Learn MT4 Platform
The following tutorials explain how to use the MetaTrader 4 software, each guide is accompanied by numerous screen-shots so as to help traders to understand concepts explained & 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
- Login to an Account
- Printing Indices Charts
View
- Changing Language
- Tool Bars
- Connection Bars
- Charts Bar
- Market Watch Window
- Data Window
- Navigator Window
- MT4 Terminal Window
- Trading Strategy Tester
Insert
- Indicators Insert Menu
- Insert Line Studies
- Placing Channels
- Gann Lines
- Placing Fibonacci Lines
- Insert Shapes
- Placing Arrows
- Insert Andrew's Pitchfork, Cycle Lines, Text Label
Charts
- Indicators List
- Objects List
- Bar Chart
- Line Stock Indices Chart
- Candlesticks
- Time frames - Periodicity
- Saving a Template
- Grid, Volumes, Auto Scroll and Shift
- Zoom in, Zoom Out & Indices Trading Step by Step
- Setting Properties
Tools
- Place New Order
- History Center on Tools Menu
- Options Settings
- MetaEditor Custom Indicators
- MetaEditor Expert Advisors
Window Menu
Help Menu
Toolbars
Advanced Topics
- MQL5 Signals - Copy Top MetaTrader 4 Traders
- Advantages MQL5 Signals
- Signal Seller Advantages
- MQL5 Indices Expert Advisors
How to Place 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
- Moving Average Envelopes
- Moving Average Indicator
- Moving Average Oscillator
- On Balance Volume
- Parabolic SAR
- Relative Strength Index
- Relative Vigor Index
- Standard Deviation
- Stochastic Oscillator Indicator
- Volumes
- Williams Percentage Range
- Zigzag
The MT4 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.
MetaTrader 4 platform Workspace
According to indices platforms reviews, MT4 is the most widely used indices platform. This is because it is easy to learn & can do the following tasks.
The MT4 software 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 and selling
- Show the open indices trading transactions & orders within indices platform workspace
- Perform technical analysis
- Testing of strategies on practice practice stock indices accounts
- Coding of custom indicators & Expert Advisors 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 platform 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 & begin receiving streaming quotes.
The MetaTrader 4 online indices platform which is also referred to as MT4, 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 price movement drawn in the form of price charts. This information is delivered direct to the MT4 platform 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 trading platform.
The MT4 has different window & chart panels, each designed to deliver a different type of market information, starting 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.
