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MetaTrader 4

Average Customer Rating: (based on 26 reviews)

(4.1 stars vs. 4.4 category average)

Your Rating: (write review)

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Recommendations by Profile:

Casual Trader
9 of 10 		90%
Intermediate Trader
5 of 6 		83%
Expert Trader
8 of 10 		80%
All Traders 22 of 26 85%

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
16 of 17 		94%
All Traders 22 of 26 85%

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:
Few data feeds, 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 26 reviews)

verdizzy
verdizzy

Expert Trader

One of the most widely use

12/9/2008

18 of 18 customers found this helpful (100%)

Pros:
None
Cons:
None
Bottom Line:
Yes, I would recommend this to a friend
Quote:
Cool because a lot of people make custom indicators for it and if you develop a system, someone can actually program a robot for you to auto trade.
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