MetaTrader 4 Platform Overview

Hi ND,
Have you tried the cTrader and Protrader platform?
They work with C #.
The code is not simple but seems more secure and robust.

Regards,
Rogério

Originally Posted by rogeriob28

Hi ND,
Have you tried the cTrader and Protrader platform?
They work with C #.
The code is not simple but seems more secure and robust.

Regards,
Rogério

I tried something ... but Metatrader is still the best one (MT4 and I hope it will be same with MT5) so not a problem at all.

Originally Posted by rogeriob28

Hi ND,
Have you tried the cTrader and Protrader platform?
They work with C #.
The code is not simple but seems more secure and robust.

Regards,
Rogério

Hi rogeriob28,

MT4 and MT5 are likely to continue being the most supported trading platforms since a lot of traders use them.

Because a lot of traders use them:

1. bugs in the trading platform are identified sooner since there are more users.
2. new indicator ideas are developed for MT4 MT5 since there are more users.

I've also considered cTrader in the past since my broker offers it but the most important thing to me in choosing is how much support is available.

I would stick with what is the most popular and right now that's MetaQuotes.

madopter

Originally Posted by rogeriob28

Hi Igor / ND.

MetaQuotes abandons MT4, turns entirely to MT5 trading platform
https://smnweekly.com/2016/11/15/met...ding-platform/

With the end of MT4 support what would be the best way to avoid problems in the future?
Migrate to MT5?
Migrate to cTRADER / Protrader C #?

Thank you,
Rogério

Hi Rogeriob28,

MT4 is already 10 years old and that's normal for a fintech company like Metaquotes to move it to MT5. I'm sure Metaquotes will have more aggressive development on MT5 to make it as robust, quick and as stable as MT4. It could takes months or years to be like current MT4 state. There's no official announcement yet from Metaquotes when they stopped serving MT4 but i think the transition period will be taking months or years to be complete judging currently more than hundreds of broker using the platform servicing their clients. So just enjoying using it don't be panic.

I have been trying out cTrader since 2012 and still preferred over MT4/MT5 because majority of indicators, ea or strategies are develop on it.

INTRODUCTION TO AUSTRALIAN DOLLAR

Like Canada, Australia's economy is a service based economy, with over 68% of GDP coming from the service sector. Although agriculture and mining account for only 4.7% of Australian GDP, they account for over 65% of the country's exports. This makes the currency highly sensitive to increases or decreases in the price of commodities, especially gold, as Australia is the world's 3rd largest exporter of gold.

While the country and currency are similar to Canada in many ways, a primary difference is the trade relationships that Australia has developed with Asia, and in particular Japan and China, which represent its two largest export markets. This gives the currency a unique exposure to Asia, which generally does not exist with the other non Asian currencies we have studied up to this point.

As Kathy Lien points out in her book Day Trading the Currency Market, the Australian economy was able to whether the Asian financial crisis relatively well, so while there is exposure there, it is also important to keep a watch on the country's historically strong domestic consumption, in times of global economic slowdowns.
The last major factor to keep in mind about the Australian Dollar, is that Australia has one of the highest interest rates in the developed world, currently at 7.25% as of this lesson. This has made the currency one of the primary beneficiaries of carry trade flows, which we learned about in my 3 part series on the carry trade, in module 3 of this course. These flows, combined with the facts that many commodities that Australia exports are at all time highs, and the Australian economy has remained relatively strong through the current crisis, has moved the AUD/USD to 25 year highs as of this lesson.

AUD/USD Monthly:

Trading legend John Bollinger discusses industry analysis, and how it will improve your odds of success as a trader.

MetaTrader 4 Help - What The Numbers In The Expert Testing Report Mean

Any expert can be tested on history data. After the expert has been tested, the summarized expert testing results and some key characteristics are displayed in the "Report" tab. Reports allow comparing to each other both various experts and the working results of the same expert with different inputs working. This article explains how to read such reports and to interpret the obtained results properly.

Crude oil can be effected by political tensions and people's views on the economy; it is a very volatile market and can easily move 200 to 400 points a day. It is as such one of the more volatile markets out there.

Major economic events and fundamental developments are monitored by currency traders as it reflects the strength of a country's economy.

Trading the News is often difficult as it producers sharp movements in the exchange rate, but can be used to generate trading opportunities. David Song will go through a basic strategy that will provide tools to help manage the risk of loss, along with a few trading tips that can assist currency traders to avoid being on the wrong side of the market.

Technical analysis, advanced trading functions, Market of trading robots and indicators, Trading Signals & Virtual Hosting - find out what your MetaTrader 5 trading platform can do!