excel forex tool for metatrader 4

Benefits of Mexcel Trader

MexcelTrader is a powerful Excel trading application that offers to construct effective trading strategies. It utilizes the calculation competence of MS Excel, with regards to real-time data, price history, proprietary operations and technical indicators. Therefore, users can need to only rely on MQL programming, and form such strategies that would challenge even Expert Advisors.

With proper trading tools, foreign exchange can indeed be a lucrative business, and the powerful and user-friendly spreadsheet, namely the Excel program integrates with the most popular trading systems, rendering effective trading. Currency trading, the largest financial market on the global arena, is also called foreign exchange trading. A distinct feature of this trade is that the same commodity, namely currency, is bought and sold with the differential amount being the profit or loss.

Metatrader 4 happens to be amongst the top trading platforms. Its uniqueness lies in the fact that, besides offering the standard functions of opening and closing trades, it houses a set of features to assist users in developing extremely effective trading strategies. The profits offered by the mind-boggling volume of forex trade can effectively be tapped by online currency trading. By using the Expert Advisor feature, Metatrader allows trade automation, which plays a crucial role in forex trading, and goes on round-the-clock.

However, a lot of programming is required to create expert advisors, as the need for learning an entirely new programming language arises. Therefore, the forex excel system is a perfect alternative to this time-consuming task. All the features of Metatrader can be created by using the MS Excel program, spreadsheet software, leading to the creation of a tiny program, which integrates Metatrader and MS Excel. It is possible to create expert advisors by typing formulas in the Excel program, with support from the built-in help.

MexcelTrader just empowers the spreadsheet program, offering live streaming of data on currency values. Users can construct a database for price-history, in order to analyze trends over any range of time span, be it short or long. Further, a common platform can be used to communicate with multiple brokers, rendering an easier and prompter trading process. Even, when the users need to switch between brokers, there is no need to learn about any other new platform. Account management is simplified, and various strategies can be used between brokers.

Though forex trading can be done from home, with just a computer and the software to access the online forex market, traditional systems have invariably been complicated to quite an extent. But MexcelTrader has opened the possibilities of exploiting all the utility features of MetaTrader, without having to write complex programming codes. The full-charting environment of MetaTrader updates real time prices, besides displaying multiple time frames for every pair of currency used in trading.

With amazing features like screen-manipulation capability, inclusion of trade indicators and formation of automated trading programs by users themselves, MetaTrader is a popular and sophisticated trading platform for forex trading. Custom programs compiled through this platform are extremely beneficial, as it serves to ease the otherwise tedious trading process.

 

Mexcel Trader – Innovation by FxDialogue

 

A majority of people are aware that FxDialogue is amongst the best forex trading firms that are out to help people find solutions in their investments. They have been known to work towards developing very innovative and quite inexpensive solutions for individuals, and with their developments, they apparently come up with tools that are focused at curbing the obstacles which frustrate the traders.

 

With all this in mind therefore, there has been an attempt to improve on the existing metatrader4 program, by FxDialogue so as to provide the investors with quality options. Meta trader 4 has always been, and still is one of the best platforms known to be capable of performing multiple functions resulting in a satisfied user and hence, is a rather detrimental factor for the traders in selecting the platforms to trade with.

 

On the other hand, as with every platform, there always has been a scope of improvement in this platform too, in order for the user to enjoy its maximum service. This is because, with this platform, knowledge of the MQL program is a requisite, which requires special training and associated costs besides a lot of time involvement. This fact has led to the innovation of the mexcel trader, which empowers metatrader4 to be relieved of any such pre requisite knowledge.

 

With, mexcel trader function from FxDialogue, there is a direct allowance of excel function to all the market orders available directly to the Meta trader which helps to mitigate the need for the MQL program knowledge. This has been seen as a very fast and convenient way of trading without incurring extra costs, and is also viewed as a promising innovation, because the trader now, is capable of carrying out transactions directly from the excel sheet, which saves humongous amounts of time for individuals, that can be rather critical during extreme volatility of the markets.

 

Additionally, mexcel trader allows the integration of the metatrader into excel programming system, making it easy for the trader to track down all the required transactions on one single program, without having to go into different referential worksheets. Working and general trading has been made easy and effective by this new trading platform that has really proved it to become a complete new species of the Meta trader platform.

