MetaQuotes
has recently started the beta-tests of the new update for Meta Trader 4
platform. The updated Yadix MT4 platform will include several beneficial
features for traders at Yadix Forex Broker. Below we have listed some of the
features that can be expected upon release.
Order Execution Time Notification
Most
experienced Forex traders understand that order execution does take some time
to be filled at the liquidity providers. Traditional brokers can take 200-500ms,
but during that time, the price level could change, and your orders would be
facing the slippage. It is clear that the lower the execution time is, the
lower the slippage and more accurate order filling will be.
Due to
the technical infrastructure that hosts all servers and data-centres used by
Yadix on the Equinix Exchange, latency is lower and execution speeds can be as
low as 20ms. Using the Yadix Free VPS, execution speeds have been recorded as
low as 1 ms giving expert advisors a real market advantage.
Previously,
for measuring the execution time, forex traders would have to install special
plug-ins and record the execution times. Following the new MT4 update, all
execution times will be recorded in the journal of each Metatrader 4.
Execution
times are very important, but for some scalping strategies and EAs, it is
crucial as slippage can eat the profitability of any forex order. The execution
time notification will allow traders to make sure that we reduce the chance of
slippage by keeping the execution time at the lowest possible level and judge
your brokers execution time even when using a VPS.
Search Bar
Another
new feature that will be useful is the search bar. It is located in the top
right corner and allows you to search the required information through the entire
platform and even through the specific categories.
It can be
used as a shortcut to find specific items installed on your MT4 such as an indicator,
account or expert advisor. New traders can use it to find additional Forex
information, as the search also crawls all information on the mql4 forum and
blogs.
Other features
There a several
more features that have been added to the Meta Trader 4 platform for beta
testing that include the application market section. There you will be able to
see the indicators and expert advisors available to trade with on Meta Trader 4.
Previously, this community potion was only available on the MT5 platform. It
seems that the popularity of the MT4 has encouraged Metaquotes to transfer the
positive and popular features of MT5 to the MT4 platform, whilst still keeping
all the infamous features that makes MT4 the world’s best trading platform.
Currently,
the new Meta Trader 4 update is in the stage of beta-test, and the last build
that I've tested still had a few serious bugs. Although, the MetaQuotes
promises us to release a new build every day, so there is a good chance that
those bugs will be fixed in the short time.
The new
Meta Trader 4 update has many new features to help clients improve their
trading experience with Yadix. Whilst the new build is still in the testing
phase at Metaquotes, as soon as the updated Yadix MT4 is released, we will gladly
update our clients with the final updated functionalities and our support team
will be on hand to help you whilst you get used to trading and implementing the
new features.
Download the Yadix MT4: http://www.yadix.com/trading-platforms/mt4-terminal/
