How to Use MetaTrader 4 Platform
How to Use MetaTrader 4 Platform
The following guides explain how to use the MT4 software, each tutorial is accompanied by numerous screen shots so as to help traders to understand concepts explained & make it easier to learn about this online Gold platform.
Introduction
File
- Opening a Demo Account Procedure
- Open a Gold Chart
- Opening Offline Chart
- Opening a Deleted Chart
- Saving a Profile
- Login to an Account
- Printing Gold Charts
View
- Changing Language
- Tool Bars
- Connection Bars
- Charts Bar
- Market Watch Window
- Data Window
- Navigator Window
- MT4 Terminal Window
- Gold 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 & 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 Expert Advisors
How to Place Gold Indicators
- Accelerator Oscillator
- Accumulation Distribution
- Alligator
- ADX
- Average True Range Indicator
- Awesome Oscillator
- Bears Power
- Bollinger Band Indicator
- Bulls Power
- Commodity Channel Index
- Demarker
- Force Index
- Fractals
- Gator Oscillator
- Heiken Ashi
- Ichimoku Kinko Hyo Indicator
- MACD
- Market Facilitation Index
- Momentum
- Money Flow Index
- Moving Average Envelopes
- Moving Average Indicator
- Moving Average Oscillator
- On Balance Volume
- Parabolic SAR
- Relative Strength Index
- Relative Vigor Index
- Standard Deviation
- Stochastic Oscillator Indicator
- Volumes
- Williams Percentage Range
- Zigzag
Most popular search is how to save a work space in MetaTrader 4, or how to save a system/template. Before starting the guide, the screen shot below shows how to save a template or a trading system & also how to save a work space. Same buttons are also used to load the chart template on another separate chart. (click on these button keys to get options on your MetaTrader 4 software)
How to Save a Work Space, How to Save a Template
The MetaTrader 4 is part of the online gold market. The MetaTrader 4 software is installed on a client's computer.
The screenshot below shows the user interface of MetaTrader 4.
MetaTrader 4 platform Workspace
According to Gold trading platforms reviews, MetaTrader 4 is the most widely used Gold platform. This is because it is easy to learn and can do the following tasks.
The MetaTrader 4 platform is installed on a trader's Desktop computer PC & it is intended to accomplish the following:
- Plot graphical Information about exchange rates in form of a grid/chart
- Receive streaming exchange quotes from the Gold brokers
- Perform trade operations: buying and selling of currencies
- Show the open transactions and orders within the platform workspace
- Perform technical analysis
- Testing of strategies on practice practice accounts
- Coding of custom indicators & Expert Advisors for the purpose of automated gold trading.
- Provide statements of transaction history & a summary of profits/losses.
The MT4 online trading platform which is also referred to as MT4, is designed to provide technical tools that can be used by Gold traders to make buy or sell decisions. This gold platform provides online quotes and streaming data about price movement plotted in the form of price charts. This information is delivered direct to the MT4 platform interface. This information that is delivered in form of real-time quotes is then analyzed using technical tools which are provided within this online trading platform.
This is a free Gold platform that's provided for by online Gold brokers. You can download the platform from online brokers sites, once you download it, you should then setup and setup the platform on a Desktop computer which has an inter net connectivity & then connect to your broker and start receiving streaming quotes.
The MetaTrader 4 has different window and chart panels, each designed to deliver a different type of market data, starting with the exchange rate quotes used to plot gold graphs to the market data panel, toolbars for attaching technical indicators and the main menu bar used to navigate the platform.
