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  • MetaTrader 4

    MetaTrader 4

    MetaTrader 4, also known as MT4, is an electronic trading platform widely used by online retail foreign exchange speculative traders. It was developed by MetaQuotes Software and released in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients.


    History:
    Its developer MetaQuotes Software had previously released a number of versions of the MetaTrader software starting in 2002. Metatrader 4 was a significantly enhanced version and was released in 2005.

    Between 2007 and 2010 a number of brokerages added the MT4 platform as an optional alternative to their existing trading software due to its popularity with traders and the large number of third party scripts and advisors.

    In 2010 a significantly re-coded MetaTrader 5 went into public beta testing and was subsequently released later in the year. In 2013 and 2014 MQL4 programming language has been completely revised reaching the level of MQL5. Starting from build 600, MQL4 and MQL5 use unified MetaEditor.


    Components:
    The complete MetaTrader 4 package includes the following components:
    • MetaTrader 4 Client Terminal - the client part. Provided free by brokerages for real-time online trading and as Demo (practice trading) accounts. This provides trade operations, charts and technical analysis in real time. The internal C-like programming language allows users to program trading strategies, indicators and signals. 50 basic indicators are included, each of which can be further customized. The software runs on Windows 98/2000/XP/Vista/7. Some users have reported success using Wine on Linux for the client terminal[9] and on Mac using WineBottler.
    • MetaTrader 4 Mobile - controls a trading account via mobile devices such as mobile phones or PDAs. Runs on Windows Pocket PC 2002/Mobile 2003. Newly released mobile versions also run on the iPhone, iPad, and Android devices.
    • MetaTrader 4 Server - the core of the system, the server part. Designed to handle user requests to perform trade operations, display and execution of warrants. Also, sends price quotes and news broadcasts, records and maintains archives. Works as a service. Does not have a separate interface.
    • MetaTrader 4 Administrator - is designed to remotely manage the server settings.
    • MetaTrader 4 Manager - designed to handle trade inquiries and manage customer accounts.
    • MetaTrader 4 Data Center - a specialized proxy server and can be an intermediary between the server and client terminals. It reduces the price quote sending load on the main server.

  • #2
    It's my favorite platform and have been using it ever since i started doing trading!

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    • #3
      MetaTrader 4 is an electronic trading platform. This software provides to real time online trading and as demo accounts. Demo account is very important for every newbie trader. This software provides trade operations, charts and technical analysis in real time. The internal C-like programming language allows users to program trading strategies, indicators and signals. My broker is TryMarkets who provides me MetaTrader 4. That is why my trading life is so much expedites.
      Last edited by Roger Twose; 03-01-2017, 11:50 AM.
      With TryMarkets, you can also trade CFDs on commodity futures.

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