MT4 (MetaTrader 4) is a free trading platform and it is a standard trading platform that most brokers provided. The MT4 software allows traders to trade in the financial markets with the necessary tools and resources to analyze markets in real time. Traders can create their own Expert Advisors or use readily available Robots in the marketplace. The MT4 has a built-in marketplace which you can access whenever you login to your trading account. Traders can also find best free EA in the marketplace. The MT4 platform allows traders to implement trading strategies using the Metaquotes Language 4 (MQL4) The MT4 is equiped with a built-in advance MQL4 editor. Traders can run their custom made indicator or expert advisor on Traderscolo, the best VPS for MT4 available in the market.
MetaTrader 4 Features
- Completely automate your analysis and trading system with Expert Advisor.
- Algorithmic trading (automated trading) is one of the strongest features of MetaTrader 4 allowing you to develop, test and apply Expert Advisors and technical indicators.
- Written in proprietary programming language 'MQL4' which is known by professional traders for developing an automatic system.
- MetaTrader has a marketplace that provides high quality indicator and algorithmic trading systems.
- Professional MQL4 coders are available in the marketplace ready to develop your algorithmic trading system.
- Stay up to date with your trading signal/performance by using MQL4 email feature.
- The platform supports three trade execution modes, including Instant Execution, as well as 2 market, 4 pending and 2 stop orders and a trailing stop function.
- Quick trading functions allow sending trading orders straight from the chart with one click.
- The built-in tick chart feature provides an accurate method for determining entry and exit points.
- With the rich functionality of MetaTrader 4 you can implement various trading strategies in the Forex market.
- he MetaTrader 4 platform meets the highest security standards. Data exchange between the client terminal and the platform servers is encrypted.
- The platform additionally supports the use of RSA digital signatures. You can rest assured that your trading accounts are securely protected!
- You will only need a few minutes to get started with the platform.
- The MetaTrader 4 platform provides wide analytical opportunities. Each symbol can be displayed in 9 time-frames, allowing traders to see the price dynamics in detail.
- 30 built-in technical indicators and 24 graphic objects are available for the most comprehensive analysis of price dynamics.
- Combine these tools, identify trends, determine entry and exit points and with wide analytical capabilities of MetaTrader 4 you can thoroughly analyze market movements to catch the best time to trade.