Commodity MT4 Download
The following MT4 Commodity Trading Platform screen shot below shows Metaquotes MT4 Commodity Trading Platform. As a beginner trader trying to learn how to trade the commodities trading market - the first you will need to learn is How to Use MT4 Commodity Platform - How to Trade Commodities Trading on MT4 Software - How to Trade Commodities Trading on MT4 Platform - How to Use MT4 Commodity Trading Platform Tutorial Course: Commodity MetaTrader 4 Download. MT4 Commodity Trading Platform is the commodity trading platform software that you will use to connect to your online commodity broker with & execute commodity trade transactions & monitor your commodity trading account balance.
The MT4 is provided for free byMT4 commodity brokers. Commodity Trading Tutorial MT4 - This MT4 commodities trading platform trading software looks like the commodities trading example shown below:
Main Areas of this MetaTrader 4 Commodity Trading Platform as described above are:
- Navigation Menus
- Toolbars
- Chart Window
- Navigator
- Market Watch
- Terminal
- Connection Bars
Commodity Trading Tutorial MT4 - How to Use MT4 Commodity Trading Platform Guide Tutorial:
1. Navigation Menus
The navigation menus are:
- File
- View
- Insert
- Charts
- Tools
- Window
- Help
These are the main MT4 navigation menus that can be used to navigate the MetaTrader 4 platform.
These navigation menus will be discussed in details in the next How to Use MT4 Commodity Platform Tutorial about navigation menus.
2. Tool-Bars
The MT4 tool bars are used to place commodity trading tools on commodity charts, commodities traders can place indicators in MT4 commodity charts, place line studies in MT4 commodity charts, change commodities trading chart time frames and load a saved MT4 template from a list of saved templates.
These MetaTrader 4 tool bars will be discussed on other How to Use MT4 Commodity Platform Guides which will outline each button on each MT4 toolbar and explain how to add & customize these tool bars on MT4 software.
3. Chart Window Panel
This is the main MT4 commodities trading platform area where commodities trading charts are displayed and a trader can analyze the commodity trend direction of a commodity chart whether up or down, place commodity indicators for technical analysis & even place orders from these commodity charts.
4. Navigator
Navigator panel will contain information about commodities accounts, whether practice commodity trading account or real account, this window will also have a list of all the MT4 technical indicators as well as EAs and scripts.
A trader can select which commodities account to login by expanding the Accounts menu, select an technical indicator by expanding the technical indicator menu or chose an EA by expanding the Expert Advisor menu.
5. Market Watch
Market watch is used to show streaming commodities quotes for commodity. This Market Watch window can list as many commodities quotes provided by your commodity broker or a few selected by a trader.
6. Terminal
This is the window panel that is like the commodity trading account transaction area for your commodity trade transactions, on this window panel you can view your balance, profit and losses statement, equity, margin used also retrieve a copy of all your commodity trade transactions history.
This will also list all open commodity trading transactions and calculate all the profit and loss in real-time as the commodity prices move upwards or downward.
7. Connection Bar
Red bars are for no connectivity, green bars show that there's connectivity to the servers & commodity trade orders can be set. These connectivity bars should always be green when a trader is logged into their practice commodity trading account or live commodities trading account.
These main areas form the MT4 interface and will be the main areas to be covered in detail in the next How to Use MT4 Commodity Trading Platform Tutorial. For now it is best to download MT4 commodities trading platform and familiarize yourself with the MT4 commodities platform interface.
Why Commodity Trading Software Platform is Required for Placing Commodity Trade Transactions with Brokers
Commodity platform is software that's used to access the commodities market & interpret these commodity price movements using technical analysis commodity indicators & tools. There are various reasons why one requires to use a good commodity trading platform. A good commodity software can determine if a as a trader you make a profit or not.
So why does a trader need a good platform:
To connect to the Trading Server:
To place a commodity trading order one needs to use a commodity software which will connect to the trading servers of their commodities trading broker & allow them to open & close trading orders. Good commodity trading platforms will connect with ease to the brokers' servers & allow commodities traders to place commodity orders at any time from desktop computer PC.
To analyze commodity charts using technical analysis technical indicators
To open a buy or sell order one needs to first interpret the direction of commodity. This is why all good commodity platforms provide commodity technical analysis tools such as commodity price charts, commodities trading technical indicators & various different chart time-frames from which trader can analyze commodity price moves using the commodities chart time frames of their choice.
From the above MT4 Commodity Platform interface, the summary of all data required by a trader is provided on this MT4 Commodity Trading Platform interface
- Connection - connection to the broker servers
- Charts - commodity price graphs that display commodity prices
- Tool-bars - toolbars to add commodity tools & commodity technical analysis technical indicators
- Market Watch - for displaying available financial instruments
- Data window panel - provides commodity trading account information and other indicator data
- Exchange rates - shows current market commodity price
- Menu bar - Shows all menu items on the MT4 Platform
