Eightcap
Trading tools · Regulation checked: September 2026
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Eightcap offers four trading platforms: TradingView, MetaTrader 4, MetaTrader 5 and TradeLocker. You can also use technical indicators, Expert Advisors (EAs), charting tools and risk-management features to analyse markets and manage trades.
This guide explains how to use these Eightcap trading tools, from setting up charts and indicators to using automated trading features and managing trade risk. Before exploring the tools, see our Eightcap review for the broker’s regulation, safety and key checks.
What trading tools does Eightcap offer?
Eightcap gives traders four main platforms to choose from: TradingView, MetaTrader 4, MetaTrader 5 and TradeLocker. Alongside these platforms, you can use indicators, charting tools, Expert Advisors (EAs) and features for managing trade risk.
Here’s what’s available:
TradingView
100+ INDICATORS
TradingView: 100+ indicators, charting tools and strategy-testing features.
MetaTrader 4
30+ INDICATORS
MetaTrader 4: 30 built-in indicators, interactive charts and support for EAs.
MetaTrader 5
38+ INDICATORS
MetaTrader 5: 38 built-in indicators, 21 timeframes, EAs and a built-in economic calendar.
TradeLocker
100+ INDICATORS
TradeLocker: 100+ customisable indicators, chart-based trading and a risk calculator.
Risk tools: Stop-loss and take-profit features are available for managing trades.
Demo account: You can practise using the platforms and their tools before trading with real money.
These tools can support analysis, execution and risk management, but they do not guarantee a particular trading result.
How to choose the right Eightcap trading platform
The right platform depends on the tools and features you want to use. Here is a simple way to narrow down the options:
MT4: A straightforward choice if you want a familiar platform with built-in indicators and support for Expert Advisors (EAs). Eightcap lists nine timeframes and 30 built-in indicators for MT4.
MT5: Useful if you want more timeframes and a wider range of built-in analysis tools. Eightcap lists 21 timeframes and 38 indicators on its MT5 page.
TradingView: Useful if charting, drawing tools and community-built indicators are important to you. Eightcap’s TradingView page also supports Pine Script for creating custom tools.
TradeLocker: Useful if you prefer browser-based access and chart-based trading. Eightcap lists 15 timeframes, 100+ indicators and unlimited symbols for TradeLocker.
| Eightcap platforms at a glance | |||
|---|---|---|---|
| Platform | Indicators | Timeframes | Automation / custom tools |
| MetaTrader 4 | 30 built-in | 9 | Expert Advisors |
| MetaTrader 5 | 38 built-in | 21 | Expert Advisors |
| TradingView | 100+ | Not stated | Pine Script custom tools |
| TradeLocker | 100+ customisable | 15 | Risk calculator |
Think about the type of analysis and trading features you use most, then choose the platform that fits those needs.
How to use Eightcap on TradingView
TradingView is useful if you prefer to analyse markets directly from detailed charts. To get started, create an Eightcap account and select TradingView as your platform. Then log in to TradingView, open a chart and select Eightcap from the Trading Panel. Once connected, you can use TradingView’s charts, indicators and drawing tools, then place trades from the chart.
How to use Eightcap on MetaTrader 4
MT4 is suited to traders who want a familiar platform with built-in indicators and Expert Advisors. After opening an Eightcap MT4 account, log in to the MT4 platform using your trading account details.
From there, you can select markets through the Market Watch, open a chart, add indicators and use the order window to place trades. Eightcap also supports EAs on MT4 for automated strategies.
How to use Eightcap on MetaTrader 5
MT5 follows a similar setup to MT4 but offers more timeframes and built-in analysis features. Once your Eightcap MT5 account is set up, log in to MT5, choose a market from the platform’s market list and open its chart.
You can then add indicators, change timeframes, analyse price movements and place orders from the trading interface. MT5 also supports Expert Advisors for automated strategies.
How to use TradeLocker with Eightcap
TradeLocker is designed around chart-based trading, so much of the analysis and order management can be handled from the chart. Create an Eightcap account and select TradeLocker as your preferred platform. Eightcap then sends your TradeLocker login details by email.
Log in through the TradeLocker website or app, choose a market and use the chart to add indicators, manage risk and place trades. Eightcap also provides a risk calculator for setting stop-loss and take-profit levels.
How to use indicators for market analysis
Indicators make charts easier to read by showing things like momentum and trends. They are analysis tools, not guarantees of what happens next.
RSI
RSI shows how strong recent price movements have been on a scale from 0 to 100. Traders often watch levels above 70 as potentially overbought and below 30 as potentially oversold. These levels are usually considered alongside the wider market rather than used on their own.
MACD
MACD helps traders look at changes in momentum and trend direction. Traders commonly compare the MACD line with its signal line and watch how both move around the zero line.
Moving averages
A moving average smooths out price movements, making the broader trend easier to see. Shorter moving averages react faster to price changes, while longer ones give a slower view of the trend.
Fibonacci retracement
Fibonacci levels are drawn between a high and a low on a chart to identify areas where price could potentially pause or react during a pullback. Common levels include 23.6%, 38.2%, 50%, and 61.8%.
These tools are best understood as ways to add context to a chart. They do not predict future price movements or guarantee a particular trading outcome.
