How to Use MetaTrader 4 Platform
How to Use MT4 Platform
The following tutorials explain how to use the MT4 software, each tutorial is accompanied by numerous screen shots so as to help traders to understand the concepts described & make it easier to learn about this online Bitcoin platform.
Introduction
File
- Opening a Practice Account Procedure
- Open a Bitcoin Chart
- Opening Offline Chart
- Opening a Deleted Chart
- Saving a Profile
- Login to an Account
- Printing Bitcoin Charts
View
- Changing Language
- Tool Bars
- Connection Bars
- Charts Bar
- Market Watch Window
- Data Window
- Navigator Window
- MetaTrader 4 Terminal Window
- Bitcoin Strategy Tester
Insert
- Indicators Insert Menu
- Insert Line Studies
- Placing Channels
- Gann Lines
- Placing Fibonacci Lines
- Insert Shapes
- Placing Arrows
- Insert Andrew's Pitchfork, Cycle Lines, Text Label
Charts
- Indicators List
- Objects List
- Bar Chart
- Line Chart
- Candlesticks
- Time frames - Periodicity
- Saving a Template
- Grid, Volumes, Auto Scroll and Shift
- Zoom in, Zoom Out & Step by Step
- Setting Properties
Tools
- Place New Order
- History Center on Tools Menu
- Options Settings
- MetaEditor Custom Indicators
- MetaEditor Expert Advisors
Window Menu
Help Menu
Toolbars
Advanced Topics
- MQL5 Signals - Copy Top MetaTrader 4 Traders
- Advantages MQL5 Signals
- Signal Seller Advantages
- MQL5 Expert Advisors
How to Place Bitcoin Indicators
- Accelerator Oscillator
- Accumulation Distribution
- Alligator
- ADX
- Average True Range Technical Indicator
- Awesome Oscillator
- Bears Power
- Bollinger Band Technical Indicator
- Bulls Power
- Commodity Channel Index
- Demarker
- Force Index
- Fractals
- Gator Oscillator
- Heiken Ashi
- Ichimoku Kinko Hyo Technical Indicator
- MACD
- Market Facilitation Index
- Momentum
- Money Flow Index
- Moving Average Envelopes
- Moving Average Technical Indicator
- Moving Average Oscillator
- On Balance Volume
- Parabolic SAR
- Relative Strength Index
- Relative Vigor Index
- Standard Deviation
- Stochastic Oscillator Technical Indicator
- Volumes
- Williams Percentage Range
- Zigzag
The most popular search is how to save a work space in MT4, or how to save a system/template. Before starting the tutorial, the image below shows how to save a template or a trading system & also how to save a work space. Same buttons are also used to load the chart template on another separate chart. (click on these buttons to get options on your MT4 software)
How to Save a Work-Space, How to Save a Template
The MT4 is part of the online bitcoin market. The MT4 software is installed on a client's computer.
The screenshot below shows the user inter-face of the MetaTrader 4.
MetaTrader 4 platform Workspace
According to Bitcoin trading platforms reviews, MT4 is the most widely used Bitcoin platform. This is because it's easy to learn & can do the following tasks.
The MT4 software is installed on a trader's PC computer & it is intended to do the following:
- Plot graphical Data about exchange rates in form of a grid/chart
- Receive streaming exchange quotes from the Bitcoin brokers
- Perform trade operations: buying & selling of currencies
- Show the open transactions & orders within the platform workspace
- Perform technical analysis
- Testing of strategies on practice demo accounts
- Programming of custom indicators and Expert-Advisors for the purpose of automated bitcoin trading.
- Provide statements of transaction history & a summary of profits/losses.
The MetaTrader 4 online trading platform which is also referred to as MetaTrader 4, is designed to provide technical tools that can be used by Bitcoin traders to make buy or sell decisions. This bitcoin software provides online quotes and streaming data about price movement plotted in the form of price charts. This information is delivered direct to the MT4 platform interface. This information that is delivered in the form of real time quotes is then interpreted using technical analysis tools that are provided for within this online trading platform.
This is a free Bitcoin platform which is provided for by online Bitcoin brokers. You can download the platform from online brokers websites, once you download it, you should then setup & setup the platform on a Desktop computer that has an internet connectivity and then connect to your broker & begin receiving streaming quotes.
The MT4 has different window & chart panels, each designed to deliver a different type of market information, starting with the exchange rate quotes used to plot bitcoin graphs to the market data window panel, toolbars for attaching indicators & the main menu bar used to navigate the platform.
