What is MT4 Platform in Forex Trading?
MT4 Platform or MT4 platform is an online forex trading software that is commonly used by online forex traders. MetaQuotes MT4 software is provided by online forex brokers to traders - traders can download this MT4 platform from their forex broker website for free.
How Do I Start Trading on MetaTrader 4?
To begin trading in the MetaTrader 4 platform you will need to follow the step below:
Demo Account
How Do I Trade Forex Trading on MetaTrader 4? - How Do I trade in MT4 Software?
- Download MetaTrader 4 Forex Platform
- Setup MetaTrader 4 Forex Platform on your PC.
- Open the MetaTrader 4 Forex Trading Platform on your PC.
- Click on the File Menu and Select Open an MetaTrader 4 Account
- Select the MT4 Demo Trading Account Option
- Fill in MT4 demo account opening form
- Enter you MetaTrader 4 account login details for the Demo practice account - Select Demo Account Servers
- Trade Currencies from the free MT4 charts provided
Real Account Trading
How Do I open real account in MetaTrader 4? - How to Open MT4 Real Account
- Download MetaTrader 4 Forex Platform
- Setup MetaTrader 4 Forex Platform on your PC.
- Open the MetaTrader 4 Forex Trading Platform on your PC.
- Click on the File Menu and Select Open an MetaTrader 4 Account
- Select the MT4 Real Trading Account Option
- Fill in MT4 real account signup forms
- Enter you MetaTrader 4 account login details for the Real account - Select Real Account Servers
- Trade Currencies from the free MT4 charts provided
How Do I use Forex MT4 Platform?
Learn Forex Guide for MT4 Platform
Getting Started with MT4 Platform - Learn MetaTrader 4 Software
The following tutorials explain how to use the MT4 platform, 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.
How Do I Trade on MT4? - How Do I Start Forex Trading on MetaTrader 4?
How to Use MT4 - How to Use MT4 Forex Platform Tutorials for Beginner Traders
Introduction
File
- Opening a Practice Account Procedure
- Open a Chart
- Opening Offline Chart
- Opening a Deleted Chart
- Saving a Profile
- Login to an Account
- Printing Forex Charts
View
- Changing Language
- Tool Bars
- Connection Bars
- Charts Bar
- Market Watch Window
- Data Window
- Navigator Window
- MT4 Terminal Window
- Strategy Tester
Insert
- Indicators Insert Menu
- Insert Line Studies
- Placing Channels
- Gann Lines
- Placing Fibonacci Lines
- Insert Shapes
- Placing Arrows
- Insert Andrew's Pitchfork, Cycle Lines, Text Label
Charts
- Indicators List
- Objects List
- Bar Chart
- Line Chart
- Candlesticks
- Time frames - Periodicity
- Saving a Template
- Grid, Volumes, Auto Scroll and Shift
- Zoom in, Zoom Out and Step by Step
- Setting Properties
Tools
- Place New Order
- History Center on Tools Menu
- Options Settings
- MetaEditor Custom Indicators
- MetaEditor Expert Advisors
Window Menu
Help Menu
Tool-Bars
Advanced Topics
- MQL5 Signals - Copy Top MetaTrader 4 Traders
- Advantages MQL5 Signals
- Signal Seller Advantages
- MQL5 Expert Advisors
How to Place Forex Indicators
- Accelerator Oscillator
- Accumulation Distribution
- Alligator
- ADX
- Average True Range Indicator
- Awesome Oscillator
- Bears Power
- Bollinger Bands Indicator
- Bulls Power
- Commodity Channel Index
- Demarker
- Force Index
- Fractals
- Gator Oscillator
- Heiken Ashi
- Ichimoku Kinko Hyo Indicator
- MACD
- Market Facilitation Index
- Momentum
- Money Flow Index
- Moving Average Envelopes
- Moving Average Indicator
- Moving Average Oscillator
- On Balance Volume
- Parabolic SAR
- Relative Strength Index
- Relative Vigor Index
- Standard Deviation
- Stochastic Oscillator Indicator
- Volumes
- Williams Percentage Range
- Zigzag
How to Use MT4 Tutorial - How to Trade on MetaTrader 4
Most popular search is how to save a work space in MT4, or how to save a system/template. Before beginning the lesson, screen shot below shows 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 trading chart. (click on these buttons to get options on your MT4 platform)
How to Save a Work Space, How to Save a Template - Forex MT4 Guide
The MT4 is part of the online forex market. The MT4 software is installed on a client's Desktop computer.
The screen-shot below shows the user inter-face of the MetaTrader 4 Software.
How to Trade in MT4 - How to Use MT4
According to Forex trading platforms reviews, MT4 is the most widely used Forex trading platform. This is because forex MT4 setup is easy and learning to how to use MetaTrader 4 tutorials can be used to learn more about how to use this forex MT4 for online forex trading.
The MetaTrader 4 online trading platform which is also known as MT4 Platform, is designed to provide technical tools that can be used by traders to make buy or sell decisions. This forex trading software provides online exchange quotes and streaming data about price movement plotted in the form of forex charts. This information is delivered directly to the MT4 platform interface. This information that is delivered in form of realtime quotes is then interpreted using technical tools which are provided within this online trading platform.
This is a free Forex software which is provided for by online Forex brokers. You can download the MetaTrader Forex platform from online brokers websites, once you download it, you should then install the MT4 platform on a computer that has an internet connection and then connect to your broker & start receiving streaming quotes.
The MT4 Metaquotes forex trading platform has different window & chart panels, each designed 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, tool-bars for attaching indicators & the main menu bar used to navigate the forex trading platform.
