Learn How to Use MT4 Platform Lesson

How Do I Use BTCUSD Crypto MT4 Learn Platform Tutorial Guide?

To start bitcoin with the Meta Trader 4 platform, you need to follow the steps listed below:

Download MT4 Platform

Install MetaTrader 4 Platform on Your PC. Open a btcusd account on the Meta Trader 4 platform. Log in to the MT4 Account with your bitcoin account sign in details Open Charts and place Bitcoin Crypto Trades using the Meta Trader 4 Platform.

Trading Bitcoin Crypto Open a MT4 Account

After you Download MetaTrader 4 Platform from your bitcoin broker you'll then need to open a MetaTrader 4 Account to trade with.

Trading Bitcoin Crypto Open a Demo Account using MT4 Platform

Download the Meta Trader 4 Platform - MetaTrader 4 Platform.
Install MetaTrader 4 Platform.
Open MetaTrader 4 Platform.
Enter the Log in Details: Account Name and Password for the Demo Trade Account
Open Charts & begin practice trading.
If you don't have a bitcoin practice account you can sign-up for a Demo Practice Account trade account using the File menu, Click New Practice Account Registration and enter your details & sign up for an Meta Trader 4 btcusd account.

Trading Bitcoin Crypto Open a Real Account on MetaTrader 4

Download MetaTrader 4 Platform
Install MetaTrader 4 Platform on your PC Computer.
Open MetaTrader 4 Platform on your PC Computer.
Click on the File Menu & Choose Open an Account.
Select The Real Account Option.
Fill in the real bitcoin account opening form.
Enter you bitcoin account log in details for the Demo practice account.
Trade Crypto Instruments from the free MT4 bitcoin charts provided.

Trading Bitcoin Crypto Start Trading on MT4 Platform

The following screenshot below shows the main MetaTrader 4 software inter-face. As a beginner trying to learn how to execute bitcoin orders in the online bitcoin market, the main tool for trading the online bitcoin market is the MetaTrader 4 platform software. This is the software that you'll connect to your online btcusd broker & execute bitcoin trade transactions & monitor your bitcoin account balance from this bitcoin MetaTrader 4 software software.

The Meta Trader 4 platform is provided for free through the various broker sites. This MetaTrader 4 platform looks like the bitcoin example depicted and described below:

Learn How to Use MT4 Bitcoin Platform Guide - Learn How Do I Use MT4 BTCUSD Platform Guide?

Learn How to Use Meta Trader 4 Platform Guide - Learn How to Use MetaTrader 4 Platform Guide - How to Use MT4 Platform

Main Areas of this MetaTrader 4 platform as displayed above are:

Navigation Menus
Tool Bars
Chart Window
Navigator Window
Market Watch Window
Terminal Window
Connection Bars

For this MetaTrader 4 tutorial we shall look at a brief introduction for each of these how to use MetaTrader 4 guides:

1. Navigation Menus

The navigation menus are:

File
View
Insert
Charts
Tools
Window
Help

These are main navigation menus that can be used to navigate the MetaTrader 4 platform. As a bitcoin beginner you can begin by just clicking any of these navigation menus to familiarize yourself with various buttons that are arranged as sub menus within these navigation menus.

These navigation menus will be highlighteddiscussed in details in the next MetaTrader 4 tutorial for bitcoin novice traders about navigation menus.

2. Tool-Bars

This how to trade on MetaTrader 4 explains the tool bars are used to manipulate charts, either by placing indicators, line studies, change bitcoin chart timeframes & load an Meta Trader 4 template from a list of saved templates.

These Meta Trader 4 bitcoin tool-bars will be discussed on other how to use Meta Trader 4 bitcoin tutorials which will outline each button key on this tool bar & how to add & customize these tool bars.

3. Chart Panel

This is the main area where btcusd charts are displayed and one can analyze the trend direction of a bitcoin chart whether up or down, place MT4 indicators on MT4 bitcoin charts for technical analysis & even place orders from these btcusd charts.

4. Navigator

Navigator MT4 tutorial will contain information about bitcoin accounts, whether practice Meta Trader 4 bitcoin account or real MT4 bitcoin account, this window will also have a list of all the MT4 indicators as well as trading Expert Advisors & scripts.

A trader can choose which Bitcoin Crypto account to login to by expanding the Accounts menu, choose an indicator by expanding the indicator menu or choose an Expert Advisor by expanding the Expert Advisor menu.

5. Market Watch

Market watch bitcoin Meta Trader 4 guide - Market watch window panel is used to show streaming quotes for bitcoin. This panel can list as many quotes provided by your Bitcoin broker or a few that are chooseed by a trader. To save internet band-width, rightclick inside the bitcoin market watch window & select "Hide All", so as to hide the instruments that you're not trading and save on internet band width.

6. Terminal

This is the panel that's like the bank account trade area for your bitcoin trade transactions, on this window you can view your bitcoin account balance, bitcoin profit & losses statement, bitcoin equity, bitcoin margin used also retrieve a copy of all your bitcoin transactions history.

This will also list all open bitcoin trade transactions & calculate all the profit & loss in realtime as the crypto instruments move up or downward.

7. Connection Bar

Red bars are for no connectivity, green bars show that there is connection to the servers & bitcoin trade orders can be placed. These connection bars should always be green when one is logged into their MT4 demo bitcoin account or MetaTrader 4 live btcusd account.

These main areas form the MT4 Platform interface and will be the main areas to be covered in detail in next learn bitcoin MetaTrader 4 software guides. For now it's best to download MetaTrader 4 platform & familiarize yourself with the software interface.

Why Platform is Required for Placing BTCUSD Cryptocurrency Quote Trade trade transactions with Brokers

Btcusd software is the software that is used to access the bitcoin market & analyze these crypto instruments using technical analysis bitcoin charts. There are various reasons why a trader requires to use a good bitcoin platform. A good bitcoin platform can determine if a as a trader you make a profit or not.

So why does one need a good Bitcoin platform:

To connect to the Server:

To open order a trader needs to use a bitcoin platform which will connect to the servers of their broker & allow them to open and close orders. Good bitcoin platforms will connect with ease to the brokers' servers & allow btcusd traders to place orders at any time from desktop computer PC.

To analyze btcusd charts and instruments using technical analysis

To place a buy or sell bitcoin order one needs to first interpret the direction of bitcoin. This is why all good bitcoin platforms provide technical bitcoin tools such as btcusd price charts, indicators & various different chart time frames from which a trader can analyze btcusd price moves using chart timeframes of their choice.

BTCUSD MT4 Learn Bitcoin Platform Guide - Learn How Do I Use MetaTrader 4 Bitcoin Platform Guide?

How Do I Use BTCUSD Crypto MT4 Learn Platform Guide?

From the above Meta Trader 4 platform inter-face, the summary of all information required by a trader is provided on this MetaTrader 4 software interface

Connection - connectivity to the broker servers
Charts - price graphs which show btcusd prices
Tool bars - toolbars to add technical analysis tools & technical analysis technical indicators
Market Watch - for displaying available crypto instruments
Data window panel - provides account data and other indicator data
Exchange rates - shows current market btcusd price of a bitcoin instrument
Menu bar - Shows all menu items on the platforms

How Do I Use MT4 Platform Tutorial Guide - Account MetaTrader 4 Download