Summarized as points, please.
they are different thing.
they are different thing.
In terms of graphical/display capabilities there is no difference right?
Being more specific, any technical analysis performed on Bloomberg terminal can also be performed on MetaTrader terminal?
What is terminal?
Big Players or Large Financial Firms Using Bloomberg Terminal
MT4 famous only in small traders and in Forex Brokers (Mostly Brokers age less then 10 years), MT4 famous for Automated Trading via Expert Advisor
In Big volume trading like in Stock trading there no concept of AUTO Trading , their trade runs for years and they holds for long
Any Market Data will remain same in all terminals
What is terminal?
"Terminal" is "ATM machine" in Russian language.
When I go to supermarket or to the bank to take cash from Visa card so I will use terminal
:)
"Terminal" is "ATM machine" in Russian language.
When I go to supermarket or to the bank to take cash from Visa card so I will use terminal
:)
That Physical Terminal, It's Software Terminal
In English Terminal means Forming of a BodyThat Physical Terminal, It's Software Terminal
In English Terminal means Forming of a BodyMetaTrader 4 Help - Client Terminal – User Guide
MetaTrader 5 Help - Trading Platform - User Manual
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So, the Bloomberg is terminal, MT4 is the terminal, ATM machine is terminal,
But Metatrader 5 is the Trading Platform!
:)
Sergey Golubev:
So, the Bloomberg is terminal, MT4 is the terminal, ATM machine is terminal,
But Metatrader 5 is the Trading Platform!
:)
How can anyone compare Bloomberg Terminal with Metatrader 4/5 Platform?!
Yes, they are both ment to analyze the chart and execute trading orders, but in the end both are totally different.
Starting with the fact, that renting a bloomberg terminal costs around 14k $ a year. Therefore you get news ahead of other market competitors;
you can compare it with a very fast sqawk box [that you normally must pay either].
I think that you will also get some sentiment data, and other buy/sell advisements.
Belonging to Bloomberg means belonging to a big community of (big) market traders,
while belonging to the mql community means actually the same, with the only difference that there is a big moderation team at bloomberg that analyzes the market data beforehand and delivers the most significant to its subscribers.
Also to mention is for ex. Reuters Eukon, which is sort of the same (with less subscribers).

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