MetaTrader 4 is without any doubt one of the most popular forex trading platforms in the world today. All the necessary trading tools and resources are on hand to allow traders to conduct research and analysis, enter and exit trades and even use third-party automated trading software.
The MT4 platform offers an impressive array of analytical tools. Nine timeframes are available for each financial instrument. These provide detailed analysis of quote dynamics. A built-in library of more than 50 indicators and tools streamline the analysis process, enabling traders to identify trends, define various market shapes, determine entry and exit points, print charts of any instruments and conduct their own “on paper” analysis.
The platform includes all the trading functions the modern forex trader needs. Market orders, pending and stop orders, trailing stops – all are right there at your fingertips with MT4.
MT4 allows orders to be placed in a variety of ways, including trading directly from charts. Embedded tick charts are an extremely useful way to determine accurate entry and exit points. It includes trade alerts, a handy tool to help you track the most favourable trading environment and market conditions. With the MT4 trading arsenal at your disposal, all your energy can be channelled into implementing your trading strategies, secure in the knowledge that the suite of tools in MT4 are there to back you up.
As with any financial transactions, the security of the information being transmitted is of fundamental importance. The MetaTrader 4 transmits information to and from the markets on 128-bit encrypted connections. This is there to ensure the security of all your trades.
MetaTrader 4 trading platform comes with its own built-in language for programming trading strategies. MQL4 allows you to create your own EA (Expert Advisor) and automate your trading based on your own programmed strategy. Using MQL4 you can build-up your own library of custom indicators, scripts and function database. Given the popularity of the Forex MetaTrader 4 Broker platform, a considerable number of forums and online communities have sprung up, where users can interact and exchange tips and strategies for getting the most out of the MQL4 programming language and MetaTrader 4 in general.
MetaTrader 4 includes a whole range of easy-to-understand functions, so it only takes a few minutes to get comfortable with all the different options available to you as a trader. The platform has a built-in “Help” function so you can get answers to the most common questions directly from within the software itself, so you can concentrate on the important stuff – trading.
In any event, if the MT4 help function can’t answer your question, simply get in touch with the Dualix support.F