Fet0r-trading.com – Successful Forex trading

The MetaTrader was launched in the year 2002 by the Metaquotes Company. Form then on it has created quite a lot of buzz in the foreign exchange market. The foreign exchange market once kept its doors open only to the government, banks and other financial institutions but with the advent of new technology, the doors have opened far more wide and have broken many barriers. Now any individual with flair can trade in the forex market. The technology plays a great role in easing out the task of trading. The MetaTrader in this way has a lot of things to offer to the traders who pinning their hopes on the forex market.

Security is the main issue of any individual who is trading in the forex market. This is addressed in the MetaTrader via the built in security of 128 bit authentication system. The forex market is a global trade. It is carried out in many parts of the world. Therefore there is a potential threat to the trader’s growth in the form of language barrier. The MetaTrader has taken care of this issue since it has a multiple language user interface thereby allowing you to trade using multiple currencies.

Due to the fact that user has to set certain parameters for the program to work for it can sometimes become quite inflexible. Although this is considered quite a drawback this is inflexibility is common among other robots too. However, the benefits offered by the system outweigh this slight inflexibility therefore it does not pose as a major threat so as to reduce the efficiency of the system.

The MetaTrader can be used as a great online tool. It works efficiently for both the newcomers and the experienced the same way. Any trading software to work efficiently on its own a careful selection of the product by the user is very important. The software should suit he needs of the user. Only then it could be of any use to him else it could very well be a mere piece of toy. So better be aware of your needs and then make a selection of the product so that you will not waste your precious time.

MetaTrader 4 Client Terminal has been created to provide trade operations and technical analysis in real time mode, when working at Forex, CFD, Futures financial markets. A wide range of orders allows flexible management of trading activities.

As well as many technical indicators and line studies, there is built-in language for trade strategies programming MetaQuotes Language 4. Using this language, you can create Expert Advisors, Custom Indicators and Scripts. Expert Advisors can analyze the situation on the market, make decisions, put pending orders, and open positions in on-line mode without trader’s participation. Custom Indicators, just like technical ones, can analyze the situation on the market and generate various signals. As for Scripts, they are designed for single execution of some actions.

Client terminal MetaTrader 4 key features:

• – working with securities of Forex, Futures and CFD markets;
• - various execution technologies: Instant Execution, Request Execution, Market Execution;
• - confidentiality of all trading operations;
• - unlimited charts quantity;
• - support of various timeframes (from minutes up to months);
• - large number of technical indicators and line studies;
• - Experts, Custom Indicators and Scripts;
• - MultiLanguage program interface;
• - realtime data export via DDE protocol;
• - signals of system and trading actions;
• - getting on-line news from financial markets;
• - internal e-mail system;
• - printing charts and completed trading transactions statemets.

Advantages:

MetaTrader 4 is the best solution for broker companies, banks, financial companies, and dealing centers. The main advantages of the system are:

• - Coverage of financial markets
  The trading platform MetaTrader 4 covers all brokerage and trading activities at Forex, Futures and CFD markets.
• - Multicurrency basis
  The system is designed on a multicurrency basis. It means that any currency can serve as a general currency used in the operation of the whole complex in any country and with any national currency.
• - Economy and productivity
  Implemented data transfer and processing protocols are notable for their economy. It makes it possible to support several thousands of traders through a single server with the following configuration: Pentium 4 2 GHz, 512 DDR RAM, 80 GB HDD. New protocols reduce both the demands on datalink and their operational cost.
• - Reliability
  In the case of damage to the historical data, the complex has backup and restoration systems. Also, the implemented synchronization allows to restore damaged historical databases within several minutes with the help of another MetaTrader 4 server.
• - Safety
  To provide safety, all the information exchanged between parts of the complex is cripted by 128-bit keys. Such solution guarantees safekeeping of information transferred and leaves no chance for a third person to use it. A built-in DDoS-attacks guard system raises the stability of operation of the server and the system as a whole.
  A new scheme of system working operation was created especially for DDoS-attacks resistance. With its help, you can hide the real IP-address of the server behind a number of access points (Data Centers). Data Centers also have a built-in DoS-attacks protection system; they can recognize and block such attacks. During distributed attacks at the system, only Data Centers are attacked; MetaTrader 4 Server continues its operation in regular mode. Thus, Data Centers increase the system’s stability to DoS and DDoS attacks.
  The implemented mechanisms of rights sharing make it possible to organize the security system with more effectiveness and to reduce the probability of ill-intentioned actions of company staff.
• - Multilingual support
  MetaTrader 4 supports different languages, and a MultiLanguage Pack program is included into distributive packages. It provides translation of all program interfaces into any language. With the help of MultiLanguage Pack you can easily create any language and integrate it into the program. This feature of the system will bring MetaTrader 4 nearer to end-users in any country of the world.
• - Application Program Interfaces
  MetaTrader 4 Server API makes it possible to customize the work of platform to meet your requirements. API can solve a wide range of problems:
  creating additional analyzers for finding a trend of monthly increase of traders;
  creating applications of integration into other systems;
  extending the functionality of the server;
  implementing its own system work control mechanisms;
  and do much more.
• - Integration with web-services
  To provide traders with services of higher quality, the system supports the integration with web services (www, wap). This feature allows realtime publishing of quotations and charts on your site, dynamic tables containing contest results and much more.
• - Flexibility of the system
  The platform possesses a wide range of customizable functions. You can set all parameters, from trade session time to detailed properties of financial instruments of each user groups.
• - Subadministration
  Subadministration mechanisms allow leading many Introducing Brokers on one server quite easily. For processing all accounts and orders of the clients of your IBs, you will need one server only.

 

Leave a Reply