Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

Metatrader 4 – Web Platform Overview

1 min read

Year 2015 is the era of Brokers focusing more on Technology especially on the Client Front end UI design and therby providing more power to the retail traders. Many popular brokers and vendors launched their brand new web based platform and made traders to access their terminal and trade from anywhere/anydevice in the world. Metatrader one of the popular vendor among International Forex/CFD traders also launched their Web Based Platform beta version a month ago.

Metatrader 4 Web
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– The user interface is really good, light weight and the data streaming is really fast and as good as their Client Terminal. One can access from PC, Mobile, Tablet from anywhere, anydevice, anybrowser.

– Single Click Order entry is possible

– Supports MT4 standard fixed timeframes 1M, 5min, 15min, 30Min, 1 Hour, 4 Hour, Daily , Weekly & Monthly

– Supports Candlesticks, Bar Chart & Line Chart

– Supports Drawing tools like Lines, Fibonacci, Equidistant Lines

– Managing Trade Details, Order Details and View Account Balance

– Supports Live and Demo Accounts

– Supports Standard MT4 style WatchList

– Chart Zoom In & Zoom Out Features and Mouse based scroll

– Supports Languages like English, Chinese, German, Portuguese, Japanish, Spanish, Russian

– Supports Custom Workspace Layouts

But is missing is the major features like indicators. As of now one cannot add any classical indicators or custom indicators and expert advisors over the web chart. But Web-Based chart provides access to place your trades quickly and so the design is focused on simplistic and minimalistic features.

Metatrader newletter to its readers said “next stage of development for adding the basic set of technical indicators will start soon”

Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

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9 Replies to “Metatrader 4 – Web Platform Overview”

  1. Hi,
    can you suggest any professionals who can convert MT4 indicators to Amibroker AFL’s please ?

  2. Rajandran sir

    can one mt 4 indicator be converted into amibroker afl …if possible plz let me know i m willing to pay a nominal fee for that

  3. Dear Rajandran ji,

    Please tell, How can I do the Stock Trading using MT5 in India, I/my Broker has Nest Plus platform, thus from where can I get the MT5 / Nest integration plugin ?

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