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Thread: Why meta trader platform so famous ?

  1. #272
    Junior Member NikNik is an unknown quantity at this point NikNik's Avatar
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    FOREX WITHOUT RISK
    How to earn money on Forex without risking losing your deposit.

    Can you earn money on Forex?
    Surprisingly, any answer to this question is correct. Whatever it is – a lot, a little, nothing, a million or two, you can lose everything – every one of these options can become reality. For each individual trader, this reality depends, above all, on his or her knowledge and skills; and on the ability to use at least 50% (or better all 100%) of the opportunities provided by the MT4 and MT5 trading platforms.
    At this point – I am sure! – most of the readers exclaim: “What’s hard about that? Just some graphs, indicators, advisers, a tester. Open a deal, close it and…”. And… look above for the possible options. Surveys clearly indicate that a significant number of users of these platforms cannot even imagine that through them you can earn a good amount of money… without even making any trades on Forex, in other words without risking anything.
    A host of bookmarks on the terminals MT4 and MT5 (Help-Community, Help, Market, Signals, Code Base) will bring you to the portal mql5.com, on which you can:
    - sell your own indicators and advisers on the “Market”,
    - fulfil orders as programmer in the “Freelance” section,
    - become a provider of trading signals, registering them in the section of the same name,
    - become a participant of the partner programme, advertising the products of other developers and traders,
    - and, finally, publish your own articles, blog, comment and socialise on the forum,
    and for all of that earn real money!
    If you allow, let us quickly go over each of the aforementioned ways of earning money.
    1. The "Market" section is good in that thousands of buyers visit it daily, because it is that easy – just click on the corresponding bookmark at the bottom of your terminal, and you are there. Thus, as a seller, you can rest assured that you have received a very good market place free of charge. As a confirmation of this, we will just say that by the middle of last year over 6,300 products were sold on “Market” with a total worth of over $522,000, and over 24,500 buyers had used this service.
    Of course, the success of your trading depends, above all, on the quality and the price of the goods you are selling – the script, the indicator or the adviser. Note that not only can you sell, you can also rent your products for very different periods of time. To make it easier for you to choose the right price, we advise you to not only study the price tags of other sellers, but also the number of sales of each of their products (the “Activations” indicator).
    2. The "Freelance" section – this is a job market of sorts for programmers. It is widely known that among millions of traders, only a few are fluent in the programming languages of MQL4 and MQL5, but many want to either create their own robots, or modernise the robots of others. Such a person, who has come up with an algorithm for the automation of their own trading, posts an announcement indicating what, for what money and in what timeframe they would like to get. You then answer them by offering your services as a programmer for fulfilling the specified task.
    Statistics show that the majority of such requests are fulfilled, depending on difficulty, for the price of $15 to $100 within 5 days, and a programmer working actively in “Freelance” can fulfil on average 500 to 1000 orders, and so earn $50,000 and $100,000.
    3. "Signals". Becoming a provider of your own (one or several) signals is quite easy – all you need to do is to register your trading account in the corresponding section. Note that you do not need to open a new account at some or other specific broker. You can continue working on the same account as you worked on previously, and all the information on your trading (including your trading history) will be automatically fed to your page in this section and will be available to potential subscribers.
    Usually the price of a subscription is $20 per month, so, for example, if 100 people copy your signals, your monthly revenue will be $2,000 (although you would have to give 20% to the portal as commission). We just need to note that the best signal providers can have more than 500 subscribers.
    4. Things are quite simple with the partners programme too – in the “Market”, choose one or several products and post links to them, for example, on your website. The same applies for subscriptions to signals. The size of your commission reward can be 10%, 20%, or sometimes even more.
    5. And, finally, the monetisation of your activities as an author of articles, a blogger or simply an active person who likes commenting on other peoples’ ideas, voicing your own ideas or socialising on the forum. You may think of it as a big brother, but these and all your other actions on the mql5 portal will be strictly recorded online in the “Achievements” section, and each step will bring you bonus points, which will then add up to a very precise amount of $1 for every 50 points. Personally, I have only been able to earn a bit so far – around $40 – but it is still pleasing. And what is doubly pleasing, is that in order to withdraw this money you do not need to trade for half a year to gain a certain number of trades, as is sometimes required by other brokers.
    The only slight issue, in my opinion, is that it would have been nice to have a wider range of payment systems available, but the developer of the portal – the company MetaQuotes – has promised to resolve this (admittedly not really significant) concern.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  2. #271
    Banned asim.bashir is an unknown quantity at this point asim.bashir's Avatar
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    dear friend....Meta trader platform is liye ziada famous hai kun ke iss main work karna asan hai aur isa main hum indicators aur bohat c strategies tamplets use kar sakty hain jo kisi bhi aur platform main hum use nahi kar sakty hain .is liye hi log is ko pasnad karty hain aur ziada tarders is main hi work karna pasnad karty hain.............thanks

