MMATrader is a multi-faceted forex trading platform that is easily adaptable
to the trader's individual preferences and tastes. Foremost, MMATrader gives the
user the opportunity to trade in FX quickly, seamlessly and easily via the live
streaming prices that are constantly generated. All of the advanced
functionality is visible within the platform and the main page gives the
trader a one-page full-featured advanced forex trading
platform.
MMATrader allows the user to open multiple worksheets and save
the information and the layout according to his or her preferences. The
windows on the main page display all the necessary information for
trade:
By using the tabs found beneath the main menu, clients can easily jump from
one workspace to another. Workspaces can be created, edited and deleted easily
by right-clicking on the available tabs.
The one-click worksheet displayed allows the trader to execute
trades with a single click. These windows should be used by confident traders
only, since a single click is sufficient to enter into a trade. It offers great
flexibility for traders, allowing them to enter and exit the market
quickly.
By tabbing onto charts, the trader can see an example of the
types of charts available. Charts can be changed and analyzed to suit the
trader. Forex trading platform charts are unique in
allowing you to trade directly form the charts.
The Dealing Rates window is a versatile window that allows the
trader to pick his favorite instruments. The current default window features six
different instruments, although the trader has the ability to increase or
decrease the number and types of instrument displayed. The trader can also
detach the window in order to view the rates on any window or computer page that
he has open, independent of the MMATrader forex trading
platform.
The main function of this window is to carry out trades. By
right clicking the instrument "Bid" or "Ask", the trader is able to choose
between a "market", "limit" or "stop" order. The trader selects the amount he
wishes to trade and clicks the "ok" button to execute the trade.
The dealing rates table window allows the trader to view many
different instruments, including the days high and low in one window.
The trader can execute the same orders and in the same format as the
Dealing Rates window.
The Open Positions window displays the trader's open positions.
The trader is also able to close a trade with one-click on the Close tab. In
addition to closing the open trade, the trader is able to set stops
including trailing stops, limits and O.C.O's. During times of extreme
volatility it can be difficult or impossible to execute orders.
The Orders window displays the trader"s orders that are not
linked to existing positions. Through the Order page, traders are able to set
"If Done" I/D orders as well as all the standard orders mentioned in open
positions. During times of extreme volatility it can be difficult or impossible
to execute orders.
The Account Information window shows the traders financial
status at any given moment. This information includes the traders balance,
equity (balance plus the P&L for current open positions), the used and
available margins, as well as the P&L.
The charts available in MMATrader are functional and very easy
to use. The trader is able to use different chart types, such as line, bar and
candle. The trader can choose different instruments within the chart as well as
different periods. It's easy for the trader to add his own technical analysis
tools, such as, support and resistance lines, Fibonacci lines, a large range of
oscillators, moving averages and a host of other indicators.