Why is MetaTrader 4 a Popular Platform?

The MT4 Trading Platform is a popular trading platform because this platform is easy to learn how to trade with.

Beginner traders can learn how to trade using the MT4 platform by using charts provided for analyzing chart price movement of charts.

Traders can also open orders directly from the charts and this also makes the MetaTrader 4 platform easy to use and learn how to open trades directly from the charts.

The MT4 platform also provided traders with many other trading features such technical indicators, Automated Experts Advisors used for automated trading on this MetaTrader 4 software.

Traders can use the indicators on the MetaTrader 4 platform to analyze price movements on the charts.

Traders can setup the Automated Expert Advisors oftenly known as Expert Advisor so as to automate their order execution. The Expert Advisor Robots use MT4 coding language which specifies a set of trading rules for the EA that will be used to determine when to open and when to close stock trades. The Automated Expert Advisors are set to automate the trading orders execution - The Expert Advisor Bots therefore are used to trade automatically on behalf of the trader.

The MT4 also provides traders with methods of customizing their charts using MetaTrader 4 Chart Templates and MetaTrader 4 Chart Profile Settings.

Using these settings on the MetaTrader 4 platform traders can save their trading work space in MT4 Platform and use the same workspace for trading every time they open their MetaTrader 4 software.

MT4 Templates can also be used by trader to save their trading systems on the charts provided for trading in MT4 software.