MT4 for PC
Why 8MAX MT4 is Better?
Trade on MT4 with No Requotes, No Rejections with flexible leverage ranging from 1:1 – to 1000:1.
Features of 8MAX MT4 Droid
- Over 100 Instruments Including Forex, CFDs and Futures
- 1 Single Login Access to 6 Platforms
- Spreads as low as 0 pips
- Full EA (Expert Advisor) Functionality
- 1 Click Trading and built-in news function.
- Technical Analysis Tools with 50 indicators and charting tools
- 3 Chart Types
- MAM Accounts (Optional)
- Hedging allowed
Main features of 8MAX MT4
- Works with Expert Advisors, built-in and custom indicators
- 1 Click Trading
- Streaming news
- Transaction with PDA and appropriate mobile device
- Complete technical analysis with over 50 indicators and charting tools
- Handles a vast number of orders
- Creates various custom indicators and different time periods
- History database management, and historic data export/import
- Guarantees full data back-up and security
- Internal mailing system
- Built-in help guides for MetaTrader4 and Metaquotes Language 4
How to install 8MAX MT4
- Download the terminal from the [download] button above. (. exe file)
- Run the redbluesystems4setup.exe file after it has downloaded
- When launching the program for the first time, you will see the login window
- Enter your real or demo account login data
8MAX MT4 System Requirements
- Operating system: Microsoft Windows 98 SE2 or higher
- Processor: Intel Celeron-based processor, with a frequency of 1.7 GHz or higher
- RAM: 256Mb of RAM or more
- Storage: 50Mb of free drive space
For other devices
How to Uninstall 8MAX MT4?
- Click Start → All Programs → Red Blue Systems MetaTrader 4 → Uninstall
- Follow the on-screen instructions until the Uninstall process finishes
- Click My Computer → click Drive C or the root drive, where your operating system is installed → click Program Files → locate the folder Red Blue Systems MetaTrader 4 and delete it
- Restart your Computer
About Metatrader (MT4)
MetaTrader 4, commonly nicknamed MT4, is a widely used electronic trading platform for retail foreign exchange, developed by the Russian software company MetaQuotes Software Corp, which is currently licensing the MT4 software to almost 500 brokers and banks worldwide.Released in 2005, the MT4 trading software became extremely popular with retail forex traders especially for its easy to use features and the ability to even facilitate automated trading by allowing users to write their own trading scripts and trading robots (commonly known as expert advisors). For most online traders and investors, whether they are trading forex or CFDs (Contracts for Difference on various financial instruments), MetaTrader 4, is undoubtedly a household name today.
Not only is MT4 considered to be the most popular online trading platform to access the global markets but it is also regarded as the most efficient software for retail foreign exchange trading (i.e. especially developed for individual online traders). Online (or electronic) trading platforms are computer-based software programs used to place trading orders for various financial instruments through a network with financial institutions (e.g. brokerage companies) that operate as financial intermediaries (i.e. facilitate online transactions between buyers and sellers by executing their trades). Online investors can trade on live market prices being streamed by trading platforms, as well as enhance their profit potential with some additional trading tools provided by these platforms such as trading account management, live news feeds, charting packages and can even use trading robots, also called expert advisors.
As compared with today’s online trading platforms used for trading a series of financial instruments such as currencies, equities, bonds, futures and options, the very first such software versions were almost exclusively associated with stock exchange. Until the 1970s, financial transactions between brokers and their counterparties were still being processed manually, and traders did not have the possibility to access the global financial markets directly but only through an intermediary. It was also was during this time that electronic trading platforms started being applied to carry out at least a part of these transactions. The first such platforms were mainly used for stock exchange and known as RFQ (request for quote) systems, in which clients and brokers placed orders that were only confirmed later. Starting from the 1970s, e-trading platforms that did not provide live streaming prices were gradually replaced by more developed software with near instant execution of orders, along with live price streaming and more enhanced client user interface.
How MT4 Developed
The very first generation of internet-based foreign exchange (forex) trading platforms emerged in 1996, making it possible for foreign exchange to develop at a much faster pace and for customer markets to expand. As a result, web-based retail foreign exchange allowed individual customers to access the global markets and trade on currencies directly from their own computers. Although the first generation of such electronic trading platforms was basic software downloadable to computers and still lacking user-friendly interfaces, gradually new features such as technical analysis and charting tools were added, resulting in more enhanced attributes and also the option for these programs to be used as web-based platforms and on mobile devices (e.g. smartphones, tablets) compatible with automated tools such as trading robots.
