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META TRADER 4

Meta trader 4 is a flexible trading system that offers advanced took of technical analysis, Trading signals, a Market of trading robots, mobile and algorithmic trading. This feature is used in forex trading. Trading platform Meta trader MT4 is widely used by online retail foreign exchange speculative traders.<br>

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META TRADER 4

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  1. META TRADER 4:- Meta trader 4, also known as MT4 is an electronic trading platform widely used by online retail foreign exchange speculative traders. It was developed by Meta Quotes software and released in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients. WHAT IS META TRADER 4 USE FOR? Meta trader 4 is a flexible trading system that offers advanced took of technical analysis, Trading signals, a Market of trading robots, mobile and algorithmic trading. This feature is used in forex trading. Trading platform Meta trader MT4 is widely used by online retail foreign exchange speculative traders. META TRADER 5:- Meta trader [5] MT5 is a multi-asset trading platform by metaquotes.It is allows trading forex, stocks, and futures. Like most online trading platform, MT5 allows trader to view charts, stream, live prices and place orders with their broker.

  2. WHAT DOES META TRADER 5 does? Meta trader 5 is a web based trading platform. That is designed to help forex and stock traders automate trading using trading robots, signals and fundamental analysis. Key features include web-trading, algorithmic trading, mobile trading and professional technical analysis. Trading platform Meta trader MT5 is a multi-asset trading platform by Meta quotes. IMPORTANT FEATURES OF META TRADER 4:- 1. ADVANTAGES OF META TRADER 4:- MT4 has several benefit including:- functionality, The software has three order execution options, nine order types, 30 built-in technical indicators and nine timeframes to choose from when placing orders. REAL-TIME ACCESS TO MARKET PRICES AND LIQUIDITY META TRADER 4:- Meta trader 4 allows traders to access forex quotes in real-time and execute traders. The currencies are exchanging through a broker listed in the “market watch”. You can trade in real time and learn to analyze the markets using technical indicators without risking your money. Single and direct market access to all Tier-1 FX liquidity venues. The forex MT4 market has advantage such as high liquidity, leverage, order diversity and easy access. TECHNICAL AND FUNDAMNETAL ANALYSIS TOOLS OF ALL LEVEL: - The use of technical indicators and line studies allows opening and closing reasonable trade positions. Some following points which are important to do technical analysis:- 1. Identifying the trend. This is the first step in technical analysis for traders because trading strategies can either follow the trend or go against the trend. 2. Drawing support and resistance levels 3. Stabling entry and exit points 4. Position sizing and risk management MULTIPLE TRADING ORDERS FOR HIGH FLEXIBILITY: - There are many types of trading orders and execution modes, allowing trades to create and implement the strategy of their choice. Multiple closes of several opposite position allows closing more than two opposite positions at the same time. Morover, three trade execution modes [instant, request and market] take flexibility to a new level.

  3. ROBUST SECUTRITY AND HIGH STABILITY: - It is a multi-asset trade platform that lets you trade CFDs, forex commodities, stocks and indices. Reliability: - One of the key features of MT4 is its reliability. The platform is now a very reliable choice for traders who understand that even a moment of downtime can cast of lot of profit. Meta trader 4 is a very secure and reliable trading platform. IMPORTANT FEATURES OF META TRADER 5:- Meta trader 5 meets modern demands for a convenient and multifunctional tool. LARGE SET OF TOOLS: - Meta trader 5 provides a large set of such analytical means. There are 38 technical indicators and 44 graphic objects, which are available for a comprehensive market analysis. Meta trader 5 is designed for executing trading operations and performing technical analysis on forex, exchanges and futures markets. DEEP MARKET ANALYSIS :- The depth of market as a popular trading tool that helps traders see market liquidity, or the number of trades in the market and at which price. MT5 web-trader still allows you to performance in comprehensive market analysis using a broad range of technical indicators, graphical objects etc. Meta trader 5 facilitates online trading in forex, stocks and futures. The Meta trader 5 is web traders is available for all the live account holders and help to designed to help forex and stock traders automate trading using robots, signals and fundamental analysis. CONCLUSION: - In Conclusion, the main difference between MT4 and MT5 is that Meta trader 5 was developed to attract market brokers beyond forex, while Meta trader 4 remains today’s dominant trading platform when it comes to forex and CFDs. MT4 is the preferred software platform for traders primarily focused on the forex market.

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