Many Forex traders are interested in setting up algorithmic trading using Expert Advisor (EA), the most popular automated trading system on MT4. In this article, we will introduce the principle of EA, how to use EA on MT4 and the pros and cons of trading with EA.
This article is a step-to-step MT4 guide for absolute beginners. You will learn basic operations on MT4, such as account opening, reading charts, applying indicators, and open/close orders.
There is no sure win for in forex trading, and sometimes it is hard to avoid making some wrong decisions. Therefore, Stop Loss is very important to all investors, even for professionals such as Warren Buffet! This article will introduce the method to set a stop-loss on the MT4 platform, as well as the principles and techniques of stop-loss setting.
The MetaTrader 4 (MT4) trading platform is undeniably one of the most popular forex trading platforms in the financial trading market today, while the MetaTrader 5 (MT5) trading platform seems to record a lesser adoption than the MT4. In this article, we’ll be revealing the differences between MT4 and MT5.