How to use Expert Advisors and automated trading
Expert Advisors, or EAs, are programs that can automate trading rules on platforms such as MT4 and MT5. Instead of placing every order manually, an EA can follow preset conditions, such as when to open or close a trade.
With Eightcap, EAs are supported on both MT4 and MT5. You can install an EA, set its parameters, and let it follow the rules you have chosen. Before using one on a live account, it is worth testing how it behaves in different market conditions. Automation does not turn a weak strategy into a profitable one.
An EA simply follows the rules it has been given, which means a poorly designed strategy can still produce poor results. Other risks include over-optimising an EA to past market data and leaving automated trading running without monitoring it. The main benefit of an EA is automation of a defined process, not a guarantee of better trading results.
How to use charts and technical analysis tools
Charts make it easier to see how prices move and spot trends. Eightcap lets you choose different chart types, timeframes, drawing tools and indicators for your analysis.
Chart types: Candlestick charts show the open, high, low and close for each period. Heikin Ashi and Renko charts display price movements in a different way.
Timeframes: Shorter timeframes show more detail on recent price movements, while longer timeframes give you a broader view of the market.
Drawing tools: Trendlines and other drawing tools can help you mark important price levels, trends and areas you want to watch.
Custom indicators: TradingView lets you use community-built indicators or create your own with Pine Script, giving you more flexibility in how you study a chart.
Backtesting: Strategy-testing tools let you apply trading rules to historical market data to see how they performed in the past. This does not mean the same results will happen in the future.
Eightcap risk management tools and features
Risk-management tools help traders manage positions and control their exposure. They can help manage risk, but they cannot remove the risk of loss.
Stop-loss
Closes a trade when the market reaches a chosen price, helping limit the potential loss on that position.
Take-profit
Closes a trade when the market reaches a chosen price target.
Trailing stop
Adjusts the stop level as the market moves in the chosen direction, keeping it at a set distance from the current price.
Margin and position-size calculatorsHelp traders work out the margin needed for a position and understand the position size before placing a trade.
Hedging
A risk-management technique that uses another position to offset some or all of the exposure from an existing position.
How to practise using Eightcap tools on a demo account
Eightcap’s demo account lets you practise using its platforms, charts, indicators and other tools without using real money. It can help you get familiar with how the platforms work before moving to a live account.
You can practise placing orders, adding indicators, changing timeframes, using charting tools and testing EAs. Our Eightcap demo account guide explains how the demo works and what you can practise.
Are Eightcap trading tools suitable for beginners?
Yes, the tools are accessible to beginners, and the demo account gives you a way to practise them first. However, easy-to-use tools do not make trading risk-free. Eightcap provides the tools, but trading outcomes depend on how they are used and losses are still possible.
Conclusion
Eightcap offers four platforms with a broad range of charts, indicators, automated trading features and risk-management tools. These tools are available to both beginners and more experienced traders, but having access to them does not guarantee a particular result. Trading still carries a risk of loss.
Pro Tip
Start with one or two Eightcap tools on the demo and learn them well before adding more. Tools support your decisions, but they do not replace them.
Frequently Asked Questions
1. What trading tools does Eightcap offer?
Eightcap offers TradingView, MT4, MT5 and TradeLocker, along with indicators, charting tools, Expert Advisors and risk-management features.
2. How do I use Eightcap trading tools?
Choose your preferred platform, open a market chart and use the available indicators, drawing tools and trading features. You can practise these tools with an Eightcap demo account.
3. Which Eightcap platform is best for beginners?
It depends on the tools you want to use. MT4 offers a familiar setup, while TradingView focuses on charting and indicators. A demo account can help you explore the options.
4. Does Eightcap offer technical indicators?
Yes, Eightcap platforms provide built-in indicators, while TradingView also supports community-built and custom indicators.
5. Can I use Expert Advisors with Eightcap?
Yes, Eightcap supports Expert Advisors on MT4 and MT5 for automating preset trading rules.
6. Can I use TradingView tools with Eightcap?
Yes, you can connect Eightcap to TradingView and use its charts, indicators, drawing tools and other analysis features.
7. Does Eightcap support automated trading?
Yes, automated trading is available through Expert Advisors on MT4 and MT5. Automation follows the rules programmed into the EA and does not remove trading risk.
8. Can I use Eightcap trading tools with a demo account?
Yes, the demo account lets you practise using platforms, charts, indicators and other tools without using real money.
9. Which Eightcap platform is best for technical analysis?
All four platforms provide technical-analysis tools. TradingView focuses on charting and custom indicators, while MT4 and MT5 provide built-in indicators and charting features. TradeLocker also offers 100+ customizable indicators and chart-based trading.
10. Does Eightcap offer risk management tools?
Yes, depending on the platform, you can use features such as stop-loss, take-profit, trailing stops and risk calculators to manage trade exposure.
11. Can I use MT4 and MT5 tools with Eightcap?
Yes, Eightcap supports both MT4 and MT5, including their charting, indicators and Expert Advisor features.
12. What is the difference between Eightcap TradingView, MT4 and MT5?
TradingView focuses on charting, indicators and custom tools. MT4 provides built-in indicators and EA support, while MT5 offers more timeframes and additional analysis features.
