Learn MetaTrader 4 CFDs Software
The following guides explain how to use the MetaTrader 4 cfds trading platform, each guide is accompanied by numerous screen shots so as to help traders to understand the concepts explained & make it easier to learn about this online cfd trading platform.
Introduction
File
- Opening a Practice Account Procedure
- Open a CFDs Chart
- Opening Offline Chart
- Opening a Deleted Chart
- Saving a Profile
- Login to an Account
- Printing CFDs Charts
View
- Changing Language
- Tool Bars
- Connection Bars
- Charts Bar
- Market Watch
- Data Window
- Navigator
- MT4 Terminal Window
- CFD 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 CFDs Chart
- Line CFDs Chart
- Candlesticks
- Time frames - Periodicity
- Saving a Template
- Grid, Volumes, Auto Scroll and Shift
- Zoom in, Zoom Out & CFD 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
Tool-Bars
Advanced Topics
- MQL5 Signals - Copy Top MetaTrader 4 Traders
- Advantages MQL5 Signals
- Signal Seller Advantages
- MQL5 CFDs Expert Advisors
How to Place CFDs Trading Indicators
- Accelerator Oscillator
- Accumulation Distribution
- Alligator
- ADX
- Average True Range Technical Indicator
- Awesome Oscillator
- Bears Power
- Bollinger Bands Technical Indicator
- Bulls Power
- CCI
- Demarker
- Force Index
- Fractals
- Gator Oscillator
- Heiken Ashi
- Ichimoku Kinko Hyo Technical Indicator
- MACD
- Market Facilitation Index
- Momentum
- Money Flow Index
- Moving Average Envelopes
- Moving Average Technical Indicator
- Moving Average Oscillator
- On Balance Volume
- Parabolic SAR
- Relative Strength Index
- RVI
- Standard Deviation
- Stochastic Oscillator Technical Indicator
- Volumes
- Williams Percentage Range
- Zigzag
The MetaTrader 4 is part of the online cfds market. The MT4 software is installed on a client's computer.
The screenshot below shows the user inter-face of MT4.
MT4 cfds software Workspace
According to cfd trading platforms reviews, MT4 is the most widely used cfd platform. This is because it's easy to learn and can do the following tasks.
The MetaTrader 4 platform is installed on a cfd trader's Desktop PC computer and it is intended to accomplish the following:
- Plot graphical Data about exchange rates in form of a grid/chart
- Receive streaming exchange quotes from the cfds trading brokers
- Perform cfd transaction operations: buying and selling
- Show the open cfd transactions and orders within the cfd trading platform workspace
- Perform technical analysis
- Testing of strategies on practice practice cfd accounts
- Programming of custom indicators and Expert-Advisors for the purpose of automated cfd.
- Provide statements of transaction history & a summary of profits/losses.
This is a free cfd software which is provided for by online cfds trading brokers. You can download the platform from online brokers websites, once you download it, you should then setup & setup the platform on a Desktop computer that has an internet connectivity & then connect to your cfd broker and begin receiving streaming quotes.
The MT4 online cfd trading platform which is also referred to as MT4, is designed to provide technical tools that can be used by CFD traders to make buy or sell decisions. This cfd trading platform provides online exchange quotes and streaming data about cfds price movement drawn in the form of cfds price charts. This information is delivered direct to the MetaTrader 4 cfds software interface. This information that is delivered in form of realtime quotes is then interpreted using the technical tools which are provided within this online trading platform.
The MT4 has different window and chart panels, each designed to deliver a different type of market data, starting with the exchange rate quotes used to draw cfd graphs to the cfd market data panel, toolbars for attaching indicators and the main menu bar used to navigate the platform.