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  3. #270
    Junior Member NikNik is an unknown quantity at this point NikNik's Avatar
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    MY TONGUE IS MY PROFIT

    “My tongue is my enemy”, the ancients once said. They could not have even imagined that after just two millennia, the meaning of this phrase would flip 180 degrees. Of course, if you only consider human language, everything has remained the same. “Silentium est aurum” (Silence is gold), “Silentium videtur confession” - we can endlessly recall proverbs and sayings about the need… to talk less. However, let us recall that not too long ago humans developed a need to communicate not just with their own kind, but also with computers, that have proven to be incredibly useful and essential in everyday life. As a result of this evolutionary process a new group of languages has arisen on Earth – programming languages, on which you can talk without even opening your mouth.

    I have to admit – I am a complete ignoramus in programming. In the last-century early 80s, when I was studying in university, the portable “computer” in the department of higher mathematics was nothing but a board with holes (ie jacks). By connecting those with wires and plugs, we would force this technological wonder to solve problems such as 2 times 2 and would get really excited when the machine answered with the number 4.
    In the lab where I started working once I ****uated from university, everything turned out to be much fancier – the “Minsk-32” computer took up a whole room and as far as the number of shelves it occupied it could be compared to the wardrobe of the English Queen or Madonna herself.
    This machine benefited us in one and only way – the person in charge of this monster used to be frequently given several litres of alcohol for degreasing the contacts, and, as you can imagine, this alcohol would then be quickly drunk by our friendly team (this was at the time when Gorbachev decided to wage war with drunkenness and no alcohol was to be seen on the shelves of shops across the whole of the USSR).
    As time passed, progress was being made, and at one point our lab received the mini-computer “Electronics” that could fit on a desk and consisted of a keyboard and a conventional television that functioned as a screen, while the information carrier was your most common audio cassette. It was fantastic!

    You have probably already understood in what circumstances I was introduced to the world of computing, and why I have yet to master even the basics of programming. However, regarding Forex, I have become a fervent supporter of algorithmic trading and I enjoy constantly producing my own advisers. This might surprise you, but some of them have been working for several years now on real accounts and are bringing me quite substantial profit.

    At first I was convinced that everything genius is simple. As a result, my advisers were very simple, but, as it turned out, not quite genius. Now they have smartened up a bit – their settings include dozens of parameters and (now I’m bragging) they can even fight deposit drawdowns.

    I have realised that in Forex, just like in real life, you should not try to grab the biggest piece of the pie. A collective effort is stronger than an individual one, and two minds are definitely better than one (mine).

    By this logic, in the same manner as Henry Ford had developed the conveyer belt, I split the process of creating robots into two (!) whole steps: on the first step, I write up an algorithm, and on the second, a programmer brings my “genius” ideas to life.
    It really is not difficult to write a detailed algorithm – you just need to clearly know what you want and not forget about Murphy’s law: if anything can go wrong, it will go wrong.
    This law, in my opinion, is actually fundamental in Forex and so when, for example, you open a “sell” position, you can be certain that with a probability of 99.99% the price will move in the opposite direction. This axiom should lie in the foundation of every good working adviser.

