Learn MT4 Indices Platform
The following guides explain how to use the MetaTrader 4 platform, each guide is accompanied by numerous screen-shots so as to help traders to understand concepts explained and make it easier to learn about this online indices platform.
Introduction
File
- Opening a Practice Account Procedure
- Open a Indices Chart
- Opening Offline Chart
- Opening a Deleted Chart
- Saving a Profile
- Log In to an Account
- Printing Indices Charts
View
- Changing Language
- Toolbars
- Connection Bars
- Charts Bar
- Market Watch Window
- Data Window
- Navigator Window
- Meta Trader 4 Terminal Window
- Indices Trading Strategy Tester
Insert
- Indicators Insert Menu
- Insert Line Studies
- Placing Channels
- Gann Lines
- Placing Fibonacci Lines
- Insert Shapes
- Placing Arrows
- Insert Andrew's Pitch Fork, Cycle Lines, Text Label
Charts
- Indicators List
- Objects List
- Bar Chart
- Line Stock Indices Chart
- Candle-sticks
- Timeframes - Periodicity
- Saving a Template
- Grid, Volumes, AutoScroll and Shift
- Zoom in, Zoom Out & Indices Trading Step by Step
- Setting Properties
Tools
- Place New Order
- History Center on Tools Menu
- Options Settings
- Meta Editor Custom Indicators
- Meta Editor EAs
Window Menu
Help Menu
Toolbars
Advanced Tutorials
How to Place Indices Indicators
- Accelerator Oscillator
- Accumulation Distribution
- Alligator
- ADX
- Average True Range Indicator
- Awesome Oscillator
- Bears Power
- Bollinger Band Indicator
- Bulls Power
- CCI
- Demarker
- Force Index
- Fractals
- Gator Oscillator
- Heiken Ashi
- Ichimoku
- MACD
- Market Facilitation Index
- Momentum
- Money Flow Index
- MA Envelopes
- MA Indicator
- MA Oscillator
- On Balance Volume
- Parabolic SAR
- Relative Strength Index
- Relative Vigor Index
- Standard Deviation
- Stochastic Oscillator Indicator
- Volumes
- Williams Percentage Range
- Zigzag
The Meta Trader 4 is part of the online stock indices market. The MT4 software is installed on a client's computer.
The image below shows user inter-face of MT4.
Meta Trader 4 software Workspace
According to indices platforms reviews, MT4 is the most widely used indices platform. This is because it is easy to learn and can do the following tasks.
The MT4 platform is installed on a indices trader's PC Desktop computer and it is intended to accomplish the following:
- Plot graphical Data about exchange rates in the form of a grid/chart
- Receive streaming exchange quotes from the indices brokers
- Perform indices trading transaction operations: buying & selling
- Show the open indices trading transactions and orders within indices software work-space
- Perform technical analysis
- Testing of strategies on practice practice stock indices trading accounts
- Coding of custom technical indicators and EAs for the purpose of automated indices trading.
- Provide statements of transaction history & a summary of profits/losses.
This is a free indices platform that is provided for by online indices brokers. You can download the software from online brokers web sites, once you download it, you should then setup & install the platform on a Desktop computer which has an inter net connection and then connect to your stock indices broker and start receiving realtime quotes.
The Meta Trader 4 online indices software which is also referred to as Meta Trader 4, is designed to provide technical tools that can be used by Indices traders to make buy or sell decisions. This indices software provides online quotes and streaming data about stock indices price movement drawn in the form of stock indices price charts. This info is delivered direct to the Meta Trader 4 software interface. This information that is delivered in form of real-time quotes is then interpreted using technical analysis tools which are provided for within this online platform.
The MT4 has different window & chart panels, each designed to deliver a different type of market info, beginning with the exchange rate quotes used to draw indices trading graphs to the stock indices trading market data window, toolbars for attaching indicators & main menu bar used to navigate the platform.