Why traders choose WickSpeak
You know what each indicator is saying
No more reading lines and numbers alone. Every indicator tells you what it is doing now, how to trade it and what would cancel the idea.
Patterns without add-ons
146 patterns, from a hammer to a Gartley, are named on the candles that made them, ready the moment you open a chart.
A check before every trade
The planner gives the stop and target in points, your position size from the money or % you risk, and a score out of 100 with the reasons.
Odds measured on your chart
See how often 1R, 2R and 3R targets were reached before the stop on this chart's history, and which paid best.
Backtest with no MQL5
Build a play from up to 12 plain conditions on 12 timeframes and test it with your costs. Mentor's Tune checks single changes against extra slippage.
Open it anywhere
WickSpeak runs in any web browser with nothing to install, and links to your cTrader account for your own broker's prices.
What MetaTrader 5 is known for
MetaTrader 5 from MetaQuotes is free to download and offered by a great many brokers.
It places and manages trades directly, with market, pending and stop orders and a trailing stop, across 21 timeframes.
Its MQL5 language, strategy tester and marketplace of 2,500+ trading apps make it a long-standing home for automated trading.
Using both
A simple set-up is to read and score the trade on WickSpeak, then place it on MT5. WickSpeak's broker prices come through a cTrader account, so if your broker offers only MT5, you can still use WickSpeak's crypto charts with no broker connected.
Other comparisons
Questions traders ask
Is WickSpeak better than MT5 for beginners?
For learning to read a chart, yes. Every WickSpeak indicator writes a plain-English reading with how to trade it and what proves it wrong, and Mentor reads each candle with the same four questions. MT5 is built for placing trades and automation, and leaves interpretation to you.
Is MetaTrader 5 free?
Yes. MetaQuotes says MT5 is free to download for Windows, macOS, web and mobile, and you trade through a broker account. WickSpeak's current offer: $59 a month (usually $119), $599 a year (usually $1,199), 7 days free.
Can WickSpeak place trades like MT5?
WickSpeak places trades from Playbook plays where you switched live trading on, on your linked cTrader account and inside guardrails you set. For manual trades, use your broker's own platform such as MT5 alongside WickSpeak.
Can I backtest without coding?
Yes, on WickSpeak. Playbook builds a play from up to 12 plain conditions and backtests it on past candles with your costs. On MT5, strategies are Expert Advisors written in MQL5, with the MQL5 Wizard to help generate them.