Getting Started with MetaTrader 4 Software - Learn MT4 Platform Software - How to Guide for MT4
The following tutorials explain how to use the MT4 platform, each guide is accompanied by many screen shots in order and so as to help traders to understand concepts explained & make it easier to learn this online trading software.
Intro
File
- Registering a Practice Account Procedure
- Open a Chart
- Opening Offline Chart
- How to Open a Deleted Chart
- Saving a Profile
- Log In to an Trading Account
- Printing Charts on MetaTrader 4 Software
View
- Change Language
- ToolBars
- Connectivity Bars
- Charts Bar
- Market Watch Window
- Data Panel
- Navigator Window
- MetaTrader 4 Terminal Window Panel
- FX Simulator Strategy Tester
Insert
- Indicators Insert Menu
- Insert Line Studies
- Placing and Adding Channels
- Gann Lines Trading Indicator
- Placing Fib Lines
- Insert Shapes
- Placing and Adding Arrows
- Insert Andrews Pitch Fork, Cycle Lines, Text Label
Charts
- Indicators Listing
- Objects List
- Bar Chart
- Line Chart
- Candles
- Timeframes - Periodicity
- Saving a Template
- Grid, Volumes, Auto Scroll & Shift
- Zoom in, Zoom Out and Step by Step
- Setting Chart Properties
Tools
- Open New Trade Order
- History Center on the Tools Menu
- Options Settings
- Meta Editor Custom Trading Indicators
- Meta Editor Expert-Advisors
Window Menu
Help Menu
ToolBars
Advanced Topics
- MQ5 Signals - Copy Top MT4 Traders
- Benefits MQL5 Signals
- Signal Seller Advantages
- MQL5 Expert Advisor EAs
How Do I Set Indicators on Charts - How to Guide for MT4
- Accelerator Oscillator Technical Indicator
- AD Indicator
- Alligator Technical Indicator
- ADX
- ATR Trading Indicator
- Awesome Oscillator Trading Indicator
- Bears Power Technical Indicator
- Bollinger Band Indicator
- Bulls Power Technical Indicator
- Commodity Channel Index (CCI)
- Demarker Trading Indicator
- Force Index Indicator
- Fractals Trading Indicator
- Gator Oscillator Technical Indicator
- Heikin Ashi
- Ichimoku Indicator
- MACD
- Market Facilitation Index Trade Indicator
- Momentum Indicator
- Money Flow Index Technical Indicator
- MA Envelopes Indicator
- Moving Average Indicator
- MA Oscillator
- OBV
- Parabolic SAR
- RSI
- RVI Trading Indicator
- Standard Deviation
- Stochastic Trading Indicator
- Volumes Trading Indicator
- Williams % Range
- Zigzag Technical Indicator
Most popular search is how to save a work-space in MetaTrader 4, or how to save a trading system/template. Prior to 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 trading chart template onto another different chart. (click on the buttons to get options on your MT4 platform/software)
How to Save Workspace, How Do You 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.
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's intended to accomplish the following:
- Plot graphical Info about the exchange rates in the format of a grid/trading chart
- Receive and Get streaming exchange quotes from the brokers
- Perform trade operations: buying & selling of currencies
- Show the open trade positions and orders within the trading platform work-space
- Perform technical analysis
- Testing of strategies on practice 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 which can be used by the 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 real-time quotes is then analyzed using technical tools that are provided within this trading software.
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, starting 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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