Automated trading is a relatively new technology but very much promising. The main idea is to manage your accounts by computer program. In MetaTrader 4 analyzes these market assigned programs are called 'Expert Advisors'. In other words, MetaTrader 4 decide when to trade and traders only observe transactions. Of course they can to stop the automatic trade anytime if they consider it is necessary. To see examples of such results you can visit the website of the annual Automated Trading Championship. In the client terminal MetaTrader 4 the language MetaQuotes Language Integrated Development Environment (MQL4 IDE) is included . This environment consists of the following parts:
Terminal MetaTrader 4 for forex trading.
Terminal MetaTrader 4 is fully equipped trading system.It allows to trade by means of currency pairs, CFD and futures on the financial markets. It provides the necessary instruments and resources to analyze the dynamics of prices through financial instruments.
It is possible that commercial transactions to be carried out through automated trading programs (Expert Advisors). MetaTrader is an all-in-one and one of the most popular commercial terminal in the world.
Terminals MetaTrader 4 offers some impressive analytical tools. Nine time intervals are available for each financial instrument, providing a detailed analysis of price dynamics.