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MetaTrader 4 Software - MetaTrader 4 Software Platforms - MetaTrader 4 (MetaTrader 4) - MetaTrader 4 Brokers

MetaTrader 4 Software Analysis - MT4 Indicators

The following courses explain how to use the MT4 platform, each tutorial is accompanied by numerous screenshots so as to help traders to understand concepts explained and make it easier to learn about this online Forex platform.

Intro

File

View

Insert

Charts

Tools

Window Menu

Help Menu

Toolbars

Advanced Topics

How Do I Set Forex Indicators

Most popular search is how to save a workspace in MT4, or how to save trade system/template. Before beginning the lesson, screen shot below highlights how to save a template or a system and also how to save a work-space. Same buttons are also used to load the trading template on another separate chart. (click on the buttons to get options on your Meta Trader 4)

MetaTrader 4 Softwares

How to Save a Work-Space, How to Save a Template

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

The image below illustrates the user interface of the MT4.

How to Use MT4 Platform Software for Beginner Traders - MetaTrader 4 Software Platforms

MetaTrader 4 platform Work-Space

According to softwares reviews, MT4 is the most widely used trading platform. This is because it's easy to learn and can do the following tasks.

The MT4 platform is installed on a trader's Desktop computer and it's intended to accomplish the following:

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

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

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

The MT4 has different window and 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 panel, toolbars for attaching indicators & the main menu bar used to navigate the trading platform.

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