Saturday, April 19, 2008

Make money with MetaTrader 4

Jeffrey Royer

Information platform MetaTrader 4 was developed for organization of broking on Forex, CFD and Futures markets. This is a full-service complex. It means that you don’t need to organize additional software for organizing of broking if you use MetaTrader 4.

MetaTrader 4 includes:- MetaTrader 4 ServerServer is a system nucleus as it gets all the users’ requests. As a matter of fact, the server elaborates all the traders’ requests about getting quotations and news, fulfilling trading transaction, setting and executing of orders.

MetaTrader 4 Server is developed as service of Microsoft Windows NT/2000/XP/2003 operation system. MetaTrader 4 Administrator was developed for administration of all the service settings and MetaTrader 4 Manager elaborates all the traders’ requests. - MetaTrader 4 Data CenterData Center is a proxy-server and works as link between system server and client terminals. It was developed as Microsoft Windows NT/2000/XP/2003 operation system service and can elaborate requests of client terminals without real server. So use of Data Centers allows to exclude direct connection between system server and client terminal. - MetaTrader 4 Mobile TerminalsMobile trading (m-trading) is administration of trading account via mobile devices like cell phone or Personal Digital Assistant.

System requirements: PDA Pocket PC, Windows Pocket PC 2002 (at least).The main advantage of MetaTrader 4 Mobile Terminals use is that you can obtain access to markets from everywhere just in a few seconds with full guarantee of operation security.- MetaTrader 4 AdministratorMetaTrader 4 Administrator is a part of MetaTrader 4 information trading platform and was developed for server remote administrating.Data exchange between MetaTrader 4 Server and Administrator is encrypted with 128-bit keys.

So data operations are secure and safe. - MetaTrader 4 ManagerMetaTrader 4 Manager is a part of MetaTrader 4 information trading platform and was developed for trading transactions and traders’ accounts administrating.This program is multiuse working place. Administrating managers’ accounts’ rights with MetaTrader 4 Manager you can get terminals of different user options.

It may be terminal of dealer, risk-manager, account-manager and many other variants. - MetaTrader 4 Client TerminalMetaTrader 4 Client Terminal was developed for fulfilling of trading transactions and technical analysis in a real time mode while operating on Forex, CFD or Futures markets. Several types of integrated orders provide possibility of flexible trading activity administrating. The terminal has large number of technical MetaTrader 4 indicators and its own trading strategies programming language MetaQuotes Language 4 which is integrated.

Using this language you can create mechanical trading systems like MetaTrader 4 Expert Advisor which may analyze market situation, make decisions and so on.MetaTrader 4 is the best solution for broker companies, banks, financial companies and dealing centers. The main advantages of the system are as follows: - Serviced markets The platform was developed for providing service on Forex, Futures and CFD markets.- The complex is multicurrencyThe system is multicurrency. It means that any currency unit may become a base currency used for work of the whole complex so it may be used in any country with any currency. - High cost efficiency and productivityProtocols of data transmission and computing are highly cost efficient.

So you can support up to several thousand traders on one server with configuration Pentium 4 2 GHz, 512 DDR RAM, 80 GB HDD. New protocols also have moderate requirements that reduce the cost of their use. - The complex is reliableIf the platform data are damaged a backup system can restore database. Besides, synchronization helps to restore the whole damaged database by another MetaTrader 4 server. - SafetyFor reasons of safety all the information components of the complex exchange is encrypted with 128-bit keys.

Devices of additional user identity verification on the basis of RSA algorithm are also implemented. Such a solution warrants information security. Third party persons will not be able to use it. An integrated anti-DoS attack system improves stability of server operation and stability of the whole system functioning in general. A conceptually new system arrangement was developed for the protection against DDoS attacks. Now it is possible to hide real IP-adress of system with help of numerous Data Centers.

They are provided with integrated system of protection against DDoS attacks so they can detect and block those attacks. If a DDoS attack occurs it affects only Data Centers meanwhile MetaTrader 4 Server goes on working in normal operation mode. In this way Data Centers improve system DDoS attack stability. - Multilanguage supportMetaTrader 4 has a Multilanguage support imbedded. As for distributives they include MultiLanguage Pack which makes possible fast and correct translation of interfaces into any language. It enables any language integration into system.

This feature makes possible MetaTrader 4 usage by consumers of any country all over the world. - Open interfacesOpen interfaces of the server MetaTrader 4 Server API help you set the platform according to your wishes.

API enables you to solve a wide range of problems, for example it allows:
* To create your own analyzers for detecting of trends in traders monthly markup;
* To develop integration applications to other systems;
* To enhance server functionality;
* To embed your own mechanisms of system work control;
* Carrying out many other useful operations.- Integration with web-servicesTo provide better services for traders option of integration with web-services (www, wap) was embedded in the complex.

That allows to publish quotations, diagrams, dynamic tables with reports about situation on the market on your site in real time mode. - System flexibilityThe platform has a wide range of configurable functions. You may set all the parameters – time of trade session, detailed characteristics of financial tools of concrete groups of clients. - SubadministrationMechanisms of subadministration make possible conducting many Introducing Brokers on one server so you need only one server for your IB clients’ accounts and orders supervision. As for additional advantages, I may admit that purchasing this system with integrated software you may save money as development of analogue program product costs much more.

Besides, system introduction into service requires only one day so you can save your time.You may improve the system efficiency buying and installing metatrader expert advisor programming which was developed exclusively for this platform and has Mql4 programming language integrated. This Forex mechanical trading system usage will evidently make your business much more prosperous so do not hesitate to purchase it. Interesting? I guess so. And if you want to buy this mt4 expert it will be rather useful to make acquaintance with Metatrader 4 delivery terms.

Standard delivery terms include:* Program complex MetaTrader 4 (MetaTrader Server, MetaTrader Administrator, MetaTrader Manager, MetaTrader Data Center, MetaTrader Client Terminal, Mobile Terminals). One license allows you to install three copies of the server: the first one is for real accounts, the second one is for demonstrational accounts and the third server is a reserve one. MetaTrader Data Center, Administrator and Manager may be installed with no limitations. Client terminals (MetaTrader, MetaTrader CE and MetaTrader for Palm) may be provided with your company’s name and logo image. But be aware of the fact that traders may use MetaTrader 4 terminals of other companies while working you’re your service;* Free maintenance support during six months. Besides, planned renovations of versions of each program of the complex are provided. All the errors in the software will be swiftly fixed. Maintenance support also includes addition of new functions and the complex functions enhancement on your request. Maintenance support becomes payable in six months;* Pay instalments (up to six months).

And now let’s talk about one more feature which is called White Label. This is an additional arrangement which allows you to have the second set of client terminals developed exclusively for your Introducing Broker (IB). White Label terminals are absolutely identic to the terminals of standard delivery. The only difference is that they are provided with your IB’s attributes not with logo image of your company. Have any questions? Contact us and our managers will answer them and give you useful advice how to make your business more successful.And to sum it all up I must tell you that success is not difficult thing with MetaTrader 4.

Source: Articles Universe: http://articlesuniverse.com

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