Online trading reviews: 4 Advantages of Using a Free Metatrader 4 Platform By: Jay Molina From: http://myfxventure.com/
Metatrader 4 is the most popular Forex trading platform available online. Metatrader 4 or MT4 for short is used by millions of traders and it always gets the best online trading reviews when it comes to trading platforms. In this article you will learn the main advantages of using a free Metatrader 4 trading platform, get a link to the userâ€™s manual for Metatrader 4, and a link to the download of Metatrader 4. Several useful indicators, charts, and trading tools: Metatrader is full with indicators, scripts, technical analysis tools and several other add-ons to help you perform your trading analysis efficiently. In addition, they offer you multiple timeframes, and several currency pairs to trade. The charts from MT4 allow you to draw support and resistance levels, trend lines, Fibonacci retracements, channels and much more. The possibilities are virtually endless with Metatrader 4. One of the most important benefits of using Metatrader 4 is the implementation of automation into your trading what can help you to automate your trades. Easy to download, access, install, and use: Over 300 brokers from all over the world offer you a free download off Metatrader 4. MT4 comes in the way of a download that you can install on as many computers as you want. Furthermore, you can access your trading platform at any time and it takes only 2-3 minutes to install. Learning how to efficiently use and trade with MT4 might take you a few weeks and to help you get started you can download Metatrader 4â€™s user guide here : http://www.metatrader4.com/downloads/help/metatrader4mobile_en.chm There are thousands of extensions for Metatrader 4: MT4 has its own language called MQL4 which allows anyone with programming skills to design custom indicators and automated trading systems (better known as expert advisors or EAs). You can also find thousands of tools online such as automated programs to perform several tasks such as: send you an email alert, place a trade, create a pop up alert, close a trade, and much more. Improve your trading skills a single penny: The capability to trade with a demo account that has the same features than a real live account is priceless! The best part is that most brokers give
you a 90 days free trial of Metatrader 4 and if you reach the 90 days and still need to demo trade you can just open a new account. Most brokers offer a free account and you can open it with up to: Many Forex online brokers will let you download a free version of MT4 and also they will let you open an account with as much trading funds as you want. Demo trading accounts can be very useful especially for those of you who are beginners and still need to work on your trading skills. You can open an account and download Metatrader 4 here: http://www.fxdd.com/en/forex-tradingsoftware/metatrader.html
There are two components that are needed for successful Forex trading. First, you must ensure you have all the basics down, that you have a profitable trading strategy, and a trading plan. Second, you will need to make sure you have the best tools to help achieve your trading goals. I will be posting more useful online trading reviews in the following days. Donâ€™t forget to leave me your comments below. Best regards, Jay Molina Pro Forex Trader & Educator
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