    So, we have sorted out the algorithms. Now it is step number two – writing the programme. There is no need to mention that the majority of indicators, scripts and advisers are written in the MQL languages for working on the MT4 and MT5 platforms. In my opinion, these are the very best and the simplest trading platforms, which are convenient and well harnessed for Forex languages (and this now is the opinion of professionals).
    Since both the platforms and the languages are the babies of the same artisans from MetaQuotes, it is pretty easy to take full advantage of them.
    Firstly, by opening the “Help” tab at the top of your private terminal, not only do you get instant access to the mega-portal mql5, but also textbooks on programming on both the MQL4 and MQL5 languages.
    (By the way, a very close friend of mine, having lost his job, quickly mastered the intricacies of programming and is now working for one of the respected broker companies).
    Furthermore, in the Code Base section of the mql5 portal you can find a multitude of ready programmes for the MetaTrader client terminal – take these as examples and they will help you in the creation of your own indicators and advisers.
    By following this route, you will have to spend a certain amount of time studying the intricacies of programming, but you will save the money you would have spent on hiring programmers. Then, before you know it, you yourselves will be able to make certain profit by sculpting programmes for “dummies” like me.

    “We’ll take the roads less travelled”, Lenin once said. So I decided that you “better go about than fall into a ditch”, and, bypassing other sections of the portal, I reached the absolutely wonderful section "Freelance". This is a real auction, a heaven for the client, where anyone can order practically any programme for MetaTrader – on very favourable terms at that, since 400 programmers (just think about this number!) compete with each other to fulfil your order.
    This really is a cool tender! I was not just pleasantly surprised – I was literally shocked, when, having published my first order, I got almost 20 offers from programmers willing to fulfil my order the same day. Moreover, I specified in the comments that I was willing to pay up to 100 dollars for the work under the condition that it is completed within a week. In the end, I got my “money-making machine” not in seven days, but in three, and not for 100, but for 55 dollars.

    For those who have decided to independently master this fantastic means of communication between human and computer, the MQL language textbooks can be freely downloaded on the portal of MetaQuotes, available in nine different languages. And what next? Next, we will recall the words of the Nobel prize winner and member of the Acadmie Franaise Anatole France:
    In order to digest the knowledge it is necessary to absorb it with gusto.
    Bon apptit, ladies and gentlemen!

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  4. #269
    Member eshaa is an unknown quantity at this point eshaa's Avatar
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    Meta trader platform is liye ziada famous hai kun ke iss main work karna asan hai aur isa main hum indicators aur bohat c strategies tamplets use kar sakty hain jo kisi bhi aur platform main hum use nahi kar sakty hain .is liye hi log is ko pasnad karty hain aur ziada tarders is main hi work karna pasnad karty hain.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  5. #268
    Junior Member NikNik is an unknown quantity at this point NikNik's Avatar
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    VIRTUAL “ME”
    OR HOW I TAMED FOREX


