Hi Amadou,
Morgan has given you some very good advice. It's perfectly possible to get excellent results from a 4 2 0 codec but you really have to get your exposure spot on every time. Expose your image with as much care as if you were shooting reversal film and white-balance as often as possible. Because so much more colour information gets thrown away when your image gets baked into the flimsier codec, you need to get as close as you can in camera before that stage because you'll never be able to get the information back later in the post process.
If you're shooting day exteriors, remember the colour temperature of daylight is changing all the time. Also be super aware of all the other factors that might affect your image such as a brightly coloured object reflecting on your actor's face, for example. If you're shooting under a canopy of trees your colour temperature will change every time the sun disappears behind a cloud (the stronger the sunlight, the greener the image).
If you're confident you can manage all this, then you'll be fine with a FS5. If you're less experienced, the FS7 will give you more leeway in post to correct any mistakes (and we all make mistakes from time to time, even Roger Deakins. Well, maybe not Roger, but still...) If you shoot 4 2 0, a good colourist can make a big difference to your finished film just by making subtle changes here and there but only if you have delivered good, solid images that don't need to be rescued. Remember, a camera is just a tool and the way you use it is more important than the tool itself.
I hope this helps, good luck with your movie!
Morgan has given you some very good advice. It's perfectly possible to get excellent results from a 4 2 0 codec but you really have to get your exposure spot on every time. Expose your image with as much care as if you were shooting reversal film and white-balance as often as possible. Because so much more colour information gets thrown away when your image gets baked into the flimsier codec, you need to get as close as you can in camera before that stage because you'll never be able to get the information back later in the post process.
If you're shooting day exteriors, remember the colour temperature of daylight is changing all the time. Also be super aware of all the other factors that might affect your image such as a brightly coloured object reflecting on your actor's face, for example. If you're shooting under a canopy of trees your colour temperature will change every time the sun disappears behind a cloud (the stronger the sunlight, the greener the image).
If you're confident you can manage all this, then you'll be fine with a FS5. If you're less experienced, the FS7 will give you more leeway in post to correct any mistakes (and we all make mistakes from time to time, even Roger Deakins. Well, maybe not Roger, but still...) If you shoot 4 2 0, a good colourist can make a big difference to your finished film just by making subtle changes here and there but only if you have delivered good, solid images that don't need to be rescued. Remember, a camera is just a tool and the way you use it is more important than the tool itself.
I hope this helps, good luck with your movie!