The MT4 platform implements trading strategies using MQL4, a proprietary scripting language that allows traders to create their expert advisors (i.e. trading robots), custom indicators, and scripts, as well as test and tune their EAs using the MT4 strategy tester.
MQL4 has a plethora of capabilities that allow traders to analyse previously received and current quotations, track price movements using built-in technical indicators, and manage and continually monitor their trading orders.
MetaTrader 4 and MetaTrader 4 for Mobile were created with all of the needs and ensuring flexibility at its finest, with mobility at its heart. This is why, in addition to Windows and Mac-based PCs, the MT4 mobile trading option enables investors to access the trading platform straight from their smartphones and tablets.
Managing a trading portfolio as well as several trading accounts and/or monitoring them is, therefore, realistically doable while on the road.
The ability to manage multiple trading accounts from a single interface and from portable devices such as smartphones, pocket PCs and tablet PCs gives investors a distinct advantage in trading, while the software's compatibility with the iOS operating system allows Mac users to monitor market changes 24 hours a day and place trades directly from their iPhone or iPad.
MT4 mobile trading makes it exceptionally simple for online investors to monitor the worldwide markets at any time and from anywhere, place and execute orders instantaneously, and maintain their accounts even while away from their home PCs. Furthermore, mobile trading offers a broad range of analytical options as well as the graphical presentation of quotations for optimal account management.
Because the MT4 mobile trading choices are the same for smartphones and tablets as they are for desktop and laptop PCs, online investors may trade at the same pace and with the same trading tools for the best outcomes.