MetaTrader 4 Web Based Platform - MT4 Web Browser Platform - MetaTrader 4 Web Trader
Getting Started with MT4 Web Browser Platform - MetaTrader 4 Web Based Platform
The MetaTrader 4 Web Based Platform is the web platform version of the MetaTrader 4 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. MT4 platform 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(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 trading charts
- Testing of trading strategies on Forex demo accounts
- Provide account statements of trading history & a summary of profits/losses.
The screen-shot below shows the user interface of the MetaTrader 4 Desktop trading Platform.
MT4 Web API - MT4 Web Based Platform - MetaTrader 4 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, interpret forex charts and get a summary of trading account balance, open forex orders & open forex trades.
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Forex traders can use MetaTrader 4 Web API - MT4 Web Based Platform when they are trading from another Desktop computer that does not have MetaTrader 4 software software installed.
MT4 which is also referred to as MetaTrader 4, is designed to provide trading tools that can be used by traders to make trading decisions. The Forex 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 tools provided for within MetaTrader 4 software.
The MT4 platform is a free platform that's provided for by Forex brokers. You can download the trading software from online broker’s sites, once you download it, you should then install the trading software on a PC Desktop computer that has an internet connection & then connect to your broker and begin receiving streaming quotes. You can also access this MT4 trader through your forex broker MetaTrader 4 Web API - MetaTrader 4 Web Based Platform.
The MT4 has different window and 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, MetaTrader 4 Toolbars for attaching forex technical indicators to the forex charts and the main menu bar used to navigate the MT4 software.
Installing MetaTrader 4 FX Software
To install MT4 you will 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 MetaTrader 4 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 2 forex trading platform.
