Create and Test Forex Strategies
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| eas-guide:strategies-and-expert-advisors [2021/01/11 12:07] – Ilan Vardy | eas-guide:strategies-and-expert-advisors [2021/01/14 05:21] – Ilan Vardy | ||
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| MetaTrader is the most popular trading platform in the world. Most regulated brokers provide it free of charge. MetaTrader is developed by a company called MetaQuotes. Currently, MetaTrader **4** is the preferred trading platform among traders. There is also a newer version - MetaTrader 5. MetaTrader 5 is the latest version however, it is not as popular. | MetaTrader is the most popular trading platform in the world. Most regulated brokers provide it free of charge. MetaTrader is developed by a company called MetaQuotes. Currently, MetaTrader **4** is the preferred trading platform among traders. There is also a newer version - MetaTrader 5. MetaTrader 5 is the latest version however, it is not as popular. | ||
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| The main purposes of a trading platform is to deliver data from the broker to your screen and to allow you to trade. MetaTrader allows you to trade manually as well as automatically. | The main purposes of a trading platform is to deliver data from the broker to your screen and to allow you to trade. MetaTrader allows you to trade manually as well as automatically. | ||
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| In the image below, you can see a price chart of the EURUSD market. You can trade manually - buy and sell on the market. You can also see the current (latest) price on the far right of the chart. The price constantly changes and it is not always easy to decide whether you should buy or sell and what point in time you should execute your trade. Of course, you want to trade in the correct direction because you want to make a profit. | In the image below, you can see a price chart of the EURUSD market. You can trade manually - buy and sell on the market. You can also see the current (latest) price on the far right of the chart. The price constantly changes and it is not always easy to decide whether you should buy or sell and what point in time you should execute your trade. Of course, you want to trade in the correct direction because you want to make a profit. | ||
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| ==== Indicators ==== | ==== Indicators ==== | ||