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MetaTrader 4 or MT4 is one of the best forex trading software on the Internet. I use it and I’m very of it!
Things have changed since the last time I downloaded MetaTrader many years ago.
After attempting to program for myself a connection between Wealth-Lab and CMS’s API (which proved unsuccessful) a friend continued to berate on me to download MT4.
Initially I wasn’t enthused.
I mean, I had tried the platform many years ago and it was too MetaStock-like (and I wasn’t a big fan of MetaStock – mainly due to the limitations of its coding).
MetaTrader 4 allows you the possibility of developing and using automated trading programs (Expert Advisors, EAs) to do the trading for you.
Using MQL4, the trading strategies programming language, you can also create your own technical indicators and use them on the MetaTrader 4 trading platform!
A lot has changed since whatever version of MetaTrader I used before.
Some of the things that I liked about it was its C-like Expert Advisor programming capabilities (where users can program a system and have it automatically trade), it’s large array of historical data (daily data since 1978 for some currencies!!) and its ease of use.
While there are only a small handful of brokers that support autotrading from MT4 a couple of the ones I would likely open an account with would be: Interbank FX and FXDD, with my primary choice being Interbank FX (which also seems to have changed since my last visitation).
Anyway, if you’ve been someone like me that has avoided MetaTrader and are looking for a platform that truly has it all I dare say that you really are missing out with this.
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