Trade Forex Trading

MT4 Data Window

MT4 Data panel shows data about a instrument, for a specified candlestick period. For example the charts below, shows how to choose data window from view menu options.(Ctrl+D is shortcut key for displaying data window without having to get it from the view menu)

Data Window - MT4 Software

Stocks Platform MT4 Data Window - Getting Started MT4 Platform Software Tutorial Guide

Once the data panel is selected it will show, the following data about a stocks.

Stocks Price Data Window High, Low, Open and Close Price in MetaTrader 4 - How to Use MT4 Stocks

The following data for a instrument is shown:

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

Online Stocks Broker

This data will show info for a particular candlestick, 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 isn't popularly used in the MT4 Platform as compared to the other MT4 chart windows. However as a trader you can use this data panel to extract and display data and data about any price candle and the prices associated with this candlestick such as the opening price data, closing price data & high and low of price.

Because most traders can obtain this information directly from the charts, then the traders might prefer to use the information that's readily available on the Trading chart within the MT4 platform software interface.

Another strategy to get this data is to use the Cross Hair Mouse Pointer, To get the Cross Hair Mouse Pointer one only requires to press down and hold down the wheel mouse button & the cross Hair will then 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 this Cross Hair one can get the price data as shown below.

Cross Hair Tool - MT4 Software

MetaTrader 4 Cross Hair Pointer on MT4 Charts - MT4 Chart Tutorial for Beginner Traders

From the Cross Hair above the vertical line will show data on the date for the current candle, the horizontal line will show price of the at that particular point on the chart. For the above example of Trading 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 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 Trading charts in the MT4 Stocks Trading Software as Shown below.

Using Cross Hair Tool to Measure Pip Price Movement

How to Use MT4 Software Platform

Cross Hair Data Tool in MetaTrader 4 Software