Attractions of Mexcel Trader by FxDialogue
FxDialogue Metatrader is an extremely easy to use trading solution, which does almost all the things the user needs to do with Metatrader4, simplifying it by merging the trading platform with Microsoft Excel.
Metatrader4 is used by speculative online Forex (currency exchange) traders as a software program and in Forex terminology; It is called Electronic Trading Platform. This software uses the MQL4 scripting language, which allows Forex traders to develop scripts, custom indicators, and most attractively, create expert advisors. Many brokerages that used other trading software replaced or started using Metatrader4 as alternative trading software. It is very effective as it provides real-time charts, trading and technical analysis. The Metatrader4 platform heavily focuses on margin trading.
The internal programming language used in MetaTrader 4 is like “C”, which is a machine language that allows software users to program their own signals, trading strategies and indicators. And to interact with Excel, users must first create a C++ library that can be accessed from Metatrader4. Enabling Metatrader 4 with Mexcel Trader makes it significantly easier because it provides greater flexibility and minimal language issues.
Mexcel Trader has certain very important features built in, along with tools that help a user to formulate Forex strategies, charts and design charts without the knowledge of MQL, the best thing being that to use this, the user just needs to have the knowledge of Excel. . Using Metatrader 4 with Excel requires a lot of programming and would consume huge amounts of time to do a small job, but FxDialogue’s Mexcel trader eliminates this cumbersome process by using the very effective calculation power of MS Excel with historical prices, real-time data and proprietary functions, making it a perfect alternative to the treacherous programming process.
Mexcel trader is easy to use and allows you to build your own price history database to check trends in any time range. This also provides live streaming of data on currency values on Forex. One more advantage for users to feel absolutely safe in selecting Mexcel trader as their Forex trading firm is that FxDialogue has authorized partners in UK, EU and US. User funds are kept in the estimated JPMorgan Chase Bank and the user can receive 24-hour trading support.
A dynamic property of Mexcel trader is that the user can use a common platform to communicate with multiple brokers, so users do not have to switch between different platforms to communicate with numerous brokers in a short period of time, and they do not have to . understand the platform the broker uses. In fact, this makes it very simple for the user by removing any kind of complex involvement.
Forex trading can be controlled from home, and for that we would simply need a computer and the software to access the online forex market. For this, there are certain ambiguities in traditional systems, which are quite complicated to a large extent. To overcome this complicated solution, FxDialogue created the Mexcel tool for Metatrader 4, whereby, by removing the need for users to write complex programs, they have opened up a number of possibilities to exploit all the utility features of Meta trader and at the same time, updating prices in real time through the display of multiple time frames for each currency pair used in trading on a single screen or window.