Standard ToolBar Menu & How to Customize it on MT4
Standard Tool-Bar on the MT4 is illustrated below:
Before explaining how to use each tool listed on this standard tool-bar, let us ensure all the available buttons are added to it by customizing it:
- Right-Click the tool-bar customize button to the left as illustrated below
2. Click customize 3. Add all Tools
Add Tools
After Adding and customizing, it'll look like:
On the trading software, the standard tool bar now looks like:
Explanation of Each Tool on the Standard Toolbar
1: Opens a chart in MT4 and a stock index trader can specify which type of trading chart to open by clicking drop down arrow just next to its icon.
2: Profile - can be used to load a saved profile or to save a new profile: these options are provided as a sub-menu from the drop-down arrow.
3: Opening & closing market watch window panel: marketwatch displays the trading quote trading prices for chosen instruments.
4: Data window opens & closes and it displays price data & also the other data like indicator's data.
5: Navigator Short Cut, navigator displays Trading Account data, indicators, scripts & Expert Advisors data.
6: Terminal panel shortcut, displays the transactions opened by a indices trader - shows open trades, balance, account equity, transaction history, news, Expert Advisors tab, signals tab and trade alerts tab.
7: Strategy tester opens the Strategy Tester & traders can test their Expert Advisors on this Simulator environment.
8: Places a new trade order by opening a pop-up window panel where as a stock index trader you as a trader can specify the instrument to buy, the amount to trade, & if the order will be a market order or set as a pending stock trade order.
9: MetaEditor opens the Meta-Editor environment where a trader can add or program an Expert Advisor or a new trading indicator in this MetaEditor Environment.
10: Help, if you don't know something on MT4 click on this & point on any MT4 object & get an explanation.
11: Options settings for editing MetaTrader 4 options that are used by your platform, these settings are the server settings & Expert Advisors settings found under main navigation menu on tools menu, options sub menu.
12: Full screen option for setting the trading chart to full screen option, Short-cut is Key-board Key 'F11'
13: Print Chart
14: Print Preview
15: Expert Advisors - activates and deactivating Expert Advisors on a chart, clicking on this button changes color from green to red, green color means EA is allowed, red means Expert Advisor execution not allowed.
Remove Buttons
As a trader you will not require all these buttons and you as a trader can hide some of them by clicking customize (shown above), then choose some of the items to the right side window & then choose hide.
Remove the above tools by clicking on them and clicking remove button.
Study More Lessons and Tutorials and Tutorials:
- How Can I Find GER 30 in MT4 iPhone Trade App?
- Placing Channels in Stock Index Charts in MT4 Software Platform
- How Can I Add SPAIN35 on MT4 Android Trade App?
- Stock Index Register for a Real Account Indices
- Example of How to Know When a Indices Down Trend is Starting
- Fib Extension Settings
- Stock Index Day Stock Index Candle Patterns Course Tutorial
- Back-Testing Index Strategies
- Developing a Indices Trade System: Indicator Based Stock Index Trading Strategy
