The MT4 software provides various advanced technical analysis tools, custom indicators and supports automatic trading using EA programs.
The MetaEditor function allows you to create, test, and apply your own EAs and maintain them using the MQL4 programming language. You can easily create your strategy and automatically trade through the EA program. You can also use the historical MT4/MT5 data to test your strategy.
In addition, the MT4/MT5 comes with the MetaTrader market, which provides over 1700 trading programs and 2100+ technical analysis indicators. You can purchase these services at a monthly or annual fee and apply them to your simulated or real accounts.