MetaTrader 4 is professional online trading software which is designed to help the traders by providing them broker services at Forex, Futures and CFD markets. It is stand alone software and no other platform is required while using this software. This software doesn`t operate on Windows 95. The platform has in it all necessary components for brokerage services via internet including the back office and dealing desk. It is renowned worldwide for its high standards of business performance and is currently being used by over more than thousand companies.
MetaTrader 4 provides several different installations for the account management like MetaTrader 4 Client, MetaTrader 4 Mobile, and MetaTrader MultiTerminal. The latter allows one to simulate multiple accounts at a time. The client version is great and provides trade operations and technical analysis in real-time mode. The MetaTrader 4 platform has a user-friendly front-end trading interface, which is liked by the customers. It provides features like technical analysis, and charting ad also gives expert advices to help the users develop their own trading strategies. It helps is analysis of the price movement on the market by means of three market factors which are price, volumes, and, in case of study of futures contracts` market, of an open interest. It provides vast number of technical indicators which simplifies mathematical calculation, based on prices or volume or both. he figures received are used for forecasting price changes. Some of these are Accelerator/Decelerator Oscillator, Envelopes, Force Index (FRC), Momentum, Relative Strength Index (RSI), Relative Vigor Index (RVI) and many more. Technical analysis also includes trading systems which is a set of instructions which advise opening or closing trading positions based on the results of technical analysis.