TradingView VS Metatrader 5: Best Backtesting Software for Traders
TradingView is cloud-based and runs on nearly any device. You can use it on Windows, Mac, or even directly in a browser. There’s also a mobile app. The platform has both free and premium tiers, with backtesting and alerts improving at higher levels.
MetaTrader 5, on the other hand, is a downloadable desktop application. It’s free through most brokers but best suited to Windows. Mac users can run MT5 using Parallels or a virtual machine, but Wine is not recommended due to instability.
If simplicity and multi-device access are important, TradingView wins here. If you’re already trading through a supported broker and need automation, MT5 might fit better.
