MetaTrader 4 Explained: 2025 Features, Latest Update, and Easy Automation Tricks

MetaTrader 4—better known simply as MT4—has been the trader's workhorse for nearly two decades. Even with MetaTrader 5 on the scene, MT4 still powers millions of live accounts thanks to its speed, huge broker network, and unrivalled library of Expert Advisors (EAs). This article walks you through the platform's core features, highlights the February 2025 build 1440 update, and shows how you can bolt on TradingView automation—no coding—using PineXchange's 14-day free trial.

1. Why MT4 is still a favourite in 2025

MT4 advantage What it means for you
Flexible order system 3 execution modes, 2 market orders, 4 pending orders, 2 stop orders plus trailing stop. Precision entries and exits for any strategy.
Lightweight, fast Runs smoothly on modest PCs and older VPS setups. Low overhead, even with multiple charts and EAs.
Giant EA marketplace Thousands of free and paid robots. Quick-start automation without writing code.
2,000+ broker servers worldwide Easy to find competitive spreads and local regulation.
Cross-device trading Desktop, web, iOS, Android. Manage positions anywhere, anytime.

2. What's new in build 1440 (February 21, 2025)

MetaQuotes quietly shipped build 1440 with security hardening, crash-fixes and general stability improvements.

Tip: MT4 auto-updates when you restart the terminal. Check Help → About to confirm you're on the latest build.

3. Power features every MT4 trader should try

  • One-Click Trading – activate in Options → Trade to place orders straight from the chart.
  • Depth of Market (DoM) – see real bid/ask liquidity for scalping.
  • Strategy Tester – back-test EAs against years of tick data before risking live funds.
  • Algorithmic Trading – write robots in MQL4 or rent ready-made bots from the built-in Market.
  • Web terminal – trade directly in your browser when you're away from your desktop.

4. Automate MT4 with TradingView alerts (no coding)

Great charts live in TradingView; great execution happens in MT4. PineXchange stitches them together:

  1. Create a Link Key inside PineXchange (copy your License ID and Link Key).
  2. Set a TradingView webhook alert and paste the PineXchange endpoint plus the ready-made JSON template provided on the Link Keys page.
  3. Attach the PineXchange EA to any MT4 chart, paste the same keys, and enable trading.

Total setup time: under 5 minutes. Every future TradingView alert now lands in MT4 automatically—perfect for hands-free scalping or overnight swing trades. Try it free for 14 days on the pricing page.

5. MT4 on mobile & web: trade anywhere

  • Android & iOS apps give you full order control, 30 indicators, and push-alert support.
  • Web terminal runs in any modern browser—no installation required.

6. Choosing an MT4 broker in 2025

  • Execution speed – look for average fill times < 50 ms.
  • Server location – pick a broker with servers near your VPS or ISP.
  • Regulation & fund safety – FCA, ASIC, CySEC or your local regulator.
  • Account types – raw-spread vs. commission-free, micro lots for testing.
  • Third-party bridges allowed – confirm PineXchange traffic isn't blocked.

7. Frequently asked questions

Is MetaTrader 4 being phased out?

No. While MetaQuotes focuses new features on MT5, it continues to release MT4 security and stability updates (most recently build 1440).

Does MT4 support stocks and crypto?

Yes—brokers can offer any CFD instrument, not just forex. Some now stream exchange-level Time & Sales data.

Can I run multiple EAs on one account?

Absolutely—use separate chart windows or unique Magic Numbers to avoid trade conflicts.

Is PineXchange compatible with MT4 mobile?

Yes. PineXchange routes the order to your desktop MT4; you can then manage or close it from the mobile app.

What happens when my PineXchange trial ends?

Automation pauses, but your settings remain saved. Upgrade to resume trading without re-configuring anything.

8. Ready to turbo-charge your MT4?

MetaTrader 4 gives you robust execution; TradingView gives you unbeatable charting. PineXchange connects them in minutes. Start your free 14-day trial today, fire your first alert, and watch the trade drop straight into MT4—hands-free.

Start Free Trial