How to Use MT4 Platform Software
How to Use MT4 Platform Software
The following lessons explain how to use the MetaTrader 4 software, each tutorial is accompanied by numerous screen shots so as to help traders to understand concepts explained and make it easier to learn about this trading software.
Intro
File
- Registering a Demo Practice Trading Account Procedure
- Open a Chart
- Opening Offline Chart
- Opening a Deleted Chart
- Saving a Profile
- Log in to an Account
- Printing Charts
View
- Change Language
- ToolBars
- Connectivity Bars
- Charts Bar
- Market Watch Window
- Data Window
- Navigator Window
- MT4 Terminal Window
- Gold Simulator Strategies Tester
Insert
- Indicators Insert Menu
- Insert Line Studies
- Placing Channels
- Gann Lines
- Placing Fib Lines
- Insert Shapes
- Placing Arrows
- Insert Andrew's Pitch-fork, Cycle Lines, Text Label
Charts
- Indicators List
- Objects List
- Bar Chart
- Line Chart
- Candlesticks
- Time Frames - Periodicity
- Saving a Template
- Grid, Volumes, Auto Scroll & Shift
- Zoom in, Zoom Out and Step-by-Step
- Setting Chart Properties
Tools
- Open New Trade Order
- History Center on the Tools Menu
- Options Settings
- Meta-Editor Custom Technical Indicators
- Meta-Editor Automated Expert Advisors
Window Menu
Help Menu
Tool Bars
Advanced Guides
- MQ5 Signals - Copy Top MetaTrader 4 Traders
- Benefits MQL5.com Signals
- Signal Seller Advantages
- MQL5 Automated EAs
How Do I Set Technical Indicators
- Accelerator Oscillator
- AD Trading Indicator
- Alligator Technical Indicator
- ADX
- ATR Indicator
- Awesome Oscillator Technical Indicator
- Bears Power Technical Indicator
- Bollinger Band Indicator
- Bulls Power Technical Indicator
- Commodity Channel Index
- Demarker Technical Indicator
- Force Index
- Fractals
- Gator Oscillator
- Heikin Ashi
- Ichimoku Kinko Hyo Indicator
- MACD
- Market Facilitation Index
- Momentum Technical Indicator
- Money Flow Index
- MA Envelopes
- Moving Average Indicator
- MA Oscillator
- OBV
- Parabolic SAR
- RSI
- Relative Vigor Index
- Standard Deviation
- Stochastic Technical Indicator
- Volumes
- Williams Percentage Range
- Zigzag Trading Indicator
Most popular search is how to save a work space in MetaTrader 4, or how to save a trade system/template. Before starting the guide, the screen shot below displays how to save a template or a trading system & also how to save a workspace. Same buttons are also used to load the chart template on another separate chart. (click on these button keys to get options in your MT4 software)
How to Save Work Space, How to Save Template
The MetaTrader 4 is part of the online gold market. The MT4 software is installed on a client's computer.
The screenshot below illustrates the user work-space of MT4.
MetaTrader 4 Work Space
According to platforms reviews, MT4 is the most widely used platform. This is because it is easy to learn and can do the following tasks.
The MT4 software is installed on a trader's PC Desktop computer and it's intended to accomplish the following:
- Plot graphical Data about exchange rates in form of a grid/trading chart
- Receive streaming exchange quotes from the brokers
- Perform trade operations: buying & selling of currencies
- Show the open transactions & orders within the trading software work-space
- Perform trading analysis
- Testing of strategies on practice practice trade accounts
- Programming of custom technical indicators and Automated EAs for the purpose of automated gold trading.
- Provide statements of transaction history & a summary of profits & losses.
The MetaTrader 4 online trading platform which is also known as MetaTrader 4, is made to provide trading tools which can be used by traders to make buy/sell decisions. This gold platform provides quotes & streaming information about price movement drawn in the format of price charts. This information is delivered direct to the MT4 inter-face. 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 platformsoftware platform which is provided by online brokers. You can download the trading platform from online brokers websites, once you download it, you should then setup & set-up the trading platform on a PC computer which has an internet connection & then connect to your broker and begin receiving live quotes.
The MetaTrader 4 has different window & chart panels, each made to deliver a different type of market data, beginning with the exchange rate quotes used to plot gold graphs to the market info panel, toolbars for attaching trading indicators & the main menu bar used to navigate the trading software.
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