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Meta Trader 4
Meta Trader 4
The client is a Microsoft Windows-based application that became popular mainly due
to the ability for end users to write their own trading scripts and robots that
could automate trading. In 2010, MetaQuotes released a successor, MetaTrader 5.
However, uptake was slow and as of April 2013 most brokers still used MT4. While
there is no official MetaTrader 4 version available for Mac OS, some brokers
provide their own custom developed MT4 variants for Mac OS.[2][3][4]
Contents
1 History
2 Functionality
3 Components
4 Products
5 See also
6 References
7 External links
History
Its developer, MetaQuotes Software, had previously released a number of versions of
the MetaTrader platform starting in 2002. MetaTrader 4 was a significantly enhanced
version and was released in 2005.[5]
Between 2007 and 2010, a number of brokerages added the MT4 platform as an optional
alternative to their existing trading software due to its popularity with traders
and the large number of third party scripts and advisors.[citation needed]
Functionality
Yahoo! hosts a large group (over 12,000 members) devoted to development of free
open source software for MetaTrader.[12]