MetaTrader 4 | MT4

Forex is a challenging business and yet there are many people who want to become traders in this market. Most of them believe that they will be able to make profits here. However, it is not as easy as that. There are a lot of things to do and tons of issues that you have to consider. Although this is the case, one is welcome to venture in this business domain. What is important here is that you have your own strategy, tools and systems that will make your decision making a success.

But decision making does not only commence when you will buy or sell a currency. You will actually make a big choice the moment you decide that you want to become a forex trader. This is the time when you will have to choose the broker company that is suitable for your transactions. In selecting a broker, there are different sets of criteria that they have to match up with. It is your task to check whether the chart they provide is in real time or not. In addition, you will also have to verify that the company allows their clients to make use of autopilot systems. It is also important that you confirm the deposit – the money you will invest on. Usually this will differ from one broker to another but this can be a good basis when choosing the company for you.

One of the best brokers at present is the Dukascopy broker. There are many traders who choose this and they have their own reasons. For some, they are attracted to the offers of Dukascopy broker including live charts and more deposit money. The Dukascopy broker is a company that operates in Switzerland. This is renowned all over the world due to the fact that they offer comprehensive platforms for trading. Although the Dukascopy broker company functions at Switzerland, it can cater to the international traders of the forex market.

Nowadays, Dukascopy broker is known as the house of veterans in forex. Undoubtedly, this is the firm where professionals in the foreign exchange market assemble. Dukascopy broker has developed sophisticated superior automated systems that can facilitate the persons who are familiar with the processes in trading. Many years have passed and this has proved that it is an expert in accommodating the requirements of the dealers that transact in high volumes of trades.

Most traders regard Dukascopy broker as unique because they present low spreads starting from 0 pip to 1 pip. The spreads will be maintained all throughout the forex trading procedure. If you want to sign up for Dukascopy broker, first time registrants will have to go through a very lengthy course due to the fact that Dukascopy broker intends to uphold its integrity. The firm is a member of the Association Romande des Intermediares Financiers or the ARIF.

At present, Dukascopy broker fixed their lowest account requirements to traders, which is now at 50,000. This shows that they are interested in managing veterans with high volume trades for the most part. What is commendable about Dukascopy broker is the verity that they serve their customers in such a way that they will be pleased with the service of the firm. This is one of the grounds that set the company apart from the other brokerage organizations.

Dukascopy broker enjoys a good reputation with the forex traders. It is focused on giving excellent brokerage services to its clients especially the professional ones. Newbies may not be able to enroll here but there is a demo account that is free for aspiring traders.

DukasCopy does not have Metatrader 4 platform but we can write (overwrite) any our (not our -mq4 needed) forex expert advisor on DukasCopy API. Feel free to contact us

Expert Advisor Stomper (Java version for DukasCopy available)

Learn more about expert advisor stomper

Best regards,

BJF Trading Group inc.

Metatrader 4 is a system designed for traders in the equity markets of forex, futures and CFD. This makes it easier for a trader to perform the trades and that is not the only thing you get from this amazing system. This complex does not even need other kinds of software that you may have just so you can organize your brokerage services. Here are the main advantages of the system that will surely make every trader want to try it:

1.    Coverage on the different financial markets – As mentioned, this gives clear reports on the three equity markets especially when it comes to the trading and brokerage activities, which are particularly important to the trader.

2.    Multicurrency basis – There is no main currency and country here. All the currencies can serve as the major one which can be used in the function of the entire complex.

3.    Economically productive – You do not have to purchase a computer with high specifications. It can implement data transfer as well as process protocols using inexpensive programs. You only need Pentium 4 with a speed of 2 GHz, 80 GB hard drive capacity and 512 DDR RAM. With the new protocols that you may have generated, they will even reduce the need on operational costs and data link.

4.    Reliability – When you are using Metatrader 4, you can be sure that your data is secure. Not only that, whenever an error occurs in your historical data, you’ll be relieved to know that there is a backup system that protects your files and restores them if you want to. If you have another server, you can even restore the historical database because of the execution of synchronization.

5.    Excellent application programs – You may have heard about the superiority of the Metatrader 4 API, which makes it possible for the trader to modify the work of the complex so that it can further meet the requirements. This application can even help the trader to solve some of the most difficult problems such as creating supplemental analyzers to find the trend of the increase of the day traders monthly as well as the process of extending the ability of the server.

6.    Multilingual support – Not all traders speak in English and this is why the program supports various languages from across the globe. There is also a program known as the Multilanguage pack, which is incorporated in the distributive wrap ups.

7.    Web services integration – With this feature, you can publish real time quotations and related charts on your own website. Many agree that this is a high quality service that sets the system apart from the other software available.

8.    Flexibility – The system is famous for its ability to customize different functions. Here, you can set all the parameters starting from the time of the trade session up to the detailed properties for every user groups.

