If you want a successful forex trading, you need the best forex trading software. Any trader in the real world (or woman) will tell you that to do your job better, you need to get the right tools for the job. It's the same with forex trading.
In order to have the best chance of success, you need to equip yourself with the right tools to progress. First, you need one excellent forex trading platform that is straightforward, fast and easy to conduct trades, and has all the ratings, technical indicators and news to give you a clear view of what is happening in the market at all times.
You also need a fast, stable Internet connection and a powerful computer to boot. In this section, we'll show you how to set yourself up with Métrader. If you're reading a lot of Forex trading reviews, you'll know that it's one of the most popular and popular Forex trading platforms for beginners and experienced traders alike.
Why do we use MetaTrader?
Metatrader4Here is just some of the reasons why MetaTrader is the preferred forex trading platform for thousands of traders around the world.
MetaTrader is a free Forex trading platform. With MetaTrader 4 you can manage your trading account with complete flexibility. This Forex Trading Platform allows you to enter any type of order including the market, pending and conditional.
There are more than 50 analytical tools / technical indicators and graphs that are easy to configure, use and customize.
Ability to operate automated forex trading systems such as Expert Advisors / auto trading trading software.
Depending on what your Forex broker offers, there is also Stream Live Forex News in the platform so you can see the latest information on all relevant developments in the Forex market.
When using MetaTrader4 in conjunction with another excellent forex trading program called MYFX, you will have everything you need to be able to plan, execute and trade your deals with both speed and accuracy.
Why use MYFX?
MYFXOnce connects the MYFX Trading Unit to the MetaTrader4 Forex trading platform and creates the latest set. MYFX extends your trading capabilities, allowing you to trade with all the facilities used by professional forex traders, for example
1 Click Commercial Execution
Trade default TP / SL
1 Click Stop as well
1 Click Close transaction
Close all program
OCO Button Trading (another function other than undo)
. A Live Forex table has been created.
See trade risks
, These are just the beginning ...
How to download MetaTrader 4 and MYFX
MetaTrader 4 video tutorials
In order to help you make the most of the use of MetaTrader 4 and MYFX Forex, we have published several video tutorials below, tips and guidance on how to place a deal, adding stop loss, performance indicators, expert consultants, creating features and models And much more. Enjoy!
Use the clock market
The Market Watch window allows you to view market prices for all displayed currencies. Right-click a currency and you'll see a variety of options. Here you can enter a new transaction, or bring a new chart or chart. You can also create a custom watch list by clicking "Hide and select those currencies you do not want to see." You can view the properties of any currency by clicking on "simbol" ", selecting the currency and clicking" Properties "on the left side.
Entry to trade
Enter a new transaction by right-clicking on any currency pair within your checklist (to the right of the screen) and selecting New Order. Alternatively, you can press F9 on the keyboard. To place an order on the current level of the market price simply enter the desired size. Make sure that Market execution is selected as the request type. Now you'll see the current offer and ask for the price. Hit the sale or sell box accordingly and after filling out your order, you will see a reference number for confirmation and trade. The open trade will now appear in the device at the bottom of the screen.
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