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Posts Tagged ‘Trading Software’

What is Metatrader

October 6th, 2011 Comments off

By definition, a trading manager is one who is in charge of the people who are buying and selling investments at financial institutions. Traders are struggling with managing the trade. They are always in the lookout for more features and as well as better ways for them to manage their trades.

A Metatrader is trading software that is developed by Meta Quotes Software. This software is used for trading financial instruments online like forex, futures and options. This software was developed in the year 2002. It has evolved as among the most successful tools for trading at all times. This software includes MQL4. This is a scripting language that involves a powerful capability of real-time processing.  It is also able to provide even the smallest details in indicators. The 4.0 version is the most widely used. This includes more than fifty indicators built to it that will monitor the markets in precise ways.

A complete package of this software includes a server, mobile, client terminal, administrators, data center and manager. The client terminal is the one providing the options for trading and as well a real time information regarding the market and the indicators. However, for you to be able to start trading using this client terminal, you need to have a live account first. The most important part is the server. This is what holds the requests of the trading. It is managed by the administrator. The inquiries information and customer accounts are all managed by the manager console. The data center console is the one used to reduce the load of trading in the main server. This will help achieve an efficient level of application.

Source: www.jcjnjd.com

GFT LAUNCHES METATRADER 4 TO THE GLOBAL FOREX MARKET

April 27th, 2011 Comments off

MT4 marks the newest addition to GFT’s award-winning trading software offerings

GFT, a worldwide leader in online currency trading, announced today that it has added MetaTrader 4 (MT4), an online automated trading application, to its suite of award-winning DealBook® trading software offerings.

GFT customers have always enjoyed the benefits of the DealBook® suite of trading software and now have an additional option for online trading, technical analysis, and now automated trading with the MT4 platform. Automated trading has captured the interest of a growing number of traders in recent years and combining that functionality with the execution, pricing, and service of GFT creates opportunities for GFT customers with another powerful approach to the FX trading markets.

“Our goal has always been to give our customers the tools that they need to trade quickly, efficiently and securely,” said Gary Tilkin, president and CEO of GFT. “Our customers asked us to integrate an automated trading solution so they could leverage those tools and strategies while still enjoying the GFT benefits of great execution, service, security, and competitive spreads. We are pleased to offer this new option and recognize the importance of this type of tool among traders today. I believe that traders who have used MT4 with other brokers will enjoy a real difference trading with GFT. In addition to this automated platform, GFT will offer a number of new products and platforms to our customers in markets around the world over the coming weeks and months.”

GFT has been voted top FX broker over the years by numerous organizations, including Smart Investor, The Bull and Shares Magazine. That’s because traders who voted know that GFT is a dealer that provides competitive pricing, spreads as low as 0.8 and an award-winning software platform. And now, GFT offers auto-trading tools with MetaTrader 4.

Source: www.actionforex.com

Why MetaTrader 4

February 8th, 2009 No comments

Meta Trader 4 is forex trading software which is a highly user friendly platform for investors and traders alike. MetaTrader 4 is software designed by Metaquotes. It’s arguably world’s most renowned forex trading platform.

It provides all the possible functions that may be required of a trading platform and at the same time is extremely intuitive and let’s a user grasp the subject of forex trading completely. Most automated forex systems or the robots thrive on this software today.

Apart from forex, it’s highly recommended for CFDs and futures. Hundreds of brokerage firms across the world trade through this platform and are immensely satisfied with its performance.

Its front-end trading interface bestows acute technical analysis and expert opinions apart from providing charting software and screenshots full of indicators. On these, the trading programs or robots perform their Fibonacci, trend lines and candlesticks. With MetaTrader 4 you can develop your own strategy and do exceedingly well with it.

Traders loved automation but that still required some office hour if only to place trade with the brokers. How where those to manage who were continuously out of office campus? MetaTrader brought trading over mobile operable over palm OS and windows mobile. It helped people trade via PDA throughout the world.

MetaTrader 4 has penchant for those indicators which can be dragged and dropped on the screen. Many such indicators can be downloaded today. For those who are absolute novices with the subject, using MetaTrader 4 will come automatically. The idea is to get the software and start right then. It would not even be necessary to read the instruction manual.

MQL4 is a trading strategy programming language that can be used on a MetaTrader 4 platform for assuming technical indicators.

Even if you have more than an account or if you are managing some one else’s account, you can go ahead with MetaTrader 4 multi terminal. MetaTrader 4 can utilize “expert” feature to design and incorporate robots. So you get a platform as well as a trading system on buying the software. The robots can clinically analyze entry and exit points for a trade to gauge buy and sell positions.

Technical analysis in real time mode was never this easy. MetaTrader 4 has changed how people would like to perceive forex trading this given day.

MetaTrader 4 has truly arrived.

Source: www.MetaTrader.com.au