Meta Trader 4 (MT4) is an electronic trading platform most commonly used for Forex trading. This is a product of MetaQuotes Software Corporation, which was released in 2005 and dominates the Forex market with a share of about 85%. MT4 has become the preferred platform for many traders around the world due to its versatility, reliability, flexibility and ease of use.
MT4 provides full access to financial markets through integration with the MetaTrader Market, an online store for automated trading software such as robots and indicators. In addition, it offers extensive analysis tools such as graphical packages, Expert Advisors (EA), and technical indicators. These tools allow traders to effectively analyze markets, monitor prices, and develop profitable trading strategies. The user-friendly interface makes it easy for beginners to start trading Forex without having any prior knowledge or experience in this area.
The MT4 platform supports scalpingrobots, as well as automated trading bots that allow users to conveniently place trades on their own behalf 24/7 without manual control. With just a few clicks, traders can adjust their parameters to help them identify favorable settings for successful trades on their terms. In addition, various risk management functions are available that allow you not only to control your capital, but also to limit losses if necessary.
In addition, MT4 supports multiple languages (including English), so it can be used by a wide variety of traders from different countries who are fluent in different languages. This allows users from all over the world to access the offers of hundreds of brokers in one place, as well as take advantage of the low execution speed, which is very important if you are engaged in scalping or high-frequency trading using robots or bots.