The All-In-One Workplace:
MetaTrader4 provides a terminal that has over 50 tools to assist the user in monitoring the stocks, implement various algorithms to perform operations on these data, visualize them and infer meaningful information from it. The workspace is a collection of many similar tools and functionalities organized in a neat and tidy layout and a pleasing user interface. Users can trade stocks, make orders, perform operations, analyze price dynamics of financial instruments and selectto automatically start trading online, where everything is managed and executed automatically by novel artificially intelligent algorithms. It exhibits an all-in-one concept of online trading.
Autonomous Online Trading:
Users can increase their online trading opportunities and improve upon their online trading experience using MetaTrader4 and its Automated Trading System, which utilizes algorithms to automatically predict stock behavior and makes orders on behalf of the user. This also dynamically update its database to keep track of changes in the share market in real time and perform operations accordingly. Therefore, it is the only system in the market that can automatically monitor the market for you and can handle all your trades much more efficiently. It is highly recommended for novice users and for beginners till they understand every bit of the market on their own.
Customized User Operations:
By learning MQL4, users can create their own custom scripts to run onin case they have special requirements and are looking for a specific set of tools to meet those requirements. MetaTrader4 is based on an open-source platform and hence is open to developers to handle their own personal demands without having to wait for the company to roll out software updates. There is also a repository of free-of-charge codebase where the users can upload and download new algorithms suited to their specific needs and make use of them free of cost. It is an added advantage compared to other players.
Dynamics Of Financial Instruments:
MetaTrader4 provides the terminal with nine timeframes of stock data analysis and prediction based on that analysis to improve upon the forecast of stock behavior and dynamics of price of shares. The market changes frequently and real-time data are required to perform such predictions and often historical data also helps. Objects can be applied one over another and even paper-based analysis id possible using the charts. It also allows very financial instrument to be individually analyzed and used later on for other monitoring activities. These tools help simplify the analysis, determine various trends, identify various shapes, and determine entry and exit points from the charts.
MetaTrader4 has mobile apps for Windows, Android, Linux and iOS which allow users to keep in contact with their stocks, transactions, orders and make decisions at the right time. Online trading needs frequent updates of the market in real time to be able to predict possible outcomes with higher probability and mobile apps constantly provide financial news updates and assist in fulfilling this objective. Users can now manage their account completely on the go. Users need to download metaTrader4 Mobile for leveraging these functionalities. It can do analysis, create charts, apply custom scripts and monitor the stocks with updates in real time.
Multiple Accounts In One Place:
MetaTrader4 allows multiple accounts be handled from a single login on a single workplace without having to switch between them every now and then. Multiple accounts can be handled simultaneously, each with different settings, but from a single consolidated workspace. You need to, however, download MetaTrader4 4MultipleTerminal from your retailer to take advantage of these features and they are not accessible from any plugin or software update on any other normal installation. A lot of time is spent in moving between windows and logins which can be spent on monitoring your stocks and earning more profits. This feature enables you to do just that in an efficient way.