What is MetaTrader 4?

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Metatrader 4

Metatrader 4 (MT4) is a trading platform developed by MetaQuotes that is widely used by forex and CFD traders. It offers a range of advanced charting and analysis tools, as well as the ability to automate trades through the use of Expert Advisors (EAs).

MT4 is available for Windows and Mac computers, as well as for mobile devices, including smartphones and tablets. It can be downloaded for free from the MetaQuotes website, although some brokers may charge a fee for using the platform or offer it as part of a paid subscription package.

MT4 is known for its user-friendly interface and wide range of features, including:

  • Advanced charting tools, including over 50 technical indicators and graphical objects
  • The ability to create and customize your own indicators and Expert Advisors (EAs)
  • Real-time quotes and news feeds
  • One-click trading and market depth display
  • Multiple order types and execution modes
  • Risk management tools, such as stop-loss and take-profit orders

MT4 is suitable for both beginner and experienced traders, and is available in multiple languages. It is also supported by a large community of users and developers, who offer a range of resources and support for the platform.

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