MetaQuotes MetaTrader

MetaQuotes MetaTrader
2.6 / 5 (34 votes)

1. Main Features

  • Utilize technical and fundamental analysis tools
  • Subscribe to traders' signals for automatic trading
  • Buy or rent technical indicators and trading robots
  • Create custom indicators, robots, and scripts with MQL5

2. Software Overview

MetaQuotes MetaTrader is a cross-platform trading application. The program comes with a large amount of analysis tools for trading forex (foreign exchange market), stocks, futures contracts, and CFDs (contracts for differences).

MetaTrader provides a variety of technical and fundamental analysis tools to identify symbol trends and forecast price dynamics of stocks and quotes. The program enables you to utilize automated trading systems, such as subscribing to a trader's signal for free or a fee and set your platform to automatically trade for you. MetaTrader also comes with a built-in market that allows you to buy or rent technical indicators that automatically operate and detect patterns in stock prices and other financial assets.

You can create custom technical indicators, trading robots, and scripts using MetaQuotes Language 5 (MQL5), which is a high-level object-oriented programming language similar to C++. Also, MetaTrader allows you to trade 24/7 even when you are away from your computer through Android and iOS mobile apps or a web browser.

MetaTrader is a popular trading program used by more than 400 brokerage companies and banks across the globe. It provides advanced analysis tools such as the ability to subscribe to traders' signals or create custom indicators for your own analysis purposes. The program is also fairly simple to use. However, you will need to put some time into learning how and why to use its more advanced tools. If you are looking to become the next wolf of Wall Street (legally of course), MetaQuotes MetaTrader is a quality application that has the tools you need.

3. Supported File Types

Primary file extension:
.EX5 - MetaTrader 5 Program File
Other file extensions used by MetaQuotes MetaTrader:

Updated: June 30, 2016

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