MT4 Stock Software Tutorial

MT4 Data window panel shows data about a instrument, for a specified candle period. For example the 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 view menu)

Data Window - MT4 Stock Software

Once the data panel is selected it will illustrate, the following data about a stock indices.

The following data for a instrument is pictured:

1. Stock Indices Instrument
2. Date
3. Time
4. Open Price
5. High
6. Low
7. Close Price
8. Volume

This data will show info for a particular candle, by scrolling your mouse over the candlesticks on a chart this data will change to reflect the price candlestick which the mouse has pointed at.

The data widow is not popularly used in the MT4 Platform as compared to the other MT4 stock chart windows. However as a trader you can use this data panel to extract and display data and data about any price candlestick and the prices associated with this candlestick such as the opening price data, closing price data & high & low of price.

Because most traders can obtain this information directly from the charts, then the traders may prefer to use the information that is readily available on the chart within the MT4 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 trader only requires to press down & 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 MT4 cross hair. And from the Cross Hair a trader can get the price data as pictured below.

Cross Hair Tool - MT4 Platform

From the Cross Hair above the vertical line will show data on the date for the current candle, the horizontal line will show stock index price of the at that particular point on the chart. For the above example of chart you can see that the date is 2013.10.31 4:00GMT and the 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 MT4 Stock 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

One can even click one point, hold down the mouse and move the mouse to another chart point to measure the pip movement of price from point a to point on the Stock charts in the MT4 Trading Software as Shown below.

Using Cross Hair Tool to Measure Pip Price Movement

Cross Hair Data Tool in MT4 Software