MetaTrader 4.
An advanced trading platform that gives you access to a wide range of features and tools for accurate trading analysis. It can help you build and use custom trading algorithms to automate trading.
An advanced trading platform that gives you access to a wide range of features and tools for accurate trading analysis. It can help you build and use custom trading algorithms to automate trading.
MT4 indicators
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MetaTrader 4, also known as MT4 is a digital trading platform that is used by retail foreign exchange traders. It automates trading and offers several technical analysis options. The tool is licensed to Blueberry as a leading forex broker and anyone with a live or demo account can access to MT4.
A MetaTrader 4 demo account with Blueberry allows you to learn how to use this tool for free as well as build confidence, and sharpen your grasp of the financial markets.
You can easily trade through the MetaTrader 4 app by finding the market that interests you the most under the ‘Market Watch’ window. After this, you place a trade by opening a position by double clicking on the market name. The order is executed almost instantly.
The biggest difference between MetaTrader 4 and 5 is that MetaTrader 4 is specifically built for forex traders to trade in the forex market, whereas MetaTrader 5 is built as a one-stop platform for trading forex, stocks, shares, CFDs, cryptocurrencies, and commodities. MT5 is more advanced and has a broader application base while MT4 is best if you only wish to focus on the foreign exchange market.
MetaTrader comes with two trading order types - market orders and pending orders. All market orders are executed in four different ways: instant execution, market execution, request execution and exchange execution. In contrast, pending orders are only executed when the prices reach a pre-decided level.
MetaTrader 4 (MT4) comes with an extremely user-friendly interface, simple design, and excellent functionalities that make it a great source to start foreign exchange trading. It fits well with beginner as well as expert traders, since it comes with easy to advance functions one can build on.
MetaTrader 4 is a trading platform that helps in foreign exchange trading. It allows you to analyse financial markets, automate trading algorithms, analyze in-depth charts, and even perform expert trading operations.
MetaTrader 4 is entirely free to download and use with Blueberry as your forex broker. The only money that you spend through the platform is when you place real trades through your live trading account. You can also see how the MT4 app works by creating a demo account and using the virtual funds to practice trading strategies.
