What is MetaTrader 4
The MetaTrader 4 platform is the most reliable and popular Forex solution for brokers. What are the salient features of the MetaTrader 4 Platform?
MetaTrader 4 is a platform that facilitates consumer brokerage services to customers involved in Forex Trading. It is an online trading platform that enables and empower its users with all their trading related solutions. MT4 is a software that is unique in its kind that has a user friendly interface equally convenient for Metatrader 4免费下载 PCs and mobile devices.
1. MetaTrader 4 overview: a dive into functionality
Per the latest statistics, almost 32.4 % of the Metatrader 4免费下载 Forex traders use MetaTrader 4 platform for Forex trading. The reason behind the 32.4% market share is that MT4 has the ability to provide the most updated Forex Trading Information that a broker needs to pitch its customers. MT4 also not only provides updated information but also provides information on any News and development that may affect the trading business.
2. The platform interface and key features
MT4 MetaTrader has been in the Forex market since 2005. Ever since its inception it has been bringing innovations and improvement in its services that have made the MT4 platform stand out among its competitors in terms of services and user-friendly interface and features. This user-friendly interface and features have made MT4 platform a powerful trading system compatible with different strategies and knowledge levels. The MT4 platform is equally effective for both beginner and professional level traders.
The platform's interface is quite straightforward, including the following features:
"File" unites setting commands and enables users to manage their profiles.
"View" allows traders to manage windows, toolbars, and programming languages.
"Insert" opens a set of indicators, lines, and other instruments to apply on a chart.
"Charts" contains setting and control commands for charts and indicators.
"Service" enables users to create new orders, control the platform settings, etc.
"Window" manages chart windows.
"Reference" contains additional commands and a technical analysis section.
MT4 is a set of interactive charts, 9 timeframes, 23 analytical instruments, Metatrader 4免费下载 30 technical indicators to get maximum benefits from the trading process.
Types of orders supported by MT4
The MT4 trading platform supports market orders (buy/sell) and pending orders (buy/sell stop, buy/sell limit).
Market orders allow users to buy or sell assets by Metatrader 4免费下载 the current market prices, while pending orders enable traders to buy or sell assets in the future by the indicated price. The platform offers two ways of order execution: instant and market.
Furthermore, users may leverage stop loss, take profit, and Metatrader 4免费下载 trailing stop options to control their trading process.
MetaTrader 4 supports a number of orders, but brokers may decide which types to suggest for their clients.
New horizons for brokers
The convenience for traders is obvious, but what about brokers? Can Metatrader 4免费下载 broker companies get some pros from the MT4 Forex solution?
Integration with the CRM system. Manage traders' statistics to make the Metatrader 4免费下载 most beneficial offers to your clients.
Connect multiple plugins to extend the platform's functionality for obtaining reports, integrating innovative Metatrader 4免费下载 Metatrader 4免费下载 payment solutions, etc.
Broadcast quotes and financial news from Reuters, Bloomberg, and other channels, enabling your traders to get timely updates.
When it comes to the financial part, brokers always need to get a cost-effective solution. The license for MT4 Metatrader 4免费下载 costs more than $100 000, but B2Broker, a leading company known for its innovative course, offers the best Forex White Label solutions; this is why a broker company may cut expenses several times.
Best MetaTrader 4 Brokers
MetaTrader 4 is a sophisticated Metatrader 4免费下载 Metatrader 4免费下载 platform for currency traders developed over a decade ago by MetaQuotes Software Corporation. Higher versions of MetaTrader exist, but the fourth edition continues to set the standard thanks to an unprecedented amount of automating abilities.
Unlike TD Ameritrade’s thinkorswim or Power Metatrader 4免费下载 E-Trade, MetaTrader is provided by a number of different forex brokerages for customer use, often alongside their own proprietary trading platforms. International customers will have no problem finding a brokerage that supports MetaTrader, but like most things forex, U.S. traders have to work harder to find one.
What is MetaTrader 4?
MetaTrader’s first iteration ran back in 2002 when Russian Metatrader 4免费下载 software firm MegaQuotes Software upgraded its FX Charts program into a high-tech and efficient forex trading platform. MetaTrader 4 was the final product and its much-anticipated release happened in 2005. Not only could experienced traders plot complex currency moves, they could Metatrader 4免费下载 also write entire programming scripts and arrange automated trading systems.
MetaTrader platform navigation is remarkably simple. All the features are available to you with just a few clicks (or taps if you’re using your mobile device). The program opens with four different currency pair charts, all completely customizable. Choose whether you want candlestick charts or line graphs, add a few of the 30 available technical indicators and track the four currency pairs you’re most interested in.
What really separates MetaTrader from other forex trading platforms is its Expert Advisors (EAs). These advisors aren’t investment experts or customer service reps, but programs written by traders to carry out specific trades automatically. MetaTrader uses a proprietary programming language called MQL4, similar to the C-languages used in computer coding. Using MQL4, forex traders can build automated trading systems that act with minimal human intervention. With MetaTrader, you can literally trade currencies in your sleep.
Not familiar with programming languages? MetaTrader Market has thousands of robots and Metatrader 4免费下载 indicators available to download, although not all of them are free. Search through trade categories like Hedging, Arbitrage, Scalping, Trend Following, and even Martingale to find an EA robot that suits your strategies. Download, test and implement automated robots without ever closing the MetaTrader platform.
Using MetaTrader 4 with a Brokerage
MetaTrader has two different versions, one for clients and one for brokers. The broker platform is used as a server to facilitate trading and prevent malicious cyber attacks. The brokers are licensed to supply customers with the client version, which is linked to brokerage accounts. Choosing the right brokerage is a critical aspect of any type of forex trading, especially if you want to use platforms like MetaTrader.
