Metatrader 4 is a forex trading software platform developed by MetaQuotes. It is the single most popular forex trading platform in the world.
Today almost all major forex traders use the MT4 platform. For the same reason, all good brokers offer the ability to interact with their Metatrader 4 trading system on your computer. You can also get information about the mt4 platform via the web.
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Then what makes it so good?
Metatrader 4 advantages
The big advantage of Metatrader 4 is the user interface. You have access to more than 50 built-in indicators and tools. But perhaps most powerful is the ability to act automatically.
You can act automatically by creating rules to comply with the software in your absence. These can range from multiple rules to complex mathematical trading systems.
The best part is that you don't have to make up the rules yourself. Others have created their automated trading systems to use.
Long gone are the days when most traders developed their trading system. Market conditions change so rapidly and so rapidly that much more complex robots are needed – something that is beyond the skills and resources of most traders.
However, thanks to the best robot developers, you no longer need to build your system – you can use someone else's and connect it directly to MT4!