The MetaTrader 4 mobile application is one of the most widely used trading platforms available on iOS and Android devices. It replicates the core functionality of the desktop terminal in a compact, touch-optimized interface designed for traders who need reliable market access while away from their primary workstation.

Charting and Technical Analysis

Charts are central to the MT4 mobile experience. The app provides interactive price charts across multiple timeframes, from one minute (M1) through to monthly (MN). Traders can switch between candlestick, bar, and line chart types depending on their analysis preference.

Available Timeframes

TimeframeCodeSuitable For
1 MinuteM1Scalping, short-term monitoring
5 MinutesM5Intraday trading
15 MinutesM15Intraday swing setups
1 HourH1Intraday trend analysis
4 HoursH4Swing trading
DailyD1Position trading
WeeklyW1Long-term analysis

Built-In Technical Indicators

The MetaTrader 4 mobile app includes over 30 built-in technical indicators across four categories:

  • Trend indicators: Moving Average, Bollinger Bands, Parabolic SAR, Ichimoku Kinko Hyo
  • Oscillators: MACD, RSI, Stochastic, CCI, Williams Percent Range
  • Volume indicators: On Balance Volume, Money Flow Index
  • Bill Williams indicators: Alligator, Fractals, Awesome Oscillator

Order Management

Active traders who rely on the metatrader mobile app can manage their entire order book from a smartphone, including viewing open positions, modifying existing orders, and closing trades manually or through automated stop and profit levels.

Push Notifications and Price Alerts

The app supports push notifications that deliver price alerts directly to the trader’s device. These notifications can be configured from the desktop terminal and received on mobile even when the app is running in the background. This feature allows traders to monitor specific price levels without watching the screen continuously.

Watchlists and Quotes Screen

The Quotes section of the app displays a customizable list of financial instruments with live bid and ask prices. Traders can organize instruments into watchlists, mark favorites, and sort by symbol name, spread, or price movement.

Account Monitoring

The Trade tab within the app provides a real-time overview of the account, including:

  • Current balance and equity
  • Margin used and margin level percentage
  • Floating profit or loss on open positions
  • Individual position details including entry price, volume, and current profit

Key Feature Summary

FeatureDescription
Interactive ChartsMultiple timeframes and chart types with zoom and pan
30+ IndicatorsTrend, oscillator, volume, and Bill Williams categories
Full Order ControlMarket orders, pending orders, stop-loss, take-profit
Push NotificationsReal-time price alerts sent to the mobile device
Customizable WatchlistsOrganize instruments for quick access
Account OverviewBalance, equity, margin, and open position tracking
Trade HistoryAccess to closed trade records and account statements

Conclusion

The MetaTrader 4 mobile app delivers a comprehensive set of tools for traders who require reliable market access outside of a desktop environment. Its combination of charting depth, order management, and alert functionality makes it a practical primary tool for mobile-first trading workflows.

JS Bin