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 platform.
Intro
File
- Registering a Practice Demo Account Procedure
- Open a Chart
- Opening Offline Chart
- Opening a Deleted Chart
- Saving a Profile
- Log In to an Account
- Printing Charts
View
- Change Language
- Toolbars
- Connectivity Bars
- Charts Bar
- Market-Watch Window
- Data Window
- Navigator Window
- MetaTrader 4 Terminal Window
- Forex Simulator Strategy Tester
Insert
- Indicators Insert Menu
- Insert Line Studies
- Placing Channels
- Gann Lines Indicator
- Placing Fib Lines
- Insert Shapes
- Placing Arrows
- Insert Andrew's Pitchfork, Cycle Lines, Text Label
Charts
- Indicators List
- Objects List
- Bar Chart
- Line Chart
- Candle-sticks
- Timeframes - Periodicity
- Saving a Template
- Grid, Volumes, Auto Scroll & Shift
- Zoom in, Zoom Out & Step by Step
- Setting Chart Properties
Tools
- Open New Trade Order
- History Center on the Tools Menu
- Options Settings
- Meta Editor Custom Indicators
- Meta Editor Expert-Advisors
Window Menu
Help Menu
Toolbars
Advanced Topics
How Do I Set Indicators on Charts - How to Guide for MT4
- Accelerator Oscillator Indicator
- AD Indicator
- Alligator Indicator
- ADX
- ATR Indicator
- Awesome Oscillator Indicator
- Bears Power Indicator
- Bollinger Band Indicator
- Bulls Power Indicator
- Commodity Channel Index
- Demarker Indicator
- Force Index Indicator
- Fractals Indicator
- Gator Oscillator Indicator
- Heiken Ashi
- Ichimoku Kinko Hyo Indicator
- MACD
- Market Facilitation Index Indicator
- Momentum Indicator
- Money Flow Index Indicator
- MA Envelopes Indicator
- MA Indicator
- MA Oscillator
- OBV
- Parabolic SAR
- RSI
- RVI Indicator
- Standard Deviation
- Stochastic Indicator
- Volumes Indicator
- William's % Range
- Zigzag Indicator
Most popular search is how to save a work space in MetaTrader 4, or how to save a 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 MT4 software)
How to Save a Work-Space, How Do I Save a Template - Software Tutorials
The MetaTrader 4 is part of the online forex market. The MetaTrader 4 software is installed on a client's Desktop computer.
The image below shows the user interface of MT4.
MT4 platform Work-Space
According to Forex softwares reviews, MetaTrader 4 is the most widely used platform. This is because it's easy to learn & can do the following tasks.
The MT4 platform is installed on a trader's Desktop computer and it is intended to accomplish the following:
- Plot graphical Information about exchange rates in the form of a grid/chart
- Receive streaming exchange quotes from the brokers
- Perform trade operations: buying & selling of currencies
- Show the open transactions & orders within the platform workspace
- Perform technical analysis
- Testing of strategies on practice demo accounts
- Programming of custom indicators & Expert-Advisors for the purpose of automated forex trading.
- Provide statements of transaction history & a summary of profits/losses.
The MT4 online software which is also referred to as MetaTrader 4, is designed to provide technical trading tools that can be used by traders to make buy or sell decisions. This platform provides online exchange quotes & streaming data about price movement plotted in the form of price charts. This information is delivered direct to the MetaTrader 4 platform inter-face. This information that's delivered in form of realtime quotes is then analyzed using technical tools which are provided within this online 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 and chart panels, each designed to deliver a different type of market info, beginning with the exchange rate quotes used to plot currency graphs to the market data panel window, tool-bars for attaching indicators and the main menu bar used to navigate the software.
