Learn MT4 CFDs Software
The following guides explain how to use the MT4 platform, each tutorial is accompanied by numerous screen shots so as to help traders to understand the concepts described and make it easier to learn about this online cfds trading platform.
Introduction
File
- Opening a Demo Account Procedure
- Open a CFDs Chart
- Opening Offline Chart
- Opening a Deleted Chart
- Saving a Profile
- Login to an Account
- Printing CFDs Charts
View
- Changing Language
- Tool Bars
- Connection Bars
- Charts Bar
- Market Watch
- Data Window
- Navigator
- MT4 Terminal Window
- CFD 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 and CFD 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 MT4 Traders
- Advantages MQL5 Signals
- Signal Seller Advantages
- MQL5 CFDs Expert Advisors
How to Place CFD Technical Indicators
- Accelerator Oscillator
- Accumulation Distribution
- Alligator
- ADX
- Average True Range Indicator
- Awesome Oscillator
- Bears Power
- Bollinger Bands Indicator
- Bulls Power
- Commodity Channel Index
- Demarker
- Force Index
- Fractals
- Gator Oscillator
- Heiken Ashi
- Ichimoku
- MACD
- Market Facilitation Index
- Momentum
- Money Flow Index
- Moving Average Envelopes
- Moving Average Indicator
- Moving Average Oscillator
- On Balance Volume
- Parabolic SAR
- RSI
- RVI
- Standard Deviation
- Stochastic Oscillator Indicator
- Volumes
- Williams Percentage Range
- Zigzag
The MT4 is part of the online cfd market. The MetaTrader 4 software is installed on a client's computer.
The image below shows the user interface of the MetaTrader 4.
MetaTrader 4 cfds software Workspace
According to cfds trading platforms reviews, MetaTrader 4 is the most widely used cfds trading platform. This is because it is easy to learn & can do the following tasks.
The MT4 cfds trading software is installed on a cfd trader's Desktop computer & it is intended to accomplish the following:
- Plot graphical Information about exchange rates in form of a grid/trading chart
- Receive streaming exchange quotes from the cfds trading brokers
- Perform cfd transaction operations: buying and selling
- Show the open cfd transactions & orders within the cfds trading platform workspace
- Perform technical analysis
- Testing of strategies on practice demo cfd accounts
- Coding of custom indicators & Expert Advisors for the purpose of automated cfd.
- Provide statements of transaction history and a summary of profits/losses.
This is a free cfds platform which is provided for by online cfds trading brokers. You can download the platform from online brokers web sites, once you download it, you should then setup and setup the platform on a Desktop PC computer which has an inter net connectivity & then connect to your cfd broker & start receiving streaming quotes.
The MT4 online cfds trading platform which is also known as MT4, is designed to provide technical tools that can be used by CFD traders to make buy or sell decisions. This cfds platform provides online exchange quotes and streaming data about cfd price movement drawn in the form of cfd price charts. This information is delivered directly to the MT4 cfds platform interface. This information that is delivered in form of real time quotes is then interpreted using technical tools that are provided within this online trading platform.
The MetaTrader 4 has different window & chart panels, each designed to deliver a different type of market data, starting with the exchange rate quotes used to draw cfd graphs to the cfd market data panel, tool-bars for attaching technical indicators & the main menu bar used to navigate the platform.