 

There is also the reported advantage of this platform whereby, the Meta trader platform has been made more user friendly, by allowing the user to interact extensively with the program. The interaction involves direct, prompt and easy connection to any Meta trader 4 broker at any time that reference has to be made to it. This connection to the Meta trader is however limited currently, for the connection ability only for a single or rather one meta trader at a given time.

 

Reports from reputed surveying agencies suggests, that the users of the mexcel trader indicate that it is a powerful excel trading application that is known to provide the meta trader 4 users an alternative building and trading strategy that can never disappoint. It is known as being one of the most reliable and efficient platform that has been provided by the FxDialogue firm. Finally, irrespective of the nature of online trade that any trader is involved in, the mexcel trader add-on to the metatrader 4 has empowered it to be the best option suitable for it.

 

Mexcel Trader – Innovation by FxDialogue

 

A majority of people are aware that FxDialogue is amongst the best forex trading firms that are out to help people find solutions in their investments. They have been known to work towards developing very innovative and quite inexpensive solutions for individuals, and with their developments, they apparently come up with tools that are focused at curbing the obstacles which frustrate the traders.

 

With all this in mind therefore, there has been an attempt to improve on the existing metatrader4 program, by FxDialogue so as to provide the investors with quality options. Meta trader 4 has always been, and still is one of the best platforms known to be capable of performing multiple functions resulting in a satisfied user and hence, is a rather detrimental factor for the traders in selecting the platforms to trade with.

 

On the other hand, as with every platform, there always has been a scope of improvement in this platform too, in order for the user to enjoy its maximum service. This is because, with this platform, knowledge of the MQL program is a requisite, which requires special training and associated costs besides a lot of time involvement. This fact has led to the innovation of the mexcel trader, which empowers metatrader4 to be relieved of any such pre requisite knowledge.

 

With, mexcel trader function from FxDialogue, there is a direct allowance of excel function to all the market orders available directly to the meta trader which helps to mitigate the need for the MQL program knowledge. This has been seen as a very fast and convenient way of trading without incurring extra costs, and is also viewed as a promising innovation, because the trader now, is capable of carrying out transactions directly from the excel sheet, which saves humongous amounts of time for individuals, that can be rather critical during extreme volatility of the markets.

 

Additionally, mexcel trader allows the integration of the metatrader into excel programming system, making it easy for the trader to track down all the required transactions on one single program, without having to go into different referential worksheets. Working and general trading has been made easy and effective by this new trading platform that has really proved it to become a complete new species of the meta trader platform.

 

There is also the reported advantage of this platform whereby, the meta trader platform has been made more user friendly, by allowing the user to interact extensively with the program. The interaction involves direct, prompt and easy connection to any meta trader 4 broker at any time that reference has to be made to it. This connection to the meta trader is however limited currently, for the connection ability only for a single or rather one meta trader at a given time.

 

Reports from reputed surveying agencies suggests, that the users of the mexcel trader indicate that it is a powerful excel trading application that is known to provide the meta trader 4 users an alternative building and trading strategy that can never disappoint. It is known as being one of the most reliable and efficient platform that has been provided by the FxDialogue firm. Finally, irrespective of the nature of online trade that any trader is involved in, the mexcel trader add-on to the metatrader 4 has empowered it to be the best option suitable for it.

 

 

FxDialogue’s – Enhancement with Mexcel Trader

Mexcel trading platform has been known to be an efficient worker because of its distinct features that enhances the Metatrader 4 into a much more comprehensive program. All this has been a result of the FxDialogues’ innovations and improvements in trying to make its customers comfortable and satisfied. The improvements have made the usage of metatrader 4 easy in compatibility with excel, with a promise of reliability and sustainability. The Mexcel trading platform is expansively better than the original Meta trader 4, in the way it operates.

Through this platform there is an easy access to the Meta trader 4 historical values and prices. This is a very important feature of this platform, in view of the fact, that a trader, more often that not, is made promptly aware of the existing prices, as well as values which play a major role in the trading process. The feature makes it easy to access the information on whether the prices are high or low at any point in time, should a person wish to make any references. The availability of such a feature has made the FxDialogue, a firm that can be relied upon because of its regular updates that are customer friendly.

While using this platform, there is also an assurance of having real time Meta trader 4 prices and even their technical indicators displayed on the excel sheet. It is a factor that is known to enable the trader in making proper comparison of prices before setting out to trade. As a strong feature, it has allowed the traders to be able to work efficiently on only a single worksheet as all the information required that is detrimental for a conclusive decision, is readily available. The indicator values and prices are more often than not, updated depending on the market rates at that moment. The updates are done real time on the excel sheet which updates the trader accordingly. They basically include a lot of factors amongst them, being the moving averages at the said moment.

