The How to Tutorial for MT4 Software Platform

How to Setup MT4 BTCUSD Platform Tutorial

This MT4 software step by step guide will explain how to tutorials for MT4 software.

How to Setup MetaTrader 4

To set up the MT4 software: first, download the MT5 executable setup file, then execute the setup and follow the on-screen instructions for MT4.

How to Sign In to MetaTrader 4 Software Platform

To trade with MT4 Bitcoin Platform you'll need to first of all enter bitcoin account details & particulars - the MT4 software will prompt you to enter you bitcoin account details & particulars & you can use enter your bitcoin account login details by clicking the File tab on the MT5 platform software on the top left corner of MT4 software, then choose and select the Login to Trade Account option and then enter your bitcoin account details & particulars - bitcoin Practice account details & particulars for Meta Trader 5 bitcoin practice account and bitcoin live account details & particulars for MT4 real bitcoin account.

How to Open a Instrument on MT4 Platform

To open a trading instrument, access the MT4 Market Watch Window, select your desired instrument, and double-click on it to display the corresponding Bitcoin price chart.

You can also click the button to add instruments not already on the list at the bottom of the MT4 Market Watch Window.

How to Open a Bitcoin Trade on MT4 Platform Software

To open a bitcoin trade in the MT4 software right click within the bitcoin chart and choose the New Order Widow to open a buy/sell trade.

One can also open the New Order window on the MT5 platform software by clicking the MT4 short cut key - "F9", bitcoin crypto traders can press 'F9' to open the New Order panel.

Within the MT4 New Order section, a trader has the option to initiate a bitcoin buy or sell order. They can do this by selecting "Buy by Market" to start a buy order, or "Sell by Market" to begin a sell order. In this new order window for bitcoin, individuals can also decide the bitcoin volume they want to trade.

How to Open Buy Trade on the MT4

To initiate a long position for Bitcoin, access the New Order dialogue box within the MT5 Software by activating the F9 shortcut, input the desired volume (lot size) for the BTCUSD cryptocurrency trade, and finalize the trade by clicking the Buy by Market button on the MT5 Platform.

How to Open a Sell Trade in MetaTrader 4 Platform Software

To sell Bitcoin, open the New Order in MT5 with F9. Set your BTCUSD lot size. Click Sell by Market. That starts your sell trade on the platform.

How to Close a Bitcoin Trade in the MT4

To see open bitcoin trades in the MT4 window, hit CTRL+T. Pick the bitcoin trade you want to close. Click the Close Order button. A window pops up to confirm. Hit the yellow Close button to finish in the MT4 program.

How to Set Take Profit on MT4 Platform Software

The TP Zone can be configured when opening a fresh Bitcoin transaction on the MT4 platform. The New Order window within MT4 includes a field labeled TakeProfit: this is the location where a trader specifies the target profit level for their open Bitcoin trade.

TP Zone also can be set when adjusting an open bitcoin trade, to modify & set take profit for an open bitcoin trade - right click in the trade that you want to modify in the MT4 Terminal Window or on the Bitcoin chart, Select Modify Order, Choose TakeProfit & set the Take-Profit Level you as a trader want for your open bitcoin trade position.

How to Set StopLoss in the MT4 Platform

In MT4, a stop loss level can be established when opening a new Bitcoin trade. The New Order window includes a field for specifying the stop loss level for your Bitcoin trade.

To set or change your stop loss on an open Bitcoin trade, right-click the trade in the MT4 Terminal or directly on the Bitcoin chart. Click “Modify Order,” pick the Stop Loss field, and set your level. This keeps your BTC/USD position safer and helps you manage risk.

How Do You Place a Pending Order on MetaTrader 4 Platform

To put in a bitcoin order that waits, open the New Order Window on the MT4 software, and then change the btcusd crypto order from Market Execution Order to Pending Order.

BTC USD Crypto traders are then able to pick and choose the bitcoin order that's waiting to happen which they want to set: these orders include buy limit, buy stop, sell limit, sell stop.

MT5 Software Training Guide and Course

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