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 panel window from view menu options.(Ctrl+D is short-cut key for displaying data panel 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'll show, the following statistics approximately a charge.

Price Data Window High, Low, Open and Close Price in MT4 Platform - 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 display will present specific data corresponding to an individual candlestick: moving your mouse cursor over the candles on the trading chart updates this information dynamically to reflect the details of the candle currently under the pointer.

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 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 and high & low of price.

Because most people who trade stocks can get this information straight from the trading charts, these traders may want to use information that's easy to find on the chart within the MT4 platform.

Another way to grab data is the Cross-Hair Mouse Pointer. Press and hold the mouse wheel to show it. Traders get the cross hair that way. If your mouse lacks a wheel, buy one for MT4 cross hair trading. From it, pull price info like this example.

Cross Hair Tool - MT4 Software

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

Referring to the Cross Hair tool shown above, the vertical line displays the date corresponding to the candlestick currently under inspection, while the horizontal line indicates the price level at that exact point on the chart. Using the chart example provided, you can observe that the date is 2013.10.31 at 4:00 GMT, and the price is specified for the selected point. The crucial metrics - Open, High, Low, Close, and Volume, along with the Date - are simultaneously presented and shown directly beneath the Charts tab at the bottom section of the MetaTrader 4 Platform, labeled O: H: L: C: V:. Consequently, the cross-hair functions as a rapid method for data extraction, circumventing the need to navigate to the Data Panel Window in MT4.

A trader can click on a point, hold down the mouse button, and drag the mouse to another chart level to measure the pip movement of price from one point to another on the charts in the MetaTrader 4 Software, as illustrated below.

Using Cross Hair Mouse Pointer 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

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