Mt4 is a foreign exchange-oriented software produced by MetaQuotes Software Company. This software is characterized by fast running speed, downloadable data and long charts and data. It is favored by many foreign exchange companies and traders. At present, more than 100 foreign exchange brokerage companies and banks from 30 countries around the world have chosen MT4 software as the online trading platform. MT4 is an excellent software with three functions: market chart, technical analysis and order transaction!
Generally speaking, foreign exchange software is divided into two types, foreign exchange trading platform and foreign exchange decision-making. The former is a trading tool for investors to buy and sell foreign exchange. Investors can use this tool to buy and sell foreign exchange. The latter is a software product with certain scientific and technological content. It is a computer analysis program based on certain wisdom and considerable professional knowledge, which effectively analyzes the transaction data of foreign exchange trends, and then provides suggestions and references for investors to buy and sell.
EA Intelligent Trading is the Chinese translation of ExpertAdvisor (EA for short), which can also be translated as "expert questioning", commonly known as intelligent trading system. It is a computer simulation software developed by FXCM Global Jinhui Net Group Company for traders to place orders and conduct machine transactions. The computer executes trading instructions according to the pre-edited trading strategy program. Automatic trading strategy mainly includes three elements: order execution, risk management and fund management. In addition, there are many EAs in foreign exchange intelligent trading, and the quality is different. Without a certain foreign exchange base, it is actually difficult to identify. In fact, ordinary investors don't need EA, just make their own orders. Only very professional traders can use EA. In addition, many of them use EA by themselves and have their own trading style. Ordinary investors suggest using MT4 instead of EA.
EA diagram shows the characteristics of the trend and anti-trend two-way trading system (very professional trader, recommended):
1. Very convenient to help traders quickly and accurately judge the market trend, so as to easily decide whether to go long or short;
2. Give the positions of opening, adding and closing positions very accurately;
3. Its skills are powerful enough to be applied to any futures such as foreign exchange pairs, stocks, gold, silver, oil, natural gas, grain and cotton based on MT4 platform;
4. It can be used in all time windows, such as M 1, M5, M 15, M30, H 1, H4, D 1, W 1, Mn.
Benefits of using mt4 (general investors):
Flexible ordering to ensure stop loss
Stop-loss price can be set at the same time, whether it is the current price transaction or the preset new single transaction.
And really ensure that the stop loss order is set at the first time.
Friendly interface and intuitive transaction.
All trading instructions can be displayed in a straight line on the chart, and the transaction is clear at a glance.
Price to price sound alarm
You can set an alarm clock when you reach a certain price, so don't worry about missing the trading opportunity.
Support self-made indicators
It can be compiled into indicators by summing up experience and applied to charts.
Support intelligent trading system
You can write your own trading strategy, associate real accounts and trade automatically.