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MT4 Navigator Panel - MetaTrader 4 Software Tutorial

The MetaTrader 4 Navigator panel is mainly used to navigate the most widely used areas of MT4 software. These levels are:

  1. Accounts: Demo & Live Accounts
  2. Indicators
  3. Expert Advisors: A list of automated robots within this MetaTrader 4 software
  4. Custom Trading Indicators:
  5. Scripts: Scripts are used to execute some tasks in MT4


MT4 Navigator Window on MT4 - What is MT4 Navigator Window? - MT4 Navigator Window on MT4 Example Explained

As a trader once you have selected the Navigator Button the following navigator window will appear on your MT4.

MT4 Accounts, MT4 Indicators and MT4 Automated EAs in MetaTrader 4 Navigator Window

Accounts Menu - MT4 Navigator

First menu option on the Navigator listing is the Accounts tab. To view trading accounts tab, you as a trader can click expand button (marked & labeled as +), and a listing of your saved accounts will pop up. Every time you login with a new account the login credentials will be saved under this 'Accounts Tab'.

By double-clicking on any account you can activate the login and login to that trading account. You can switch from one account to the other using this trading accounts tab.

The exemplification laid-out below shows two accounts recorded under this tab, a practice demo trade account labeled and marked as a green cartoon and a Real trading account labeled & marked as a xauusd cartoon. From this trading accounts tab, a forex trader can switch between any of these 2 accounts by doubleclicking on any one of them.

Expert Advisors, Indicator List and Demo Account and Live Account Navigator - MT4 Navigator Window on MT4 Example Explained

Indicators, Expert Advisors, Custom Trading Indicators and Scripts - MT4 Navigation Menu

  1. Indicators
  2. Expert Advisors: A listing of automated bots within this MetaTrader 4 platform/software
  3. Custom Trading Indicators:
  4. Scripts: Scripts are used to execute some tasks on MT4

The above are illustrated below on the screen-shot, to view and get more options under each of these, traders click the expand(+) button "+ button", this will show more options, to hide, just click the "- button" . For exemplification the 'Expert Advisors' option below has been expanded.

Demo Account and Real Account on MT4 Software - What is MT4 Navigator Window?

These tutorials will be covered & discussed in more details and particulars later, but for now as a trader the following brief explanation about each will do.

Indicators: Indicators are analysis tools used in trading & placed on chart, these tools are used to generate buy & sell signals.

Expert Advisors: Automated robots that are used to place trades by generating buy & sell signal mechanically by using programs which are programmed using the MQL4 programming language.

Custom Trading Indicators: A custom indicator includes an indicator that you have modified or downloaded from the inter net and then installed it in your MT4 platform software, this technical indicator will be listed here as a 'custom indicator'

Scripts: This is a function used to perform and carry out a certain task, for examples if you open five trades & want to close all of them at once you can attach a 'script close' on your trading chart therefore closing all open trades at once (However, you need to set up some parameters on the MetaTrader platform to allow for scripts execution trading, that's a lesson for later.)

Navigator will be one of your commonly used panel window when trading, to access it using a shortcut, press 'Ctrl+N' button on your key board to display or hide it.

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