Learn MT4 Platform
The following guides explain how to use the MetaTrader 4 platform, each guide is accompanied by numerous screen-shots so as to help traders to understand concepts explained & make it easier to learn about this online platform.
Intro
File
- Registering a Demo Practice Account Procedure
- Open a Chart
- Opening Offline Chart
- Opening a Deleted Chart
- Saving a Profile
- Log In to an Account
- Printing Charts
View
- Change Language
- Toolbars
- Connectivity Bars
- Charts Bar
- Market-Watch Window
- Data Window
- Navigator Window
- MetaTrader 4 Terminal Window
- Indices Trading Strategy Tester
Insert
- Indicators Insert Menu
- Insert Line Studies
- Placing Channels
- Gann Lines Indicator
- Placing Fibonacci 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, AutoScroll and Shift
- Zoom in, Zoom Out & Indices Trading Step-by-Step
- Setting Properties
Tools
- Open New Trade Order
- History Center on the Tools Menu
- Options Settings
- Meta Editor Custom Technical Indicators
- Meta Editor EAs
Window Menu
Help Menu
Toolbars
Advanced Tutorials
How Do I Set Indicators
- Accelerator Oscillator Indicator
- AD Indicator
- Alligator Indicator
- ADX
- ATR Indicator
- Awesome Oscillator Indicator
- Bears Power Indicator
- Bollinger Band Indicator
- Bulls Power Indicator
- CCI
- Demarker Indicator
- Force Index Indicator
- Fractals Indicator
- Gator Oscillator Indicator
- Heiken Ashi
- Ichimoku Indicator
- MACD
- Market Facilitation Index Indicator
- Momentum Indicator
- Money Flow Index Indicator
- MA Envelopes Indicator
- MA Indicator
- MA Oscillator
- OBV
- Parabolic SAR
- RSI
- RVI Indicator
- Standard Deviation
- Stochastic Oscillator Indicator
- Volumes Indicator
- William's Percentage Range
- Zigzag Indicator
The Meta Trader 4 is part of the online stock market. The MT4 software is installed on a client's computer.
The image below shows user inter-face of MetaTrader 4.
MetaTrader 4 software Workspace
According to platforms reviews, MT4 is the most widely used platform. This is because it is easy to learn & can do the following tasks.
The MT4 platform is installed on a trader's PC Desktop computer and it is intended to accomplish the following:
- Plot graphical Data about exchange rates in the form of a grid/chart
- Receive streaming exchange quotes from the brokers
- Perform indices transaction operations: buying and selling
- Show the open transactions and orders within software work-space
- Perform technical analysis
- Testing of strategies on practice practice stock trading accounts
- Programming of custom technical indicators and Expert Advisors for the purpose of automated trading.
- Provide statements of transaction history & a summary of profits/losses.
This is a free platform that is provided for by online brokers. You can download the software from online brokers web sites, once you download it, you should then setup & install the platform on a Desktop computer which has an inter net connection and then connect to your stock broker and start receiving realtime quotes.
The Meta Trader 4 online indices software which is also referred to as Meta Trader 4, is designed to provide technical tools that can be used by traders to make buy or sell decisions. This indices platform provides online quotes and streaming data about stock price movement drawn in the form of price charts. This info is delivered direct to the MetaTrader 4 platform interface. This information that's delivered in form of real-time quotes is then interpreted using technical analysis tools which are provided for within this online platform.
The MT4 has different window & chart panels, each designed to deliver a different type of market info, beginning with the exchange rate quotes used to draw indices trading graphs to the stock trading market data panel window, toolbars for attaching indicators & main menu bar used to navigate the platform.
