MT4 Market Watch Window for Currencies on MetaTrader 4
The market watch window panel on MT4 is used to display an array of Forex quotes for currency pairs. To access this display of currency pairs on the MT4 a trader should go to view menu as shown and illustrated below and select Market Watch Window by Clicking on it. (The Ctrl+M is short cut for accessing this window as shown & illustrated below, by pressing this shortcut, you can enable market watch window without going to the 'view' menu)
Market Watch Window
Once a trader selects the market watch window, the following window panel will pop-up showing a list of Forex pairs available for trading.
As a trader you may also want to trade a currency pair that is not listed on this list. For example on the above list only 5 currency pairs are displayed. To get other symbols which are not listed, you can right click inside this market watch window as shown & illustrated below & following window pop up will appear.
To show list of other symbols, choose 'Show All' button, this will then show all available pairs.
To Save Internet Bandwidth, (Especially if you're using mobile trader, or pay per MB internet)
To save bandwidth select a list of all the currency pairs you will be trading, say example, ten pairs, after selecting these, then tap and click 'Hide All' button, this will hide all the pairs which you do not need to trade & will save you a great deal of net bandwidth.
Even if you don't want to save band width, you can select the option to 'Hide All', this will save computer processor resources and RAM, especially for brokers who provide hundreds of currencies and financial instruments, there is no need to have all these 100 or 200 financial instruments streaming on your trading software after all you need only about 10 streaming quotes or a few financial instruments to trade. You can always 'Show All'>>> Select a new pair by opening a chart, >>> Then hide all, your newly selected ones will be added on this minimized list.
Other Market Watch Options
Shown Below is an explanation of each market watch window panel, Download MetaTrader 4 and click the buttons below to get an illustration of the explanations made below.
Symbols Options - Symbols option can be used to also add or hide a pair based on a group of currencies. You can download MT4 and click symbols to see how you can add or remove currency pairs using this option.
Sets - A set of grouped currency pairs, eg majors or crosses
High/Low - Displays high & low of the day next to the quote
Time - Displays the current time of day next to the quote
Auto Arrange - Automatically arrange according to the selected order
Grid - Add or Remove Grid on Price Quotes
Popup Prices - Show prices as a Pop Up Window within the MT4 Platform.
