Course Overview
4h 36m | 43 Videos | 72834 Views | 
Intermediate MetaTrader 4 Training :
- eduCBA brings you this short course on Derivatives Trading using MetaTrader 4 Tutorials.
- Derivatives Trading using MetaTrader 4 Tutorials is interesting and won’t you be interested to learn about the same?
- We hope that you learn in detail about the same.
Introduction and Background : MetaTrader 4 is the most popular trading platform developed by MetaQuotes Software for online trading in the various instruments in the foreign exchange market today. MT4, is the most commonly used electronic trading platform since the demo version is freely downloadable by any browser.
The licensed software is purchased by foreign exchange brokers who provide the software to their clients once they open trading accounts with these brokers. The server is managed by the broker and the client software is provided to the broker’s customers for trading.
Meta Trader 4 Training Functionality :
Meta Trader 4 is the most user friendly software as it is both screen as well as keyboard based. The MetaTrader 4 Application Program Interface allows the user a lot of freedom to customise strategies. No two MT4 interfaces would appear the same as you can modify the Server API, Manager API, DataFeed API ,Report API and the WebServices API.
Order Management : MetaTrader provide 2 types of trading orders a. Market Orders which trade at the current market price and Pending orders which are trigger based at a predefined level. As the final user you should know which execution model is being used by your broker. A survey conducted revealed that 41% users did not know whether it was Instant execution, Request execution, Market execution or Exchange execution mode. This course would give you a complete description of the order management process with examples. To draw an analogy it would be like a patient mentioning that they are not aware whether it is alopathy, ayurvedic, homeopathy or naturopathy treatment being given to them.
Components :
The complete MetaTrader 4 package includes the following components
MetaTrader 4 Client Terminal consists of the following windows namely Market Watch window, Data window , Navigator window, Terminal window and Strategy Tester window. The user can work on these windows by opening a demo account, contest account or real-time account.
MetaTrader 4 Mobile – As a globe trotting professional the mobile phone is your connect with the world. With WI-fi connectivity being available free in various countries trying to prove themselves at the best technology based nation trading it at your fingertips.
MetaTrader 4 Server – Better server management and up-gradation is the crux for any software today and this is the cutting edge which offers better service quality.
MetaTrader 4 Administrator– With System administrators providing 24/7 support , the MT4 is designed in a manner to remotely manage the server settings.
MetaTrader 4 Manager– Since Microsoft .NET is very popular libraries in the .NET framework can be used to interface with the MT4 Manager.
MetaTrader 4 Data Center– Cloud Infrastructure and Operations helps to get quotes quickly and is the link between the server and the final use.
MT4 Products:
The various markets that the MetaTrader 4 package caters to are
- Foreign Exchange Markets
- Spread Betting Markets
- CFD Trading Markets
- Metal Trading Markets
Point numbers b and c refer to very high risk trading, due to the leveraging effect, i.e. the ability of the participant to play with margins initially can lead to wiping out the entire capital of the individual. Only users with sufficient expertise and training should participate/trade in these markets.
MetaTrader 4 Training Target Customers:
- Brokers
- Students wanting to submit practical projects
- Anyone who wants to profit from foreign exchange trading
MetaTrader 4 Training Pre-Requisites:
- Basic Knowledge of Foreign Exchange markets and products
- Passion to learn about MetaTrader 4 Tutorials
MetaTrader 4 Tutorials Course Objective:
To master a completely new package and to enhance your trading skills in derivative products by using the inbuilt features in the very competitive foreign exchange market.
| Where do our learners come from? |
| Professionals from around the world have benefited from eduCBA’s Foreign Exchange Trading using MetaTrader FalcoFX 4 courses. Some of the top places that our learners come from include New York, Dubai, San Francisco, Bay Area, New Jersey, Houston, Seattle, Toronto, London, Berlin, UAE, Chicago, UK, Hong Kong, Singapore, Australia, New Zealand, India, Bangalore, New Delhi, Mumbai, Pune, Kolkata, Hyderabad and Gurgaon among many. |
