MetaTrader 4 offers advanced charting capabilities to determine entry and exit points with technical analysis, which uses historical price and volume data to help traders make predictions. The MT4 platform offers the highest security standards to protect traders’ funds. The client terminal and platform’s servers exchange data secured by RSA digital signatures through encrypted servers. The Strategy Tester helps to test the performance of trading robots and find the best input parameters before executing EAs on real accounts.
How to use profit and trading calculators
- MT4 opens with four charts by default, each representing a unique currency pair.
- Choose from the best Masters of Forex and diversify your trading portfolio.
- Top-3 participants receive $500, $300, and $100 for the first, second, and third positions, respectively.
- Download our app and keep track of your orders whether you’re in the office, on vacation, or at home.
It’s trusted by individual investors, introducing brokers, and trading companies. It is flexible enough to implement both simple and highly complex trading strategies. The platform supports trading in Forex, indices, and cryptocurrencies.
Test FREE MetaTrader 4 Demo Account Before Jumping on MetaTrader 5
Experienced traders often use MetaTrader 4 demo accounts to test new trading strategies before using them in real trading. The MT4 platform offers 30 built-in technical analysis indicators for making calculations based on price movements. These indicators allow traders to predict or confirm trends, patterns, and support and resistance levels.
Download MetaTrader 5 for your device
Choose from the best Masters of Forex and diversify your trading portfolio. Bitcoin, Ethereum, and Litecoin are available on the MetaTrader 4 platform. To show the hidden timeframes, right-click any of them and choose Customise. Then, use the menu to Insert timeframes into your toolbar or Remove them.
Download MetaTrader 5 on your phone
The entire process is based on the historical quotes of currencies and other financial products, for which there are several testing modes. Identify trends and support or resistance levels for price forecasts with MetaTrader 5 charts. Enable trading robots to see changes in currencies, indices, and other security quotes. MetaTrader 5, or MT5, is a next-gen multi-asset trading platform that will replace MT4 in the very near future.
Realise the advantages of being a Copier
On desktop, simply right-click on the list of symbols and select the Show All option. On mobile, press the + button on the first tab from the left and select all cryptocurrencies you would like to add to your instruments list. You can develop your own set of rules https://limefx.name/ for trade entries and exits with the help of automated trading robots (Expert Advisors), which help avoid instinctual blunders while trading. As the system trades mechanically, based on predetermined conditions, your performance won’t be affected by emotions.
MetaTrader 4 (MT4) provides robust technology and high security, helping users trade without worrying about the platform’s stability. It offers tools for price change tracking, trend pattern recognition, and automated trading. Opening a MetaTrader 4 Demo Account is the best way for a new trader to check out the platform, get familiar with the tools and learn trading techniques. The account works like a live account, except that it allows you to trade with virtual money rather than real money. Once you feel confident with trading, you can migrate to MetaTrader 5 to get access to even more features.
These flexible software utilities can automatically execute trades and assimilate all the information available on the platform to conduct market analysis and Forex trading. This means you can develop, test, and apply EAs to eliminate obstacles in analytical trading activities. Expert Advisors are written in a proprietary programming language called MetaQuotes Language Version 4.
For instance, the EAs are programmed to monitor fluctuations in various currencies and automatically enter and exit market orders once your predetermined trading indicators are reached. We’ve created and keep improving Lime FxTrader to help you earn more efficiently. Their market analysis service offers the latest currency rates, including EURUSD and GBPUSD and tools allowing you to keep track of markets, important news, and upcoming events, such as the Economic Calendar.
The MetaTrader 5 trading platform offers numerous templates and profiles to enable traders to change the colour schemes and analytical objects applied on the chart. MT5 has 21 timeframes for all financial instruments, and provides more than 80 popular analytical tools, as well as the ability to construct charts based on other indicators’ data. Opening a MetaTrader 4 demo account is the best way for a new trader to check out the platform, get familiar with the tools, and learn trading techniques. The account works like a real account, except it allows you to trade with virtual funds rather than real money.
To make any meaningful profit with this strategy, you need to place multiple intraday trades. Even though the price changes are small, they add up over the course of the day—smaller profit opportunities are easier to catch than the larger ones. This is also a good risk management strategy, as it doesn’t involve taking on big risks in the hope of huge profits. This electronic trading platform is used by new and experienced traders alike.
Developed using programming language MQL5, MetaTrader 5 allows Black Box Programming, which makes it a viable choice for developers and users of trading robots. They analyse quotes from financial instruments allowing traders to execute the most profitable trades. Thousands of these indicators can be downloaded for free on the MQL5 code base. At Lime Fx, you can trade on your MetaTrader 4 demo account to win real money in our monthly Forex demo contest with a $1,000 prize fund. Top-3 participants receive $500, $300, and $100 for the first, second, and third positions, respectively.
MT5 can also be accessed from a smartphone or tablet, whether it has an iOS or Android operating system. Trade anytime and anywhere, and have access to trading information 24 hours a day, even while you’re traveling or on vacation. It is super easy to download and install the terminal on any compatible device. You can make a deposit or transfer money from your Lime Fx trading account. MetaTrader 5 scalping allows you to turn many small profit opportunities into a big one. The idea of making the trading space more comfortable was the start.
There is color coding to demonstrate the difference in expected values and actual values of the indicators. For example, by choosing one of nine different timeframes (including one minute, five minutes, one hour, daily, weekly, monthly, and more). You can also add graphical objects to the charts, such as shapes (rectangle, triangle, ellipse), arrows, and text. MT5 has 44 analytical objects, including Gann, Fibonacci retracements, Elliott Tools, Geometric Shapes, and more. Apply objects on charts manually, set calculation parameters, and customize the appearance of graphical objects according to your taste. MetaTrader 5 is available as a web platform that’s compatible with Windows, Linux, and Mac OS.
You can set up copying in equal, double, or triple volume or you can specify the preferred copy proportion manually. Choose from 300+ trading instruments, limefx including shares, commodities, and indices. MetaTrader 4 is available as a web platform compatible with Windows, Linux, and macOS.
Market volatility presents several attractive profit-making opportunities when you use Forex robots, as they provide greater accuracy and speed in trading. EAs are programmed to monitor fluctuations in various currencies and automatically enter and exit market orders with trading logic used in the trading system. It’s easy to add cryptocurrencies to your list of instruments on the MT4 platform.
Its back-testing functions are not only faster than those of MT4, but it also allows simultaneous multi-pair testing. We strive to offer the best trading conditions on the market to make trading easier and more profitable for our traders. The focus is on making trading easy and more profitable for traders. In order to make your learning process with Lime Fx more engaging, we suggest to train on MetaTrader 4 Demo Account to win real money. Register for Lime Fx’s long standing Forex Demo Contest, which has a $1,000 prize fund and lasts for a month. To participate in this contest, simply register for a new Demo account.
At Lime Fx, we provide the MT4 platform to help our clients trade efficiently and with complete peace of mind. We also offer educational materials and MT4 demo accounts for all traders, letting them practise in a risk-free environment. Web and mobile trading platform OсtaTrader enables you to diversify and upgrade your trading. You can also create accounts on the MetaTrader 4 and MetaTrader 5 platforms to trade Forex, cryptocurrencies, and other instruments. Compare the platforms’ features to find the one that is right for you. Scalping allows traders to take profit opportunities even when the price changes are very small.
