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MetaTrader 4 (MT4) is a
free-of-charge program specially designed for online trading,
for technical analysis, and for the development and operation
of automated trading systems.
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MetaTrader offers you flexibility when managing your
trading account, all types of market and pending orders are at your
disposal.
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Over 50
analytical tools for forecasting financial markets can be used.
These tools will help you analyse the changes in price
movement.
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Operating
financial news are an additional source of information that will
help you make a correct trading
decision.
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In-built alerts constantly inform you
of any important events affecting the
markets.
| Watch MT4 Introduction
Video
Automated
Trading
The
MetaTrader platform allows you the possibility of developing and
using automated trading programs (Expert Advisors or EAs) to do the
trading for
you.
By using
Expert Advisors, you eliminate the need to sit for endless hours in
front of a screen watching the movements taking place in the
financial markets. Instead you can use your time to do something
else. However, forex is one of the riskiest investments available in
the financial market. The possibility exists that you could
sustain a substantial loss of funds and therefore you should not
invest money that you cannot afford to
lose.
The
built-in MetaEditor allows you to develop such automated trading
programs, while the Strategy Tester can be used for testing and
optimizing your Expert
Advisor.
But there is
more to it than that. When using MQL4, the trading strategies
programming language, you can also create your own technical
indicators and use them on the MetaTradertrading
platform.
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