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What is the difference between MetaTrader 4 and TradingView?

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What is the difference between MetaTrader 4 and TradingView?

The only difference between MT4 and TradingView from a beginner’s standpoint is how available it is. An MT4 platform requires you to be registered with a broker, while TradingView can be accessed freely.

Is MetaTrader 4 real time?

Working on a demo account provides you with Forex trading experience using all the trading features provided by the MetaTrader 4 platform. You can trade in real time and learn how to analyze the markets using technical indicators without risking your money.

Is there a measuring tool on MT4?

Measure Distances – MT4 Tips and Tricks There is a “ruler” function in MetaTrader 4 trading software which allows you to easily measure one point on a chart to another. Then hold down the left mouse button from a particular point and drag the cursor to another point to measure the distance.

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How do I use tools in MT4?

Once you have downloaded MT4, you can log in with your IG credentials.

  1. Open a position.
  2. Once you’ve done that, you’ll be presented with the order window.
  3. Instant execution.
  4. Pending order.
  5. Monitor and close your positions and pending orders.
  6. Draw on charts.
  7. Add indicators.
  8. Change timeframe.

Can I connect TradingView to MT4?

Currently you can login with your MT4/MT5 account on TradingView, but trading is not available for these accounts.

Is TradingView chart free?

Express Your Trading Ideas on the Best Financial Charts Our completely free charts are online, which means no installations or setups. TradingView is not just an awesome tool, it’s also home to a global community of investors and traders who discuss their ideas.

How do I set up real account on MetaTrader 4?

To do this:

  1. Visit your broker’s site and in the account section, find and select the live trading option.
  2. Select ‘MetaTrader 4’ from the platform selection.
  3. Choose a trading account type with the conditions best suited to your trading needs.
  4. Read and accept the broker’s terms, conditions, and risk disclosures.
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What should I set my account history to in MT4?

Don’t forget to set your account history in your MT4 platform to “All history”. Xandra Summary is a useful tool for every MT4 platform.

Is MT4 a good trading platform?

MT4 is considered to be one of the most popular trading platforms for retail traders at financial markets, especially in forex trading. It’s user-friendliness and different charting tools give traders almost everything they need.

Can I analyze reports produced by MetaTrader 4/5?

Please disable AdBlock or whitelist EarnForex.com. Thank you! This report analysis tool will analyze .html reports produced by MetaTrader 4/5 (including Strategy Tester) and Oanda platform. The result of this analysis will be available in form of various metrics for your further consideration.

What operating systems does MT4 work on?

Please note MT4 works on macOS and Linux. It is also compatible with Windows 8 and 10 on 32 & 64-bit processors. On the other hand, you can trade directly from your web browser using a MacBook or Chromebook for instance.

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