About MetaTrader4
MetaTrader4 is a standalone online trading platform developed by MetaQuotes, also popularly known as MT4. Trading MT4 through Tech-fx gives you access to a wide range of markets and hundreds of financial instruments such as Forex, Commodities, CFD trading, Indices, and more. It's completely free to download and does everything you need for market analysis and trade management.
The MetaTrader4 platform offers easy-to-read and interactive charts, allowing real-time market monitoring and analysis. You also have access to over 30 types of technical analysis, allowing you to identify market trends and signals for entry and exit.
Other advantages of MT4 include its strong security system and multi-device support.
MetaTrader4
MetaQuotes Language 4 and MQL4 are convenient and efficient programming languages, and this platform is used to develop trading strategies. Traders can develop expert advisors, custom indicators, and the functionality needed to manage transactions. Nowadays also known as Robo Trader, these smart trading systems are used for market analysis and automated trading, which is convenient for our customers.
What is MetaTrader 4?
MetaTrader4, commonly referred to as MT4, is a widely used electronic trading platform for retail foreign exchange developed by the Russian software company MetaQuotes Software Corp and currently used by around 500 brokers and banks worldwide. We license MT4 software. Released in 2005, MT4 trading software facilitates automated trading with its easy-to-use features and allowing users to create their own trading scripts and trading robots (commonly known as expert advisors). It has become very popular among retail forex traders due to its ability to Many online traders and investors use MT4, whether they are trading Forex or CFDs (Contracts for Difference).
Not only is MT 4 considered the most popular online trading platform for accessing the world market, it is also specially developed for retail forex trading (ie, individual online traders). Is considered to be the most efficient software for). Online (or electronic) trading platforms vary through networks with financial institutions (eg, brokerage firms) that are financial institutions (ie, facilitating online trading between buyers and sellers by executing transactions). A computer-based software program for placing buy and sell orders for financial products. Online investors can not only trade at live market prices streamed by trading platforms, but also use some additional trading tools provided by platforms such as trading account management, live news feeds and chart packages. You can increase the potential for profits and use trading robots, also known as expert advisors.
The very first such software version, compared to today's online trading platforms used to trade a range of financial instruments like currencies, stocks, bonds, futures and options, is almost exclusively stock exchange. It was associated with the exchange. Until around 1970, financial transactions between brokers and counterparties were manual and did not have direct access to global financial markets, only through intermediaries. Also during this period, electronic trading platforms began to be applied to carry out at least some of these transactions. The first such platform is used primarily on stock exchanges and is known as the RFQ (request for quotation) system. The e-Trading Platform, which has not offered live-streaming prices since 1970, is a more developed software that executes orders almost instantly, in addition to streaming live-streaming prices and enhancing the client user interface. Was gradually replaced by.
Development history of MetaTrader 4
With the introduction of the first generation foreign exchange trading platform based on the Internet in 1996, the development of the foreign exchange market has accelerated and the customer market has become possible to expand. As a result, web-based retail forex has allowed individual customers to access the global market from their computers and trade in currencies. The first generation of such electronic trading platforms was the basic software that could be downloaded to a computer, still lacking a user-friendly interface, but gradually adding new features such as technical analysis and charting tools. As a result, it offers more extended attributes and options for these programs to be used as web-based platforms and mobile devices (smartphones, tablets, etc.) compatible with automated tools such as trading robots. Brought.
With the introduction of online trading platforms, a rapidly growing segment of the Forex market has also emerged, involving individuals who can access global markets and trade online through brokers and banks. Was: Retail Forex. This market segment allowed even small investors to access the market and trade in small amounts. Demand for more technologically advanced trading platforms continues to increase, particularly in retail currency trading, increasing the need for individuals to trade global markets directly. The MetaTrader4 online trading platform, released in 2005, was the type of software that allowed many Forex traders to speculate and invest in Forex and other financial instruments from almost any location in the world.
About MetaTrader 4 users
More than 500,000 retail traders currently use the MT4 platform for daily trading, including automated trading, mobile trading, one-click trading, newsfeed streaming, built-in custom indicators, the ability to process huge numbers of orders, It benefits from a wide range of features that make investment decisions easier, including an impressive number of indicators and charting tools. Suitable for both beginners and seasoned traders with diverse investment skills and practices, MT 4 can be considered today's ultimate trading software almost everywhere in the world.
About MetaTrader 4 and automatic trading
Automated trading is well known to online investors as a useful tool for processing trading orders automatically with very fast reaction times, and is a series of sequences set up by traders using MetaTrader4's MQL programming language. According to predetermined trading rules (such as entry and exit). Automated trading, also known by the name system trading, has another big advantage: it mechanically executes trades and based on the trader's settings, it very often makes investment decisions. Eliminate emotional factors from trading that can negatively impact your trading. As such, they can trade on behalf of investors and handle all the analytical processes involved in the trading process.
The MT4 platform's cutting-edge technology provides automated trading as a fully integrated feature, executing repetitive trading orders at speeds not possible with manual trading. For many investors, this saves considerable time from the daily routine of market monitoring as well as trade execution.
Backtesting (ie, testing trading strategies over a period of time) is automated trading in that it applies trading rules to historical market data and helps investors assess the efficiency of some trading ideas. Another advantage of. With proper backtesting, traders can easily evaluate and fine-tune their trading ideas. In fact, automated trading is also a sophisticated way to trade the market, so it is recommended to start with a small size during the learning process, mainly for novice traders.
Additionally, the possibility of mechanical failure can also affect the outcome of trades executed by automated systems, and many traders with poor internet connections are unable to accept trades being processed by automated trading. They are also forced to perform manual monitoring. Tech-fx's fiber optic connection-based free MT4 VPS (Virtual Private Server) service allows clients to connect to an MT4 VPS to eliminate negative factors such as slow internet connections, computer failures, and unexpected power outages. We ensure the smooth operation of automated trading and expert advisors at all times, allowing you to enjoy seamless trading.
About MT4 mobile trading
MetaTrader4 was designed taking into account all the requirements of 21st century technology, so it ensures its maximum flexibility and this core is mobility. This is exactly why the MT4 mobile trading option allows investors to access the trading platform directly from their smartphone or tablet, separate from their Windows or Mac operating system based PC. Therefore, it is possible to manage and/or monitor not only a trading portfolio, but also multiple trading accounts, virtually on the go.