The UK branch of forex brokerage Admiral Markets Group said on Friday it clients who use the Supreme edition of the MetaTrader 4 (MT4) trading platform can now use a trading simulator to test strategies. The new feature will allow traders to backtest manual strategies with historic data.
Admiral Markets has also expanded its MT4 Supreme edition offering with three new indicators. Following are details about the types of indicator and their features:
- Chart-in-Chart indicator – allows users to create a second chart window inside the main chart, on the same timeframe as the main chart. This simplifies close monitoring of additional instruments allows traders to attach multiple MT4 indicators to it.
- Mini Chart Indicator – displays multiple charts directly in users’ current chart.
- Symbol Information Indicator – enables traders to assess the market situation for any instrument by displaying daily change, range and multiple indicators on every timeframe.
Admiral Markets’ MT4 Supreme edition now also features an in-chart magnifier for more detailed display of timeframes. It is easy to use and requires just a few simple moves – drag and drop over a selected area.
MT4 Supreme edition is an extension tool to the MT4 trading platform. It offers performance-enhancing tools, such as mini and trade terminals, sentiment and correlation traders, correlation matrix, alarm and market managers, session map, and others.
MT4, developed by Russian software company MetaQuotes, is the world’s most widely-used forex trading platform. It is available as desktop and mobile applications, as well as in a web-based version. It allows trading in forex, contracts for difference (CFDs). Traders can download ready-made or create their own trading robots (Expert Advisors, or EAs), scripts and custom indicators in the MQL programming language. With its outstanding charting package, auto-trading capabilities and signal copying, the platform is user-friendly and even novice traders can easily find their way around it.
Admiral Markets UK is based and regulated in the UK and has a sister company in Australia, Admiral Markets Pty. Both brokers are units of Estonia-based Admiral Markets AS, part of the holding company Admiral Markets Group, which also includes Cyprus-regulated Admiralex.
The broker offers trading in a wide range of instruments, including forex, commodities, indices, shares, bonds.
Source: Admiral Markets