World of digital currencies

brief history

In 2002, a group of technical developers at MetaQuotes Software launched the MetaTrader 4 forex trading platform or MetaTrader 4, abbreviated as MT4, which was at the time a primitive version of the version currently used, and it did not gain the same degree of prevalence at first among the trading programs and platforms of brokerage firms. Therefore, this initial version underwent many attempts and technical experiments until the 2005 version, which began to spread and impose itself among the trading community until it was relied upon as an alternative to special forex trading programs and platforms.

The MetaTrader 4 program provided an effective and interconnected trading environment despite its simplicity, and this was one of the most important reasons supporting its spread. With the development of financial markets and the proliferation of trading brokers, the use of the MetaTrader 4 program is no longer limited to the forex market only, but its use has expanded to include futures and CFD trading. CFDs and trading in stocks and commodities such as gold, silver and oil, as well as cryptocurrencies such as Bitcoin, Ripple and Ethereum, and with the emergence and spread of smart phones, the program has become available on Android and iOS systems to add more attachment to it by its users

MetaTrader 4 program

https://abdalzizas0.systeme.io/b950e57dEven after MetaQuotes discontinued support for MetaTrader 4 in hopes of attracting new clients to switch to the other trading platform MetaTrader 5 or MT5 more than 10 years ago now, currency traders or financial markets in general are still dependent on MT4 despite having more features. And support on MT5 - especially since MetaTrader 4 users relied in their work on the use of technical indicators and scripts for automated trading based on the first programming language that was supported by MetaTrader 4, which is MQL4, which is not compatible with the programming language of MetaTrader 5, which is MQL5

https://abdalzizas0.systeme.io/b950e57d

The program interface

One of the most important features of the MetaTrader 4 program is its simple interface, or as it is said about an intuitive interface, meaning that most of its dealers may not need an explanation to know how to deal with it, and they rarely encounter problems opening deals, getting to know market prices, or even modifying indicators or fees. Graphics, with high controllability and customization.

Graphs

The MetaTrader 4 program appeared in the beginning among a group of trading programs for brokerage firms at the time, in which the charts were a kind of price display, and the focus of its developers was on implementation, and the charts lacked auxiliary graphic tools and the ability to customize, which made it difficult for the trader in the analysis process Even the trading platforms - at the time - that provided the advantages of displaying and technical analysis tools for charts were considered somewhat difficult and needed training, and here comes the power of MetaTrader 4, which provided an integrated charting interface with most of the auxiliary graphic tools in a simple and easy way with a high ability to customize and modify in a way It made them a competitive advantage then and now

Automated trading solutions

Automated trading systems or scripts for indicators that generate forex trading signals are very popular among currency traders or CFDs, beginners and professionals alike, and the MetaTrader 4 program provides an ideal environment for this, starting from the programming platform, creating the code or script, and the ability to customize it and then test it In addition to the possibility of its automatic operation and direct execution on the market.