The MetaTrader 4 trading system
The powerful MetaTrader 4 trading system allows you to implement strategies of any complexity.
The Market and pending orders, Instant Execution and trading from a chart, stop orders and trailing stop, a tick chart and trading history — all these tools are at your disposal.
With MetaTrader 4, trading becomes flexible and convenient.
- 3 execution modes
- 2 market orders
- 4 pending orders
- 2 stop orders and a trailing stop
Algorithmic trading (automated trading) is one of the strongest features of MetaTrader 4 allowing you to develop, test and apply Expert Advisors and technical indicators. It eliminates any obstacles in analytical and trading activity.
The platform features the MQL4 IDE (Integrated Development Environment) allowing you to develop Expert Advisors (trading robots) and technical indicators of any complexity. Its core is MQL4 object-oriented programming language for trading strategy development. It offers high efficiency, flexibility and functionality.
The built-in MetaEditor is designed for the development of trading strategies in MQL4. It also has the debugger. Compilation is also performed in the editor. After that, the application is automatically moved to MetaTrader 4 where it can be tested or optimized in the Strategy tester, which is yet another MQL4 IDE component. The MetaTrader 4 platform runs trading applications, and thus it is the last component of the environment.
So, in MetaTrader 4, your indicator analyzes the markets, while an Expert Advisor trades in them.