MT4 is a outdated platform. For forex it allows the broker to see your every move and trade against you (on spot forex).
It does not include real volume data. Only tick volume not actual contract volume.
You need futures forex contracts for that (you can combine them ie EUR/USD with /6e Volume together)
The programming language is limited - if we can think it we can do it in NT7.
We did use to have multiple platforms we programmed in. But the various platforms had limitations and could not keep up.
Also some had fees (ie tradestation)
Others where limited in instruments (ie mt4)
And then we have to multiple develop every line of code in every platform and provide customer service on all the platforms and their individual code.
This slows down development and drives up cost.
NT7 is free to use get free from brokers for live. Free data feeds etc… So it has no $$ entry barrier, has more power than mt4, and covers equities, futures and forex markets.
So we made the decision at this point to focus on NT7 to lower cost and speed up productivity and improve customer service. And eventually we will look to rolling out pieces to other platforms (those functions that those platforms can handle).
Sorry long answer short question but I hope it makes sense.
Darrell