    I have been working with Forex for around seven years. I do not remember exactly when this virus infected me, but I surrendered to it quickly and, as it seems, for eternity. Nothing could help cure this illness: neither lost deposits, or a shattered nervous system, or sleepless nights, or fights with my wife. (By the way, if anyone could propose their own treatment options, my spouse would be very grateful).
    As for myself, having understood that the disease cannot be beaten, I decided that… I would not take full control of it, as the ancients suggested, but at the very least I would saddle it and tame it slightly.
    Therefore, the first thing I did was completely refuse to trade “by hand” and fully immerse myself into the world of advisers. Naturally, there were relapses, but these became rarer and rarer. Moreover, sound logic was on my side: since progress has given me a weapon as powerful as the computer, I convinced myself that it would be foolish not to use it.
    As a result, I had much more free time and started sleeping at night, while the amount of money lost began to sharply decrease – this had a most positive impact on the atmosphere in my family.
    I studied other people’s advisers, wrote my own algorithms, tested robot after robot… and kept on feeling that something was missing.
    And here came the “eureka” moment. When, just five minutes before the life-changing speech of the chairman of Fed, there was a blackout in my area and my computer only came back to life once the markets had already gone through all possible scenarios, it hit me that I needed to seriously up****e my workplace… and so I bought a UPS (Uninterruptible Power Supplies).
    My happiness knew no bounds. However, after half a month, some workers on the street broke the phone cord and I was left stranded without internet.
    Soon after I bought a mobile modem, the subject of my pride – my UPS, so heavy, imposing and seemingly infinitely reliable – passed away.
    My next purchase was a laptop, onto which I loaded all my advisers and which was working 24/7.
    It seemed as if life was getting better, but at some point, unfortunately (or fortunately?), I developed an interest in social trading, that is subscribing to someone else’s trading signals. I immediately realised what ping, delay and slippage are, seeing my wallet go thin – the deposit of the signaller grew steadily, but mine, in the best-case scenario, remained at zero.
    The solution turned out to be surprisingly simple and efficient…
    I forgot to mention that within social trading, having tried many different services, I finally settled on the mql5.com portal. First and foremost, the thing that caught my eye is that this service belongs to a “brand”, since it is owned by MetaQuotes – the company that developed the platforms MT4 and MT5. Secondly, I could not find such a variety of signals and such detailed information on each of them elsewhere. There was another advantage – mql5 did not tie itself to any single broker, and you could subscribe to signals (or, on the contrary, sell them) while having accounts in even a hundred different broker companies.
    So, the solution was found behind the door with the sign “Virtual Hosting”. I think that everyone already knows what VPS is or how to store information in the “cloud” (whoever doesn’t, please check out Wikipedia), and so all I shall say is that virtual hosting from MetaQuotes is the same thing as a normal VPS, but better. It is better because it was developed specifically for MetaTrader and it is not just easy, but very easy to use – a few clicks of the mouse in the settings of your personal terminal on MT4 or MT5 and all your advisers, indicators, scripts and subscriptions to signals along with all your settings will be transferred to the virtual server. From this moment onwards you are provided with uninterrupted trading 24/7. You can now sleep peacefully – blackouts and internet problems will no longer reflect on your deals.
    Add to this the minimal delay in the transmission of signals, because you can choose to rent the MetaQuotes server closest to the trading server of your broker.
    I will not go into details about how to use virtual hosting (there are detailed instructions regarding this on the mql5 portal, and a whole series of videos on YouTube), and will just add a few words about something that, I believe, should interest every true trader – money. More precisely, the cost of renting a MetaQuotes virtual server. Today, this is only $10 per month (or, with a discount, $100 per year), which is much lower than the cost of renting a normal VPS.
    There is a saying – “trust, but verify”. You can check everything I have mentioned absolutely free of charge: you do not pay for the first 24 hours of rent.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  6. #267
    Member uchija is an unknown quantity at this point uchija's Avatar
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    the movies like a wall street is a reason, jajajaj , but this program is simple and complete.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  7. #266
    Senior Member voipkolkata will become famous soon enough voipkolkata's Avatar
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    My friend this mt4 or mt5 are really fantastic software in the forex world and they are really more user friendly and we can easily learn the use of meta trader platform and we can trade easily.

  8. #265
    Senior Member eurofab is an unknown quantity at this point eurofab's Avatar
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    meta trader he to wo software hay jis ki waja say ham forex main trader kerty hin aur apna business set kerty hin ye bohat he kamal ka software hay yahan per ap ko market watch milta hay international price milti hay currencies aur commodity ki oil ki bhe aur ap ghr main baithy he iss ko achi terha say handle ker sktay hain

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  9. #264
    Junior Member NikNik is an unknown quantity at this point NikNik's Avatar
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    Notes of a Stingy Trader

    Many will definitely remember how Alice fell through the rabbit hole and found herself in a new world, full of new and hitherto unknown possibilities.
    Talking about the possibilities of the MT4 and MT5 platforms, these platforms possess a whole host of such holes: one just has to look at the bookmarks at the bottom of the terminal. One of them is called ‘Market’, which perfectly reflects its function, since it leads to a shopping centre, in which the shelves are full of hundreds of products, all of which are very useful for those calling themselves “traders”.
    To be more precise, the on line store on the mql5.com portal currently offers more than 5000 products, amongst which there are more than 700 indicators, 400 robot-advisers, scripts and other programs, as well as dozens of specialized books and journals on various financial topics.
    The official opening of the MetaTrader Market occurred in the start of 2012 and by the middle of last year more than 6300 ‘products’ had already been sold on that market, with their cumulative value exceeding half a million dollars. The amount of sellers offering products on this market is approaching one thousand, whilst the number of buyers has already far exceeded 25000. In my opinion, these rather commanding figures make obvious that this hypermarket possesses truthfully useful and essential tools for any trader.
    To be honest, I am not a big fan of paying money for anything, and prefer downloading various advisers free from the internet. On the other hand, I would like to stress that not even one – not one! - of my free advisers has delivered me so much as a penny of profit. Moreover, having seen two or three deposits go down the drain I realized that it is time to put a stop on experiments with my own wallet, and decided to take an introductory tour of the MetaQuotes ‘Market’.

