MT4 Web API Web Based Platform - MetaTrader 4 Web Browser Web Trader Platform
Getting Started with MT4 Web API - MT4 Web Browser Platform
The MT4 Web Based Platform is the web platform version of the MT4 for PC Desktop Platform. MT4 Web Trader Version provides the same look and feel for the MT4 platform as that of the MT4 for PC. MetaTrader 4 software is a Forex trading software that is installed on client’s Desktop computer and it is intended to do the following:
- Plot FX charts Information about price rates in the form of a grid ( trading chart )
- Receive Streaming forex currency quotes from the Forex brokers
- Perform trading operations: Buying and Selling of currencies
- Show the open forex trades and forex orders
- Perform technical analysis on forex charts
- Testing of trading strategies on Forex demo accounts
- Provide account statements of trading history and a summary of profits/losses.
The screen shot below shows user inter-face of the MT4 Desktop trading Platform.
MT4 Web API - MT4 Web Based Platform - MT4 Web Browser Platform will be similar to the MT4 platform interface that is shown above only that forex traders will use a web browser to login to the MT4 Web Trader platform. From the Web browser MT4 platform forex traders can open trades, analyze forex charts and get a summary of trading account balance, open forex orders and open forex trades.
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Forex traders can use MT4 Web API - MT4 Web Based Platform when they are trading from another Desktop computer that does not have MetaTrader 4 platform software installed.
MetaTrader 4 which is also known as MetaTrader 4, is designed to provide trading tools that can be used by traders to make trading decisions. The Forex trading software provides online quotes and streaming data about currency movement. This information is delivered directly to the MT4 platform. This information that is delivered in form of real time quotes is then analyzed on the MT4 platform using the technical forex trading tools provided for within MetaTrader 4 platform.
The MetaTrader 4 platform is a free software which is provided for by Forex brokers. You can download the software from online broker’s sites, once you download it, you should then setup the trading software on a PC Desktop computer that has an internet connection & then connect to your broker & begin receiving streaming quotes. You can also access this MetaTrader 4 trader through your forex broker MT4 Web API - MT4 Web Based Platform.
The MetaTrader 4 has different window & chart panels each designed to deliver a different type of market data data, starting with the forex exchange rate quotes used to draw forex charts to the Market data window, MT4 Toolbars for attaching forex technical indicators to the forex charts and the main menu bar used to navigate the MetaTrader 4 platform.
Installing MetaTrader 4
To install MetaTrader 4 you'll have to download the trading platform, then launch the download, from there a setup wizard appears & all you have to do is to follow the installation instructions. After installation the platform will run automatically just like any other software. You can launch the MT4 from the start menu.
With the MT4 forex trading account traders can login to either the MT4 Web API - MT4 Web Based Platform or the MT4 desktop platform and get access to their forex account from either of these two forex trading platform.
