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MetaTrader 4

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MetaTrader 4

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MetaTrader 4: Features And Function

MetaTrader 4, also known as MT4, is a software trading platform that affords users the ability to engage the world’s prominent financial markets. MT4 was officially released to the public by MetaQuotes Software on July 1, 2005. Popularity of the platform grew rapidly, and by April 2013, MT4 boasted one million users worldwide.

MetaTrader 4 offers robust functionality for active trading and advanced market analytics. Its software package provides numerous unique order options, tools for technical analysis, custom indicators and trade automation.

Through the development and implementation of cutting-edge technologies, MT4 is able to provide a sophisticated suite of features:

MT4 Trading Station

MT4 Trading System:

Conducting trading operations based upon strategies of any complexity is supported by MT4. Three types of order execution make entering the market instantly or at a specific time possible. Profit target, stop loss and trailing stop functions are available in order to actively manage an open position in the market.

Analytics:

Interactive charts and a wide variety of indicators are accessible. MT4 contains a technical analysis package comprised of 30 built-in indicators and more than 2,000 free custom indicators, as well as 700 indicators that are for purchase.

MetaTrader Market:

The MT4 market provides users with the largest selection of trading applications in the world. More than 1,700 trading robots and 2,100 technical indicators are available for purchase.

Automated Trading:

Fully customisable algorithms can be developed for trade automation using the Integrated Development Environment (IDE) and MQL4 programming language.

Mobile Trading:

MT4 is available on Android, and iOS smartphones and tablets.

Alerts and news:

MT4 provides a live news feed, as well as programmable alerts to keep users aware of changing market conditions.

MT4 is available in 38 languages and offered by more than 750 brokerages. Supported instruments include CFDs, futures and forex. Traders and investors from around the globe are able to utilise its sophisticated functionality through web-based, downloadable or mobile application.