MetaTrader 4 overview

MetaTrader 4 is the latest and most effective dealing software for Internet trading on Forex developed by MetaQuotes Software Corp.

Key features of MetaTrader 4

  • Internet trading on Forex;
  • Various execution technologies: Instant Execution and Request Execution;
  • Complete technical analysis package: wide range of in-built indicators and charting tools, the ability to create various custom indicators, different time periods (from minutes to months);
    In-built program language MetaQuotes Language 4 to write custom trading strategies (Expert Advisors) and the possibility to test them on the historical data;
  • Multilingual platform interface (English, German, French, Russian, Arabic, Spanish, Farsi, Japanese, Chinese Simplified, Polish, Turkish, Korean, Indonesian, Bulgarian etc.);
  • Real time data export to Metastock and Omega Prosuite 2000;
  • Internal mail;
  • History database management and import/export facility;
  • MetaTrader Mobile: MetaTrader 4 Mobile for PDA;
  • In-built help guides for MetaTrader 4 and MetaQuotes Language 4.

MetaTrader 4 can be downloaded free of charge. In order to gain experience and better knowledge of the trading platform you can open a demo account. For further questions feel free to ask our Helpdesk / Customer Support.

Attention: MetaTrader 4 does not operate under Windows 95. Minimum required screen resolution is 1024x768.

Metatrader 4 Server IP-addresses are specified in the FAQ section.

Expert Advisors in MetaTrader 4

The Expert Advisors technology is a new method of trading which frees you from daily manual routines. Expert Advisor written in MetaQuotes Language 4 (MQL 4) automatically analyses current market situations, opens/closes positions and places/modifies/deletes orders.

With the help of Expert Advisors you can:

  • avoid everyday manual routines by automating the process of trading and monitoring orders;
  • be more scientific and rational in your decision making process;
  • keep track of the current market situations.
    Implement your trading strategy in Expert Advisor by using MetaQuotes Language 4 and your MetaTrader 4 will manage your trading account without the need to be present 24 hours a day, 5 days a week.

MetaQuotes Language 4 is used to write:

  • Expert Advisors – mechanical trading systems which can be used either for trading alerts or for trading and monitoring orders (automatically without your presence);
  • Custom Indicators – indicators created by you or other users of MetaTrader 4 client terminal in addition to the in-built technical indicators, integrated into MetaTrader 4;
  • Scripts – modules which execute repeated actions;
  • Libraries - frequently used user's programs.

MetaQuotes Language 4 allows you to call functions from the external dll-libraries and get access to the computer file system. This makes it possible to implement trading strategies of ANY complexity.

The new Expert Advisors testing technology uses historic data. Using this data you can test the effectiveness of your trading strategies, usually within a few minutes.

MetaQuotes Language 4 is very easy to learn and understand even for those who have no or limited experience as computer programmers.

Learn more about MetaQuotes Language 4

MetaTrader 4 main screen

  • Main menu (access to the program menu and settings);
  • Toolbars (quick access to the program features and settings);
  • "Market Watch" window (real-time quotes for the specified instruments);
  • "Navigator" window (quick access to all your accounts, indicators, expert advisors);
  • "Chart" window;
  • "Terminal" window (quick access to the trading and account history, list of open positions and placed orders, client terminal log-file and internal mailbox).

for example, forex

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