Meta Trader 4
Meta trader 4
is an electronic trading platform used by online retail foreign exchange speculative traders, it was developed by meta quotes software, released in 2005, it licensed to foreign exchange brokers who provide meta trader 4 to their traders, it consist of client component and server component, server component is managed by the brokers, but client component is managed by broker's customers to see live streaming prices and charts and manage their account, ,it so popular and well known, especially among Forex trader, some brokerages add it to their existing trading software, because of its popularity with traders and the large number of its scripts and advisors, it helps broker's customers to write their own trading scripts and reports, also helps them to automate trading, it is a standalone system which the brokers can use to manage their positions.
meta trader 4 include two types of trading orders, two type of its trading orders are pending orders and market orders, pending order is an order which will be executed when the price reaches a predefined level, but market order is an order which can be executed many processes such as instant execution, request execution, market execution and exchange execution, instant execution is an order which will be executed at the price displayed in the platform, request execution is an order which give traders received price and help them to take their buying or selling decisions quickly, market execution is an order which allow trading without any sort of requites, exchange execution is an order which is executed according to the current depth of market.
complete package of meta trader 4 include meta trader 4 client terminal, meta trader 4 mobile, meta trader 4 server, meta trader 4 administrator, meta trader 4 manager and meta trader 4 data center, meta trader 4 client terminal provide trade operations, charts and technical analysis, also use in real or unreal online trading account, meta trader 4 mobile controls a trading account via mobile, meta trader 4 server is the server part of software, also designed to handle user requests, perform trade operations, send price quotes and record data on its archives, meta trader 4 administrator is designed to manage the server setting, meta trader 4 manager is designed to manage customer accounts, meta trader 4 data center is a proxy server which is designed to reduce the price quote and send the load to main server.
meta trade 4 has a lot of features and characteristics , some of these characteristics include having advanced technical analysis, flexible trading system, a algorithmic trading, export advisors, signal services and market services, regarding to signal services of meta trader 4, it allow trader copy trades of other traders, but regarding to market service, it provide trader with various expert advisors and technical indicators,also it supports a complete price charting system and all tools to analyze the price charting, moreover create detailed reports from trader position, it save a lot of time and efforts.
meta trader 4 is simply trading platform used by many traders and brokers, traders use it to view real time of currency price, adjust orders, get technical and fundamental analysis, enhance their Forex trading experience and access many accounts without exiting the program,further more it make trader easily put money without more risks, brokers use it to reach a broader audience,also trade CFD, but is not designed for full time work in stock market or exchange traded futures.
metatrader4 is a light software that doesn't make your computer slow, install on in trader's computer or mobile phone for free , then set up his meta trader 4 account , fill in the account details, keep a copy of account log in information before exiting the registration process, before he gain access to his trades.
