auto forex trade with meta trader 4
DESCRIPTION
MetaTrader 4 is an online trading platform designed for financial institutions dealing with Forex. I presented a brief preview of the extension system we're building for Auto Trading and the technologies involved.TRANSCRIPT
What's Forex and MetaTrader• Forex - Like stock
exchange but buy and sell currency instead of stocks
• Meta Trader: A platform to trade Forex
Meta Trader
MetaTrader 4 is an online trading platform designed for financial institutions dealing with Forex, CFD(Contract for difference), and Futures markets.
The platform includes all necessary components for brokerage services via Internet including the back office and dealing desk.
Currently, over 100 brokerage companies and banks worldwide have chosen our solution to meet their high standards of business performance.
MT4: Platform
Some MT4 Features
• Execution technologies: Instant Execution, Request Execution, Market Execution
• Realtime data export via DDE protocol;• Live Charts and Graphs• Indicators
So What's SO special about it• We can automate our trading strategy.• A built in programming language called
MQL• Can Add extensions to MT4• Open, Close, modify trades without human
intervention• Nearly 99%STP: Straight Through Process
We'll add the rest 1%
Quick Demo
Introducing Traderopolis
• Aiming 100% Straight Through Process
• Allows user to trade with minimal expertize on Forex
• Something which we're building
Some termsActive Trader: A good trader who knows the market well. One who makes profit
Passive Trader: A normal user who knows nothing about Forex
System: A trade channel which Passive will subscribe to
Workflow Engine• Active creates a System(or channel)• His trade logic or strategy gets stored in
the System
• Passive subscribes to the System.• Passive does live trading based on
Active's strategy
• All this in REAL TIME with 100% STP
Prototype Demo
Advantages• Anyone -one without forex knowledge can
also trade by subscribing to a system(channel) which makes profit
• WIN-WIN situation for both Active and Passive as both make money!
• Active trader may clone his own Trade
Limitations• Active and Passive should be under same
broker.
• Markets will fluctuate too much
• Government Laws on Auto trade. Some governments don't allow it.
Questions
Thanks!
Don't forget to visit:
www.BUSINESSBUZZ.in
My Special Thanks toJohan Tagor