MetaTrader 4 (MT4)
MetaTrader 4 (MT4) is a popular electronic trading platform used by retail traders for forex, commodities, and other financial instruments. Developed by MetaQuotes Software, MT4 provides traders with access to live quotes, charting tools, technical analysis, and automated trading through Expert Advisors (EAs). The platform is widely used for its user-friendly interface and the ability to customize trading strategies using algorithms.
Example
A forex trader uses MetaTrader 4 to place trades, analyze currency pairs, and run automated trading strategies through Expert Advisors.
Key points
• A popular trading platform for forex, commodities, and other financial markets.
• Provides access to live quotes, charting, technical analysis, and automated trading tools.
• Known for its user-friendly interface and ability to support algorithmic trading.
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