Trading Platforms

MetaTrader5™ Trading Platform

 

Introduction to MetaTrader 5

MetaTrader-5 or MT5 is a 5th generation free trading platform released in 2010 by MetaQuotes. MT5 provides trading services to customers in Forex, CFDs, and Futures, as well as equity markets.

  • Versions/Operating Systems: Windows, MACos, WebTrader, Ios, and Android

MT5 and MT4 Comparison

In comparison to MT4, MetaTrader-5 offers more features such as direct stocks and futures trading, more timeframes, analytical objects, market depth, and six (6) types of pending orders. In addition, the programming language MQL5 is more advanced than MQL4.

Trading Assets

Using MetaTrader-5 you may trade Forex, Stocks, Indices, Futures, Bonds, CFDs, and Cryptocurrencies. Both manually and automated trading are supported.

 

MT5 Basic Features

(1) MT5 is designed to provide traders with access to Futures, CFDs, and Stocks

(2) The platform is written in the MQL5 environment (C-like programming language) and includes an MQL5 built-in editor and compiler

(3) Offers six (6) types of pending orders

(4) Supports both manual and automated trading (Expert Advisors)

(5) MT5 isn't backward compatible with MT4

(6) MetaTrader-5 offers more timeframes than MT4 (21 timeframes, in total)

(7) Offers 38 technical analysis indicators and 44 analytical objects

(8) There are MT5 mobile traders for iOs and Android

(9) MetaTrader-5 offers Depth of Market (DOM)

(10) Multi-threaded strategy tester (advanced EA backtesting)

(11) MT5 offers both Hedging & Netting (MT4 only hedging)

(12) MT5 offers an economic calendar

MetaTrader4™ Trading Platform

 

Introduction & Short History

MetaTrader4 or MT4 is a free platform, supported by more brokers (300) than any other trading platform. The software is developed by MetaQuotes Software Corporation, which was found in 2002. By that time (2002), MetaQuotes released the FX Charts online trading platform. MetaTrader-4 is their 4th generation platform and it was completed in 2005. Since then, MT4 is one of the most popular trading platforms worldwide.

  • Versions/Operating Systems: Windows, MACos, WebTrader, iOs, and Android
  • MetaTrader4 Available Asset Index: Forex pairs and CFDs (Stocks, Indices, Commodities, Bonds, and Cryptocurrencies)

 

Basic Features of the MetaTrader4 Platform

(1) MetaTrader-4 is a 100% free platform for traders

(2) The platform is written in the MQL4 environment (C-like programming language)

(3) MT4 includes an MQL4 built-in editor and compiler

(4) Supports both manual and automated trading via Expert Advisors (EAs)

(5) MetaTrader4 allows traders to program custom indicators and automated trading systems

(6) Allows receiving trade signals from listed signal providers (copy-trading)

(7) The MetaTrader 4 includes the MultiTerminal option which is designed for managing multiple accounts simultaneously (PAMM/MAM Accounts)

(8) Mobile apps for iOs and Android

(9) The next generation of MetaTrader Platform is the MetaTrader5 (also reviewed by the TradingCenter)

(10) Supported languages include English, Spanish, Russian, German, Arabic, and Chinese.

StrategyQuant: Strategy Analyzer

Aiming to Build Automated Trading Strategies That Work

The StrategyQuant offers a revolutionary software platform for automated- strategy building and backtesting without any programming skills.

What is StrategyQuant?

StrategyQuant is an advanced software solution for building fully-customized automated trading systems. The only thing that is required is to select a particular financial market and a timeframe. Next, StrategyQuant will generate a great number of automated strategies. The user can select the strategies that show the best results. Finally, the user can optimize and re-optimize those strategies using the StrategyQuant powerful walk-through optimization modules.

14-Day Trial Containing Foreign Exchange Data

Before purchasing the StrategyQuant license, traders can test a fully-functional trial version that lasts 14 days. The trial version contains also Foreign Exchange data. More specifically data from the 4 majors: EURUSD, USDJPY, GBPUSD, and USDCHF.

The Platform's Main Functions

These are the main functions:

STRATEGYQUANT 3D CHARTS□ Generate EAs for all major trading platforms (MT4, MT5, NinjaTrader, and TradeStation)

□ Build from scratch any automated trading strategy and use randomness to simulate any market conditions

□ Includes 4 operational modes: (building strategy, re-testing strategy, improving strategy, and strategy optimization)

□ Trade any asset class (Currencies, Stocks, Indices, Commodities)

External tick-data support and 3D Charting

□ Strong after-sales support and community with thousands of active members

The StrategyQuant Free 14-day Trial Here

Subcategories

About TradingCenter

TradingCenter provides essential information and tools for learning and trading the Global Financial Markets. TradingCenter helps investors to improve their skills and their level of understanding regarding core mechanisms of the trading process.

© (2012-2019) TradingCenter.org by Qexpert.com

Search