MetaTrader 4
MT4 is known for its user-friendly interface, advanced charting capabilities, and the ability to use custom indicators and automated trading strategies (Expert Advisors).
Features of MetaTrader4
Charting
Offers various chart types (line, bar, candlestick) and timeframes, along with technical indicators and drawing tools for analysis.
Expert Advisors
Supports automated trading through the use of EAs, which are programs that can execute trades based on pre-defined rules.
Trading
Allows for placing market and pending orders, setting stop-loss and take-profit levels, and managing open positions.
Custom Indicators
Users can create or download custom indicators to enhance their technical analysis.
MQL4 Programming Language
Enables users to create their own EAs and indicators using the MQL4 programming language.
Community and Resources
There is a large online community of MT4 users, and numerous resources available for learning and support.
MetaTrader 4 Available on Mac, Windows, & Android
While MT4 is a powerful and versatile platform, it’s important to remember that trading involves risk, and you should always educate yourself and practice risk management strategies before investing real money.
Automated trading
Trader-friendly layout
Expert Advise from MT4
