Introduction

In the rapidly evolving landscape of DeFi, having the right trading platform is crucial. Both MT4 and MT5 have made significant contributions to traditional forex trading, and their utility extends into the realm of DeFi. This blog will provide an in-depth comparison of MT4 vs MT5, helping you make informed decisions about which platform aligns best with your DeFi investment strategies.

We’ll begin by giving an overview of both platforms, highlighting their distinct features, and then move on to their specific applications within DeFi trading. You’ll discover the advantages each platform offers to DeFi investors and learn how to choose between them based on your unique needs. Let’s get started!

Overview of MT4 and MT5

What is MT4?

MetaTrader 4, often referred to as MT4, is a popular online trading platform developed by MetaQuotes Software. Launched in 2005, it quickly became the go-to platform for forex traders due to its user-friendly interface and robust functionality. MT4 offers comprehensive tools for analyzing financial markets, running trading algorithms, and managing trades.

Initially designed for forex trading, MT4 supports various asset types, including futures and options. Its popularity stems from its simplicity, extensive customization options, and a vast library of third-party plugins. These features make MT4 particularly appealing to traders looking for a straightforward yet powerful trading solution.

What is MT5?

MetaTrader 5, or MT5, is the successor to MT4, launched in 2010. It was developed to enhance the features available in MT4 and expand the platform’s capabilities for multi-asset trading. Unlike its predecessor, MT5 offers a more sophisticated environment, catering to the needs of traders looking to diversify their portfolios beyond just forex trading.

MT5’s enhanced offerings include additional timeframes, more technical indicators, and advanced order types. This makes it suitable for traders looking to employ more complex trading strategies. Furthermore, MT5’s compatibility with exchange-traded instruments like stocks and futures makes it a preferred choice for investors seeking broader market access.

Key Differences Between MT4 and MT5

While both MT4 and MT5 are powerful trading platforms, they differ in several key ways:

1. Architecture:

• MT4 is designed for single-threaded operations, whereas MT5 utilizes a multi-threaded architecture. This difference allows MT5 to process orders more efficiently.

2. Order Types:

• MT5 supports more complex order types, such as Buy Stop Limit and Sell Stop Limit, providing traders with more flexibility.

3. Technical Indicators:

• MT5 offers 38 technical indicators compared to MT4’s 30, allowing for more comprehensive market analysis.

4. Programming Language:

• MT4 uses MQL4 programming language, ideal for developing simpler trading scripts. MT5 uses MQL5, which supports a wider range of trading functions and enhanced backtesting capabilities.

5. Market Access:

• MT5 is designed for trading additional asset classes, including stocks, commodities, and futures, while MT4 is primarily focused on forex trading.

Understanding these differences is crucial for DeFi investors as they consider which platform best suits their trading style and goals.

Features of MT4 for DeFi Trading

Custom Indicators and Tools

One of MT4’s standout features is its support for custom indicators and tools, which plays a crucial role in forex risk management. Traders can develop their own indicators using MQL4 or download third-party tools to enhance their trading strategies, thereby managing potential risks more effectively. This flexibility is particularly beneficial for DeFi traders who need specialized tools to analyze blockchain data and decentralized assets. Custom indicators allow traders to tailor the platform to their specific needs, using advanced algorithms to gain insights into market trends and implement effective forex risk management strategies. This capability makes MT4 an attractive option for those who value adaptability and precision in their trading approach, ensuring they can mitigate risks while maximizing opportunities.

Trading Automation with Expert Advisors (EAs)

MT4’s support for trading automation through Expert Advisors (EAs) is another major advantage. EAs are scripts written in MQL4 that allow traders to automate trading strategies, reducing the need for constant manual monitoring. This is particularly useful in the fast-paced DeFi environment where market conditions can change rapidly.

By automating trades, DeFi investors can execute complex strategies consistently and without emotion, leading to potentially better outcomes. EAs also enable backtesting of strategies against historical data, helping traders refine their approaches before applying them in live markets.

