MT4 Charts for MCX and NSE
In forex trading, it is now very common to use forex robots, referred to also as an expert advisor (EA). The popularity of EAs started to rise after the introduction of the MetaTrader 4 (MT4) trading platform. It is now possible to use the charts of the Indian stock market and commodity market in MT4 Platform. Many of the financial service providers are now providing the live last traded price data on MT4.
Features in MT4 for Indian Markets:
Indian Market MT4 comes with most common Stock Symbols, Futures, Options, Commodity(MCX) and Agri commodities. There are more than 900+ symbols available in Indian MT4 data feed.
Auto Trading in Indian Markets:
Auto robot trading is also possible in Indian market. But for that, you need to use the bridge software. Bridge software communicates with the MT4 charting tool to get the latest entry and exit signals and push the same to the brokers trading terminal.
Forex Brokers with Free VPS Hosting Service
As on today, there are umpteen numbers of EAs in the market and choosing a good one is a challenging task. You need to take into consideration a few factors in order to choose the best as well as profitable forex robot. These include the trading style, risk tolerance, profit ratios, maximum loss/drawdown, and risk-to-reward ratio, among others. Ultimately, the best robot is the one that makes the most profit for you.
If you have decided to include EAs in your forex trading plan, then renting a virtual server right from your MT4 and MetaTrader 5 (MT5) terminals are the best way to make sure that your trading robots and Signal subscriptions work without any interruptions. The virtual server is essentially analogous to a Virtual Private Server (VPS). However, it is better and more suited to address the challenges and meet the needs of forex traders. You can rent the server right from your MetaTrader platform and with the help of a couple of mouse clicks, you can transfer the Experts Advisors, indicators, scripts along with Signal subscriptions, and settings to the virtual server. The Virtual Hosting Cloud network, developed specifically for MetaTrader, provides the required native solution.