Some forex brokers base their entire trading operation around MetaTrader and use it as account management software, trading platform and gateway for real-time pricing and news feeds. MetaTrader is the same platform across brokerages, but that doesn’t mean all supporting brokers have the same trading rules. You’ll still need to make sure the broker has the currency pairs you want to trade as well as a reasonable schedule of fees and commissions.
Best Brokers Featuring MetaTrader 4
MetaTrader 4 isn’t of any use without a forex broker that supports it. Thankfully, Benzinga has compiled a list of five respectable brokerage houses using MetaTrader 4 as a platform. All five companies on this list are registered with the National Futures Association (NFA), which regulates futures and forex trading in the Metatrader 4免费下载 United States. Transparency is important in the forex markets and NFA-registered brokers can give you peace of mind.
Supports EA Automated Trading
Have a good trading strategy? Develop it into an EA and let it make profits for Metatrader 4免费下载 Metatrader 4免费下载 you in your sleep.
MT4 has served traders for more than 15 years. It will work well in all Metatrader 4免费下载 Metatrader 4免费下载 market conditions.
Do you know of some friends who can trade well consistently? You can copy their trades Metatrader 4免费下载 Metatrader 4免费下载 and make profits by using our PAMM system for MT4.
Powerful Charting Tools
With over thousands of custom indicators and charting Metatrader 4免费下载 tools, you will be able to trade in any style you desire.
Mobile Trading With MT4
Monitor and manage your trading on the go with full control over your trading account from your mobile phone.
Download MetaTrader 4 for Android/iOS on your smartphone or tablet to trade the financial markets anytime and anywhere in the world!
Search ‘MetaTrader 4’ Metatrader 4免费下载 in Google Play or click the link below.
Search ‘MetaTrader 4’ in the APP Store or visit the link below.
Trading Platform and Products
Market Analysis and Learning
FVP Trade is registered under incorporation number: 1266829-7.
You should carefully read and consider all terms and conditions, relevant attachments, notices, and policies before Metatrader 4免费下载 deciding whether to deal with the company.
High Risk Investment Warning: Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. 72.78% of retail investor accounts lose money when trading CFDs with this provider. Trading CFDs carries Metatrader 4免费下载 a high degree of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent expert advice if necessary and speculate only with Metatrader 4免费下载 funds that you can afford to lose. Under no circumstances shall FVP Trade have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs or (b) any direct, indirect, special, consequential or incidental damages whatsoever. Please think carefully whether such trading suits Metatrader 4免费下载 you, taking into consideration all the relevant circumstances as well as your personal resources.
Disclaimer: The content of this page is for information purposes only and it is not intended as a recommendation or advice. Any indication of past performance or Metatrader 4免费下载 Metatrader 4免费下载 simulated past performance included in advertisements published by FVP Trade is not a reliable indicator of future results. The customer carries the sole responsibility for all the businesses or investments that are carried out at FVP Trade.
Bollinger Trend EA 1.0
This expert advisor trades using the free Bollinger Trend Indicator, and implements many other useful features for the exigent trader, like customizable trading sessions and days, several trading behaviors and a martingale mode.
- Easy to use and supervise
- Customizable trading direction
- Customizable indicator settings
- Customizable break-even, SL, TP and trailing-stop
- Built-in money management
- Works for ECN/Non-ECN brokers
- Works for 2-3-4-5 digit symbols
- Filter trading by forex sessions
The EA implements four different trading behaviors:
- Regular: The EA will buy at bullish Metatrader 4免费下载 Metatrader 4免费下载 signals and sell at bearish signals
- Inverse: The EA will sell at bullish signals and buy at bearish signals
- Only Buy: The EA will buy at bullish signals and disregard bearish signals
- Only Sell: The EA will sell at bearish signals and disregard bullish signals
The EA implements four money management modes:
- Trade manual lotsize: The EA will trade a fixed lotsize on each trade
- Auto-calculation of lotsizes: The EA will risk % of the account on each trade
- Martingale: The Metatrader 4免费下载 EA will double the lotsize after a losing trade
- Inverse Martingale: The EA will double the lotsize after a winning trade
Additionally, the EA implements time filter controls:
- Enable or disable trading during the Asian Session
- Enable or disable trading during the European Session
- Enable or disable trading during the American Session
Trading Settings Select trading direction (Regular, Inverse, Short or Long) Indicator Metatrader 4免费下载 Metatrader 4免费下载 Settings Customize the Bollinger Trend Indicator settings Position Management This group of settings applies to trading decisions and trade management. You can select trading direction, break-even in pips, trailing-stop in %, trailing-step in pips, stop-loss in pip and take-profit in pips. Trades MetatraderMetatrader 4免费下载 4免费下载 can optionally be closed on opposite signals. Sessions Settings Enable or disable trading for the Assian, European or American sessions, as well as trading week dayss, from Sunday to Friday. Money Management In this settings block you can set the lotsize for the first trade, or allow the EA to calculate it by itself. It also implements a martingale behavior. Entering a manual lot size is recommended. EA Settings You can select the magic number for the trades, custom comment Metatrader 4免费下载 and manual pip value if you need to override the one the default one. Do not change these unless you know what you are doing.
Is the EA NFA/FIFO Compliant? Yes it is: just enable the closing of trades on opposite signals. Do I need a VPS to run the EA? Yes, you do. Or having your home computer turned on 24/5. Can I interfere with the trades of the EA? Yes, you won't cause the EA to missbehave. Will this Metatrader 4免费下载 EA interfere with other EAs running in my account? No, it won't, unless both are using the same Magic Number.