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Meta Trader 4 Data Window - MetaTrader 4 Software Tutorial

MetaTrader 4 Data window shows information about a currency pair, for a specified candlestick period. For exemplification the charts below, shows how to choose and select data window from view menu options.(Ctrl+D is shortcut key for displaying the data panel without having to go to the view menu)

Data Window - MetaTrader 4 Platform

MT4 Software PDF - How Do I Use MetaTrader 4 Data Window Tutorial? - What is MT4 Data Window?

Once the relevant info panel has been accessed and chosen, it will reveal the following data pertinent to a forex pair.

Price Data Window High, Low, Open and Close Price on MT4 Platform - MetaTrader 4 Data Window - How to Use MetaTrader 4 Data Window PDF

The following information for a currency pair is shown:

  1. Currency Pair
  2. Date
  3. Time
  4. Open Price
  5. High
  6. Low
  7. Close Price
  8. Volume

This data covers a specific candle. Hover your mouse over chart candlesticks to update the info for the one you select.

The data window is not as widely used in the MetaTrader 4 Platform as other MetaTrader 4 chart windows. However, as a currency trader, you can use this data panel to take out and show details about any price candle, like the opening price, closing price, and high and low prices.

Since FX traders can access this data directly from their charts, they often prefer relying on the readily available information within the MetaTrader 4 interface.

Another method to get this data is to use the Cross-Hair Mouse Pointer, To get the Cross Hair Mouse Pointer one only requires to press downward and hold downwards the wheel mouse button and the Cross-Hair will then appear. If your mouse does not have a wheel button, please go and purchase another one so that as you can trade the MT4 cross hair. And from the Cross-Hair a forex trader can get the price data just as is shown below.

Cross Hair Tool - MetaTrader 4 Software

MetaTrader 4 Cross Hair Pointer on MetaTrader 4 Charts - What is MT4 Data Window?

Utilizing the Cross-Hair tool positioned above the chart, the vertical line will display the date corresponding to the specific candlestick being examined, while the horizontal line indicates the currency's price level at that precise chart point. Referring to the EURUSD chart example above, one can observe that the date is 2013.10.31 4:00GMT and the Currency Price at the selected location is 1.37248. The Open, High, Low, Close, Volume data, along with the Date, are also presented directly beneath the Charts tab at the bottom of the MetaTrader 4 software interface, labeled as O: H: L: C: V:. Therefore, the cross-hair acts as a shortcut for data retrieval, eliminating the need to access the Data Panel Window within MT4.

A trader can even click one point, hold down the mouse and move the mouse to another chart level to measure the pip movement of price from point to a point on the charts in the MetaTrader 4 Software as Shown Below.

Using Cross-Hair Tool to Measure Pip Price Movement

Using Cross Hair Tool in MetaTrader 4 Platform Software to Measure Pip Price Movement - MetaTrader 4 Data Window - Data Window MT4 PDF

MT4 Crosshair Tool for Data Insights

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