The ability to use simple functions to execute and place orders in Meta trader 4 from excel is another feature that is absolutely outstanding in the Mexcel trader. Basically, a person does not need to be very compliant with what is being changed. One needs to have the simple excel knowledge and all these functions can be easily used. Several functions can be performed using this platform. For instance, it easily provides the user with functions that make it possible to accept all types of market orders and conditions that most of the time results in the price movements and indicators. Additionally, the functions provide the introduction to new excel that always helps the user to open and manage positions depending on whatever criteria they choose to use. These functions as simple as they may be are known to be very important to the trader and thus make the Mexcel trader the best platform for every intending trader.

FX dialogue in its improvement has also ensured that the Mexcel trader has an ability to provide streaming accounts to its users from the Meta trader to the excel sheet. The data that is made available is that one which is related to either the closed or open positions. There also can be data that’s related to pending orders and account balances. All this information can be made available simultaneously on the excel sheet.

These special features have therefore made trading using FxDialogue’s Mexcel trader very convenient by doing away with the conventional cumbersome procedures.

 

 

Why Mexcel trader from FxDialogue?

Questions have been raised as to why traders should opt for the Mexcel trader as opposed to the Meta trader 4, both of which are from the FxDialogue’s forex trading firm. The answer to the question is provided in the way the Mexcel makes work easier for the user as well as its limited conditions in order to use it. The Meta trader 4 is well known as having the ability to perform most of the functions although it has some limitations that involve the user being in possession of some prior knowledge in given programs in order to use it effectively.

It is therefore in this respect that people tend to ask the question, why should we adopt the Mexcel trader? As widely agreed, it is an improved trader platform that usually uses powerful excel trading applications that makes the whole trading process easy and simple to the user. Several factors can be picked out from this platform in an attempt to answer the question as to why it’s preferred. To begin with, it is proved that this platform allows the user to directly conduct his trade from the excel sheet. This is because all the available information is provided real time on the excel sheet. While on this platform, the user does not need to navigate to another sheet in his attempt to source certain information related to the trading. All the information required is basically available through application of simple functions available on this platform. This ability therefore makes it far superior to the Meta trader 4.

FxDialogue as a trading firm, is also into innovations, and has endeavored to ensure that the Mexcel trading platform is more flexible and much customizable. This has been an endeavor of being customer focused, in the sense that the platform is designed in such a manner, that it is very convenient to the user in terms of the turn around time in trading. It is mainly because, the user will not require any other information outside the excel sheet as it’s already provided for reference, before making an educated trading decision. The information provided is also suitable to the user as the information is constantly updated to suit decision making for the situation at hand.

Connection to any Meta trader 4 has also been made possible through this new platform, ironically though, a vice versa is not possible. With the connection being possible, what it means to the user is that any appropriate and essential information that maybe required from Meta trader 4 can easily be accessed while remaining on this platform itself. Therefore the working of the two trader platform can be merged into one, which is the Mexcel trader. This as a virtue, has seen many traders opting in favor of the Mexcel, as it guarantees them better services by incorporating both platforms into one, thus trading is most effective, resultantly.

The cumbersome requirement of MQL knowledge that is imperatively needed by any user in order to effectively use the Meta trader is done away with, as the Mexcel trader is adopted. It is believed that in this platform, any user who has the slightest inkling of how excel works, is in a position to use this platform. This is a saving factor for the user as he does not need to use money in obtaining training in MQL programs before trading. With these convincing and attractive factors, FxDialogue has made Mexcel the optimum trading option for many.

 

 

Wonders of FxDialogue and its new Mexcel Trader

A closer look at the two traders from FxDialogue trading firm reveal that in as much as all of them are used for trading, they do have their differences. The differences come as a result of the features that each of them have, in relation to the other. Noteworthy fact is, that Mexcel trader, which is an improvement of the metatrader 4 is seen to have more advanced features that are preferred, thus making it to stand out between the two. Its features are more flexible allowing the user to trade more conveniently than the other platform. It is known to do much more than what the Meta trader platform does.

With the Mexcel trader platform, there is an assurance that the there would definitely be a decrease in the learning curve, through better incorporation of Microsoft excel with the platform. All this is possible because with excel in place, a lot can be done and displayed at real time, for the user to undertake an educated trade decision. Information regarding prices and indicator values are easily accessible on this excel sheet, which therefore means, that the user does not require increment in his learning curve about other related software in order to trade. He can comfortably use the excel sheet with available simple functions, and be able to do whatever he desires.

