Generally speaking, the most common foreign exchange speculation software for investors is MT4 (Meta Trader 4), which is used by many formal platforms. However, there are also some platforms that have their own trading software, and investors can choose according to their own hobbies.
The full name of the MT4 trading platform is the MetalTrader4 client terminal, which is developed by Meta Quotes software company. The MT4 trading platform is powerful, the page is simple, and the operation is convenient. The most important function of opening and closing positions is easy to use. To control risks, in addition to providing real-time market and trading functions, the MT4 trading platform also includes 18 line drawing tools, 9 trading session chart options, 30 international popular technical indicators and sound warning prompts. Users can place orders, close positions, limit orders, stop loss, stop profit, view real-time news, announcements, early warnings, view reports, and data analysis and processing. It can be said that all functions are integrated, and the MT4 trading platform occupies less computer resources, runs fast, and can also download historical data and charts. It is widely favored by international investment companies and investors. By the end of 2012, more than 70% of brokers The company and banks from more than 30 countries around the world have chosen MT4 trading software as the online trading platform. More than 90% of the world’s retail trading volume is traded through the MT4 platform.
MT4 mainly has several toolbars, including market quotation, data window, navigation, terminal, and new order. These are the more important toolbars. Like market quotes, this window lists the tradable varieties on the MT4 platform and their buying and selling prices. There are two tabs at the bottom of the window, trading symbols and real-time charts. The trading variety shows the tradable varieties, and the real-time chart shows the current time-sharing price of the selected variety. In addition to the above several important toolbars, most technical analysts use the most common functions under the chart analysis window, including: selection of icon shape, time period, zoom function and vertical arrangement, automatic scrolling and icon panning. Like the time period, if you want to change the analysis time period of the K-line chart, you can click “Period” in the Zhu menu bar to enter and select the time period you need, or you can click the icon on the toolbar and select the required time period cycle. The easiest way to switch back and forth between different installment periods is to click on the icons for different time periods on the toolbar. After mastering the use of the common toolbar and the icon toolbar, investors can basically observe and analyze various trading varieties, but if they want to conduct accurate technical analysis on a certain variety and make corresponding trading strategies, then they need the help of drawing Line Toolbar, this includes: crosshairs, line drawing tools, text and text labels. Regarding the cross label, the cross label can be used to view the exact value of a specific position in the icon, including the horizontal axis and the vertical axis. The cross cursor can be called up by clicking the icon or pressing the sliding wheel in the middle of the icon. This is similar to the learning of the previous stock software operation tutorial.
Investment is risky, and so is foreign exchange. Investors who speculate in foreign exchange software can choose a software, but it does not mean that they can completely avoid risks. After downloading a piece of software, people can better pay attention to specific functions during the process of using it, and at the same time have a better understanding of the entire market. Correctly understand the specific operating principle of the software, and then let us make some comprehensive judgments, so that we can bring more opportunities to everyone in the future, so I hope that everyone can think more about it in the process of doing it. In place, so as to better complete the transaction, let yourself continue to make profits through these methods.
