What is MetaTrader 4?
MetaTrader 4 (MT4) is the world's most widely used retail forex trading platform. Developed by MetaQuotes Software and released in 2005, it has become the industry standard for forex and CFD trading.
MT4 is popular because it combines powerful charting tools, technical analysis capabilities, and automated trading through Expert Advisors (EAs) in one user-friendly package. It's available for free through any MT4-supporting broker.
Key MT4 Features
- Expert Advisors (EAs) - Run automated trading strategies 24/7
- Custom Indicators - Access thousands of free custom indicators
- 30+ Technical Indicators - Built-in analysis tools
- 9 Timeframes - From 1-minute to monthly charts
- One-Click Trading - Execute trades instantly
- Mobile Trading - Full-featured iOS and Android apps
- Alerts - Price and indicator-based notifications
- Backtesting - Test EAs on historical data
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