Trade Stock Indices

Learn Stock Indices Trading for Beginners Tutorials

MT4 Data Window

MT4 Data window panel shows information about a price, for a specified candlestick period. For example 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 Indices Software

MT4 Data Window - MT4 Stock Index Data Window Explained Tutorial

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

Indices Price Data Window High, Low, Open and Close Indices Price on MT4

The following data for indices is shown:

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

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

The data widow is not popularly used in the MT4 Stock Indices Trading Platform as compared to the other MT4 chart windows. However as a trader you can use this data panel to extract & display information & data about any price candlestick & the prices associated with this candle such as the opening price data, closing price data and high & low of price.

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

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

Cross Hair Tool - MetaTrader 4 Indices Software

MT4 Cross Hair Pointer on Stock Indices MT4 Trade Charts - Indices Trading MT4 Data Window

From the Cross Hair above the vertical line will show data on the date for the current candlestick, the horizontal line will show price at that particular point on the chart. For the above example of Indices chart you can see that the date is 2013.10.31 4:00GMT and the Indices Price is shown for the selected point. The Open, High, Low, Close and Volume as well as Date is Shown Just below the Charts tab at the bottom of the MT4 Indices Trading Software 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 MetaTrader 4

A trader can even click one point, hold down the mouse and move the mouse to another chart point to measure the pip movement of price from point a to point on the Indices charts in the MT4 Indices Software as Shown below.

Using Cross Hair Tool to Measure Pip Indices Price Movement

Using Cross Hair Tool in MT4 Software to Measure Pip Indices Price Movement

Cross Hair Data Tool on MT4 Software


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