historical results as future expectations.

Continue your research