To access indicators and plugins on the MT4 platform, go to the “Navigator” window in the top-left corner of the screen and open the “Indicators” folder. You can then drag and drop the desired indicator onto the price chart. Converting an MT4 demo account to a live one isn’t possible. Enter your login and password for your worldtradex trading account in the “Existing trade account” field or, if necessary, create a new account in this window. In the “Modify order” tab you can adjust all or several orders placed for one or several accounts.
Торговые платформы MetaTrader 4 и MetaTrader 5
To activate an EA on a specific price chart, first enable the “Auto Trading” function on the toolbar. Then, drag the EA from the Navigator window and drop it onto an open price chart. You’ll know the EA is active when you see a smiley face icon in the upper-right corner of the price chart where the EA is applied. Expert Advisors (EAs/trading robots) are essential if you seek to automate your trading.
Trading platforms MetaTrader 4 and MetaTrader 5
Once it’s installed, log in using your account number and the password provided by your broker in a registration email. To do this, click on the “Login to Trade Account” tab and choose the broker’s registered server as a designated server. Forex trading platforms are designed with user-friendliness in mind. Aiding in risk mitigation are mechanisms like stop-loss and take-profit orders, designed to optimize the sought-after profit margins. Additionally, mastery of trading is underpinned by delving into both fundamental and technical analyses. This video will provide you with step-by-step instructions on how to download, install the MetaTrader trading platform and connect it to your trading account.
MetaTrader4 vs. MetaTrader5
Every connected account that has open counter positions and every open position are displayed in table lines. If there is no need to close positions for an account, this account line must be unchecked in the table. To close counter positions for a particular instrument, press “Multiple Close By” button. An opposite position in relation to the given position is a counter position for the same instrument. If there is one or more counter positions among open positions, the selected position can be closed by the counter one. In this tab, one can close a position by a counter position for all or selected accounts.
The platform was developed using the MQL programming language, which is popular among experts and runs smoothly even on computers with limited resources. The MetaTrader 4 interface comprises an array of functional windows. The investment instruments tab, for instance, showcases assets earmarked for buying and selling.
- Expert Advisors (EAs/trading robots) are essential if you seek to automate your trading.
- Counter positions for all or some of the managed accounts can be closed using this tab.
- MetaTrader 4 and MetaTrader 5 are leading platforms for trading in the global Forex market.
- When you download MT4 from worldtradex, the MACD and Moving Average EAs are already installed.
Differences between the MT4 Demo Account and a Live MT4 Account
Apart from the provided plugins and indicators, you can also acquire additional plugins, and if you’re tech-savvy, you can even create your own. However, the introduction of MT5 doesn’t mean that its predecessor, MetaTrader 4, became obsolete. Both platforms continue to serve different purposes and cater to different user preferences. The new platform has addressed the limitations of MT4 and introduced various new features and interfaces.
Each connected account with open counter positions is displayed in a table line. If you don’t want to close a counter position for a particular account, uncheck the box with this account. To close a position, select it from the account’s popup positions list, then check a counter position in the list of opposite positions and press “Close”.
These plugins allow you to customize the MT4 platform according to your specific trading needs. When you download worldtradex MT4, you’ll receive a collection of free indicators. MetaTrader 4 indicators are powerful technical analysis tools. They allow you to identify market trends and reversal points, as well as track historical highs and lows of a selected instrument.
Multiple close of several counter positions allows simultaneous closing of more than two counter positions for one instrument. Several counter positions can be closed using the “Multiple Close By” tab. Counter positions for all or some of the Worldtradex official site managed accounts can be closed using this tab.
ดาวน์โหลด MetaTrader 4 เพื่อสนุกกับประสบการณ์เทรด:
This feature was designed specifically for traders who use several accounts, and for Investment managers who manage multiple Investment accounts. If you have entered your login details correctly, you will be connected to your trading account. To delete a pending order, use the corresponding tab “Delete order”.
- While both platforms are useful for experienced traders and beginners, the differences between them can significantly affect your choice.
- Switching between various accounts in MT5 has been made smoother and faster.
- Choosing between them depends on the investor’s preferences.
- If there is one or more counter positions among open positions, the selected position can be closed by the counter one.
- You can then drag and drop the desired indicator onto the price chart.
Practicing on a demo account, mirroring a real account but with virtual funds, allows traders to gain trading experience without risking their own money. Select the trading instrument for which you want to close the position and click the corresponding “Close” button. To access complementary worldtradex’ indicators and plugins, you need to have an worldtradex MT4 account. Although demo and live accounts share technical similarities, the difference in mindset when using each is significant. Decision-making, especially related to opening or closing positions, becomes more complex when real money is at risk.
The worldtradex MT4 demo account provides access to a wide range of markets and allows you to try out trading strategies risk-free. Additionally, this account offers the same selection of free plugins and indicators as a live account. Once you install MetaTrader 4, you’ll have your own special username and password to use. To understand how the platform works, it’s a good idea to take online courses and self-study trading theory.
If only some of positions or orders should be modified, these particular positions or orders should be checked. After downloading worldtradex MT4, you’ll automatically gain access to Autochartist. This powerful pattern recognition tool continually scans the markets, aiming to identify trading opportunities using support and resistance levels. Working tirelessly, Autochartist swiftly notifies users about new trading prospects.
The worldtradex MetaTrader 4 demo account replicates the real MT4 platform, including four trading windows and a choice of over 80 markets. The new terminal successfully combines great functionality, which allows effective handling of multiple accounts, with exceptional usability. The interface is similar to that of the MetaTrader 4 Client Terminal. In addition to the free indicators provided by worldtradex, users also have access to the top 12 MT4 plugins.
MetaTrader 4 and MetaTrader 5 are leading platforms for trading in the global Forex market. Choosing between them depends on the investor’s preferences. While both platforms are useful for experienced traders and beginners, the differences between them can significantly affect your choice. worldtradex is a member of The Financial Commission, an independent external dispute resolution (EDR) organization. The interests of worldtradex‘ clients are protected by the Financial Commission’s Compensation Fund for up to €20,000 per claim. Pending orders for all or some of the managed accounts can be placed in this tab.
You can find EAs under the “Navigator” tab in the upper-left corner of the screen. When you download MT4 from worldtradex, the MACD and Moving Average EAs are already installed. Each MetaTrader 4 indicator and plugin has a distinct purpose, working together to create a cohesive toolkit that helps you execute optimal trading strategies. MetaTrader 5 introduces enhancements for https://worldtradex.space/ both automated and market orders.
