Learn MT4 Indices 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 and make it easier to learn about this online platform.

Introduction

• Indices Platform Introduction
• Installing Meta Trader 4 Online Indices 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 Window
• Data Window
• Navigator Window
• Meta Trader 4 Terminal Window
• Indices Trading Strategy Tester

Insert

• Indicators Insert Menu
• Insert Line Studies
• Placing Channels
• Gann Lines
• 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

• Place New Order
• History Center on Tools Menu
• Options Settings
• Meta Editor Custom Indicators
• Meta Editor EAs

Window Menu

• Charts Window Menu

Help Menu

• Help Menu

Toolbars

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

Advanced Tutorials

• MQL5 Signals - Copy Top MT4 Traders
• Advantages MQL5 Signals
• Signal Seller Advantages
• MQL5 Indices EAs

How to Place Indicators

• Accelerator Oscillator
• Accumulation Distribution
• Alligator
• ADX
• Average True Range Indicator
• Awesome Oscillator
• Bears Power
• Bollinger Band 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 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 MT4.

Meta Trader 4 software Workspace

According to platforms reviews, MT4 is the most widely used platform. This is because it is easy to learn and 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 trading transaction operations: buying & selling
• Show the open indices trading transactions and orders within indices software work-space
• Perform technical analysis
• Testing of strategies on practice practice stock trading accounts
• Coding of custom technical indicators and EAs for the purpose of automated indices 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 software provides online quotes and streaming data about stock price movement drawn in the form of price charts. This info is delivered direct to the Meta Trader 4 software interface. This information that is 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 window, toolbars for attaching indicators & main menu bar used to navigate the platform.