9.    Safety – All the information you have entered here can never be accessed by another trader because they are encrypted. There is absolutely no chance of a third party to use the information you have provided. You can also e sure that the operation is stable especially during transaction in the part of the server and the whole system. There is also a built in guard system for the DDoS attack. This system hides your true IP address in the form of access points so that you will not experience system down and avoid intermittent changes in your resources.

To know more about the advantages of Metatrader 4 and its useful program interfaces such as the Metatrader 4 API, you can download a Metatrader 4 demo, which will let you experience all the good things about the platform.

Practice Trading With a Free Metatrader 4 Demo From FXCM. Click Here

Metatrader 4 is an online trading platform. This is a great help for traders especially because in order for a trader to become successful, he should be able to watch constantly the movements in the market. As we all know, we need sleep and rest so that we can restore the energy we have consumed from the previous day. Thus, a robot is very useful since trading in the foreign exchange market can be done twenty four hours a day and seven days a week. Many believe that a trader can flourish in the business if he can monitor the market continuously. This is the job of the robot. With Metatrader 4, you have all the help you require and there is really no need for you to get additional software.

This platform is highly functional since the developers want to extend a helping hand for the traders. Almost all the actions that are within the brokerage company business process can be performed by Metatrader. Owing to that, this system has become a landmark solution and the trade standard in the world of forex market.

One of the reasons why this product is very popular is because of its convenient interface and the rich features that are present in one program alone. Now, the developers of this system have created an open application interface known now as the Metatrader Application Program Interface or API. This makes it possible for the user or the trader to build custom applications that hey can use for the automated business processes. With Metatrader API, there are a lot of functions that can be observed. Qualified traders can get rich functionality from the system at your disposal as well as create a custom software application utilizing the programming language you prefer.

There are three components in the API aimed to work with the corresponding modules. These are the Server API, Manager API and the Data Feed API. The Server API is the interface that provides access to the features of the server with the use of a plugin. This also automates several trading processes. This is tasked to solve supplementary quotation filtering. This is also responsible for managing quotation modes that depend on the activity of the market.

The API Manager is implemented based on access allocation. This features the ability to access the server. Take note that the administration possesses the highest access level. Thus, the ability of changing the server settings can be performed here. This also processes the requests from the clients and this also permits the user to develop a distinctive risk management program so that you can easily control and manage your position. Furthermore you can generate extended reports regarding your trading activities and the trade server with the Manager API.

The last component, which is the Data Feed API, allows the trader to make the most of its user friendly interface. Using this, you can access news services and protocols of quotation providers if you wish to implement them into the system. You can also use numerous data sources at the same time and they are ranged by priority. When a certain source is disconnected, this automatically switches the one on the next priority level.

Getting a Metatrader 4 Demo is free so that you can experience the usefulness of the platform for your trading needs.

Just like the volatility of the world of forex, the views of other people have changed about this economic market also. Gone are the days when everything has to be done manually. Now, there are forex robots that will help the trader be successful when it comes to dealing with the currencies and the other traders as well. These robots oftentimes use the Metatrader 4 platform, which is considered as the best in the pack. They guide every trader out there who wants to make money and protects the fortunes so that they will be able to earn more money in their own foreign exchange endeavors.

The Metatrader software has a very user friendly platform so that even beginners will be able to use this effectively. With your Internet connection, you will be able to watch out for any pip placement in the foreign exchange market. With less than 1% uptime, you will be able to access all the necessary information that will help you in trading currencies. This is exceptionally intuitive and allows the user to grasp the forex subject. You can choose from a PDA or desktop version for Palm OS, windows and windows mobile. You can get this also from your broker that will give you the Metatrader data that you will need. You will be able to acquire help in streaming real time data in the market.

The Metatrader 4 interface provides a charting software as well as sharp technical analysis along with expert opinions so that the trader will be guided in the trading process. This also allows you develop you own strategy and this will be a great help for you when you want to stay long in this business.

Traders enjoy automation yet it is still required that they place trade with their brokers so this means that they still need to work. However, there are some occurrences that traders are out of their respective offices and so this clever Metatrader software allows you to access information no matter where you may be. This is through PDA trading which is done over mobile. You can now download these systems and be able to utilize them whenever you want. Once you have downloaded the system you can use it right away and you would not even need the user’s manual.

There are a great number of sites that gives you details and pictures on how you will be using Metatrader 4. http://iticsoftware.com  is a site that helps you install the program on your terminal as well as other relevant details and screenshots.

The GetLastError() function returns the last error code. The Error code constants are defined in the stderror.mqh file. To print text messages use the ErrorDescription() function defined in the stdlib.mqh file.
The following table lists the Error codes returned from the trade server.

