MetaTrader is a software application to access to the online forex broker's system. With metatrader forex traders can trade quickly and easily fitted tools and sophisticated facilities. Almost all of the average broker support their traders with this metatrader trading platform.
In comparison with platforms like java, webbased, etc. MetaTrader has advantages which give more facilities to traders to be able to add and create special scripts (indicators and robot EA) for the purpose of trading them. No wonder when we easily find scripts (mql4) indicators and robots much at all on the internet.
Metatrader application has many advantages and very complete tools for forex trading, and are therefore much used forex broker.
However this is not artificial metatrader application of forex brokers but a special application by the company to trade forex namely metaquotes.net
So as has been familiar with the program but did not fit in with the forex brokers we now follow our live search, other brokers using metatrader, then we can start trading without the need for adjustment of understanding the application again.
Some of the benefits and advantages of metatrader :
1. Support in all windows (98, me, xp, vista,2000)
2. MetaTrader is accessible via mobile (PDA, Smartphone), support win CE, Palm OS, BlackBerry, Android.
3. Facilitate all types of products, trade forex, CFD, Futures.
4. Facilities for many languages (multi langguage)
5. A variety of facilities, variation graph, hundreds of indicators both standard plus youcan also create your own graph analysis, tools, etc.
6. Scripting facility to add, edit, reprogrammed so that traders can obtain service and functions as expected.
7. EA facilities, where traders could make lucrative trading script automatically. And Interestingly this metatrader EA robot more numerous and can be found on the internet. Be it paid or wrote a free.
Internal email, forex news, forex broker message from, etc.
8. The ease of export data, to a file or print.
9. Various execution technologies: instant Execution, Request Execution, Market Execution.
10. Widely used by forex brokers.
11. Good security system which features encryption.
What is MetaTrader?
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Renvin Nelwan