Feedback Form

Tools › Charts ›

MetaTrader 4

Average Customer Rating: (based on 24 reviews)

(4.1 stars vs. 4.5 category average)

Your Rating: (write review)

Is this your business? Share what traders are saying about you with ReviewPips.com badges.

Recommendations by Profile:

Casual Trader
9 of 10 		90%
Intermediate Trader
4 of 5 		80%
Expert Trader
7 of 9 		78%
All Traders 20 of 24 83%

Recommendations by Usage Length:

A month or less
1 of 3 		33%
1 - 3 months
2 of 3 		67%
3 - 6 months
3 of 3 		100%
6+ months
14 of 15 		93%
All Traders 20 of 24 83%

Characteristics:

Pros:
Easy to use, Many indicators, Easy to edit auto trade programs, Web-based, Customizable layout, Ability to customize indicators, Large user base
Cons:
No automated backtesting

Description:

This charting program is specifically made for anyone trading the Forex, CFD, and Futures markets. Used by over 100 brokerage companies and banks, this is one of the most widely used charting packages around. Some of its appeal is its ability to customize and program systems, which then allows users to create indicators, system backtests, as well as automated trading robots.

Single Review: (view all 24 reviews)

PipCollector
PipCollector

Intermediate Trader

Dont like it

5/22/2010

10 of 10 customers found this helpful (100%)

Pros:
Easy to use, Many indicators, Customizable layout, Ability to customize indicators, Large user base
Cons:
None
Bottom Line:
No, I would not recommend this to a friend
Quote:
I hate using fibonacci and trend lines in MT4. It's not possible to move the view of the graph to where you want it. You can only go left or right, not up or down. Trend lines are hard to put exactly where you want it to be too. It's a shame I really like MT4 otherwise but these negatives are too much for me.
I found this review:
| |
|

Members Also Viewed:

Tradestation

(4.4 stars)

based on 10 reviews | in Tools › Charts

Tradestation is a powerful charting package that offers a lot of historical data. Traders often use it for its extensive backtesting capabilities.

eSignal

(4.5 stars)

based on 11 reviews | in Tools › Charts

Robust charting platform with a wide range of indicators.

Xtick

(4.5 stars)

based on 10 reviews | in Tools › Charts

Xtick is a basic charting program with simple, yet functional features. It contains almost all of the basic indicators you will need and offers unique items such as Xpaint, which allows you to col...