Getting Started With Meta Trader 4 Platform

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 the concepts explained & make it easier to learn about this online stock software.

Introduction

• Platform Introduction
• Installing MetaTrader 4 Online Stocks Software

File

• Opening a Practice Account Procedure
• Open a Chart
• Opening Offline Chart
• Opening a Deleted Chart
• Saving a Profile
• Log In to an Account
• Printing Charts

View

• Changing Language
• Toolbars
• Connection Bars
• Charts Bar
• Market Watch
• Data Window
• Navigator
• Meta Trader 4 Terminal Window
• Stocks Strategy Tester

Insert

• Indicators Insert Menu
• Insert Line Studies
• Placing Channels
• Gann Lines
• Placing Fib Lines
• Insert Shapes
• Placing Arrows
• Insert Andrew's Pitch Fork, Cycle Lines, Text Label

Charts

• Indicators List
• Objects List
• Bar Chart
• Line Chart
• Candle-sticks
• Timeframes - Periodicity
• Saving a Template
• Grid, Volumes, Auto Scroll & Shift
• Zoom in, Zoom Out and Stocks Step by Step
• Setting Properties

Tools

• Place New Order
• History Center on Tools Menu
• Options Settings
• Meta Editor Custom Indicators
• Meta Editor Expert-Advisors

Window Menu

• Charts Window Menu

Help Menu

• Help Menu

Tool-Bars

• Customizing Layout
• Charts Toolbars
• Standard Tool Bar
• Line Studies Tool Bar
• Periodicity Tool-Bar

Advanced Courses

• MQL5 Signals - Copy Top MT4 Traders
• Advantages MQL5 Signals
• Signal Seller Advantages
• MQL5 Automated Expert-Advisors

How to Place Indicators

• Accelerator Oscillator
• Accumulation Distribution
• Alligator
• ADX
• Average True Range Indicator
• Awesome Oscillator
• Bears Power
• Bollinger Bands Indicator
• Bulls Power
• CCI
• Demarker
• Force Index
• Fractals
• Gator Oscillator
• Heiken Ashi
• Ichimoku
• MACD
• Market Facilitation Index
• Momentum
• Money Flow Index
• MA Envelopes
• MA Indicator
• MA Oscillator
• On Balance Volume
• Parabolic SAR
• Relative Strength Index
• Relative Vigor Index
• Standard Deviation
• Stochastic Oscillator Indicator
• Volumes
• Williams Percentage Range
• Zigzag

The MetaTrader 4 is part of the online market. The MT4 software is installed on a client's computer.

The screenshot below highlights the user inter-face of the MT4.

MT4 software Work-Space

According to softwares reviews, MT4 is the most widely used platform. This is because it's easy to learn and can do the following tasks.

The MetaTrader 4 platform is installed on a trader's Desktop computer and it is intended to do the following:

• Plot graphical Data about exchange rates in form of a grid/trading chart
• Receive streaming exchange quotes from the stock brokers
• Perform stocks transaction operations: buying and selling
• Show the open stocks transactions and orders within the stock software work space
• Perform technical analysis
• Testing of strategies on practice demo accounts
• Coding of custom indicators & Expert-Advisors for the purpose of automated stocks.
• Provide statements of transaction history and a summary of profits/losses.

This is a free software that is provided for by online brokers. You can download the software from online brokers websites, once you download it, you should then setup & setup the platform on a Desktop PC computer that has an internet connectivity & then connect to your broker and start receiving real-time quotes.

The MT4 online stock software which is also known as Meta Trader 4, is designed to provide technical tools that can be used by traders to make buy or sell decisions. This stock software provides online exchange quotes & streaming data about price movement drawn in the form of price charts. This info is delivered directly to the MT4 platform interface. This information that is delivered in format of realtime quotes is then interpreted using the technical tools provided for within this online software.

The MT4 has different window and chart panels, each designed to deliver a different type of market data, beginning with the exchange rate quotes used to draw stocks graphs to the market data panel, toolbars for attaching indicators and the main menu bar used to navigate the platform.