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Michael Markarian
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An expert within the field of electronic trading systems with a mastery of not only the markets but the needs of those who participate in them. As a dedicated and highly entrepreneurial representative of a respected trading firm and later the Founder and President of a private foreign exchange... More
My company:
Core Liquidity Markets
My blog:
Binary Options Core
  • Understanding MetaTrader 4 Expert Advisors 0 comments
    Mar 25, 2014 2:04 PM

    The MetaTrader 4 trading platform is probably the most popular of all Forex trading platforms. It is estimated that there are over 400 Forex brokers that offer MetaTrader 4. With an estimated 80% of the retail Forex market trading on meta-trader it's a wonder how and why this trading platform got so popular.

    One of the best-known features of MetaTrader 4 are what are known as expert advisors. What is an expert advisor? An expert advisor is really a trading system or the parameters of the trading system in a downloadable file which is also known as an MQL4. Traders around the world are constantly updating and creating new expert advisors based on their trading systems. One of the great things about expert advisors is that it can be installed on any of the MetaTrader 4 platforms. It is as simple as dragging and dropping this into the expert advisors folder in your MT4 platform. Then after the MetaTrader 4 platform is restarted one could drag-and-drop their expert adviser into the chart of their choice. They can then activate their expert adviser for live trading.

    The popularity and moreover the accessibility of MetaTrader 4 expert advisors has brought Forex Trading to the masses. Developing and implementing an expert advisor that works can be very challenging.

    To learn more please visit www.clmforex.com

    Trading Forex and Derivatives carries a high level of risk, including the risk of losing substantially more than your initial investment. Also, you do not own or have any rights to the underlying assets. The effect of leverage is that both gains and losses are magnified. You should only trade if you can afford to carry these risks.Trading Derivatives may not be suitable for all investors, so please ensure that you fully understand the risks involved, and seek independent advice if necessary. A Financial Services Guide (NYSEARCA:FSG) and Product Disclosure Statements (NYSE:PDS) for these products are available from Core Liquidity Markets Pty Ltd to download at this website or here, and hard copies can be obtained by contacting the offices at the number above.Please also note that your call may be recorded for training and monitoring purposes. Any advice provided to you on this website or by our representatives is general advice only, and does not take into account your objectives, financial situation or needs. You should therefore consider the appropriateness of our advice before making any decision about using our services. You should also consider our PDSs before making any decision about using our products or services.Note that the information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

    Disclaimer: Core Liquidity Markets refers to Core Liquidity Markets Pty Ltd. Core Liquidity Markets is an Australian firm registered with ASIC, ACN 164 994 049. Core Liquidity Markets is a Corporate

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