Trade Stock Indices

MetaTrader 4 Data Window

MT4 Data window illustrates information about a price, for a specified candle period. For illustration the trading charts below, shows how to choose data window from view menu options.(Ctrl+D is shortcut key for displaying data window without having to access it from the view menu)

Data Window - MT4 Platform

MT4 Data Window - MT4 Index Data Window Explained Tutorial

Once the information panel is chosen it will display, the following information about a price.

Price Data Window High, Low, Open and Close Price on MetaTrader 4 - Stock Index MetaTrader 4 Data Window

The following data for indices is shown:

  1. Chart
  2. Date
  3. Time
  4. Open Price
  5. High
  6. Low
  7. Close Price
  8. Volume

This data will show information for a particular candlestick, by scrolling your mouse over the candlesticks on a trading chart this information will change to reflect the price candle which the mouse has pointed at.

The data window is not popularly used in the MetaTrader 4 Platform Software as compared to the other MetaTrader 4 stock chart windows. However as a stock indices trader you as a stock indices trader can use this data panel to extract and display info & data about any price candle & the market prices associated with this candlestick like the opening price information, closing price data & high & low of price.

Because most stock indices traders can obtain this data directly from the trading charts, then the traders might prefer to use information that is readily available on chart within the MT4 platform software interface.

Another strategy to get this data is to use the Cross-Hair Mouse Pointer, To get the Cross Hair Mouse Pointer a stock index trader only requires to press down & hold down the wheel mouse button and the Cross-Hair then will appear. If your mouse does not have a mouse wheel button, please go and purchase another one so that as you as a stock indices trader can trade the MT4 cross hair. And from the Cross Hair a stock indices trader can get the price data as shown below.

Cross Hair Tool - MT4 Software Platform

MT4 Cross Hair Pointer on Stock Index MetaTrader 4 Trade Charts - Indices MetaTrader 4 Data Window

From the Cross Hair above the vertical line will show information on the date for the current candlestick, the horizontal line will show price at that particular point on the trading chart. For the above example of chart you as a stock indices trader can see that the date is 2013.10.31 4:00GMT & the Price is shown for the selected point. The Open, High, Low, Close and Volume as well as the Date is Shown and Displayed Just below the Charts tab at the bottom of the MetaTrader 4 Platform, Marked as O: H: L: C: V: therefore the cross hair is a shortcut method of viewing data instead of going to the Data Window of the MT4

A trader can even click one point, hold down the mouse & move the mouse to another chart level to measure the pip movement of price from point to point on the charts in the MetaTrader 4 Software as Shown below.

Using Cross-Hair Tool to Measure Pip Price Movement

Using Cross Hair Tool in MT4 Platform Software to Measure Pip Price Movement - Stock Index MetaTrader 4 Data Window

Cross-Hair Data Tool in MT4 Platform

Learn More Courses & Tutorials:

Forex Trading Seminar Gala

Forex Trading Seminar

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