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How exactly do i develop my trading system using a meta trader4 software?
May be the system development...
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- In Forex Strategies
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- thegreeks
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- 1 year ago
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You can develop any trading system with any trading platform. The advantage of using Metatrader is its flexibility as it allows you to use custom indicators that are made available by some programmers and posted online for free usage. |
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You can setup a trading system using any software, as long as you know how to use it. To develop your own system, my advice would be to read, read and read! Not to mention keep demo trading! Check out the forums at BabyPips and register at MeetPips. You can take a look at other traders plans and strategies. You might be able to get ideas for your own system! |
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I found that you can mix and match other people system to make it your own because their trading style may be different from yours. After that you have to test it to be confident in using it. |
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Your trading strategy is your trading system. You use MT4 as a platform to trade according to your trading system. |
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MT4 is a trading platform. A strategy can be implemented in almost any platform (unless you're using the platform for EA's, to which MT4 is the most popular. |
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