About Software Metatrader Forex

Software MetaTrader (MT) is the software that many

used for trading forex, CFDS or commodity, such as

Gold or Silver. This software can be installed on the computer-based

Windows, and there is also a mobile version, for the operating system

Windows Mobile, iOS and Android.

MetaTrader has advantages compared to the trading platform

other, namely:

-Light and fast, can run well although the connection

the Internet is not too fast.

-Has the look of a user friendly, easy to use.

-Standard indicators which Have quite a lot of

-Have the MQL (MetaQuotes Language), the language

programming to create your own indicators.

-Features the Expert Advisor, which allows

trading automatically, no longer manual.

MetaTrader has reached version 5 (MT5). But for the most

forex brokers still support version 4 (MT4). In General, the

MT4 MT5 and look very similar. Here is the difference

between MT4 and MTS.

-MT5 faster than its predecessor.

-MT5 can be used for trading stock.

MT5-more user friendly with larger icons

-MQL Programming in MT5 more sophisticated and fast,

its parameters are similar to C++.

-Order System in contrast to the MT4 MT5. For

more details please look at the following illustration.

System change order on MT5 with regard to regulations

NFA (National Futures Association). For example note

the last line in the table. If we use MT4, for example

We open a buy position of 1 lot of EUR/USD, then opened

more buy 1 lot. Currently we have 2 buy position each

1 lot, and last opening again 3 lot sell position, then we

It has 3 positions, i.e. 2 position buy each 1 lot 1

position sell as many as 3 lots.

In MT5 is not. Order system are

accumulation. For example we memhuka 1 lot EUR/USD buy position,

then open it again buy 1 lot. So this time we have

1 position buy a number of 2 lots. Then when we reopen 3

lot sell position, then we will have a position, i.e. live 1

sell 1 lot numbers of positions. This accumulation of 1 lot buy + sell lot 3

sell 1 lot =.

Because the system of orders, many traders

each use MT4. This is because many traders

easy money management reasoned, because it could close a position

some in the past, while the other position is still open. Partly

hedging strategies for a reasoned, or often called locking.

This strategy is done by opening two opposite positions.

For example we open a Long position, it turns out that loss. Then

the position of the key us by opening a Short position. Iadi

Now we have two Long and Short positions of the same-

the same open. Thus our losses become limited.

The price moves anywhere, our loss is still the same. In MT5

This we cannot do. If we have a Long position

and then open a Short position then considered the second

the position has been closed.

After knowing the difference between MT4 and MT5,

Please choose which version of ndenggunakan. The

important make sure your broker supports MetaTrader version