Meta Trader 4 Data Window - MetaTrader 4 Software Tutorial
MT4 Data window panel shows information about a currency pair, for a specified candlestick period. For example the charts below, shows how to choose data window from view menu options.(Ctrl+D is shortcut key for displaying the data panel without having to access it from the view menu)
Data Window - MetaTrader 4 Platform
Once the info panel is chosen it will display, the following information about a forex pair.
The following information for a currency pair is shown:
- Currency Pair
- Date
- Time
- Open Price
- High
- Low
- Close Price
- Volume
This data will show information for a particular candlestick, by scrolling your mouse over the candlesticks on a trading chart this info will change to reflect the market price candlestick that the mouse has pointed at.
The data window isn't popularly used in the MT4 Software as compared to the other MetaTrader 4 chart windows. However as a fx trader you can use this data panel to extract & display information & data about any price candle & the prices associated with this candlestick such as the opening price info, closing price data & high & low of price.
Because most traders can obtain this data directly from the charts, then the traders may prefer to use information that is readily available on chart within the MetaTrader 4 platform software inter-face.
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 down and hold down the wheel mouse button and the Cross-Hair will then appear. If your mouse doesn't have a wheel button, please go and buy another one so that you can trade the MT4 cross hair. And from the Cross-Hair a forex trader can get the price data as illustrated below.
Cross Hair Tool - MT4 Software
From the Cross-Hair above the vertical line will show information on the date for the current candlestick, the horizontal line will show price of the currency at that particular point on the chart. For the above example of EURUSD chart you can see that the date is 2013.10.31 4:00GMT and the Price of the Currency is 1.37248 for the selected point. The Open, High, Low, Close & Volume as well as Date is Shown Just below the Charts tab at the bottom of the MetaTrader 4 Software, Marked as O: H: L: C: V: therefore the cross hair is a shortcut method of viewing data instead of going to the Data Window of the MT4
One 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 MT4 Software as Shown below.
Using Cross-Hair Tool to Measure Pip Price Movement
Cross Hair Data Tool on MetaTrader 4 Platform Software
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