Best Platform iPad
Platforms for iPad - the Best Platform iPad is the MT4 software. This is Platforms for iPad of the most common software which's used by almost every other trader as well as by almost every online broker.
In this tutorial we shall explain the MetaTrader 4 Interface so that beginners wanting to begin learning this Best Platform iPad, can then start from this learn MT4 tutorial.
Best Platform iPad - MetaTrader 4 Workspace
Form the above image of the this platform there are several toolbars as well as chart window.
You can download this Best Platform iPad from your broker's site. Now after you download it, then you will need to know one or two things about this platform:
The first thing is how to install this platform after you download. For example if you download the MetaTrader 4, you will need to go to a broker first, register for a practice trading account then after you register for a practice trade account you will be provided with a link where to download the MT4 Platform Software.
Once you download this trading software, assuming you do not know much about PC computers, Open your Web Browser >>> Go to tools at top-left corner of your web browser next to 'file', 'edit', 'view' menus click on the tools, choose download folder place, (short-cut: once you open your web browser click on CTRL+J or CTRL+ Y), a download popup will appear with links to downloaded items. Choose the MetaTrader 4 software that you have just downloaded.
Best Platform iPad
To install this platform software after you have downloaded, open the download from where it is that you downloaded, from there an installation pop up wizard appears & all you've to do is to follow the setup instructions. After setup the trading platform will run automatically like any other software. Read guide How to install MT4 software. This platform is easy to install and this is another reason why this platform software is the Best Platform iPad.
You can open the MetaTrader 4 from the begin menu>>> Programs or from the desktop short cut which pops up as a desktop icon marked MetaTrader 4 after installation.
Practice Demo Account Sign Up & Login
To open a trading account on MT4 just click on 'file' & then on open an account, to log in to an account just click on 'file' at the top right corner and click sign in from the drop-down menu which appears.
Once yousign in to the MetaTrader 4 software you'll get access to charts and other technical analysis tools such as indicators that you will then use to place trades within the market while connected to your broker's servers.
Platform Menu Bar and Tool-Bars
Menu Bar in MT4 for Navigating within the Trading Platform - Best platform
Menu bar is used to operate and navigate this platform from single panel. From this panel you can set how to view toolbars, chart, data window and even use the file tab to open a account - and also log in to your trading account. This menu bar makes this platform easy to operate and this is also why this is the Best Platform iPad for beginner traders.
From the menu bar you can click on view tab and select chart tool-bars like in the above pictured image, these menu toolbars can be used to setup trading charts, indicators, time frames, and others things like drawing trend-lines & Fib retracement zones & Fibo extension levels. To learn how to customize this platform navigate to this MetaTrader 4 Course Section.
Now that we have looked at the tool bar and menu bar, we shall look at the main workspace inter-face of the MetaTrader 4 platform.
Best Online Platform - MT4 Best Platform iPad
Market Watch window - This panel is used to show a stream of the exchange rates that's obtained from your broker. In this market watch window you can right click anywhere on this panel to select show all gold or hide the ones you are not interested in and save some bandwidth at the same time. No need to have prices for 50 gold if you are only interested in 4 gold. This make this software easy to use with any inter-net connection another reason why this is the Best Platform iPad.
Data Window - Used to setup Indicators, Expert Advisors and scripts, you can click any of this menu sub items & expand/collapse the indicators or EAs used for automated gold.
XAUUSD Charts Panel - This is where the price moves will be plotted.
Gold Charts Tab - Navigation from one xauusd to another is easy, just flip through the charts tab as shown above.
Terminal Window - This panel is used to display a statement of your trade transactions, profits & loses that you have made in your real account or demo trading account. To enlarge this panel and view open trade transactions, just hover the mouse on the terminal tool-bar til the cursor changes, click & hold down mouse button and then move cursor upwards.
Connection bars - These are used to show connection to net, red bars mean no net connectivity, green bars show there's internet connectivity.
Exchange Rates Graph - this displays the exchange rates for the xauusd that you're trading so as to display if the exchange rate is going upwards or downwards.
Why MT4 is The Best Platform iPad
In the online market there are many softwares available around the internet. But among the top platforms the Best Platform iPad is the MetaTrader 4 Platform Software, it is the best software because of following reasons:
Low Bandwidth Internet Connection Requirement
Not everyone can afford the best online internet connection, the T1, the satellite, ADSL or Fiber Optic internet connection: furthermore, these aren't freely available to some residential areas & might be limited to office buildings. This is why it is best to choose a software which requires the minimum band-width, the MT4 software. Even with the best internet connection, sometimes the internet connection might not be available and you may need to use an alternative connectivity like the dial up or modem. MT4 is the least expensive if you are on a modem. To even reduce further the inter-net band width usage navigate to market-watch (Short-cut press CTRL+M), RightClick on any gold instrument, Choose 'Hide all', now the trading platform will only stream the price quotes for the pairs you only need & conserve your inter net bandwidth even further. Especially when using a mobile phone or i Pad or a Tablet where you're paying for phone credit doing this can save your internet data credit. This is one of reason why the MetaTrader 4 is considered as one of the Best Platform online.
The easier it's to connect the easier it's open & close trade transactions on time.
Provided by all Online Brokers
Another reason why this platform is considered as one of the Best Platform iPad is because MetaTrader 4 is liked by most traders all brokers provide it. Once as a learns the MetaTrader 4 software there is no need to re-learn when you switch to another broker. You can still use the same MT4 of the new broker without the need to learn a new platform all over again.
Easy Technical Analysis
Other thingthat makes this the Best Platform iPad is the ease with which you can set up the technical analysis indicators on the charts. Even those using various web traders will do their technical analysis in the MT4 chart & then place their orders on their webtrader.
Technical analysis traders also can install custom indicators on this software, making it easier to add more technical analysis tools on to this software. Others also install Expert-Advisors on this platform so as to trade automatically with these programs referred to as Expert-Advisor Bots.
Best Charts
The MT4 has the Best Platform iPad charts representations available & implements many chart timeframes from which a investor can select.
Simplicity
Overall the simplicity of this software and the fact that any investor can learn how to use MetaTrader 4 within one hour makes this the Best Platform iPad for new and experienced traders.
