Spread Betting Explained | MetaTrader Tools

		SPREAD BETTING EXPLAINED Forex & Financial Spread Betting. To help YOU Spread Bet Better.
			Monday, May 21st, 2012
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What is MetaTrader?

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What is MetaTrader?

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MetaTrader is an independent trading platform that was developed for trading Forex, Options, and Futures.

MetaTrader is made by the MetaQuotes company and it was created in 2002. Meta Trader was one of the first truly programmable trading platforms that came complete with its own programming language.

MetaTrader is a software platform that is independent of the Forex broker. The brokers that support using the metatrader platform do package their own versions, but the back end software is maintained by the MetaQuotes Software Corporation.

The MetaTrader platform is most well known for it's diverse Technical Analysis ability and the ability to run Forex Robots and Expert Advisors.

What are Expert Advisors?

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An Expert Advisor is a program coded in MQL4; it is distinguished by the properties of special function start() called by the client terminal to be executed on every tick; the main purpose of Expert Advisors is programmed control over trades.

An Expert Advisor has the ability to trade automatically & without user intervention; EA's can enter & exit positions, adjust stop/losses among many more capabilities. With confidence, it could be said that EA's can replicate almost any human action which can be carried out on their Meta Trader platform.

Can your trading strategy be created as an EA? Contact our Professional MQ4 Programming Team

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