MT4 Data Window
MT4 Data window panel shows information about a price, for a specified candle period. For example the trading charts below, shows how to choose data window from view menu options.(Ctrl+D is shortcut key for displaying data window without having to access it from the view menu)
Data Window - MT4 Indices Software
Once the data panel is chooseed it will display, the following information about a price.
The following data for indices is shown:
- Chart
- Date
- Time
- Open Price
- High
- Low
- Close Price
- Volume
This data will show information for a particular candlestick, by scrolling your mouse over the candlesticks on a chart this data will change to reflect the price candle which the mouse has pointed at.
The data widow is not popularly used in the MT4 Trading Platform as compared to the other MT4 stock chart windows. However as a trader you can use this data panel to extract & display information & data about any price candlestick & the prices associated with this candle such as the opening price data, closing price data and high & low of price.
Because most traders can obtain this data directly from the trading charts, then the traders might prefer to use information that is readily available on 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 a trader only requires to press down & hold down the wheel mouse button & the cross Hair will then appear. If your mouse doesn't 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 shown below.
Cross Hair Tool - MetaTrader 4 Indices Software
From the Cross Hair above the vertical line will show data on the date for the current candlestick, the horizontal line will show price at that particular point on the trading 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 Trading 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 MetaTrader 4
A trader can even click one point, hold down the mouse & move the mouse to another chart level to measure the pip movement of price from point a to point on the charts in the MT4 Indices Software as Shown below.
Using Cross Hair Tool to Measure Pip Price Movement
Cross Hair Data Tool on MT4 Software