MetaTrader 4

The MT4 platform supports expert advisors (EAs) - automated trading tools developed by third parties. Using our expert advisors, you can:

• Build trading algorithms
• Backtest your trading strategies
• Use existing algorithms to enhance your trading strategy.

Use MetaTrader 4's advanced charting package to access:

• Nine time frames and multiple displays
• Five candles per week on the Daily NY Close Charts
• Over 50 built-in indicators

Our suite of technical analysis packages can be used as a plug-in to your MT4 platform. The plug-in lets you:

• Execute trades directly from the interface
• Access intraday market scanning
• Set up automatic chart pattern recognition and pattern quality indicators
• Set up automated alerts for specified patterns

Strengthen your forex trading experience with premium upgrades for MT4:

• Use one-cancels-the-other (OCO) for breakouts or reversions
• Trigger actions including trades with alarm manager
• Trader positions and orders updated every 5 minutes with our five-minute orderbook
• Trigger trades on the cross of a trendline with smart lines
• Capture market movements via the keyboard trading tick-chart trader
• Access 28 new applications and indicators.

See aggregate OANDA client open orders and open positions directly on your MT4 charts with the open orderbook MT4 indicator:

• Capture market sentiment, the foundation of most institutional trading strategies
• Identify key trends by monitoring our client open orders
• Gain visibility over the markets with our proprietary technology
• View aggregate current buy and sell orders placed by our traders
• Benefit from clearly visible support and resistance levels on your charts.

If you regularly trade USD15m or more each quarter, you could qualify for a complimentary upgrade to the MT4 open order indicator premium edition, which also offers an aggregate view of current buy and sell positions placed by OANDA traders, as well as non-cumulative orders. Simply deposit USD10,000 in your account and email your Relationship manager once you've hit the volume requirement and your premium indicator will be activated.

HOW TO INSTALL THE MT4 PLUG-IN