MetaTrader 4 Stock Indices Software Tutorial
MetaTrader 4 Data window shows information about a stock indices instrument, for a specified candlestick period. For example the trading charts below, shows how to select the data window from the view menu options.(Ctrl+D is the shortcut key for displaying the data window without having to access it from the view menu)
Data Window - MetaTrader 4 Stock Indices Software
Once the data window is selected it will display, the following information about a stock indices.
The following data for a stock indices instrument is shown:
- Stock Indices Trading Instrument
- Open Indices Price
- Close Indices Price
This data will show information for a particular candlestick, by scrolling your mouse over the candlesticks on a Stock Indices Trading chart this data will change to reflect the stock index price candlestick that the mouse has pointed at.
The data widow is not popularly used in the MetaTrader 4 Stock Indices Platform as compared to the other MetaTrader 4 stock indices chart windows. However as a stock indices trader you can use this data window to extract and display information and data about any stock index price candlestick and the stock indices prices associated with this candlestick such as the opening stock index price data, closing stock index price data and high and low of stock index price.
Because most traders can obtain this information directly from the charts, then the stock indices traders may prefer to use the information that is readily available on the Stock Indices Trading chart within the MetaTrader 4 stock index platform software interface.
Another method to get this data is to use the Cross Hair Mouse Pointer, To get the Cross Hair Mouse Pointer a stock indices trader only requires to press down and hold down the wheel mouse button and the cross Hair will appear. If your mouse does not have a wheel button, please go and buy another one so that you can trade the MetaTrader 4 cross hair. and from this Cross Hair a stock indices trader can get the stock index price data as shown below.
Cross Hair Tool - MT4 Stock Indices Trading Software
From the Cross Hair above the vertical line will show data on the date for the current candlestick, the horizontal line will show stock index price of the stock index at that particular point on the chart. For the above example of Stock Indices Trading chart you can see that the date is 2013.10.31 4:00GMT and the Stock Indices Price is shown for the selected point. The Open, High, Low, Close and Volume as well as Date is Shown Just below the Charts tab at the bottom of the MetaTrader 4 Stock Indices Software, Marked as O: H: L: C: V: therefore the cross hair is a shortcut method of viewing data instead of going to the Data Window of the MT4
A stock indices trader can even click one point, hold down the mouse and move the mouse to another chart point to measure the pip movement of stock index price from point a to point on the Stock Indices Trading charts in the MetaTrader 4 Stock Indices Trading Software as Shown below.
Using Cross Hair Tool to Measure Pip Indices Price Movement
Cross Hair Data Tool on MetaTrader 4 Stock Indices Trading Software