Compatibility with DeFi Integration

While MT4 was not originally designed for DeFi, its open architecture allows for integration with DeFi protocols through API connections and plugins. This makes it possible for DeFi investors to manage their decentralized assets alongside traditional assets within the same platform.

Developers have created numerous plugins to bridge the gap between MT4 and DeFi platforms like Ethereum and Binance Smart Chain. These integrations enable features such as decentralized storage, smart contract execution, and transaction tracking, adding value to the trading experience for DeFi enthusiasts.

Features of MT5 for DeFi Trading

Enhanced Order Types

MT5 offers enhanced order types that provide greater flexibility in executing trades. For DeFi investors, this means the ability to implement more sophisticated trading strategies that can respond to market movements more dynamically.

The additional order types, such as Buy Stop Limit and Sell Stop Limit, allow traders to set precise entry and exit points, reducing slippage and optimizing trade execution. This is particularly advantageous in the volatile DeFi markets, where rapid price changes are common.

Integrated Economic Calendar and News

MT5 includes an integrated economic calendar and news feed, ensuring traders have access to the latest market information. This feature is invaluable for DeFi investors, as it provides real-time updates on economic events that may impact the value of decentralized assets.

The economic calendar allows traders to anticipate market movements based on scheduled economic releases, while the news feed offers insights into geopolitical developments and macroeconomic trends. Together, these tools empower DeFi investors to make informed trading decisions.

Advanced Analytical Tools for DeFi Data

MT5’s advanced analytical tools provide DeFi traders with the ability to conduct in-depth market analysis. The platform supports 21 timeframes, 38 technical indicators, and 44 analytical objects, giving traders a comprehensive suite of tools for evaluating market trends.

For DeFi investors, these advanced analytics facilitate the study of complex blockchain data, helping identify patterns and predict market movements. The ability to apply multiple analytical methods simultaneously enhances the accuracy and reliability of trading strategies.

Key Advantages of MT4 for DeFi Investors

Simplicity and Accessibility

MT4’s simplicity and accessibility make it a popular choice among DeFi investors. The platform’s intuitive interface and straightforward navigation ensure traders of all experience levels can quickly grasp its functionalities.

For new DeFi investors, MT4 provides a gentle learning curve, allowing them to focus on developing their trading skills rather than spending time learning the platform. The availability of extensive educational resources and community support further enhances its accessibility.

Lower System Requirements

MT4’s lower system requirements mean it can run efficiently on a wide range of devices, including older computers. This is particularly beneficial for DeFi investors who may not have access to high-performance hardware.

The platform’s lightweight design ensures smooth operation and quick response times, even during periods of high market volatility. This reliability is crucial for traders seeking to capitalize on fast-moving DeFi opportunities.

Key Advantages of MT5 for DeFi Investors

Multi-Asset Trading Capabilities

MT5’s multi-asset trading capabilities allow DeFi investors to diversify their portfolios beyond decentralized assets. The platform supports trading in forex, stocks, commodities, and futures, providing a comprehensive trading environment.

This versatility enables DeFi investors to hedge their positions, manage risk, and capitalize on opportunities across different markets. The ability to access a wide range of asset classes within a single platform streamlines the trading process and enhances overall efficiency.

Support for Modern Trading Strategies

MT5’s support for modern trading strategies, such as high-frequency trading and algorithmic trading, makes it an attractive option for sophisticated DeFi investors. The platform’s advanced scripting capabilities and enhanced backtesting environment provide the tools needed to develop and execute complex trading strategies.

For DeFi investors seeking to leverage cutting-edge technologies, MT5 offers the flexibility to customize and optimize strategies for maximum performance. This adaptability ensures traders can stay competitive in the fast-evolving DeFi landscape.

Choosing Between MT4 and MT5 for DeFi

Factors to Consider

When choosing between MT4 and MT5 for DeFi trading, several factors should be considered:

1. Trading Goals:

• Determine whether your primary focus is on forex, cryptocurrencies, or a combination of asset classes.

2. Technical Requirements:

• Evaluate the hardware and software capabilities needed to run each platform efficiently.

