Trade Bitcoin Trading

MetaTrader 4 Navigator Panel

The Navigator window within MetaTrader 4 is primarily purposed for facilitating navigation through the most frequently accessed components of the MT4 software. These areas include:

  1. Accounts: Demo & Real Accounts
  2. Indicators
  3. EAs: A listing of automated trading bots within this MT4 software
  4. Custom Indicators:
  5. Scripts: Scripts are used to execute some tasks in the MT4

    Exploring the MT4 Navigator Window - A Tutorial on Using the Navigator Window in MT4 Software

    As a trader, select the Navigator Button. The navigator window opens in your MT4.

    MT4 Navigator Window - Accounts Indicators EAs for BTCUSD

    MT4 Navigator

    The first option in the Navigator menu is the Accounts tab. You can access this tab by clicking on the expand button marked with a plus sign, which will display a list of your saved trading accounts. Whenever you log in with a different account, the information will be stored under this "Accounts Tab."

    Double-click any account to log in and access it. Switch between accounts using the BTCUSD accounts tab.

    The example illustrated below illustrates two trading accounts recorded under this tab, a demo bitcoin trading account marked as a green cartoon and a Real account labeled & marked as a bitcoin cartoon. From this bitcoin accounts tab, a btc usd trader can switch between any of these two accounts by double clicking on any one of them.

    MT4 Navigator for EAs, Indicators, Demo and Live Accounts in Bitcoin Trading

    Indicators, Expert Advisors, Custom Indicators & Scripts

    1. Indicators
    2. EAs: A listing of automated trading bots within this MT4 software
    3. Custom Trading Indicators:
    4. Scripts: Scripts are used to execute some tasks in the MT4

    The concepts discussed above are visually represented below in the screen-shot examples. To view and access supplementary choices under each category, traders should select the expanding plus sign ("+ button"): this action reveals more settings. To conceal these details, simply click the minus sign (" - button"). The "Expert Advisors" entry has been expanded for demonstration purposes.

    Differentiating Between Demo and Live Accounts in MetaTrader 4 - Using the Crypto MT4 Navigator Window documentation

    These tutorials get more detail later. This quick overview covers each one for now.

    Indicators: Technical Indicators are tools for technical analysis used in trading and placed on a Crypto Currency chart: these tools are used to create signals to buy and sell bitcoin.

    EAs act as auto bots. They create buy and sell signals for crypto trades. These bots run on programs built with MQ4 code.

    Custom Indicators refer to indicators you have either modified or downloaded from the internet and installed in your MT4 software: these will be displayed as "custom technical indicators" in the application.

    Scripts: This is a function used to perform and carry out a certain task, e.g. if you open five trades & want to close-out all of them at once you can attach a "script close" in your trading chart therefore closing all open positions at once (However, you as a bitcoin trader need to set-up some parameters on MetaTrader platform to allow scripts execution trading, that is a lesson for later.)

    The Navigator panel gets heavy use in trading. Press Ctrl+N on your keyboard to show or hide it.

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    Bitcoin Broker