Help: MT4


> What is MetaTrader4?

MetaTrader4 is an electronic trading platform that was developed for trading forex, options, and futures. MetaTrader4 is made by the MetaQuotes company and was one of the first truly programmable trading platforms that came complete with its own programming language.

The platform is most well known for its diverse technical analysis feature set, and the ability to run Forex Robots, build custom indicators and Expert Advisors.

> What are the Minimum System requirements?

> Windows 2000 / XP / Vista / 7 or later
> 2.0 GHz or faster CPU
> 512 MB RAM (1 GB recommended)
> Screen resolution 1024x768 or higher
> Broadband internet connection

> How do I install the platform?

Once you have opened either a Live or Demo account, you will receive an email with the platform download link. This will then execute an installer which will download a file over the internet and automatically complete the installation process.

> What are the main features?

> Complete technical analysis package: 50+ in-built indicators and charting tools
> Ability to create various custom indicators, different time periods (from minutes to months)
> Secure trade sessions: Clients are equipped with a unique username and password
> Online news
> Multi-language program interface
> History database management and real time data import/export facility
> Signals of system and trading actions
> Internal mailing system
> Mobile Trading: MetaTrader4 Mobile for smartphones and tablet devices
> Built-in help guides for MetaTrader4 and MQL 4
> Automated trading – Program your own strategies using the Expert Advisor

> What trading strategies can I employ?

You are not restricted, and you may employ any trading strategy you desire. Scalping, News/events/data release trading, automated algorithmic high frequency trading using EA’s (robots), buy and hold etc… In addition VARIANSE has no FIFO rule and hedging is allowed. You have complete trading freedom!

> What are Expert Advisor's (EA's) and Custom Indicators?

Expert Advisors (EA’s) are programs that allow automation of the analytical and trading processes in the MT4 platform. They are written in the MQL programming language (MQL 4) which has been specifically developed for this purpose. EA’s perform technical analysis of price data, and manage trading activities on the basis of pre-programmed trading strategies. The entire process of technical analysis and trading can be programmed into an Expert Advisor and as such makes it a very powerful algorithmic trading tool.

Indicators are used to analyse past and current price information using mathematical calculations to help traders predict future price movement. In addition to a wide variety of technical indicators included in the platform, traders can create their own Custom Indicators based on specified factors. Traders use indicators to help assess if a current trend will remain the same, and where it will turn. Indicators are intended to simplify the complicated process of decision making in trading. They are written in the MQL programming language (MQL 4) which has been specifically developed for this purpose.

> Does VARIANSE offer programming services?

VARIANSE does offer custom program trading solutions to qualifying clients free of charge. Please contact us for more information.

> Can I trade from my mobile/tablet device?

Yes you can trade your MT4 account from a variety of smartphone and tablet devices. Your account will be synced with your mobile device when you login and you can open a trade on your desktop MT4 platform and close it on your smartphone etc.

The list of available mobile devices is below:
> iPad/iPhone/IPod Touch
> Android enabled smartphones and tablets
> Windows Mobile phone devices
> Windows Mobile Smartphone Edition devices

Click here to download the mobile version you require

> Can I use a VPS hosting service?

Yes you can, a VPS (Virtual Private Server) fully hosts your MT4 platform allowing you to trade or auto-trade (by employing an expert advisor) completely from a remote server. The benefits of this approach being lower latency access to our trade servers and 100% uptime of your MT4 platform – removing any risk of your local PC crashing or losing a network connection at a crucial moment throughout the trading day. A VPS is popular among traders who employ high frequency trading strategies.

We recommend a VPS plan from BeeksFX as our trading servers are cross connected to the Beeks VPS servers via a dedicated optical fibre connection in the London Equinix Data centre.

-> This enables Ultra Low-Latency trading with execution speeds of less than 0.1ms!
Learn more about a VPS here.

LatentX PRIME account holders will receive this VPS service for free once they have funded their trading account.

> Where can I get further help on using Metatrader4?

For any further help on the MT4 platform please contact us and we will be more than happy to be of assistance.