3. User Experience:

• Consider the ease of use and learning curve associated with each platform.

4. Customization Needs:

• Assess the availability and flexibility of custom indicators and trading tools.

5. Community and Support:

• Explore the community resources and support services available for each platform.

Aligning Platform Features with DeFi Investment Goals

To align platform features with DeFi investment goals, DeFi investors should:

1. Identify Key Features:

• Determine which features are most important for achieving your trading objectives.

2. Evaluate Compatibility:

• Assess the compatibility of each platform with your existing trading infrastructure.

3. Test Both Platforms:

• Consider using demo accounts to test both platforms and gain firsthand experience.

By carefully evaluating these factors, DeFi investors can select the platform that best meets their unique needs and enhances their trading success.

Conclusion

MT4 and MT5 each offer unique advantages for DeFi investors, from MT4’s simplicity and accessibility to MT5’s advanced analytical tools and multi-asset trading capabilities. Understanding the key features and differences between these platforms is crucial for making informed decisions that align with your DeFi investment goals.

Ultimately, the choice between MT4 and MT5 will depend on your specific trading needs, preferences, and objectives. Whether you prioritize simplicity, flexibility, or advanced functionality, both platforms provide valuable tools for navigating the dynamic world of DeFi trading.

Ready to explore these platforms further? Consider signing up for a demo account, experimenting with their features, and discovering the strategic benefits they can offer your DeFi investments.

The post Comparing MT4 and MT5 for DeFi Investors: Key Features appeared first on Exrnchain.

Supervised and Unsupervised Learning

When using machine learning classification, the first step is to select the type of learning and its parameters. Learning refers to the process by which computers analyze and make predictions based on data. There are two main types of learning algorithms: supervised and unsupervised. Supervised learning means that the algorithm is trained against a set of known data, or a training dataset, which is also called a labelled dataset because each item of data has a label. The algorithm uses this data to create a model based on the relationship between the input and output variables. The model can then be used to make predictions about new data, which is called testing data because it has not been used for training.

Decision Trees

A decision tree is a flow chart-like diagram that helps you visualize how your data will be processed. It shows the conditional branching of your data processing, including the variables that will be used in your machine learning classification project. A machine learning classification project using decision trees could be applied to an existing dataset that contains information about educational institutions and their programs. For example, the data could indicate whether a given program is relevant to a given field of study. In this case, the machine learning classification algorithm might use the field of study as an input variable and program as an output variable. It would then look for relationships between these variables and make a prediction based on that data.

Support Vector Machines

The support vector machine (SVM) is a supervised learning algorithm that was developed in the 1990s to solve classification problems. It achieved great success in other fields, such as image recognition and natural language processing. It has only recently been used for machine learning classification and has already been applied to a wide range of problems. A typical machine learning classification project using an SVM would be applied to a set of data with two variables. One variable would be the target variable, which is the outcome you are trying to predict. The other variable would be the input variable, which is used to train the algorithm and make predictions. A good example of an application of SVM classification is in the marketing industry. Companies want to know what products customers prefer, how they make their selections and which factors are most important in their decision-making process. A machine learning classification project using SVM could analyze customer data, such as their purchases and product reviews, in order to determine the factors that predict their preferences.

Setting Up a Machine Learning Classification Project

Before you create your machine learning classification model, you will need to set up a new project in your data science software. The first step is to create a new project in your data science software. You can name the project and select the data set you want to use. If you are working with data for the first time, you may want to import the data set into your software. The next step is to create an output variable. The output variable is the outcome you are trying to predict with your machine learning classification model. It could be binary, such as yes/no, or a continuous number, such as the risk assessment of a given situation. Once you have selected the output variable, you can choose the type of algorithm you want to use and its parameters. There are many to choose from, but the most common algorithms for machine learning classification are decision trees and support vector machines.

Running the Project

Once you have set up the project, you will want to run it. Running the project will create a model based on the data and the algorithm that you selected. The model is what you will use to make predictions against new data. Depending on the algorithm you used, you may be able to see the model visually along with the data that was used to create it. Once you have created the model, you will want to test it against data that it was not used to create. This is called testing data. It is important to test the model because the model you created may not be accurate for new data. It is also a good idea to test the model with different variables and inputs to see its range of capabilities.

