Hire MetaTrader Programmers for Your MT Projects
MetaTrader 4 (MT4) is a powerful tool that can drastically improve traders’ performance in the forex market. The platform enables people to access the market in real time and execute trades automatically, backed by insights generated by built-in analytics tools. You can maximize the functionalities of MT4 services even better by hiring a freelance MetaTrader programmer on Guru!
What Is MetaTrader 4 (MT4)?
MetaTrader 4 is a free trading platform developed by MetaQuotes. It’s used for forex trading, financial market analysis, and the use of Expert Advisors (EAs) or forex robots. The services can also be used for other financial instruments and to trade in different markets, including indicators, cryptocurrencies, and commodities.
MT4 is extremely popular because it is a highly customizable to individual trading strategy, and it can be used to automate trading using algorithms and set parameters. It’s available for retail customers through specific brokers that license the platform; it’s used by over 750 brokers and banks, servicing millions of forex traders worldwide.
Why Use MetaTrader Programmers
MetaTrader 4 is considered the gold standard in trading platforms. Here are some reasons why the program is loved by traders and investors all over the globe:
Real-Time Market Access
MT4 allows traders to access market statistics and execute trades in real time. The “Market Watch” window lists information about the currencies and securities relevant to the trader, including the bid/ask quote, spread, contract size, margin currency, and margin percentage. Real-time market activity can also be seen through the “Depth of Market” feature, which can give traders an idea of market sentiment and trends for better indicator predictions.
Flexible Automated Trading
MT4 has two market orders and four types of pending orders and offers three types of trade execution modes. These give traders lots of flexibility to execute their performance strategy of choice–everything can be launched, modified, and deleted directly through the platform, too, making trading even easier. Traders can also deploy automated executions through MT4 EAs, enabling them to leverage market movements and make strategic trades without lifting a finger.
Analysis Tools
MT4 is built with powerful analysis tools, including over thirty technical indicators (with major and trend volume services). Traders can also view unlimited charts at a time, with each currency pair available in nine different timeframes (from minute to monthly intervals). These indicator charts can be customized to suit each trader’s requirements, such as being customized according to trader profiles or a particular market.
MT4s analysis capabilities make it easy for traders to forecast price movements, identify support and resistance levels, define entry and exit points, predict performance results, and set stop-loss levels.
Robust Security
MT4 utilizes a 129-bit encryption scheme and supports RSA digital signatures; trader IP addresses are hidden, as well. These features allow traders to trade and transact safely and securely with little risk.
Stable Accessibility
MT4 is accessible on various devices such as smartphones, tablets, and desktops. The mobile version also supports desktop functionalities, including access to analysis tools, but it also has additional features like push notifications and chat functionality. The platform itself is stable, enabling fast trade executions with very little chance of slippage.
What Is a MetaTrader 4 Specialist?
A MetaTrader 4 specialist is a professional that is adept in all things MT4. They’re typically web developers with knowledge of forex trading or other financial trades, and metatrader programmers use this specialized mix of skills to develop EAs, script custom indicators, or code algorithms.
Why Hire a MetaTrader 4 Specialist
A trader who wants to take advantage of all the functionalities of MetaTrader 4 will benefit from hiring an MT4 specialist. An MT4 specialist can guide them through the platform, and build algorithms, indicators, and charts that can improve their trading performance. An MT4 specialist is particularly needed by traders who want to create their forex robots.
What Jobs Do Freelance MetaTrader Programmers Do?
MetaTrader 4 (MT4) programmers can assist with designing and deploying custom applications or trade automation features to test or tailor an Expert Adviser or create a customized trading algorithm.
MT4 features can speed up responsiveness to your specific entry and exit triggers and ensure businesses and advisers engaged in investment and trading never miss an opportunity or experience risk exposure when they are away from their desks.
For example, you might hire a capable MetaTrader programmer to develop a currency pairs trading system that automatically buys or sells when an exchange rate hits a predetermined value.
Average Costs to Hire Freelance MetaTrader Services
The cost of hiring a MetaTrader programmer depends on the scope of the project and the level of expertise you require from your freelance professional. For instance:
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A newly qualified freelancer or MetaTrader pro building a portfolio of work might charge hourly rates from $20.
