Mobile Trading With Metatrader 4

 

MetaTrader 4 (MT4) is the world's most popular trading platform for advanced and novice traders, offering a highly customizable web and mobile platform for all trading styles.

MetaTrader 4 has established itself as an industry-leading platform with everything traders need: view real-time currency prices, place orders, manage positions and receive technical and fundamental analysis.

In this article, we will talk about the main features of MT4, what makes the MT4 trading platform the most reliable platform on the market, and why you should download the MT4 platform.

About Trading Platform "MT4"

MT4 provides all the necessary tools a trader needs for successful online trading. Developed by MetaQuotes in 2005, it is the best platform for trading financial products such as Forex, CFDs, Futures, Indices, Commodities and Cryptocurrencies.

You can trade Forex from Android/iOS using the world-famous MetaTrader 4 mobile application. The mobile version offers almost the same functionality as the desktop version. The mobile version also offers interactive market charts, a full set of trading orders and popular analysis tools. You can manage your account balance, check your transaction history, and even buy or sell with one click.

Main features of MT4 trading platform for Android/iOS:

●     Manage your trading account;

●     Trade from anywhere;

●     Transaction history can be checked;

●     3 charts: histogram, candlestick chart and line chart;

●     9 time axes: M1, M5, M15, M30, H1, H4, D1, W1, MN;

●     24 analytical objects: Hann, Fibonacci and Elliott lines, channels, shapes and tools;

●     30 most popular technical indicators.

How to Download MT4

1.    Download and install the application for the MT4 platform;

2.    Sign in with an existing account or create a new one;

3.    Choose Exness as your trader;

4.    Enter your login credentials for your live or demo account (you can find your username and password in your Exness welcome email);

5.    Start trading.

Simple and Intuitive Interface

The MT4 platform is user-friendly and has a very simple and intuitive interface, making it suitable for both beginners and experienced traders. Basic information such as charts, indicators and prices can be accessed with just a few clicks.

Reliability

One of the great things about MT4 is its reliability. Tested by millions of traders over the years, the platform is now a solid choice for traders who understand that downtime can be costly in terms of profits.

Why Download MT4?

Exness is a trusted global Forex trader and leader in MT4 trading. The MT4 platform from Exness allows you to execute various strategies and benefit from features not found on other platforms, as well as follow trends, speculate on charts and find the right trading opportunities.

Rich Charting Tools

MT4 has a wide range of charts such as histograms, candlesticks and line charts. In MT4, you can display multiple charts at the same time by splitting the chart window.

You can also set the division method according to your preference, such as overlay display, horizontal division, vertical division, etc.

In addition, there is a high degree of freedom, such as the ability to maximize a specific window, and usability for traders is pursued.

Background color and parts can also be customized in detail, so even traders who are particularly interested in visual effects will be satisfied. Intuitive ease of understanding will also lead to increased trading accuracy.

Advanced Technical Analysis

MT4 has about 50 types of technical indicators such as moving averages, RSI and Bollinger Bands. Multiple technical indicators can be displayed simultaneously along with charts such as histograms, candlesticks and line charts.

People who continue to profit from Forex often have their own criteria for judgment based on technical analysis. For example, a buy/sell decision can be made when a certain trend of some technical indicators is observed.

With MT4, you can display multiple technical indicators freely, making it easy to find specific trends that lead to buy/sell decisions.

In addition, even if you are a beginner, you can quickly gain a professional perspective by honing your selling and buying judgments by displaying and repeatedly analyzing numerous technical indicators.

Trading programs offer the opportunity to enjoy the financial markets, especially during important events such as economic statistics or other influential factors, even when you cannot be in front of your computer and your usual trading platform.

This is a particularly noticeable and useful advance for a trader, especially for managing trades and orders in the stock market. While some still refuse to use a phone or tablet to enter trade orders, many are using them to monitor the market and manage trades at any time of the day, regardless of where they are. This can save a trader from a trade gone wrong, for example due to an unexpected market reversal while he is away from his computer.

Automated Trading System With a High Degree of Freedom

System trading (automatic trading) is possible in MT4. If you use a trading system that automatically sells and buys when certain conditions are met, you can trade even if you're not stuck in front of your computer 24 hours a day.

MT4 is equipped with an automatic trading system using a special EA (automatic trading logic). It is also possible to create an original EA through programming. After creating your original expert, you can also check its performance with previous charts.

Like the original technical indicators, the original EA can also be sold and bought. Drawing on the wisdom of traders around the world, find your own way to win and send it back to the world. Thus, with the help of MT4, you will be able to hone your own skills.

How Does MT4 Work?

 

1.    Language Usage – The software uses a language called MQL4. Thanks to this language, traders have the opportunity to develop their own indicators, scripts and even trading robots for free.

2.    System Usage – MetaTrader 4 is designed to be used as a fully autonomous system. The principle is simple, the trader manually manages his position (a form of configuration often used by traders). However, a number of developers have developed software bridges that allow integration with other financial trading systems for automatic hedging of positions.

3.    Removal of Third-Party Plugins - In late 2012 and early 2013, MetaQuotes Software began working to remove third-party plug-ins for its software from the market by suing and notifying developers and traders.

4.    Submission of orders – Next, MetaTrader provides two types of trading orders: pending orders and market orders. Pending orders are executed only when the price reaches a predetermined level. On the other hand, market orders can be executed in any of the four modes.