The reason that so many brokers love MT4 is that they have available a tool with which they can make a lot of money.
There are many ways that an MT4 broker can make money, including ways to 'rob' the traders.
New traders are vulnerable to the games played by these scurilous individuals.
FSBPro was created with a view to helping traders develop strategies that could navigate MT4 trading profitable.
Have you ever wondered why MT4 strategy tester is so crappy......? Such a huge outfit as Metaquotes is using such a crappy tester to fool people about their strategies...... to help people lose money.
What do the metrics in the strategy tester tell you about your strategy...... NOTHING!
I wonder why they have never improved it....... the answer is clear...... they want people to lose!
Have you checked the finances of your broker? Probably there is no available information about the company, its principals, its finances.. its registration. The reason they hide that is obvious...... they do not want to be investigated, they do not want responsibility.
The only reason that a person could think well of MT4 and the MT4 brokers is that they have not done any due diligence before opening an account.
Most MT4 brokers are one man deals, set up in a secoind floor one room office, very few are properly registered with any respectable authority.
Why are so many in places like Cyprus and Belize............. because they have no regulation!
Best to look into your broker and his background and the finances....... because when the weather gets rough.. they disappear.
Welcome to the forex MT4 Jungle.
My 'secret' goal is to push EA Studio until I can net 3000 pips per day....