This way, you’ll be able to get a hold of the platform and its functionality, gain experience in analysis and in trading. MetaTrader 4 software will help you analyze the market from different angles. MT4 offers more than 50 different technical indicators for accurate and precise technical analysis. Using the indicators and applying them to charts, a trader can easily detect trends, determine volumes, spot various technical figures and much more. To access complementary LunarCapital’ indicators and plugins, you need to have an LunarCapital MT4 account.

Counter positions for all or some of the managed accounts can be closed using this tab. Every connected account that has open counter positions and every open position are displayed in table lines. If there is no need to close positions for an account, this account line must be unchecked in the table. To close counter positions for a particular instrument, press “Multiple Close By” button. An opposite position in relation to the given position is a counter position for the same instrument.

Установка MetaTrader и подключение к торговому счету

It offers a perfect combination of convenience and functionality.

You can then drag and drop the desired indicator onto the price chart. The new terminal successfully combines great functionality, which allows effective handling of multiple accounts, with exceptional usability. The interface is similar to that of the MetaTrader 4 Client Terminal. It is very user-friendly, any traders already using the MetaTrader 4 Client Terminal can easily familiarize themselves with this new program within a few minutes. LunarCapital is a global online broker, offering its services since 2007.

If there is one or more counter positions among open positions, the selected position can be closed by the counter one. In this tab, one can close a position by a counter position for all or selected accounts. Each connected account with open counter positions is displayed in a table line. If you don’t want to close a counter position for a particular account, uncheck the box with this account. To close a position, select it from the account’s popup positions list, then check a counter position in the list of opposite positions and press “Close”. Novice traders are advised to study MetaTrader4 and get familiarized with its functions using a demo account.

Then, drag the EA from the Navigator window and drop it onto an open price chart. You’ll know the EA is active when you see a smiley face icon in the upper-right corner of the price chart where the EA is applied. The MetaTrader 4 interface comprises an array of functional windows. The investment instruments tab, for instance, showcases assets earmarked for buying and selling. MetaTrader 4, developed by MetaQuotes Software Corporation, is favored among numerous Forex brokerage firms. Although its more advanced counterpart, MetaTrader 5, has emerged, it has yet to gain widespread adoption among traders.

MetaTrader 4 is rightfully considered the best trading platform among amateurs and professionals.

To delete a pending order, use the corresponding tab “Delete order”. In this tab, you can delete all or some orders for all or some of the managed accounts. + 5 types of trade volume distribution among accounts when placing a new order. The platform allows trading with several accounts at the same time without switching them. Expert Advisors (EAs/trading robots) are essential if you seek to automate your trading. You can find EAs under the “Navigator” tab in the upper-left corner of the screen.

How to download, install MetaTrader and connect to your account

The LunarCapital MT4 demo account provides access to a wide range of markets and allows you to try out trading strategies risk-free. Additionally, this account offers the same selection of free plugins and indicators as a live account. Once you install MetaTrader 4, you’ll have your own special username and password to use. To understand how the platform works, it’s a good idea to take online courses and self-study trading theory. Practicing on a demo account, mirroring a real account but with virtual funds, allows traders to gain trading experience without risking their own money.

Our mission is to provide clients and partners around the world with the opportunity to become successful in the financial markets. In addition to the free indicators provided by LunarCapital, users also have access to the top 12 MT4 plugins. These plugins allow you to customize the MT4 platform according to your specific trading needs. Switching between various accounts in MT5 has been made smoother and faster.

• If there is one or more counter positions among open positions, the selected position can be closed by the counter one.
• The new platform has addressed the limitations of MT4 and introduced various new features and interfaces.
• There are several ways to open a trade in MetaTrader 4, you can place an order even directly from the chart with 1 click.

Differences between the MT4 Demo Account and a Live MT4 Account

Some users find these menus more user-friendly and intuitive, while others consider them to be overly extensive. One of its notable features is its easy installation and user-friendly design. The platform was developed using the MQL programming language, which is popular among experts and runs smoothly even on computers with limited resources. You can not only make notes on the chart but also place elements and figures, making the market picture more comprehendible.

This feature was designed specifically for traders who use several accounts, and for Investment managers who manage multiple Investment accounts. The MetaTrader 4 platform is thought out right down to the https://lunarcapital.net/ smallest detail. It seems like the developers didn’t miss a thing and managed to create a masterpiece that makes the lives of thousands of traders so much easier. Once it’s installed, log in using your account number and the password provided by your broker in a registration email. To do this, click on the “Login to Trade Account” tab and choose the broker’s registered server as a designated server.

• This video will provide you with step-by-step instructions on how to download, install the MetaTrader trading platform and connect it to your trading account.
• In this tab, one can close a position by a counter position for all or selected accounts.
• If there is no need to close positions for an account, this account line must be unchecked in the table.
• To access complementary LunarCapital’ indicators and plugins, you need to have an LunarCapital MT4 account.
• One of its notable features is its easy installation and user-friendly design.

This seamless transition makes it easy to apply different trading strategies across multiple accounts. MT5 offers an increased variety of indicators compared to MT4, including new analytical and graphical elements. MetaTrader 4 and MetaTrader 5 are leading platforms for trading in the global Forex market. While both platforms are useful for experienced traders and beginners, the differences between them can significantly affect your choice.

Each MetaTrader 4 indicator and plugin has a distinct purpose, working together to create a cohesive toolkit that helps you execute optimal trading strategies. MetaTrader 5 introduces enhancements for both automated and market orders. It supports the execution of 2 market orders, 6 pending orders, and 2 stop orders. Furthermore, the MetaTrader 5 platform comes with an integrated economic calendar.