MetaTrader 4 is one of the well-known trading platforms in South Africa. All required trading tools and services needed, along with the use of trading robots (Expert Advisors or EAs) are available at FXCC.
MetaTrader developed its own programming language, MQL4, which designed to create automated trading robots.
MetaTrader 4 service provides a plethora of analytical tools along with nine timeframes for different chart types. These give an in-depth study of past prices. A built-in library of over 50 custom indicators simplifies the process, allowing traders to recognize patterns, define different market shapes, evaluate entry and exit points, print charts to perform their own "on paper" analysis.
MetaTrader 4 includes all the trading functions the modern forex trader
needs. Market orders, pending and stop orders, trailing stops - all are right
there at your fingertips with MT4.
MetaTrader 4 has all of the trading functions that a modern forex trader needs. Market orders, pending and stop orders, and trailing stops are all available with MT4. Orders may be placed in several ways on the platform, including trading directly from charts. Embedded tick charts are a fantastic tool for determining precise entry and exit points. MetaTrader 4 includes trade alerts, a useful method for tracking the best trading environment and market positions. With the FXCC MT4 trading arsenal at your disposal, you can focus all of your efforts on executing your trading strategies.
The protection of the information being exchanged is critical, just as it is in every financial transaction. Our MetaTrader 4 uses 128-bit encrypted connections to send and receive data. This is in place to ensure the safety of all the trades. Besides, FXCC provides the option to use Public Key Cryptography's extended security algorithms. In this manner, information is almost impossible to hack in a short period of time.
MetaTrader 4 features a ton of simple-to-use functions, so it only takes a few minutes to become acquainted with all of the various options open to you as a trader. The platform has a built-in "Help" feature that allows you to get answers to the most popular questions directly from inside the app, allowing you to focus on what matters most - trading.
MetaQuotes Language4 (MQL4)
MetaQuotes Language4 (MQL4) MQL4 enables you to create your own EA (Expert Advisor) and automate your trading based on your own pre-programmed strategy. MQL4 allows you to build your own library of custom indicators, scripts, and feature databases. A variety of forums and online communities have sprung up, where users can connect and share tips and strategies for getting the most out of the MQL4 programming language and MetaTrader 4 in general.
An expert advisor is an algorithm connected to specific account. From one hand, advisers can warn user about best moments to enter and exit the markets, from the other hand they can automatically execute trades on your account. MetaTrader 4 Trading terminal, like most trading systems, allows you to test strategies against historical data indicating entering and exit points on the chart.
Custom Indicators are MetaTrader 4's version of technical indicators. Custom indicators, like built-in indicators that come pre-loaded in MT4, intended to be used specifically for technical analysis and cannot open or close trades automatically.
