Metatrader 4 Documentation

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Client Terminal is a part of the online trading system.

It is installed on the trader's computer and intended for:. receiving quotes and news in the online mode;. performing trade operations;. controlling and managing open positions and pending orders;. conducting technical analysis;. writing expert advisors, custom indicators, scripts, and functions in MetaQuotes Language 4 (MQL4);. testing and optimizing trading strategies.

For making a decision to trade, reliable on-line information is necessary. For that, quotes and news are delivered at the terminal in the real-time mode. On basis of on-line delivered quotes, it is possible to analyze markets using technical indicators and line studies. Expert advisors allow to work off routine of observing markets and the own positions. Moreover, to ensure more flexible control over positions, several order types are built into the terminal. The Client Terminal can operate under Microsoft Windows 7/8/10.

A processor that supports SSE2 instruction sets is required for operating as well. Other hardware requirements depend on terms of using the terminal – load from running MQL4 applications, number of active instruments and charts, etc. © 2000-2022, MetaQuotes Ltd. The specific purpose of the website creators is to provide all visitors with an opportunity to freely communicate and discuss issues of programming in MetaQuotes Language 4, trading, automated trading systems development, strategy testing and using MetaTrader 4 technical indicators.

You will find here the full description of the language, articles on different topics, the forum, automated trading programs written in MQL4, and many other things. You will be able to talk to authors of articles and programs or ask questions in the forum where you will certainly receive an answer from your colleagues. MetaQuotes Language 4 (MQL4) is a new integrated programming language for developing indicators and trading strategies for the free-of-charge online trading terminal named MetaTrader 4.