Along with the introduction of online trading platforms, a rapidly growing segment of the foreign exchange market had also emerged, which involved individuals who could access the global markets and trade online through brokers and banks: retail forex. This market segment allowed even small investors to access the markets and trade with smaller amounts. The demand for technically more sophisticated trading platforms kept growing, in particular for retail forex trading, and the need grew for individuals to trade the global markets directly. Released in 2005, the MetaTrader 4 online trading platform was just the kind of software that made it possible for a great number of retail forex traders to speculate and invest in currency exchange and other financial instruments from virtually every spot of the world.
Usage of Metatrader (MT4)
Currently, over half a million retail traders are using the MT4 platform in their daily trading practices, benefitting from its wide range of features that facilitate their investment decisions such as automated trading, mobile trading, one-click trading, news feed streaming, built-in custom indicators, the ability to handle a vast number of orders, an impressive number of indicators and charting tools. Suitable for both beginner and seasoned traders with versatile investment skills and practices, MT4 can be regarded today’s ultimate trading software in virtually every spot of the globe.
MT4 and Automated Trading
Automated trading is well known to online investors as a helpful tool to automatically process trade orders with extremely fast reaction time and according to a series of pre-determined trading rules (such as entries and exits) set up by traders by using the MQL programming language of MetaTrader4. Also known by the name of system trading, automated trading has another great advantage: as it carries out trades mechanically and based on the settings of traders, it excludes the emotional factor from trading, which may very often affect investment decisions negatively. Thus it has the ability to handle trading on investors’ behalf, along with all the analytical processes involved in the trading process.
The cutting-edge technology of the MT4 platform provides automated trading as its fully integrated feature, executing repetitive trading orders at a speed otherwise impossible with manual trading. For many investors this saves up a considerable amount of time from the routine of market watch as well as trade execution.
Backtesting (i.e. testing trading strategies on prior time periods) is yet another advantage of automated trading in that it applies trading rules to historical market data and so it helps investors assess the efficiency of several trading ideas. On applying proper backtesting, traders can easily evaluate and fine-tune trading ideas, which they can later apply in their own trading practices for better results. Effective as it is, automated trading is also a sophisticated method to trade the markets and as such it, mainly for beginner traders, it is advisable to start with small sizes during the learning process.
Automated Trading and MQL
Automated trading is undoubtedly one of the most popular features of MetaTrader 4. It is remarkable data in itself that since 2014, over 75% of the United States stock share trades, including NASDAQ and the New York Stock Exchange, have been carried out through automated trading system orders. The fact that today automated trading on the MT4 software is also available for retail traders and investors is a huge plus, allowing trading not only on stocks but also on foreign exchange (forex), futures and options. The MT4 platform uses MQL4, a proprietary scripting language for implementing trading strategies, which helps traders to develop their own expert advisors (i.e. trading robots), custom indicators and scripts, as well as to test and optimize their EAs with the MT4 strategy tester.
MQL4 encompasses a great number of functions that enable traders to analyse previously received and current quotes, follow price changes by means of built-in technical indicators and not just manage but continuously control their trading orders. Over 30 custom technical indicators are at traders’ disposal on the MT4 software and available on various financial instruments besides forex, which helps investors identify price dynamics patters, market trends and also to determine possible entry and exit points, as well as to manage trading signals.
The trading programs written in the MQL4 programming language serve different purposes and present traders with various features. Expert advisors, which are linked to specific charts, provide valuable information to online investors about possible trades and can also perform trades on their behalf, sending the orders directly to the trading server. Along with this, by using MQL4, investors can write their own custom indicators and use them in addition to those already available on the MT4 client terminal. MQL4 also includes scripts, but unlike expert advisors, these do not execute any pre-determined action on traders’ behalf and are meant to handle the single execution of certain trading activities.
Mobile Trading and MT4
MetaTrader4 was designed by taking into account all the requirements of the 21st century technology and thus it ensures flexibility at its very best, the core of this being mobility. This is exactly why the MT4 mobile trading option allows investors to also access the trading platform, apart from their Windows and Mac operating system based PCs, directly from their smartphones and tablets. Trading portfolio as well as multiple trading account management and/or monitoring is thus possible practically speaking on the go. Having the ability to manage multiple trading accounts from one interface and from portable devices like smartphones, pocket and tablet PCs gives investors a definite edge in trading, while the software’s compatibility with the IOS operating system allows Mac users to follow up with market changes 24 hours a day and place trades directly from iPhone, iPad or iPod Touch.
The MT4 mobile trading makes it extremely easy for online investors to follow the global markets at any time and from anywhere, place and execute orders instantly and of course manage their accounts even when away from their home PCs. Additionally, mobile trading also provides a wide array of analytical options and the graphical display of quotes for proper account management. Since the MT4 mobile trading options are exactly the same for smartphones and tablets as for trading from table PCs, online investors can perform their trading activities at the same speed and with the same trading tools for best results.