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Learn MT4 XAUUSD Software

The following tutorials explain how to use the MetaTrader 4 gold platform, each tutorial is accompanied by numerous screen shots so as to help traders to understand the concepts explained and make it easier to learn about this online xauusd trading platform.


Introduction



File




View



Insert



Charts



Tools



Window Menu




Help Menu




Tool Bars



Advanced Topics





Broker


How To Place Gold Indicators




The MT4 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 the MT4.

MT4 Tools and Charts

MT4 gold trading platform Workspace



According to xauusd trading platforms reviews, MetaTrader 4 is the most widely used xauusd trading platform. This is because it is easy to learn and can do the following tasks.


The MetaTrader 4 xauusd trading software is installed on a xauusd trader's computer and it is intended to do the following:


  • Plot graphical Information about exchange rates in the form of a grid/chart

  • Receive streaming exchange quotes from the xauusd brokers

  • Perform xauusd transaction operations: buying and selling

  • Show the open xauusd transactions and orders within the xauusd trading platform workspace

  • Perform technical analysis

  • Testing of strategies on practice demo xauusd accounts

  • Programming of custom indicators and Expert Advisors for the purpose of automated xauusd.

  • Provide statements of transaction history and a summary of profits/losses.




This is a free xauusd trading software that is provided for by online xauusd brokers. You can download the platform from online brokers websites, once you download it, you should then install the platform on a computer that has an internet connection and then connect to your xauusd broker and start receiving streaming quotes.


The MetaTrader 4 online xauusd trading platform which is also known as MT4, is designed to provide technical tools that can be used by XAUUSD traders to make buy or sell decisions. This xauusd trading platform provides online exchange quotes and streaming data about gold price movement drawn in the form of gold price charts. This information is delivered directly to the MetaTrader 4 gold platform interface. This information that is delivered in the form of real time quotes is then analyzed using the technical tools provided for within this online trading platform.


The MetaTrader 4 has different windows and chart panels, each designed to deliver a different type of market information, starting with the exchange rate quotes used to draw xauusd graphs to the xauusd market data window, tool bars for attaching technical indicators and the main menu bar used to navigate the platform.

 

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