Does the Traide Compass work with MT4 or MT5? Follow You can use either platform for trading with the wedge alerts. MT4 does have lower fees, which is desirable. Related articles How do I draw the trendlines to form the wedge? How do I get access to the Traide Compass? Do I need a VPS for trading with Traide Compass? Can I use Traide Ringer and Compass alerts on the same chart? What does CEED stand for?