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More experienced programmers with a greater degree of knowledge charge $50 per hour on average.
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Advanced MetaTrader developers with exceptional skills can charge hourly rates of around $250.
Guru's extensive network of freelancers allows you to select the right candidates for your project based on budget and specifications, so you can pick a MetaTrader freelancer who best fits your requirements.
What to Look for in MetaTrader Specialists
Trading knowledge and the ability to program in MQL4 are fundamental requirements, and freelancers with experience working in MetaEditor will normally be able to develop new programs quickly and efficiently.
MT4 Specialist Job Responsibilities
The scope of a MetaTrader 4 specialist’s job varies. You can hire them to manage your MT4 platform, or you can get them for one-off projects such as creating custom code. Some services of an MT4 coder include:
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Setting up MT4
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Designing and scripting custom indicators
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Coding Expert Advisors for trading
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Keeping algorithms up-to-date with the latest market conditions and set criteria
Educating users about the functions of MT4
MT4 Job Requirements
The best MetaTrader job specialists will have a good command of the MT4 platform, particularly in the use of its native programming language. They should also be knowledgeable in forex trading or in whatever trading system they’re creating their algorithms or scripts for. Here are some non-negotiable requirements for the job of a programmer:
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Knowledge of the MetaTrader 4 platform (i.e., the best ways to use and maximize its features)
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Proficiency in MT4 and MQL4 scripting language, and other relevant coding languages
Competency in trading strategies and algorithms -
Technical analysis skills
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Experience in forex trading strategy
If you’re writing a job description for expert forex traders, it’s also best to include company-specific criteria and soft skills, such as the ability to work with a team, good communication skills, and being on time and detail-oriented.
How Much Does It Cost to Hire a MT4 Programming Services?
The cost to hire a MetaTrader 4 specialist varies depending on several factors such as expertise, experience, and location. In general, intermediate MT4 specialists may charge around $20 per hour, while expert MT4 specialists may cost about $50 per hour. Advanced MT4 specialists can set you back up to $250 per hour or more.
A knowledgeable and experienced MT4 specialist will be more expensive for their services, but they’re more likely to be able to efficiently do the job according to your requirements and strategy preferences, resulting in higher-quality work. Opting for relatively new talent may save you a few bucks, but it’s important to vet the programming expert properly to ensure that you’re getting what you need.
Tips For Hiring Metatrader Programmers
As a digital foreign exchange speculative trader, you can benefit immensely from MetaTrader 4 (MT4)--a digital trading platform for forex traders developed by MetaQuotes Software. This platform is popular for enabling users to write trading scripts and robots that they can use to automate their trading activities.
But since you’re not a professional software developer, you’ll need to hire qualified and experienced MetaTrader programmers to help you write trading scripts and robots. Fortunately, reputable freelance job sites like Guru have made it easy for you to find the most qualified MetaTrader developers for your project.
If you’re hiring MetaTrader developers for the first time, here are some quick tips to help find the right MT4 programmers:
Check Their Level of Experience
A good MT4 developer should have successfully handled many similar projects before to gain relevant experience. Therefore, begin the interview process by reviewing their portfolio. You can also ask them for referees who can vouch for them. If they have online platforms, check their reviews to have an idea of how their previous clients feel about them.
Test Their Programming Skills
Before you hire any MT4 programmer, test their skills with a small project. This may be a simple sample test that doesn’t compromise your trading business or intellectual property. Make sure the test is paid to motivate the developer to give it their best shot. Through this test, you’ll know if the developer has the necessary skills and experience to handle complex projects.
Check Their Communication Skills
The complex nature of MetaTrader development requires you to maintain a cordial relationship with your MT4 programmers. Your programmers should consistently update you on the progress of your project and explain complex concepts in simple, understandable terms. Therefore, they should have good communication skills, and collaborate with other members of your team to deliver the best results.
Consider hiring freelance MetaTrader programmers from Guru because they’re thoroughly screened to ensure they meet the standards of the modern job market!
Hire a MetaTrader 4 Specialist on Guru
The best way to maximize the benefits of MetaTrader 4 is to hire an MT4 specialist who can build EAs and create custom scripts that can enable you to execute trades even better.