MT4 is a popular trading platform due to its extensive functionality including over 1,000 indicators, backtesting capabilities, and customization options. It allows users to develop and run Expert Advisors for automated trading. Alpari offers MT4 among other brokers and provides benefits such as high leverage up to 500:1, competitive spreads from 1.2 pips, and a web-based platform for social trading. MT4 allows traders to access their accounts from multiple devices.
2. Background
• Established in 2000
• MQL in 2001.
• MLQ in 2002
• MT4 on July 1, 2005
• Over 300 brokers
• Average 10,000 traders/MT4
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3. Why is MT4 So Popular
• Develop, back testing and Auto trading
• Over thousand indicators capacity – build your own
• 3 types of charts (candle, bar and line)
• Testing EAs on back dated data
• Customise the interface
• 50 Customisable indicators
• Widely discussed over the Internet Forums
• The software runs on Windows 98/2000/XP/Vista/7/Android/iPhone
• Simple and straightforward charting tools...
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6. Easy to use - Order Types and Execution
• Market order (Instant
execution)
• Stop Loss/Take Profit
• Buy limit
• Sell limit • NDD: orders will be executed
electronically without manual intervention
• Buy stop from the broker, ensuring both speed
and consistency of trading. What this
• Sell Stop means for the clients is faster execution,
with less manipulation and intervention
• Trailing stop between the order and the open position.
It’s generally considered a fairer type
of execution
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7. Automated Trading - 1
• Using built-in MetaEditor to edit MQL4.
• Using MQL4 to program EA
• Using your EA to trade automatically
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8. Automated Trading - 2
Programs written in MQL 4 are different in tasks and properties:
• Expert Advisor is a mechanical trading system (MTS) to be run
when a new tick incomes. It can work not only in the mode
alerts, but also perform trade operations independently.
• Custom Indicator is a technical indicator written individually
and used only for analyzing of price changes;
• Script is a program that is intended for a single execution of
some actions. Unlike experts, scripts are launched not tick by
tick, but on a command.
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9. EA Advantage
• Save your time
• Disciplined – EAs are more disciplined than human
• To trade anywhere
• To liberate you from work
• To trade more
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10. MetaQuotes Language 4
• Fast - MQL4 is
similar to C language
• Free codes widely
available -
MQL4.community
(the official website)
contains free codes
• New EAs Widely
available - higher
quality appear every
day, and people sell
and exchange them
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11. MT4 Multi-Terminal
• Trade on multiple accounts at same time
• Easy to use - MT4 family interface
• Same symbols with same quotes as MT4
• Same execution as MT4
• Free
• All order types available
• Flexible: trade individually or one click to trade on all
accounts with lots allocation by %, ratio or predefined volume
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12. MT4 Mobile App
...trade on the go
Clever Charts
• 3 chart types: Bar, Japanese Candlestick and Line
• 7 timeframes: M1, M5, M15, M30, H1, H4 & D1
• Easy view: Zooming and scrolling
• Trade from the chart directly
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13. MT4 Mobile App
...trade on the go
Doesn’t compromise functionalities
• Full set of trading orders: pending order, limit order etc
• Extensive Trading history
• 30 technical indicators (such as Bollinger Bands, MACD, Moving
Average, Relative Strength Index, Stochastic Oscillator)
• Push notifications: get alerts sent directly to your iPhone
• Customisable watch Lists
• Multiple languages: 10 Languages, Chinese Spanish
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14. MT4 Mobile App
...trade from your mobile
More points
• Popular: 20% of the trades are placed on mobile
devices
• Easy to install: Visit the App Store℠ and search for
'MetaTrader 4'
• Do you have the device? Compatible with
iPhone, iPod touch and iPad. Requires iOS 4.0 or later.
Andriod 2.0 or later
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15. ...trade from any computer
• Social network website which
sync to MT4
• Copy/autocopy other trader’s future activity
• Web based, to trade from any computer
• Free to register
• Market analysis to be added on
later
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16. Competitor case study 1
FXCM Activtrades Alpari
Max 1:200 1:400 1:500
leverage
What does this mean to you?
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17. This means …
If you would like to trade 1 lot GBPUSD, then you need
• £500 with FXCM Maximum 200:1
• £250 with ActivTrades Maximum 400:1
• £200 with Alpari Maximum 500:1
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18. Alternative scenario
Alternatively, if you would like to use $200 as your
margin, you could control up to
Max trading Volume
Alpari $100000
Activetrade $80000
s
FXCM $40000
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19. Competitor case study 2
FXCM* Activtrades** ALPARI***
EURUSD 2.6 pips 1.3 pips 1.2 pips
GBPUSD 2.7 pips 2.1 pips 2.0 pips
EURGBP 2.7 pips 1.9 pips 1.6 pips
* NDD spreads ** Classic spreads ** Classic min. spread
What does this mean to you?
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20. This means reducing your trading cost!
If you would like to trade 1 lot of EURUSD, EURGBP or GBPUSD then
it will cost you
Your trading cost
ALPARI ACTIVTRADES FXCM
$12.00
EURUSD $13.00
$26.00
£16.00
EURGBP £19.00
£27.00
$20.00
GBPUSD $21.00
$27.00
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21. Alpari MT4 account is your first choice
•Popularity – MT4 is for everyone
•Extensive functionality – all clever order types and charting tools
•Accessibility – one account, 3 platform to access
•Back testing function – you can test it by using the data in the
past
•Auto trading ability – You can run your own EA to trade
automatically
•Low cost with Alpari - to save your money
•High leverage options with Alpari - more trading
ability
•Free web access to follow other traders –
to keep you connected
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