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meta trader 4

MetaTrader 4

MetaTrader 4 is a commercial platform for foxes, which also serves to analyze financial markets and use expert advisors. Mobile Trading, Commercial Signals and the Market, all this is MetaTrader 4, and all this will be necessary to work in the Forex market.

Millions of traders with the most varied requirements choose MetaTrader 4 to carry out commercial operations in the market. Independently of its level of preparation, the platform offers traders the broadest possibilities: advanced technical analysis, a flexible commercial system, algorithmic trading and technical advisors, and also applications for mobile trading.


Commercial signals and the Market are additional services that extend the functionality of MetaTrader 4 to new horizons. The signals allow you to automatically copy the operations of other traders. And in the Market, you can buy commercial robots and technical indicators.

¿Por qué operar en la plataforma MetaTrader?
En cualquiera de las plataformas que elijan, pueda operar sin ningún retraso en su servidor o en su computadora.
El software es ligero y no sobrecargará los sistemas ya instalados, diseñado para operaciones rápidas y ejecuciones inmediatas, es imprescindible a la hora de operar en los mercados volátiles (como el IBEX 35 hoy)


Apart from being easy to download and install, MetaTrader has many capabilities and functions that other platforms do not have.

Follow fluctuations in instrument prices and examine tables and graphs, while trends to place planned operations

The platform shows and is compatible with the following graphics: Japanese candles, Heikin Ashi, as well as Renko tables

The creation of your order types is simple and "stop losses" and the predefined goals are executed immediately. The "trailing stop loss" and pending orders are also very easy to use.

Main characteristics of MetaTrader

Expert advisor

MetaTrader is an algorithmic investment platform that is directly linked to composite images, allowing the system to run when an event occurs in real time, or that recalls a planned event. In addition, you can count on the advice of expert advisors,

Custom indicators

In addition to the technical indicators already integrated in the system, you can add your own technical indicators,

Scripts

Scripts are enforced when operators want an individual execution in an action. They are only acceptable for the start of an event and cannot be processed in other stock exchanges,

library

This is a set of custom functions that are intended to save and distribute the same used parts of the program,



The MQL language

The MQL language is the set of algorithmic operations on which it is based on the MetaTrader platform.



Developed by MetaQuotes Software Corp., the MetaQuotes or MQL language is a script for special investment strategies. The purpose with which these sequences are written is to facilitate automatic operations, as well as to customize technical indicators, libraries, and scripts.



In addition, thanks to the MQL language base, one can analyze large amounts of information and guidance in expert systems.



The MQL language is present in both MetaTrader 4 and MetaTrader 5 versions.



Current versions of MetaTrader

MetaTrader 4 (download MetaTrader)

MetaTrader 5

MetaTrader 4 against MetaTrader 5

MetaTrader 4. MetaTrader 4 (MT4) is the most popular investment platform in the world and offers everything you need to carry out online transactions in a single interface. In this platform, a combination of powerful analytical technologies and investment tools that allows users access to the most complex operational strategies.



MetaTrader 5. With these features, MetaTrader 4 would really be enough to operate Forex. But, nevertheless, if you want to obtain more advanced strategies, MetaTrader 5 could be the alternative option. Of course, we must bear in mind that the next recent MetaTrader 5 does not present major differences with the previous model, even though it has been announced as something very advanced. What are the advances of MetaTrader 5? Features that include: more advanced table and graphics systems, as well as deeper analytical tools. Even though MT4 is more than enough to serve as a Forex trader platform, if these two functions improve your stock market skills, then MT5 is the best method to operate. But, despite this, MT4 is still the most used and downloaded platform and operators are satisfied with their current capabilities, hence they do not have the need to change or update it.





Comparison table of MetaTrader 4 versus MetaTrader 5
Characteristics MT4 MT5
Download for brokers Very popular Less popular
Easy to use and navigate Extremely easy It has a level of complexity
Refinancing and coverage Possible Not available
The programming language used MQL4 MQL5
Number of order execution types 3 4
Number of types of pending orders 4 6
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