MT4 Platform - MetaTrader 4 Platforms - MT4 (MetaTrader 4) - MT4 Brokers
MT4 Platform Analysis - MT4 Indicators
The following tutorials explain how to use the MetaTrader 4 software, each tutorial is accompanied by numerous screen-shots so as to help traders to understand concepts explained & make it easier to learn about this online Forex platform.
Intro
File
- Registering a Practice Account Procedure
- Open a Chart
- Opening Offline Chart
- Opening a Deleted Chart
- Saving a Profile
- Log In to an Trading Account
- Printing Charts
View
- Change Language
- ToolBars
- Connectivity Bars
- Charts Bar
- Market Watch Window
- Data Window
- Navigator Window
- MetaTrader 4 Terminal Window
- Forex 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 Listing
- Bar Chart
- Line Chart
- Candlesticks
- 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 in Tools Menu
- Options Settings
- Meta Editor Custom Trading Indicators
- Meta Editor EAs
Window Menu
Help Menu
ToolBars
Advanced Topics
How Do I Set Forex Indicators
- Accelerator Oscillator Trading Indicator
- Ac Dc
- Alligator
- ADX
- Average True Range Technical Indicator
- Awesome Oscillator Technical Indicator
- Bears Power
- Bollinger Bands
- Bulls Power
- Commodity Channel Index
- Demarker
- Force Index Indicator
- Fractals Trading Indicator
- Gator Oscillator Trading Indicator
- Heiken Ashi
- Ichimoku Kinko Hyo Trading Indicator
- MACD
- Market Facilitation Index Indicator
- Momentum Trading Indicator
- Money Flow Index Indicator
- MA Envelopes Trading Indicator
- Moving Average Indicator
- Moving Average Oscillator
- OBV
- Parabolic SAR
- RSI
- Relative Vigor Index Indicator
- Standard Deviation
- Stochastic Trading Indicator
- Volumes Trading Indicator
- Williams % Range
- Zigzag Technical Indicator
Most popular search is how to save a workspace in MT4, or how to save trade system/template. Before beginning the lesson, screenshot below highlights how to save a template or a system & also how to save a work-space. Same buttons are also used to load the chart template on another separate chart. (click on the buttons to get options on your Meta Trader 4)
How to Save a Work-Space, How to Save a Template
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 the MT4.
MT4 software Work Space
According to softwares reviews, MetaTrader 4 is the most widely used trading platform. This is because it's easy to learn & can do the following tasks.
The MetaTrader 4 software is installed on a trader's Desktop computer & it is 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 trading platform work-space
- Perform technical analysis
- Testing of strategies on practice demo trading accounts
- Coding of custom indicators and Expert Advisors for the purpose of automated trading.
- Provide statements of transaction history and a summary of profits & losses.
The MT4 online trading software which is also known as MT4, is designed to provide technical trading tools that can be used by 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 MetaTrader 4 software inter-face. This information that's delivered in form of realtime quotes is then analyzed using technical tools which 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 trading 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 and then connect to your broker and begin receiving realtime 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, tool-bars for attaching technical indicators & the main menu bar used to navigate the trading platform.
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