Access and manage your trade proceedings easily!
MetaTrader 4 from MetaQuotes Software Corp. helps users trade Forex through their iPhone and iPads. It is an advanced app with specialized features to know about the market conditions and other trading operations. Also for those who do not have an account can create one with ease.
There are around 30 technical indicators here to analyze the market conditions and keep you updated about the news and mails. There is a full set of orders which also include the pending ones as well. The users of iPad have the access to trade through the given charts. This makes the operation easier. Also there is an option to view the history so that you can keep a track upon the previous searches.
There are quotes available in MetaTrader 4 as a financial instrument which helps you in accomplishing an order. These quote chart can be configured and adjusted by changing the color of bars, grids and volume. Also there are more than 1400 servers of brokerage companies through which you can trade in Forex.
The graphics is quite advanced which supports high resolution. iPad users can view 4 charts at a time in a single screen. This gives them a better view while they scroll down the charts and zoom it as per the need. The interface is quite convenient, having a tool box which includes orders, news, journals and E-mails. You can discuss about the trade proceedings then and there with any registered MQL5.com user via chat option.
The first thing to do when you open this app is login to your account. If the user is a novice, he can create a demo account. The quote chart is the first thing once you enter. At the bottom, there are options such as charts, trade, history, settings. Every chart has different setting options. There is a search option for servers and brokerages. You just need to fill the search box with the name of the company or the server and within seconds numerous names will be displayed on the screen to choose from.
To edit a chart, a user needs to press and hold on to the chart. You can resize, delete or move the indicator from the chart itself. Overall, MetaTrader 4 is a sound app with impressive 9 time frames- M1, M5, M15, M30, H1, H4, D1, W1 and MN1. The last two are recently added to the new version.