Improved MT4 application for Android

MetaQuotes Software has announced the launch of a new update (build 846) of the MetaTrader 4 application for  Android devices.

Market analysis capabilities and security have been improved.

Traders can now access 24 technical analysis chart tools. These include lines, canals, Elliott waves, Gann and Fibonacci tools, and geometric shapes which can be applied to charts and indicator windows.

The second innovation is the OTP (One Time Password) system, which provides additional security for trading accounts. A verification code can be activated by the user, in addition to the login and password, when connecting via a desktop terminal or tablet. The code is generated by the MetaTrader 4 application for Android. To enable the One Time Password, users must link their trading accounts to the password generator.