Standard Tool-Bar Menu & How to Customize it on MetaTrader 4
The Standard Tool-Bar on the MT4 is illustrated below:
Before explaining how to use each tool listed on this standard tool-bar, let us make sure all the available buttons are added to it by customizing it:
- Right-Click the tool-bar customize button to the left as illustrated below
2. Click customize 3. Add all Tools
Add Tools
After Adding and customizing, it'll look like:
On the platform, the standard tool bar now looks like:
Explanation of Each Tool on the Standard Toolbar
1: Opens a chart in MetaTrader 4 and a trader can specify which type of chart to open by clicking the drop down arrow next to its icon.
2: Profile - can be used to load a saved profile or to save a new profile: these options are provided as a sub-menu from the drop-down arrow.
3: Opening and closing market watch window panel: market watch displays the trading quote trading prices for chosen instruments.
4: Data window opens & closes and it displays trading price data as well as other data like indicator's data.
5: Navigator Short-cut, navigator displays Account information, indicators, scripts & Expert Advisors data.
6: Terminal panel shortcut, displays the transactions opened by a trader - shows open trades, balance, account equity, transaction history, news, Expert Advisors tab, signals tab and trade alerts tab.
7: Strategy tester opens the Strategy Tester & traders can test their Expert Advisors on this Strategy Tester environment.
8: Places a new order by opening a popup panel where as a trader you can specify the instrument to buy, the amount to trade, & if the order will be a market order or set as a pending stock trade order.
9: MetaEditor opens the Meta-Editor environment where a trader can add or program an Expert Advisor or a new indicator in this Meta-Editor Environment.
10: Help, if you don't know something on MT4 click on this & point on any MT4 object & get an explanation.
11: Options settings for editing MetaTrader 4 options that are used by your platform, these settings are the server settings & Expert Advisors settings found under main navigation menu on tools menu, options sub-menu.
12: Full screen option for setting chart to full screen option, Short-cut is Key-board Key 'F11'
13: Print Chart
14: Print Preview
15: Expert Advisors - activates and deactivating Expert Advisors on a chart, clicking on this button changes color from green to red, green color means EA is allowed, red means Expert Advisor execution not allowed.
Remove Buttons
As a trader you will not require all these buttons and you can hide some of them by clicking customize (shown above), then choose some of the items on the right side panel & then choose hide.
Remove the above tools by clicking on them and clicking remove button key.