Interpreting the Results

Now that you have created a machine learning classification model, you will want to interpret the results and determine how accurate the model is. You can do this by comparing the model’s predictions with the actual values in the testing data. You can also calculate the model’s accuracy and use statistical analysis to determine its strengths and weaknesses. The best way to interpret the results is to create a simple table that includes the predicted values, actual values and the difference between the two. This will allow you to quickly identify areas where the model needs improvement.

Best Practices for Machine Learning Classification

There are a few best practices you should follow when conducting a machine learning classification project. The first is to make sure the data is relevant and accurate. The accuracy of your model depends largely on the quality of your data. If the data is inaccurate, irrelevant or incomplete, you will get inaccurate results. The next best practice is to make sure you have enough data. Even high-quality data is only as good as the amount you have. The more data you have, the more accurate your results will be. The last best practice is to choose the correct algorithm for your model. Different algorithms work better with different data and variables.

Conclusion

Machine learning classification is an essential technique in understanding and analyzing data. It is a powerful tool for finding patterns and insights that may not be apparent to the human eye. In this guide, we provide an introduction to machine learning classification, its various components, and how to set up and run a project. By the end of this guide, you should have a better understanding of what machine learning classification is and how to use it in your data science projects.

The post Introduction to Machine Learning Classification: A Step-by-Step Guide appeared first on Exrnchain.

These games that pay in cryptocurrency allow players to earn cryptocurrency by completing specific challenges. Sure, there are a lot of online casinos that pay real money (you can read the review on https://dailygame.at/) but in this article, we will take a closer look at browser games. Let’s go!

1. Axie Infinity

Axie Infinity is a fun and addictive game that rewards players with AXI tokens. Players can use these tokens to buy upgrades and items in the game or to trade them for other cryptocurrencies.

2. Decentraland

Decentraland is an ambitious project that aims to create a virtual world that is fully owned and operated by users. To play the game, users must purchase DCL tokens. These tokens are used to purchase land in the world, and can also be used to purchase items and services.

3. Alien Worlds

Alien Worlds is a fun and challenging game that rewards players with cryptocurrency. Players must explore the galaxy and collect items while avoiding dangerous creatures.

4. The Sandbox

The Sandbox is a sandbox game that rewards players with cryptocurrency. Players can use this currency to purchase items and services in the game.

5. Zed Run

Zed Run is a fast-paced action game that rewards players with cryptocurrency. Players must run and jump through the game world to collect coins and other valuable items.

6. Blankos Block Party

Blankos Block Party is a fun and addictive game that rewards players with cryptocurrency. Players must build towers of blocks and then defend them from the enemy army.

7. Gods Unchained

Gods Unchained is a fun and challenging game that rewards players with cryptocurrency. Players must fight their way through the game world to collect powerful items.

8. Grapeseed

Grapeseed is a fun and addictive game that rewards players with cryptocurrency. Players must grow and harvest the grapes in the game world.

9. Bitquence

Bitquence is a fun and challenging game that rewards players with cryptocurrency. Players must mine cryptocurrency while trying to survive in the game world.

10. CryptoKitties

CryptoKitties is a fun and addictive game that rewards players with cryptocurrency. Players must collect and breed crypto cats.

Cryptocurrency Games: The Best Sites to Play

Several sites offer different types of games, including browser games, mobile games, and even games that you can play on your computer.

• One of the best sites to play cryptocurrency games is CoinDash. CoinDash offers a wide variety of games, including games that involve racing, treasure hunts, and more. You can also find games that offer rewards in cryptocurrency, such as Bitcoin and Ethereum.
• Cryptopia also offers a wide range of rewards, including free coins, discounts on products, and more. You can also use Cryptopia to buy and sell cryptocurrencies, making it a great place to invest in digital currency.

How to check if a game is trustworthy and not a scam?

