The MT4 trading platform provides automated trading programs known as expert advisors (EAs). You can build your own EAs or purchase third-party developed ones. With EAss, you can:
Build simple or complex trading algorithms and technical indicators
Back-test your trading strategies
Use existing algorithms to enhance your trading strategy
Make your trading algorithms available to others for free or purchase
Automate trading and eliminate any risk of human error
Our suite of technical analysis packages can be used as a plug-in to your MT4 trading platform. This lets you:
Execute trades directly from the interface
Access intraday market scanning
Set up automatic chart pattern recognition and pattern quality indicators
Set up automated alerts for specified patterns
See aggregate OANDA client open orders and open positions directly on your MT4 charts with the open order book MT4 indicator. This allows you to:
Capture market sentiment, the foundation of most institutional trading strategies
Identify key trends by monitoring our client open orders
Gain visibility over the markets with our proprietary technology
View aggregate current buy and sell orders placed by our traders
Benefit from clearly visible support and resistance levels on your charts
With the powerful MT4 trading platform, you can stay ahead and access important information on the go.
Metatrader 4 charts
View open orders and positions directly on your Metatrader 4 app charts.
Frequent updates
Indicator data refresh frequency: 5 minutes (premium) and 20 minutes (standard).
Valuable insights
Access net and cumulative order information and trade using retail pricing sentiment.
Use Expert Advisors
Build and use automated analytical and trading programs to save time.
If you regularly trade USD15m or more each quarter, you could qualify for a complimentary upgrade to the Metatrader 4 open order indicator premium edition. This edition offers an aggregate view of current buy and sell positions placed by OANDA traders, as well as non-cumulative orders. All you need to do is deposit USD10,000 in your account and email your relationship manager once you've hit the volume requirement and your premium indicator will be activated. Terms apply.
Open an account in just a few minutes.
Already have a live trading account? It's easy to fund your account using one of the following payment methods.
OANDA has over 25 years of experience, with smart traders loving our leading tools, powerful forex trading platforms, and transparent pricing. This is combined with MetaTrader 4 which offers real-time price tracking instruments, automated trading systems, stability and accessibility, and a user-friendly interface. Access to both platforms allows you to take advantage of the best tools of each to enhance your trades.
Discover more about the power of OANDA and MetaTrader 4 with the OANDA MT4 user guide.
Three ways to trade, plus MetaTrader 4 and TradingView
Our range of platforms include OANDA Trade web, mobile and tablet, as well as TradingView and MetaTrader 4.
Powerful partner tools and APIs
Identify potential trading opportunities using our powerful analysis tools and partner APIs.
Powerful partners and VPS services
Our partners integrate seamlessly into the OANDA Trade and MT4 trading platforms.