What Is Meta Trader?
If you have never heard of this, you might be asking "What is this and what does it do
?" Meta Trader is Forex trading software written in its own language called MQL-4. This program was created by MetaQuotes Software Company. This can be used on any type computer and platform. In fact this software has at least three different platforms, Single client terminal, MetaTrader Mobile and MetaTrader MultiTerminal. Let's talk a little about these and what they do. A single client terminal is one where there is a single terminal and account used. This is one computer that has the MetaTrader 4 application on the individual unit.This means that the software can be set up and run on one computer terminal and will allow automated trading whenever you specify and with the Expert Advisors that you create. Now mobile terminals are for use for a PDA or a Smart Phone. You can trade and manage your account from anywhere as long as you have access to a Smart Phone or PDA. So you can trade from anywhere. If you have several accounts, then the MetaTrader 4 MultiTerminal is for you. You can manage multiple accounts from a MultiTerminal.
So, with that being said, this is a free of charge program specifically designed for online trading of the Forex market. This program has several built in indicators that allow analyzing of securities quotes while the MQL4 network develops and uses automated trading. So what are the parameters for using this software and do you have to have a PhD to use it? The parameters are simple, just download and install. This software comes with its own language and platform so that you can customize Expert Advisors and also allows for the usage of other software programs to automate.
What operating systems can this be used on? Windows, Linux, MAC and iPhone for example are some of the OS that are supported with MetaTrader. There are many more that are used but these are the most commonly used for the MetaTrader 4 program. This program also is very customizable. You can customize it or have someone who is proficient in MQL-4 or C++ to customize the Expert Advisor for you as well as automate the system according to your needs and desires. No matter if you are a single client or have multiple accounts, they can be customized to fit yours and your clients needs.
So, you can install this on laptop, desktop or mobile phone for your convenience. No matter where you are, you can trade Forex by a predetermined set of indicators that will allow you to trade with ease. The good thing about this is that it is a robot and doesn't deal with emotional trading therefore it will only analyze the markets and act accordingly. So if you haven't gotten this program yet, what are you waiting for? This is a free download and with customization will allow to you to make a profit for yourself using the Forex market.
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