Accepted: Executing a trade This is a straightforward process. For a currency trade for instance, you go to the New Order button on the platform toolbar, select your currency pair, enter the size of your position, choose your buy and sell limits and stops — binary options from mt4 well as your loss limits and profit targets.
If you are using an off-the-shelf EA, you should always ensure it is from a trusted, reputable source.
Traders simply go to that menu, choose which indicators they wish to add to their own charts and how they want each indicator to be visualised in terms of line style and colour. In short, MT4 enables traders to control what information they rely on — and how it is presented.
Why use Metatrader4? Whether you are a novice trader — or perhaps a seasoned trader looking to put together your own automated trading aid, the MQL4 community site is worth visiting. You can trust that the current prices you are looking at are bang up to date. On top of the desktop versions, there are stable and secure variants for Android, iOS mac and Linux.
So where next? Browse our up to date platform reviews — including a wide range of brokers who offer variants of the MT4 platform — to find the package that best meets your needs.
Top 5 brokers.