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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