There are a lot of apps that you can use to gamble and play games with a cryptocurrency. However, not all of these apps are trustworthy and some of them may even be scams. Before you download and use an online app, make sure to do your research to ensure that the app is legitimate and not a scam.

Take these steps:

• Step 1: Read the reviews. Before you download and use an online app, make sure to read the reviews to ensure that the app is legitimate and not a scam.
• Step 2: Research the company. Check if the company is registered. Check if this company has social profiles and trust badges.
• Step 3: Use your gut. Sometimes, you just have to use your gut feeling to determine if an online app is legitimate or not.

What should I do if I became a victim of a scam?

If you become a victim of a scam, the first thing you should do is file a complaint with the Federal Trade Commission. You can also contact your local law enforcement agency to report the scam. Lastly, you should warn your friends and family about the scam so that they don’t become victims themselves.

Conclusion

There are plenty of great cryptocurrency games out there to choose from. Whether you want to gamble with your virtual currency or just earn some rewards for playing, there’s a game out there for you. Do some research and find the perfect game for your needs, you’re sure to have a blast!

The post Top Cryptocurrency Games appeared first on Exrnchain.

No bank, government agency or private organization can manage cryptocurrencies and influence the transactions made within the system, because the data on the processes is stored on many devices simultaneously. This information cannot be tampered with or altered at will by one person, which means that cryptocurrency is protected from digital fraudsters.

All these features are provided by blockchain technology, the principles of which the cryptocurrency operates on. Blockchain is a distributed network whose nodes are not controlled by a single center and form an autonomous system for storing information.

All devices that join the chain receive a file with all the data ever recorded on this network. The stored information forms blocks that are publicly viewable but not subject to reverse modification.

How cryptocurrency works
Let’s look at the principle by which cryptocurrency emerges and operates, using bitcoin as an example. The author of the most popular crypto is considered to be a certain Satoshi Nakamoto, who can equally well be one person or a group of people. The concept of new payment system, which provides anonymity of participants, high security and autonomy Satoshi presented in 2008.

How does the cryptocurrency work? The bitcoin network is based on a blockchain and consists of blocks of transactions combined into a chain. Each such block contains data about previous blocks, thus the whole system is connected into a network and secures information within it. Data about transactions and actions in the network are anonymized, which ensures the anonymity of cryptocurrency holders.

The creation of new blocks and the recording of information in them takes place thanks to the technical capacity of the participants of the system – the process is called mining. Those who participate in the formation and generation of new blocks are rewarded in the form of cryptocurrency. It is not possible to create blocks and new bitcoins indefinitely, the limit is 21 million units.

Features of Cryptocurrencies
Cryptocurrencies are a new kind of digital money, which has long been in use and is actively used in electronic payments. What are the characteristics of such digital currency?

Adaptive scaling. There are a number of rules for cryptocurrencies that ensure their normal functioning at different scales. For example, the bitcoin mining algorithm is adjusted depending on the number of blocks mined in a certain time. Provisions are made to limit the supply time under certain conditions, as well as to reduce the reward for mining (when the volume of mining is greatly increased).

Cryptography. Cryptocurrencies use a special data encryption system, thanks to which the number of coins created can be kept under control, as well as transactions in the exchange and settlement.

Decentralization. Fiat money is created by certain authorities, and the systems of such currencies are controlled from a single center. Cryptocurrencies, on the other hand, rely on peer-to-peer networks, eliminating the ability to influence the blockchain from a single point.

Digital nature. Cryptocurrency does not exist in physical form, it is purely digital. Yes, crypto can be exchanged for goods or other types of money (dollars, euros, webmoney), but the digital currency itself exists only on the network.

Proof of performance. The bulk of cryptocurrencies operate on a proof-of-work system. It is a formula, a kind of captcha, for the confirmation of which certain computing power is needed.

Anonymity. Cryptocurrency wallets are encrypted, the owners get access to them by special identifiers, which are in no way connected with the person and the real data of the person. Transaction information is in the public domain, but the data is anonymized and does not lead to the owner of the cryptocurrency.

