MetaTrader is a forex trading platform built by MetaQuotes. The MetaTrader platform has a built in programming language called MQL4 (MetaQuotes Language 4) that allows the user to create and backtest trading strategies using historical data. MQL4 is used to write Expert Advisors, mechanical trading systems which can be used for both trading alerts and automated trading. Custom Indicators are indicators created by you or by other MetaTrader users in addition to the suite of built in technical indicators. MQL4 is easy to learn and understand even for those with limited programming experience. MetaTrader has a large and active user community online, discussing strategies and helping eachother with programming issues. The MetaTrader platform can be used with a variety of different forex brokers.Conclusion
Both the forex market and trading systems are here to stay and have a long evolution ahead. The future outlook is bright for the speculator - increased fx market regulation, tighter spreads, better execution and constant innovation and improvement in trading systems technology.
ForexGen Scalping Enabled Account
Trade and scalp the market [ForexGen] has the pleasure to announce the availability of both Dealing Desk and No Dealing Desk Platforms. No Dealing option provide traders with direct access to the best bid/ask prices through multiple bank access. No re-quotes & No dealer confirmation is the main characteristic of the no dealing option made specifically for “scalpers” and active FX professionals. Absolute freedom to trade during news and economic events. The no dealing desk option allows traders to place entry orders inside the spread! Unlike competing FX firms, [ForexGen offers] traders all the advantage of a “no dealing desk” option.Advantages of No Dealing Desk Option
* Trade the news without intervention or restrictions * Although spreads may vary in volatile market conditions, they are tried to be kept within the usually limits. * Place scalping orders without intervention or restrictions. * A client-friendly trading environment, No re-quotes. * Ability to place orders inside the spread * Competing rates from multiple banks * Spreads are variable and can move sharply * Ideal for active or professional FX traders
For more information about our current and future promotions, kindly visit this page often or contact one of our customers support agents at promotions@forexgen.com
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