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Thread: Compared to MT5,what is the advantage of MT4?

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    Mt4 is so simple and so easy software for uses forex trading business then Mt5.The installation of MT4 is so easy then MT5.The great thing in MT4 is that having many indicators in it and we can make more indicators in it which help us in trading business.

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    I am newbie i use mt4. I'm satisfied with my mt4 terminal.I think MT4 is old software than MT5 but this meta trader version have more indicator than MT5. Beside that in MT4 a trading strategy like hedging are allowed then like in MT5 thats hedging trading strategy are not allowed.

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    The Forex market has adopted the MetaTrader 4 trading platform as the market standard and it is used by hundreds of brokers around the world. This was not a random decision. The MT4 platform offers advanced technology as well as enhanced security so the trader can open and close Forex positions without having to worry about the stability of their platform. This platform offers over fifty technical indicators that come pre-installed. MT4 gives the user nine different time frames and three different chart times. All these key features give a trader the ability to monitor the market with accuracy enabling entry and exit from the market with precise timing.

    MetaTrader 4 Review

    The following is a list of advantages offered by the Forex MetaTrader 4 platform:

    1. User Experience: Extremely user-friendly interface, enabling new and experienced traders to trade this complex and volatile market with ease and comfort. Traders of all levels find this Forex platform easy to use. Mobile trading applications offer you access to your MetaTrader platform wherever you might be. You can download the MT4 platform for your home computer, tablet and phone.

    2. Language: Users around the globe can benefit from the MT4 platform and all its data, in their own native language. A very wide range of languages are available.

    3. Charts: In addition to the MT4's advanced and user friendly trading features, the platform also offers advanced charting capabilities. This advanced charting enables traders to trade and analyze the technical aspects of the market simultaneously. You can change the colors and styles of the charts and even load preset templates to reflect your personal preferences. This makes the charts easier to read and since you can remove functions that do not interest you, the focus will be on your personal priorities.

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