FxDialogue, in its attempt to better the trading services, has tried to make sure that its Mexcel trader platform can allow the user to inherently do everything on one single sheet itself, without navigating to other places in a hunt for information. This is a huge attraction to the platform since most traders prefer a platform that can easily provide them with all the required information in a compact manner. Therefore, once you have set the program, all the required details of any kind of trading to undertake is available promptly, which is updated constantly making the information on the display exactly like a real time image. On this platform; there are a variety of available resources that the user can easily turn-to, for help. This has made trading easy as one does not require prior training before using the platform. Once in the platform, simplified functions are available, to lead the user into the required help thus making the trading very effective and prompt. This is also a huge advantage when it comes to volatility of the market. The help does not only involve the trading, it is also meant to help the user get a better understanding of how the Microsoft excels generally works. FxDialogue has provided appropriate teaching aids and material to its customers through Mexcel trader to get familiar with Excel so that they do not face any predicaments in operating the Mexcel trader.

User friendly and apt charts are also known to be created through this platform. This means that the number of activities that can be performed using the excel sheet are not limited in any way. The user can do a great array of activities while at the same time; learn on how other functions of the Microsoft excel works. It has been an encouraging factor to have this at the back of one’s mind that he is not just getting into Mexcel trader platform for trading, but also for gaining knowledge.

Most people have reportedly suggested the Mexcel trader platform to be the perfect platform available, when it comes to implementing complex trading strategies. This is not possible with the other platforms due to their own inherent complicities. With the changing times, there has been a trend of more complex trading strategies coming into existence and into the fore front, which requires constant implementation and mexcel trader from FxDialogue, is one of the platforms, which proves to be able to implement any such advancement, making it a perfect choice for an end user.

 

ATTRACTIONS OF MEXCEL TRADER BY FXDIALOGUE

Metatrader by FxDialogue, is an extremely user friendly commercial solution, which does almost all things which user need to perform with Metatrader4, by simplifying it through amalgamation of the trading platform with Microsoft Excel.

Metatrader4 is used by online Forex (foreign exchange) speculative traders as a software program and in Forex terminology; it is called Electronic Trading Platform. This software uses scripting language MQL4, which enables Forex traders to develop scripts, custom indicators and the most attractively, create Expert Advisors. Many brokerages that were using other trading software replaced or started using Metatrader4 as alternate trading software. It is very effective as it provides real time charts, operations in trade and technical analysis. Metatrader4 platform is considerably focused on margin trading.

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 first have to crate C++ library which is accessible from Metatrader4. Empowering Metatrader 4 with Mexcel Trader makes it significantly easy because it gives greater flexibility and the minimum language issues.

Mexcel Trader has certain very important features incorporated, along with tools that help a user to formulate Forex strategies, graphs and design charts without the knowledge of MQL, with the best being, that for using this, a user needs to only have the knowledge of Excel. Using Metatrader 4 with excel requires a lot of programming and it would consume humongous amounts of time do perform tiny work, but Mexcel trader by FxDialogue eliminates this cumbersome process by using the very effective calculation capacity of MS Excel with historical prices, real time data and propriety functions, making it a perfect alternative of the treacherous programming process.

Mexcel trader is user friendly and allows user to construct their own database for price-history to check the trends over any range of time span. This also provides live streaming of data on currency values in Forex. One more advantage for the users to feel absolutely confident while selecting Mexcel trader as their Forex trading firm is, that FxDialogue has partners authorized in the UK, EU and USA. Users’ funds are held at the esteemed JPMorgan Chase Bank and user is able to receive a 24hour trading support.

One dynamic property of Mexcel trader is that the user can use a common platform to communicate with multiple brokers, so users don’t have to switch between different platforms for communicating with numerous brokers in a short span of time, and neither do they have to understand the platform which the broker is using. This indeed makes it very simple for user by removing any sort of complexity 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 purpose, there are certain ambiguities in traditional systems, which are rather complicated to a large extent. To overcome this complicated solution, FxDialogue brought about Mexcel tool for Metatrader 4, whereby, through elimination of the need for users to write any complex programs, they have opened an array of possibilities for exploiting all the utility features of Meta trader and at the same time, updating real time prices through display of multiple time frames for every pair of currency used in trading over a single screen or window.

 

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