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How to start using OANDA MT4 (MetaTrader4) platform?
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MT4 is used by FX / CFD traders around the world. Get the same environment as a professional trader with a wealth of indicators, analysis tools, and automated trading capabilities.
MetaTrader4 (MT4) is software for trading Forex developed by MetaQuotes Software.
List of OANDA’s all Trading Platforms and Tools
What is OANDA MT4?
MT4 has excellent chart function, and you can incorporate your own technical indicators called indicators or customize it yourself.
In addition to discretionary trading, you can develop your own automatic trading tool “Expert Advisor (EA)”, or obtain EA published on the net and introduce it to MT4 to perform system trading (automatic trading).
It is a system that can be used by traders all over the world regardless of trading style or trading experience.
Even those who are not familiar with development can easily operate an automatic trading system by using commercially available products or EA provided free of charge.
The chart function is also excellent, and by using it together with indicators, it is possible to display technical indicators such as trading timing on the chart.
In addition to the ones that are installed in MT4 from the beginning, you can freely use the innumerable amount of technical indicators created by investors all over the world and distributed on the net, so the range of transactions is expanded.
How to start using OANDA MT4 platform?
To use your MT4 account, please open an OANDA fxTrade account in advance.
For more information please visit here.
After opening an account, log in to the production or demo login page, and then create it from [Account Management]-[Create MT4 Sub-Account].
When creating, please check “Make this account available in MetaTrader 4”.
When you receive the email, please download MT4 from the MT4 download link in the email.
After downloading, please start the MT4 screen and try logging in from “File” → “Login to trading account” at the top left of the screen.
OANDA has prepared a comparison of all trading courses and options on this page.
Advanced Technical Indicators on OANDA MT4
Oanda’s MT4 can use the Oanda Lab indicator. Of course, open order and open position information can be found on the MT4 chart.
MT4 is equipped with more than 40 types of technical indicators by default.
Oanda Lab also offers more than 50 Oanda original indicators.
Experience the full-scale technical analysis that only Oanda’s MT4 can do.
Of course, it is possible to display the indicators that you program and create yourself on the chart.
Check out OANDA’s MT4 Indicators
Run EAs on OANDA MT4 with no limit
Oanda’s MT4 can use Oanda Lab’s exclusive EA.
Confirm the good or bad of the strategy by performing a backtest.
Set parameters and start trading today.
Steadily execute the logic that he decided to not lose due to psychological factors.
With Oanda Tokyo Server, communication time can be significantly reduced compared to NY servers.
You can’t log in to OANDA MT4?
Check your login ID, password, and server.
You can check your login ID after creating an MT4 account and logging in to the production or demo login page.
After logging in, the login ID of “MT4” is listed in the account information.
The password was set by the customer when creating the MT4 account.
To reset your password, log in to My Page and go to “Change MT4 Password” in Account Management.
The server has the following information.
- NY server:
- OANDA-v20 Live-3 (mt4-ng-trade03.oanda.com for direct input)
- Tokyo server:
- OANDA-FX Live (mt4-trade for direct input))
- Demo account:
- OANDA-Demo-1 (mt4-ng-practice01.oanda.com for direct input)
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