Charting Software with Indicator Alerts

[d-pip]

rapister,

My first demo account was with CMS-VT Trader. When I started trading live I open accounts with CMS & Oanda. After using both for a while I decided to make Oanda my main account and trade with CMS-VT Trader as a secondary account. I also have a demo with Alpari (USA) using Metatrader 4 and planning on opening a live account with Alpari or IBFX (I've got my reasons for wanting 2 or 3 live accounts..LOL)

IMO, out of all the systems I’ve seen and used, Oanda has the best designed entry and exit system, fast, simple, straightforward, pre-set stop-loss take profit, lot size, one-click, on-charts and menu order entry...I really like using it. BUT...the charts are somewhat basic, no alarms, maybe a dozen or so indicators, some basic trend line tools etc. But even though the charts are somewhat basic I trade my most profitable strategy on them, 15m, 5m & 1m charts with just 14sma & 49 sma. Occasionally looking over to Metatrader for the big picture.

Metatrader-4 does everything...or pretty darn close. I’d highly recommend you try a demo. Tons of information and stuff about MT4 online, after you try it you’ll know what I mean.

VT Trader is kind of cool, I have lots of experience with it, it was my first and I’ve spent hours and hours using it. I find the programmed alerts from the auto trading system very useful. There’s something about it I like.

My advice would be to download and demo a bunch of platforms, there are pros & cons with all of them.

Take a look at Oanda and CMS-VT Trader, people say good things about GFT-DealBook too, but make sure you try a Metatrader-4 demo.

Good luck!

[rapister]

wow thanks

sounds like u had lots of experience with the software



i guess i will begin by trying out MT4 and then maybe the other 2 thereafter


thanks for helping out

[rapister]

hi so i installed MT4 but it says got to register for it? does this mean MT4 is a brokerage house?

[d-pip]

Originally Posted by rapister

hi so i installed MT4 but it says got to register for it? does this mean MT4 is a brokerage house?

rapister,
Yes, the data feed is supplied through the broker's server. It's pretty easy to set-up a demo account. Off hand I'm familar with 2 US MT4 brokers, Alpari (us) and Interbank FX. There are tons of ads for Interbank on the babypips site. Alpari has usa & uk accounts, I'm not sure what the difference is.

Generally, the brokers ask for name address email and phone. If privacy is an issue, I’ve heard of people using fake names and phone#. Seems like to only thing that needs to be real is the email (to confirm the account)

good luck!

[FXJHONNY]

Try metaf charts. They are on line and usually pretty good, ive checked them out a couple of times….
Good luck!