Platforms and Software

Algorithmic trading has long been the craft of some of the most experienced and tech-savvy traders on the stock market.

Latency is an issue for streamers, gamers, and even Forex traders. The moment you click on that “buy” button, the information travels to the broker’s server. The farther your broker is from your location, or at least their server, the longer it will take for your trade to be registered.

MetaTrader, MT for short, allows traders to create or download customized options that use a mix of technical indicators. These Forex trading tools in MT4 and MT5 enable different indicators to complement each other to optimize the chart view and analysis.

MetaTrader 5 is one of the most used trading platforms today. It comes with numerous advantages and offerings for traders, one of them being expert advisors. Using expert advisors for Forex trading can be a great help for individuals when trading Forex. It can either help you automate your trading activities, or analyze the market conditions.

Analyzing price movements in Forex trading can be quite hard and demanding for beginners. But, there are many tools you can use to make this process easier. One of the best tools to use when trading Forex is expert advisors.

Elliott Wave Theory has changed the way people view price movements in the financial markets. Because of its significance in the industry, it should not come as a surprise that EW theory is very actively used by traders.

Among many decisions that beginner Forex traders have to make is choosing which trading platform to use. There are many available on the market, but not all of them are equally good.

When you make your decision to start trading in the financial markets, you are going to choose between the different trading platforms. There are several trading platforms that are popular today, but that does not mean that all of them are equally good.

Choosing which platform to use can be quite hard for beginner traders. There are so many of them! MT4, MT5, cTrader, NinjaTrader, some brokers even offer custom-made trading platforms.

Whenever you are planning to do something, it is always better to first test it out risk-free, or at the very least manage your risk-reward ratio. This is true for almost everything in life and Forex trading is no exception.

In this TradingView vs MetaTrader guide, we are going to overview all the differences and similarities between these two. So, follow our guide and see how you can use MT4 and TradingView for the best outcome.