Learn MetaTrader 4 Software Platform
The following lessons explain how to use the MetaTrader 4 software, each guide is accompanied by numerous screenshots in order to help traders to understand concepts explained and make it easier to learn about this online software.
Intro
File
- Registering a Practice Demo Trading Account Procedure
- Open a Chart
- Opening Offline Chart
- How to Open a Deleted Chart
- Saving a Profile
- Log In to an Trading Account
- Printing Charts
View
- Change Language
- Tool-Bars
- Connectivity Bars
- Charts Bar
- MarketWatch Window
- Data Window
- Navigator Window Panel
- MetaTrader 4 Terminal Window
- Index Trade Simulator
Insert
- Indicators Insert Menu
- Insert Line Studies
- Placing and Adding Channels
- Gann Lines Indicator
- Placing Fib Lines
- Insert Shapes
- Placing and Adding Arrows
- Insert Andrews Pitch Fork, Cycle Lines, Text Label
Charts
- Indicators Listing
- Objects List
- Bar Chart
- Line Chart
- Candles
- Timeframes - Periodicity
- Saving a Template
- Grid, Volumes, AutoScroll & Shift
- Zoom in, Zoom Out & Stock Indices Trade Step-by-Step
- Setting Properties
Tools
- Open New Trade Order
- History Center on the Tools Menu
- Options Settings
- Meta Editor Custom Trading Indicators
- Meta Editor Expert Advisors
Window Menu
Help Menu
Tool Bars
Advanced Guides
- MQ5 Signals - Copy Top MT4 Traders
- Benefits MQL5.com Signals
- Signal Seller Advantages
- MQL5.com Expert Advisors(EAs)
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 Trade Indicator
- Fractals Indicator
- Gator Oscillator
- Heikin Ashi
- Ichimoku Indicator
- MACD
- Market Facilitation Index Trade Indicator
- Momentum Trading Indicator
- Money Flow Index Indicator
- MA Envelopes Indicator
- Moving Average Indicator
- MA Oscillator
- OBV
- Parabolic SAR
- RSI
- RVI Indicator
- Standard Deviation
- Stochastic Oscillator Technical
- Volumes Trading Indicator
- Williams Percent Range
- Zigzag Indicator
The MT4 is part of the online stock market. The MT4 platform is installed on a client's computer.
The image below shows user inter-face of MT4.
MetaTrader 4 platform Work-Space
According to platforms reviews, MT4 is the most widely used software. This is because it is easy to learn and can do the following tasks.
The MT4 software is installed on a trader's Desktop computer and it is intended to accomplish the following:
- Plot graphical Data about exchange rates in the format of a grid/chart
- Receive and Get streaming exchange quotes from the brokers
- Perform indices transaction operations: buying & 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 indicators & Expert Advisors for the purpose of automated trading.
- Provide statements of transaction history and a summary of profits and losses.
This is a free software platform that is offered by brokers. You can download the trading platform from brokers websites, 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 real time quotes.
The MT4 online indices software which also is referred to as Meta Trader 4, is designed to provide trading tools that can be used by the traders to make buy/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 software interface. This info that is delivered in form of realtime quotes is then interpreted using technical analysis tools which are provided for within this online platform.
The MT4 has different window panel & chart panels, each designed to deliver a different type of market data, starting with the exchange rate quotes used to draw indices trading graphs to the stock trading market data panel window, tool-bars for attaching indicators & main menu bar used to navigate the platform.
Study More Lessons and Courses:
- S&P MT4 S&P Platform Software
- Moving Average MA Indices Trade Strategies Example
- How Index Leverage Greatly Increases Indices Profits and Indices Losses
- Can You Trade Nasdaq on MT4 Software Platform?
- How to Get WallStreet 30 Index in MetaTrader 4 App
- How Do You Analyze Trend Analysis on Chart Technical Analysis?
- MetaTrader 4 Chart Index Chart
- Index Brokers Type
- Darvas Box Indices Indicator Analysis on Charts
- How to Place Standard Deviation in Stock Index Chart
