Forex Basics - My Trading Platform

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MetaTrader 4 Introduction!

MetaTrader 4 is a trading platform developed by MetaQuotes Software for online trading in the forex, contract for differences (CFDs) and futures markets. MT4, as it is commonly known, can be downloaded at no charge directly from the MetaQuotes website or through dozens of online forex brokers.

 

MT4 provides tools and resources that allow traders to analyze price, place and manage trades, and employ automated trading techniques.

 

Metatrader 4 screen robot hoovering icon

This tutorial will provide an introduction to many of MetaTrader 4's features, including chart settings, technical analysis tools and trade placement.

 

The MetaTrader 4 Advantages:

The MetaTrader 4 platform offers limitless possibilities for different trading styles: manage multiple actives with the possibility to trade 2 CFDs on oil, work with currencies on Forex, gold – all on a single universal platform without requotes or order deviations and with leverage up to 3000.

 

The MT4 Features List:

  • Works with Expert Advisors, built-in and custom indicators.
  • Supports 1 Click Trading.
  • Streaming News.
  • Technical analysis with over 50 indicators and charting tools.
  • Handles a vast number of orders.
  • Creates various custom indicators and different time periods.
  • History database management, and historic data export/import.
  • Guarantees full data back-up and security.

 

How to Install the MT4:

  • Download the MT4 terminal from your broker website.
  • Run the .exe file after it has downloaded.
  • When launching the program for the first time, you will see the login window.
  • Enter your real or demo account login data of your broker.

 

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