It can be customized so traders can optimize their profits. It is available via web, download and full suite of mobile solutions including iPhone, iPad. It is also accessible to Mac users. The Strategy Center provides access to 15 customizable pre-defined trading strategies as well as the opportunity to build strategies using the Strategy Wizard.
The Strategy Center includes the ability to back test strategies against historical data and activate them to generate buy and sell signals in real time. Traders can trade directly from the chart they are analyzing, by dragging lines with a click of the mouse to edit orders and manage trades at great speed, moving as fast as the market. Expert analysis is offered by Forex. In addition to this Forex. Traders can take advantage of other integrated features including streaming news, extensive technical research from Trading Central and in-house analysts as well as pattern recognition software from Autochartist, an independent research provider.
Despite its age, Metatrader 4 arguably the gold standard of Forex trading platforms, with many successful traders claiming it has never been bettered for straightforward retail trading use, although significant criticisms remain regarding its ability to back test strategies, as well as certain issues which can delay execution speed as orders are bridged through to broker back offices.
Autochartist automatically detects emerging chart patterns and trade ideas in the Forex, index and commodity markets by continuously scanning markets during trading hours. When it comes to trade execution, the instant Execution Mode is designed for use in combination with the one-click dealing feature.
When Instant Execution mode is enabled, market orders will only be executed at the requested rate or within a user-specified deviation. Traders can define their own price tolerance and receive 5 digit pricing. Margins are available up to An account summary bar in the lower left corner of the trading platform window displays Required Margin and Available Margin, updated in real-time.
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