Value. The price of a cryptocurrency is determined by the amount of work it takes to mine the tokens, the scarcity and demand for coins can change this value. This variant of determining the price is called a proof-of-work system. There is also a version of proof-of-work for coins based on proof of ownership (proof-of-stake).

The post What is cryptocurrency appeared first on Exrnchain.

Securities will be discussed at our conference on July 23. Nigelrome, Director of Compliance at Currency.com, will present “How to Realize the Potential of Tokenized Securities.”

Nigelrome is an expert in risk management, equities, banking and compliance.

The specialist worked at major banks – Gibraltar International Bank and Moneycorp Bank, where he oversaw legal compliance and business development.

Today, Speaker is an anti-money laundering expert and Director of Compliance at Currency.com. The platform is the world’s first regulated crypto exchange of tokenized assets, licensed under Belarusian Decree No. 8 on Digital Economy Development.

The post Possibilities of tokenized securities appeared first on Exrnchain.

Programmers and developers
The biggest demand in the blockchain industry exists for IT professionals who are proficient in programming languages and familiar with developing and designing technology.

The tasks of blockchain developers are:

• Analyzing the design and engineering environment;
• testing the technology;
• creating cryptographic protocols;
• writing smart contracts.

Blockchain experts in IT are among the highest paid positions.

Lawyers
Blockchain companies seek competent lawyers who understand the nuances of cryptocurrency regulation.

The tasks of cryptocurrency lawyers are:

• Advise and support ICO projects;
• to develop the legal regulation of the blockchain;
• to carry out the legal protection of cryptocurrency exchanges;
• prevent cryptocurrency crimes;
• advise blockchain startups on legal issues.

Marketers
PR specialists are needed to effectively develop blockchain startups and promote companies’ products.

To increase blockchain startup visibility, cryptomarketers:

• Create unique content;
• promote the project in social networks;
• communicate with interested users;
• attract investors and partners to the project;
• represent the brand in the online and offline environment;
• attract attention to the project during the ICO.

Financial Expert
To secure cryptocurrency assets and improve financial tools, companies need knowledgeable experts who:

• reduce costs;
• improve the credit system;
• interact with banks;
• raise finances;
• analyze financial risks;
• automating processes.

ICO analysts
Successful ICOs require specialists who understand how the cryptocurrency market works, have analytical experience and an economic background.

ICO analysts:

• Analyze the investment attractiveness of a startup;
• check the data on the projects;
• make ICO rankings;
• prepare analytical reports.

Where do I study to become a blockchain specialist and find a job?

To become a blockchain specialist, you need to choose the field of work: promotion of a blockchain project, its legal support or financial assistance.

In addition to basic knowledge of the field (this is already taught in universities), it is important to be familiar with blockchain technology and the nuances of its work. The following will help:

• online training courses;
• Attending conferences and lectures on blockchain;
• Study of specialized resources;
• communicating with experienced industry experts.

Blockchain specialists are usually easy to find a job. Specialists are needed in:

• start-up blockchain start-ups;
• large cryptocurrency corporations;
• information resources about blockchain;
• broad-based IT companies;
• banks, crypto-exchanges and payment systems;
• investment funds.

How much do blockchain professionals earn?
Salaries for blockchain experts vary depending on the field and size of the company.

Analyzing job offers on the American job search resource Indeed, you can see that the average annual salary for software developers will range from $85,000 to $110,000.

Managers in start-up blockchain start-ups can earn about $40,000 a year, while top managers at major corporations earn $125,000 a year.

Blockchain analysts are paid from $75,000 to $84,000 a year, and marketers earn from $60,000 to $63,000 a year.

In Europe, according to Cryptocurrency Jobs, frontend developers make about $70,000 a year, while backend developers’ salaries average $85,000 a year.

Blockchain application designers make about $74,000 a year, and community managers earn an average of $57,000. Office managers at blockchain companies earn between $24,000 and $63,000 a year.

The post Who the blockchain specialists are and how much they earn appeared first on Exrnchain.