Metatrader 4

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Hi everyone,

I am new on this forum.

I have a simple question: what is Metatrader 4 ?

I use and compute my systems on TradeStation 8.0.

I never heard about Metatrader 4 ?

If someone could post some info.

Thx in advance

 

Metatrader 4 is a trading platform that has become very popular in recent years. Was made by a company called Metaquotes from Russia. It comes with its own IDE that allows you to program custom indicators and automated trading strategies known as Experts or Expert Advisors. Lots of talented people from this and similar forums have been spending hundrets of hours developing systems to be used with the platform and making them available mostly for free to traders from all corners of the globe.

Do you guys think I got it right?

 

Thank you very much for these infos.

Tradestations uses its own language (EasyLanguage).

What is the language use on Metatrader 4:

C ++ ? or something "easier".

Where can I found the software (buy, download)

cheers

 
inside4x:
Thank you very much for these infos.

Tradestations uses its own language (EasyLanguage).

What is the language use on Metatrader 4:

C ++ ? or something "easier".

Where can I found the software (buy, download)

cheers

Hi,

MT 4 is free, you can d'load from www.metaquotes.net/mtsetup.exe (just for demo)

or might be you can buy it.

for programing used MQL, please go to meta trader development course area/thread , you can learn it How to make a program ( posted by codersguru)

hope this help

 

New MetaTrader 4 Mobile build 196 has been released

New MetaTrader 4 Mobile build 196 has been released.

DOWNLOAD

What’s new:

1. Fixed error of symbol list saving in the Quotes window.

2. Fixed error of indicators dialog box displaying.

08 September 2006

MetaTrader 4 build 196 has been released.

What’s new:

1. Tester: Added visualization of testing.

2. Tester: At testing the expert template .tpl is applied. If such template is not found, tester.tpl is used.

3. Tester: Improved drawing of balance at testing.

4. Tester: Added the reopening positions mode.

5. Tester: Now works with all history data not limited through «Max bars in charts».

6. Tester: Corrected swaps calculations.

7. Tester: Pending orders are now executed without slippage.

8. Tester: Modified visualization control — Added slider bar to regulate the rate.

9. Tester: At visualization, pressing of F12 will immediately call a new quote, even in the standby mode.

10. Tester: Displaying of trade levels (if enabled) during visualization.

11. Tester: Deletion of objects from test chart at testing restart, if there is no test template.

12. Tester: Fixed WindowsTotal function, it returns a correct test result now.

13. Tester: Fixed checking of pending order expiry time.

14. Tester: Added memory deallocation at closing of the tester window.

15. Tester: Changed expert initialization procedure at testing. Now the expert is initialized either from the 100th bar or from the expert starting date, if testing date range is defined.

16. Fixed vertical positioning at moving of the chart with specified scaling.

17. Fixed cursor positioning for small-scale charts.

18. After the «Preview» command has been called, the arrangement of windows does not change if the chart switching toolbar is enabled.

19. Added new method of margin calls calculation: CFDLEVERAGE.

20. Added arrangement of windows at the first start of the terminal after installation.

21. Added early termination of viewing objects properties in the «Objects list» dialog box.

22. Fixed error of expert deinitialization after recompilation.

23. Fixed history pumping at bars modifying/deletion/addition in the History Center.

24. Fixed balance graph displaying in the detailed report when showing history limited by the upper date.

25. Fixed cursor positioning for large-scale charts.

26. At failure of array initialization the message is logged in journal.

27. MQL4: Fixed error at passing some string parameters to the function.

28. MQL4: Fixed function MarketInfo() for symbols with zero spread parameter.

29. MQL4: Updated checking of parameter of function at compilation.

30. MQL4: The limit of the initial array initialization is increased to 100 MIO of elements.

31. MetaEditor: Added descriptions of trade execution errors 142, 143 and 144.

32. MetaEditor: Extension is not cut from the filename at saving of the file.

33. MetaEditor: Updated descriptions in the Dictionary.

34. Added context search in the Client Terminal Help files.

35. Added the code of Error 148 — «Too many open orders».

36. Added missing descriptions of errors instead of .

37. When inserting arrow objects and pressing Shift or Ctrl, the arrow inserting mode is not reset.

38. Improved working with memory. Experts do not reallocate small memory segments now.

39. Improved memory control during data pumping.

 

Forex beginners

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Just my 2 cents...

I used Tradestation in the past and it's a great platform. But it doesn't beat MT4, in my opinion.

The applications (EAs, indicators, scripts, etc.) are written in MQL (Meta Quotes Language) which is a language very close to C. So if you're familiar with the C language, you will not be lost in MQL. There are also lots of tutorials on beginning language programming. It will be well worth your learning time, because MT4 really does have infinite (well maybe not "infinite" ) possibilities.

Happy trading,

 

tradestation

diferent strokes for diferent folks i gess.

i used TS when i trading stocks and it was top of my list fgrom the other 5 platforms i used. tried it for FX and it suck. just my opinion

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