MetaTrader 4 (MT4) is the most popular and most widely used trading platform for trading on the currency markets.
It was introduced in 2005 and since then it has been constantly improved by pioneers in the development of trading platforms, MetaQuotes Softwares Corp. Terminal is one of the most reliable in the industry and is also known for its high safety standards.
MetaTrader 4 is very versatile and user friendly platform, making it ideal for both – beginners and experience traders. Market Watch gives traders an overview of the current market prices of all trading instruments. Powerful graphical tool enabling convenient and easily accessible trading platform MetaTrader 4 (MT4). Nine time intervals, from 1 minute to a monthly graph can show the movement and the value of the trading instrument on graphs and in that way allows customers to analyze trends. Graphs can be adjusted and thereby enable traders any time overview of the most important factors.
With a whole range of technical indicators and automated programs (Expert Advisors – EA’s) have MetaTrader4 users access to automatic trading. With a simple drag and drop method traders can add them on graphs. Indicators, such as moving averages (MA), parabolic SAR and Bollinger bands can help you with finding trends and changes.
Automated programs (EA’s) are also called trading robots and they are computer programs designed to analyze market data. They can process large amounts of data and generate trading signals. Both, indicators such as EA can be adjusted by using MetaTrader 4 original programming language called MQL4.
Unlike other platforms, MetaTrader 4 enables the creation of protected positions: trader can open a “long” or “short” position in the same amount at the same time. Hedging positions allow customers to use trading strategies that can not be used in other platforms.