How to Use MT4 BTCUSD Platform

How Do I Trade Bitcoin and Use MT4 Learn Bitcoin Software Tutorial?

To start bitcoin trading with MT4 software, you need to follow steps listed below:

Download MetaTrader 4 Bitcoin Software

Setup MT4 Bitcoin Software on Your PC. Open a account on the MT4 software. Log in to the MT4 Bitcoin Account with your cryptocurrency trading account log in details Open Bitcoin Charts and place Bitcoin Trades using the MT4 Bitcoin Software.

Bitcoin Trading Account MT4 Download

After you Download MT4 Bitcoin Software from your bitcoin broker you will then need to open a MT4 Bitcoin Account to trade with.

BTCUSD Open a Practice Demo Account using MT4 Bitcoin Software

Download MetaTrader 4 Bitcoin Software - MT4 Bitcoin Trading Platform.
Setup MT4 BTC USD Crypto Software/Platform.
Open MetaTrader 4 Bitcoin Platform.
Enter the Sign In Details: Account Name & Password for the Practice Demo Account
Open BTC USD CryptoCurrency Charts & begin practice trading.
If you don't have a demo account you as a trader can register for a Demo Account trade account using File menu, Press the New Demo Account Registration and enter your details and sign up for an MT4 account.

Trading Bitcoin Open a Real Account on MetaTrader 4 Platform Software

Download MetaTrader 4 Bitcoin Trading Platform
Setup MT4 Bitcoin Trading Software on your Computer.
Open MetaTrader 4 Bitcoin Trading Software on your Computer.
Click on the File Menu & Select Open an Trading Account.
Choose The Real Trading Account Option.
Fill in the real btcusd crypto account opening form.
Enter you account sign in details for the Demo practice trade account.
Trade Instruments from the free MT4 charts provided.

MT4 Bitcoin Platform Introduction Lesson Guide

The following image below displays the main MT4 software interface. As a beginner bitcoin trader trying to learn how to execute cryptocurrency orders in the online bitcoin market, the main trading tool for trading online bitcoin market is the MetaTrader 4 platform software platform. This is the software which you'll connect to your online bitcoin broker and execute bitcoin trades and monitor your bitcoin trading account balance from the MT4 software.

The MT4 software is provided free through the various different Crypto broker websites. This MT4 software resembles the cryptocurrency example illustrated below:

Learn How to Use MT4 Bitcoin Trading Software Lesson Guide - How Do I Use MetaTrader 4 Software Platform?

How to Use MT4 Software Platform

The Main Areas of this MT4 software as is shown above are:

Navigation Menus
Toolbars
Chart Window Panel
Navigator Window
Market Watch Window
Terminal Window
Connection Bars

For this MT4 tutorial we shall look at a brief introduction for each of these how to use MT4 guides:

1. Navigation Menus

Navigation menus are:

File Menu
View Menu
Insert Menu
Charts Tab
Tools Tab
Window Menu
Help Menu

These are the main navigation menus which can be used to navigate MT4 software. As a btcusd crypto beginner you as a trader can start by clicking on any of the navigation menus to accustom yourself with the various different buttons which are organized as sub-menus within the navigating menus.

These navigation menus will be described in details in the next MT4 tutorial for beginner traders about navigating menus.

2. ToolBars

This how to trade in MT4 explains the toolbars are used to manipulate charts, either by setting indicators, line studies, change bitcoin timeframes and load an MT4 template from a list of saved templates.

The MT4 bitcoin toolbars will be discussed on other how to use MT4 bitcoin trading tutorials that will outline each button key on this tool-bar and how to add & customize these toolbars.

3. Chart Panel

This is the work space area where bitcoin charts are displayed and a btcusd trader can interpret the trend direction of a chart whether up or down, place MT4 indicators on MT4 bitcoin charts for trading analysis and even place and open trade orders from these bitcoin charts.

4. Navigator

Navigator MT4 tutorial will contain information about accounts, whether practice MT4 bitcoin trading account or real MT4 account, this window also will have a listing of all the MT4 indicators as well as EAs and scripts.

One can select and choose which Bitcoin account to log in to by expanding the Accounts menu, choose an indicator by expanding the technical indicator menu or choose & select an Expert Advisor(EA) by expanding the EA menu.

5. MarketWatch

Market watch btcusd MT4 lesson - Market watch panel is used to show realtime quotes for instruments. This window can list as many quotes provided by your Crypto Currency broker or a few that are chosen by a bitcoin trader. To save inter-net band width, right click inside the btcusd market-watch panel window and choose the 'Hide All', so that to hide the instruments that you're not trading & save on internet band width.

6. Terminal

This is the window that is like the bank account trade area for your bitcoin trades, on this panel you as a trader can view your bitcoin trading account balance, bitcoin trading profit and losses statement, bitcoin trading equity, btcusd crypto margin used, also to generate a copy of all your bitcoin trading trade history.

This will also list all open bitcoin trades and calculate all the profit & loss in realtime as the bitcoin instrument moves upwards or downward.

7. Connection Bar

Red bars are for no connectivity, green bars show that there's connectivity to the servers & orders can be set. These connection status bars should always be green when one is logged into their MT4 practice bitcoin account or MT4 live cryptocurrency account.

Main levels form the MT4 Bitcoin Trading Software interface & will be the main levels to be covered in detail in the next learn MT4 software guides. For now it's best to download MT4 software & accustom yourself with the software interface.

Why Bitcoin Platform is Required for Placing BTCUSD Quote Trade trades with Brokers

Bitcoin software is the software which is used to access the btcusd market and analyze these instruments using analysis bitcoin charts. There are various reasons why a trader requires to use a good btcusd crypto platform. A good btcusd crypto software can determine if a as a btc usd trader you earn profit or not.

So why does one need a good BTCUSD Software:

To connect to Server:

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

To analyze bitcoin charts and bitcoin instruments using analysis

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

How Do You Trade Bitcoin and Use MT4 Learn Bitcoin Software Lesson?

How Do You Trade Crypto and Use MT4 Learn Platform Software Guide?

From above MT4 software work space, the summary of all data required by a trader is provided on this MT4 software inter-face

Connection - connection to the broker servers
Charts - price graphs that show btcusd crypto prices
Tool-Bars - toolbars to add analysis tools & analysis technical indicators
Market Watch - for displaying available bitcoin trading instruments
Data panel - provides account information and other indicator data
Exchange rates - shows current market bitcoin crypto price of a bitcoin instrument
Menu bar - Lists all the menu list items on the platform softwares

How Do I Use Crypto MT4 Platform Software Platform Lesson Tutorial - Bitcoin Account MT4 Download

The MT4 Bitcoin Platform Setup Guide - How to Use MetaTrader 4 Learn Bitcoin Platform/Software Guide?

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