Don't be selfish

Forex MetaTrader

Tuesday, 4 February 2014




Words we hear it so much: Meta Trader 4, MetaTrader 5, MT4, MT5, Metatreder, all of which go back to the trading platform famous MetaTrader and developed by Russian software company MetaQuotes, this platform has achieved widespread success as a strong currency program, which saw admission of several brokers to buy them and display it as additional trading platform or essential to have, but let’s know some of the disadvantages of MetaTrader and some positives, but we start by the disadvantages:
Disadvantages of trading via the MetaTrader:
·         The difficulties in implementing the instant deal: as one of the drawbacks of MetaTrader is the lack of success of the trader of the implementation of his deal with immediate effect, as the trader presses buy EUR / USD for example so program gives that the price has not been implemented or that the spread has changed and therefore can execute the deal at the new price or spread on the new one.
·         One of the other negatives of MetaTrader 4 which is the lack of a frame of sufficient time to chart where there are only 9 frames of time starting from monthly frame, then weekly, then daily, then 4 hours and hours (and this is a big difference) as frame jumps from daily to four hours and 4 hours to an hour, ignoring important as a frame time of 10 hours and 8 hours and 6 hours and 3 hours and two hours, and this is what he had to treat it MetaTrader 5 where it added most of the time frames that were lacking in MetaTrader 4.
·         Problem servers: the Meta Trader servers especially for broadcast and showing their icons bottom of the chart, and according to these servers in broadcasting price, and servers differ from one broker to another, but some brokers have emerged problem in servers in the platform MetaTrader, and we cannot limit the problem here platform MetaTrader, but it may be cause of weakness or defect in the surfer Forex company (Broker).

MetaTrader advantages:

·         Chart of the best daily technical analysis, with its many characteristics that distinguish it from the rest of the charts in the market.
·         Includes a wide range of technical indicators.
·         Possibility of templates with quality and high accuracy.
·         Automated trading applications.

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