Best Indices Trading Platform iPad
Indices Platforms for iPad - the Best Indices Trading Platform iPad is the MT4 software. This is Indices Trading Platforms for iPad of the most common indices software which is used almost by every other trader as well as almost every online indices broker.
In this guide we shall explain the MetaTrader 4 Interface so that beginners wanting to begin learning this Best Indices Trading Platform iPad, can then begin from this learn MT4 tutorial.
Best Indices Trading Platform iPad - MT4 Workspace
Form the above image of the this software there are several tool-bars as well as chart window.
You can download this Best Indices Trading Platform iPad from your broker's website. Now after you download it, then you will need to learn one or two things about this indices trading platform:
The first thing is how to setup this indices trading software after you download. For example if you download the MT4 platform, you will need to go to a broker first, register for a practice trading account then after you sign up for a demo stock indices account you'll be provided with a link where to download MetaTrader 4 Indices Trading Platform.
Now once you download this indices trading software, assuming you do not know much about Desktop computers, Open your Browser >>> Navigate to tools at top left corner of your web browser next to "file", "edit", "view" and click on tools, select download folder location, (shortcut: once you open your webbrowser click CTRL+J or CTRL+Y), a download popup will appear with links to downloaded items. Choose MetaTrader 4 trading software that you have just downloaded.
Installing MetaTrader 4 Indices Trading Software
To setup this software after you've downloaded, launch the download from where you downloaded, from there an installation wizard pops up and all you've to do is to follow the setup instructions. After setup the platform will run automatically just like any other software. Read guide How to install MetaTrader 4 platform. This platform is easy to setup & this is another reason why this trading software is the Best Indices Trading Platform iPad.
You can open MetaTrader 4 from the begin menu>>> Programs or from the desktop short-cut that pops up as a desktop icon marked MT4 after setup.
Demo Indices Account Opening & Sign in
To open an account in MT4 just click on "file" and then on open an account, to login to an account just click on "file" at the top right corner and click sign in from the drop-down menu that appears.
Once youlogin to the MetaTrader 4 platform you'll get access to charts & other technical analysis tools such as technical indicators that you will then use to place trades within the stock indices trading market while connected to your indices broker's servers.
Indices Platform Menu Bar & Toolbars
Menu Bar in MetaTrader 4 for Navigating within the Software - Best indices trading software
Menu bar is used to operate and navigate this indices trading platform from one single panel. From this panel you can set how to view tool bars, chart, data window & even use the file tab to open a stock indices trading account - and also login to your account. This menu bar makes this platform easy to operate and this is also why this is Best Indices Trading Platform iPad for beginner traders.
Form the menu bar you can click on the view tab & select chart tool-bars like in the above pictured image, these menu bars can be used to set up charts, indicators, time frames, & others things like drawing indices trend lines and Fibonacci retracement levels and Fibonacci expansion levels. To learn how to customize this software go to this MT4 Indices Tutorial Section.
Now that we have looked at the tool-bar and menu bar, we shall look at the main work-space interface of the MT4 software.
Best Online Indices Platform - MT4 Best Indices Trading Platform iPad
Market Watch window - This window is used to show a stream of the exchange rates that's obtained from your indices broker. In this market watch window you can right click anywhere on this panel to choose show all instruments or hide the ones you're not interested in & save some bandwidth at the same time. No need to have prices for 50 trading instruments if you are only interested in 4 trading instruments. This make this platform easy to use with any inter-net connection another reason why this is the Best Indices Trading Platform iPad.
Data Window - Used to setup Stock Indices Indicators, Expert Advisors and scripts, you can click on any of this menu sub items and expand/collapse the indicators or Expert Advisors used for automated indices trading.
Indices Charts Panel - This is where the stock indices price moves will be drawn.
Indices Charts Tab - Navigation from one trading instrument to another is easy, just flip through the charts tab as displayed above.
Terminal Window - This panel is used to display a statement of your trades, profits & loses that you have made in your live stock indices trading account or demo stock indices trading account. To enlarge this window and view open trades, just hover the mouse on terminal window panel tool-bar until the cursor pointer changes, click & hold down mouse button and then move cursor pointer upward.
Connection bars - These are used to explain the connection to internet, red bars mean no internet connectivity, green bars show there is internet connectivity.
Exchange Rates Graph - this shows the exchange rates for indices that you are trading so that to display if the exchange rate is going upwards or downwards.
Advantages of MetaTrader 4
In the online stock indices market there are many indices platforms available around the internet. But among the top indices trading softwares the Best Indices Trading Platform iPad is the MT4 Stock Indices Software, it is the best Indices software because of the following reasons:
Low Bandwidth Connection Requirement
Not everyone can afford the best internet connection, the T1, the satellite, ADSL or Fiber Optic internet connection: furthermore, these are not freely available to some residential areas and may be limited to office buildings. This is why it is best to choose a indices trading software which requires the minimum bandwidth, MT4 stock indices trading platform. Even with the best connection, sometimes the connection may not be available & you may need to use an alternative connection like the dial up or modem. MetaTrader 4 software is the least expensive if you're on a modem. To even reduce further the internet band width usage go to market watch (Short cut Key press CTRL+M), Right-Click on any instrument, Select "Hide all", now the trading platform will only stream the stock indices price quotes for pairs you only need and conserve your internet band width even further. Especially when using a phone or iPad or a Tablet where you're paying for phone credit this can save your inter-net credit. This is one of the reason why MT4 is considered as one of the Best Indices Trading Software online.
The easier it is to connect the easier it is open & close trades on time.
Provided by all Indices Brokers
Another reason why this indices trading software is considered as one of the Best Indices Trading Platform iPad is because MetaTrader 4 is liked by most traders all brokers provide it. Once as a learns the MT4 platform there is no need to re-learn when you switch to another stock indices trading broker. You can still use same MT4 software of the new indices broker without the need to learn a new indices platform all over again.
Easy Technical Analysis
Other thingthat makes this the Best Indices Trading Platform iPad is the ease with which you can set up the technical analysis technical indicators on the indices charts. Even those using various web traders will do their technical analysis in MetaTrader 4 stock indices chart and then place their stock indices orders on their web trader.
Technical analysis traders can also install custom technical indicators on this indices trading software, making it easier to add more technical analysis tools on to this software. Others also install automated Expert Advisors on this indices trading platform so as to trade automatically with these programs referred to as automated Expert-Advisor Indices Bots.
Best Indices Charts
The MetaTrader 4 has the Best Indices Trading Platform iPad charts representations available and implements many chart timeframes from which a investor can select.
Simplicity
Overall the simplicity of this software & the fact that any investor can learn how to use MT4 within one hour makes this the Best Indices Trading Platform iPad for new and experienced stock indices traders.
