Forex Rally MT4

The program Forex Rally MT4 is a comprehensive trading application built upon the renowned MetaTrader 4 platform. Its latest version, 4.0.0.1090, provides traders with a robust suite of tools to enhance their trading experience. The software is developed by Forex Rally Limited and is available for free download, making it accessible for most users.

The application, available under the Business category and the Investment-Tools subcategory, offers a wide array of features. These include the ability to receive real-time quotes and news, conduct trade operations, and manage both open positions and pending orders. Technical analysis is made easy with this application, and users can even write their own expert advisors, custom indicators, scripts, and functions using the MetaQuotes Language 4 (MQL4).

The file names associated with this software, particularly terminal.exe, ensure a seamless installation process. Given its compatibility with Windows XP, 7, 8, 10, and 11, users of various operating systems can leverage the powerful capabilities of Forex Rally MT4.

For those interested in trying different iterations of the software, earlier versions like 4.0 are also available, though the latest version is always recommended to benefit from the most up-to-date features and improvements.

Pros

• Free download and installation
• Extensive compatibility with Windows XP/7/8/10/11
• Advanced trading features and technical analysis
• Ability to write custom scripts using MQL4
• Frequent updates from Forex Rally Limited

Cons

• Initially complex interface for beginners
• Requires a solid understanding of trading and technical indicators

In summary, Forex Rally MT4 offers a robust set of features tailored for both novice and experienced traders. The free download option and extensive OS compatibility make it a versatile tool in the investment sphere.

You may want to check out more software, such as ForexTrading-MT4, WForex FX LITE for MT4 or Forex Strategy Builder Professional, which might be similar to Forex Rally MT4.