Standard Toolbar Menu and How to Customize it on MT4
The Standard Toolbar on the MT4 is shown below:
Before explaining how to use each tool listed on this standard tool-bar, let's make sure that all the available buttons are added to it by customizing it:
- Right-Click on the tool-bar customize button to the left as displayed below
2. Click customize 3. Add all Tools
Add Tools
After Adding & customizing, it'll look like:
On the platform, the standard tool-bar now looks like:
Explanation of Each Trading Tool on the Standard Toolbar
1: Opens a stock indices chart in MetaTrader 4 and a trader can specify which type of chart to open by clicking the drop down arrow 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 and closing market watch window panel: market watch displays the indices trading quote indices trading prices for selected indices instruments.
4: Data window opens & closes and it displays stock indices trading price data as well as other data like indicator's data.
5: Navigator Short-cut, navigator displays Account information, indicators, scripts & Expert Advisors data.
6: Terminal panel shortcut, displays the transactions opened by a trader - shows open trades, balance, account equity, transaction history, news, Expert Advisors tab, signals tab and trade alerts tab.
7: Strategy tester opens the Indices Strategy Tester & traders can test their Expert-Advisors on this Indices Strategy Tester environment.
8: Places a new order by opening a popup panel where as a trader you can specify the indices instrument to buy, the amount to trade, and if the order will be a market order or set as a pending stock indices trade order.
9: MetaEditor opens the Meta-Editor environment where a trader can add or program an EA or a new indicator in this Meta-Editor 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 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 stock indices chart, clicking this button changes color from green to red, green color means Expert Advisor is allowed, red means Expert Advisor execution not allowed.
Remove Buttons
As a trader you will not require all these buttons & you can hide some of them by clicking customize (shown above), then choose some of the items on the right side panel & then choose hide.
Remove the above tools by clicking on them and clicking remove button key.
