The web-based version of the MetaTrader 4 platform has been updated. MetaQuotes’ current desktop MT4 platform is the most popular trading software among retail traders, and the Webtrader edition was presented last year due to growing user demand.
The latest version of the Webtrader has been fitted with Bill Williams’ indicators and three new language versions- Indian, Ukrainian and Uzbek. In addition, oscillators like Alligator, Fractals, Market Facilitation Index, Awesome Oscillator, Accelerator Oscillator and Gator Oscillator have been added, providing updated and improved charting efficiency.
Until now, running several indicators at once has resulted in Webtrader slowing down. Performance has been significantly improved thanks to the modern WebGL technology. As a result, users can now use an unlimited number of indicators and oscillators without fear of the program slowing down.
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Webtrader, next to the desktop and mobile versions, complements MetaQuotes’ trading offering. The platform is becoming more and more popular among a vast number of retail brokerages. Recently, Finance Magnates reported that the platform was made available to OctaFX broker customers. Thus this entity joined the ranks of such companies as Admiral Markets, XM, ICMarket and DMMFX Australia, which already offered their clients access to the MT4 web platform.
Although the Webtrader solves the problem of admission from different operating systems, it still features fewer tools than the desktop version. The current update is a move to make the Webtrader more attractive and pull in even more users. While the platform offers a wide array of functions that can be found on the desktop edition, it is still missing support from expert advisors, an essential part of the MT4 software.
In February, Meta Quotes released an updated mobile version of its app, which was adapted for the iPad Pro. The new product was released for MT4 and MT5.