    Why did I like it?

    1. Because it is quite easy to sort products by categories. For example, ‘MT4-advisers- popular, new, free, paid’ (notice, the market also offers free advisers!). Having gone through this chain of filters you can easily find what interests you personally.

    2. Because there is a substantial amount of information on every product, which is not limited just to ‘sample’ fragments of statements or authors’ descriptions, but includes also full data on online-monitoring and comments from traders who have either already purchased or simply tested a given adviser or indicator. Such information is vastly more objective than promotional texts, which aim simply to praise the product of the seller.

    3. Because prior to purchasing an advisor or an indicator you can test them absolutely for free. This also provides us with two numbers that enable us to evaluate the quality of a given product: the count of how many demo-versions have been downloaded as opposed to how many actual purchases have been made (activations). Let’s assume, for example, that 1000 demo-versions have been downloaded, after which 1000 actual purchases have been made we can safely say that the given product has satisfied the needs of traders by 100%, both in terms of quality and in terms of price. If, on the other hand there have been 0 purchases then one should definitely decide against acquiring this adviser or indicator.

    4. As has already been mentioned, I am quite stingy (or greedy) and dislike throwing around my money. For this reason “Market” has become quite attractive to me since one can, instead of purchasing, can… rent the products offered for a month, half a year or a year. Rent-test-like-buy. Do not like-forget: the loss is not big at all!
    5. One more relatively minor, but extremely pleasant feature is the ability to dispel myths. Amongst traders there exists a legend that if you buy an adviser priced at 10, 20 or 30 thousand dollars it will definitely end up being the ‘Holy Grail’ that will grant you multiple millions. Here it is apt to remember Alice and the Wonderland in which she found herself in at one point in her life. So that you do not find your mind wondering off to Wonderland and that it stays, instead, in reality ‘Market’ allows you to satisfy your curiosity by testing advisers priced at tens of thousands of dollars absolutely for free. I am not going to berate them, nor am I going to praise them. Simply test them and decide for yourself on whether they are worth your money or not.

    Finally, allow me to poor a couple of spoons of tar into this barrel of honey (what can we do without them!)
    Spoon #1: The average purchase price on “Market” is around 85 USD. This is, of course, not several hundred or even several thousand, but it is still a hefty sum. Therefore, prior to completing a purchase I strongly recommend making use of all the services ‘Market’ offers for the evaluation of a product’s quality.
    Now, Spoon #2: As claim the makers of this service, the key concept in ‘Market’ is Activation. In other words, buying a product, you are not buying a product (with apologies for the mediocre rhyme) but instead you are (quote): “acquiring the right to use it an unlimited number of times, but on a limited number of computers (devices?). One activation means that you can use a product on one computer without any constraints. You will be unable to download a copy of the product onto another computer, and manually copying the file onto another machine will similarly result in it not opening.”
    What can one say? I think that those who are familiar with the term ‘copyist’ can now give a sly smile. Especially since those ‘copyists’ can also be purchased on ‘Market’ without any problems whatsoever.
    Believe me: I am not calling anyone to do anything. I am merely trying to compare the arguments ‘for’ and the arguments ‘against’ from the perspective of a stingy trader. The truth, as per usual, lies somewhere in the middle, and when we find it we certainly be able to save (and possibly earn) quite a large amount of money.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. #263
    Member saifi is an unknown quantity at this point saifi's Avatar
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    My dear friend Meta trader is liay famous hai kiyun k is ko use karna bohot easy hai aur ye asani say sab ko samaj aa jata hai aur use ho jata hai. thanks

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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