ERR_NO_ERROR 0 No error returned
ERR_NO_RESULT 1 No error returned, but the result is unknown.
ERR_COMMON_ERROR 2 Common error.
ERR_INVALID_TRADE_PARAMETERS 3 Invalid trade parameters.
ERR_SERVER_BUSY 4 Trade server is busy.
ERR_OLD_VERSION 5 Old version of the client terminal.
ERR_NO_CONNECTION 6 No connection with trade server.
ERR_NOT_ENOUGH_RIGHTS 7 Not enough rights.
ERR_TOO_FREQUENT_REQUESTS 8 Too frequent requests.
ERR_MALFUNCTIONAL_TRADE 9 Malfunctional trade operation.
ERR_ACCOUNT_DISABLED 64 Account disabled.
ERR_INVALID_ACCOUNT 65 Invalid account.
ERR_TRADE_TIMEOUT 128 Trade timeout.
ERR_INVALID_PRICE 129 Invalid price.
ERR_INVALID_STOPS 130 Invalid stops.
ERR_INVALID_TRADE_VOLUME 131 Invalid trade volume.
ERR_MARKET_CLOSED 132 Market is closed.
ERR_TRADE_DISABLED 133 Trade is disabled.
ERR_NOT_ENOUGH_MONEY 134 Not enough money.
ERR_PRICE_CHANGED 135 Price changed.
ERR_OFF_QUOTES 136 Off quotes.
ERR_BROKER_BUSY 137 Broker is busy.
ERR_REQUOTE 138 Requote.
ERR_ORDER_LOCKED 139 Order is locked.
ERR_LONG_POSITIONS_ONLY_ALLOWED 140 Long positions only allowed.
ERR_TOO_MANY_REQUESTS 141 Too many requests.
ERR_TRADE_MODIFY_DENIED 145 Modification denied because order too close to market.
ERR_TRADE_CONTEXT_BUSY 146 Trade context is busy.

Best regards,
BJF Trading Group
Metatrader Expert Advisors

MetaTrader 4 terminal installation.

Download metatrader for free from MetaQuotes Software Corp. website or your Metatrader brokers website and save mt4setup.exe file to you hard drive. File size: 3.0Mb. Launch installation.

Select metatrader 4 installation language

Read Metatrader 4 copyright warning and Press Next.

Read Metatrader 4 License Agreement and Press Next.

Select destination folder or if you want to install Metatrader 4 to a different location and press Next.

Default Metatrader Installation folder: C:\Program Piles\MetaTrader - AlpariUK

Two copies of the Metatrader are prohibited to be started from the same directory simultaneously. To start several metatraders simultaneously, it is necessary to install the corresponding amount of programs in different directories.

Select program grup and click Next.

Press Next and MetaTrader 4 installation should be start.

After successful metatrader installation should be appear window

Press Finish.

MetaTrader 4 demo account opening.

When launching the metatrader for the first time, you will see a window with the registration form.

The following data will be requested to open an account:

• Name — full name;
• Country — country of residence;
• State — area (region, territory, state, etc.) of residence;
• City — city of residence;
• Zip code — zip code;
• Address — street name, house and apartment numbers;
• Phone — contact telephone number;
• Email — email address;
• Account Type — account type to be selected from the list defined by the brokerage company;
• Currency — the basic currency of the deposit to be set automatically depending on the account type selected;
• Leverage — the ratio between the borrowed and owned funds for trading;
• Deposit — the amount of the initial deposit in terms of the basic currency.

Complete all forms fields, select account currency, leverage, deposit and press Next button.

press Next.

Save metatrader demo account Login, password and investor password and press Next.

Congratulations!

Bors F.

http://iticsoftware.com

Metatrader 4 Terminal was developed to real time online trading and technical analysis at Forex, CFD, Futures financial markets. Metatrader —including real-time quotations is available to you in any place where there is a Internet access point: at home, at the office or anywhere in the world (you can use your wireless modem and laptop to log on and work from virtually anywhere.). You can open your chart window without missing a single tick. You can work with Metatrader on chart analysis offline because the quotations is automatically cached on to your computer for offline access.

Metatrader integrates custom strategy development using built-in language for trade strategies, scripts and indicators coding MQL4 (MetaQuotes Language 4) , strategy testing and strategy optimization.

Metatrader 4 includes a library of about 30 of the most popular metatrader indicators: Accelerator/Decelerator Oscillator — AC; Accumulation/Distribution — A/D; Alligator; Average Directional Movement Index — ADX ; Average True Range — ATR; Awesome Oscillator — AO; Bollinger Bands — BB; Commodity Channel Index — CCI; DeMarker — DeM; Elder-rays; Envelopes; Force Index — FRC; Fractals ; Gator Oscillator — Gator; Ichimoku Kinko Hyo; Market Facilitation Index — BW MFI; Momentum; Money Flow Index — MFI; Moving Average — MA; Moving Average Convergence/Divergence — MACD; Moving Average of Oscillator — OsMA; On Balance Volume — OBV; Parabolic SAR; Relative Strength Index — RSI; Relative Vigor Index — RVI; Stochastic Oscillator; Williams’ Percent Range — %R.

BJF Trading Group,

http://iticsoftware.com