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Getting Started with MT4 Platform - Learn MT4 Platform - How to Guide for MT4

The following tutorials explain how to use the MT4 platform, each guide is accompanied by numerous screen-shots so as to help traders to understand concepts explained & make it easier to learn about this online trading software.

Intro

File

View

Insert

Charts

Tools

Window Menu

Help Menu

ToolBars

Advanced Topics

How Do I Set Indicators on Charts - How to Guide for MT4

Most popular search is how to save a work-space in MetaTrader 4, or how to save a trading system/template. Before beginning the lesson, screen-shot below portrays how to save a template or a trading system & also how to save a work-space. The button keys are also used to load the chart template on another separate chart. (click on the buttons to get options on your MetaTrader 4 software)

Save a Work Space in MT4, Save a Strategy Template

How to Save Workspace, How Do I Save a Template - Software Tutorials

The MT4 is part of the online forex market. The MT4 software is installed on a client's PC computer.

The image below illustrates the user interface of MT4.

Learn MT4 Platform Lesson - MT4 Tools & Charts - Getting Started with MT4 Platform - MT4 Platform Tutorial

MT4 platform Workspace

According to FX softwares reviews, MetaTrader 4 is the most widely used software. This is because it's easy to learn & can do the following tasks.

The MetaTrader 4 software is installed on a trader's PC computer & it is intended to accomplish the following:

  • Plot graphical Info about the exchange rates in the format of a grid/trading chart
  • Receive streaming exchange quotes from the brokers
  • Perform trade operations: buying & selling of currencies
  • Show the open transactions and orders within the trading platform work-space
  • Perform technical analysis
  • Testing of strategies on practice demo trading accounts
  • Programming of custom indicators & EAs for the purpose of automated fx trading.
  • Provide statements of transaction history & a summary of profits/losses.

The MetaTrader 4 online software which is also known as MetaTrader 4, is designed to provide technical trading tools that can be used by traders to make buy/sell decisions. This platform provides online exchange quotes & streaming data about price movement drawn in the form of price charts. This info is delivered direct to the MT4 platform inter-face. This information that's delivered in form of realtime quotes is then analyzed using technical tools that are provided within this trading software platform.

This is a free platform that's provided for by online brokers. You can download the software from brokers web sites, once you download it, you should then setup & install the platform on a Desktop computer which has an internet connection & then connect to your broker & begin receiving real-time quotes.

The MetaTrader 4 has different window & chart panels, each built to deliver a different type of market data, beginning with the exchange rate quotes used to plot currency graphs to the market data window panel, toolbars for attaching trading indicators & the main menu bar used to navigate the trading platform.

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