Learn How to Use MT4 Commodity Platform Guide

How Do I Use Commodities Trading MT4 Learn Commodity Platform Tutorial?

To start commodity with the MT4 commodities trading platform, you need to follow the steps listed below:

Download MetaTrader 4 Commodities Trading Platform

Setup MetaTrader 4 Commodities Trading Platform on Your PC.Open a commodities trading account on the MT4 platform. Log in to the MT4 Commodity Trading Account with your commodity account login credentials Open Commodities Charts & place Commodities Trades using the MT4 Commodity Trading Platform.

Commodity Trading Open a MT4 Commodity Trading Account

After you Download MT4 Commodity Trading Platform from your commodity broker you will then need to open a MT4 Commodity Trading Account to trade with.

Commodity Trading Open a Demo Account using MT4 Commodity Trading Platform

1. Download MT4 Commodities Software - MT4 Commodity Trading Platform.
2. Setup the MetaTrader 4 Commodity Trading Platform.
3. Open the MetaTrader 4 Commodities Trading Platform.
4. Enter the Log in Details: Account Name & Password for the Demo Trade Account
5. Open Commodities Charts & start practice trading.
6. If you do not have a commodity trading practice account you can register for a demo trade account using File menu, Click the New Demo Account Registration and enter your details and sign up for an MT4 commodities trading account.

Commodity Open a Real Account on MT4 Software

1. Download MetaTrader 4 Commodities Trading Platform
2. Setup MT4 Commodity Trading Platform on your PC Computer.
3. Open the MT4 Commodity Trading Platform on your PC Computer.
4. Click on the File Menu and Select Open an Account.
5. Choose The Real Trading Account Option.
6. Fill in the real commodity account opening form.
7. Enter you commodity account login details for the Demo practice account.
8. Trade Commodity Trading instruments from the free MT4 commodity charts provided.

Trading Commodities Start Trading on MT4 Software

The following screenshot below shows the main MetaTrader 4 commodities software inter-face. As a beginner commodity trader trying to learn how to execute commodity orders in the online commodity market, the main tool for trading the online commodity market is the MT4 commodities trading platform software. This is the software which you will connect to your online commodities trading broker and execute commodity trade transactions & monitor your commodity account balance from this commodities MetaTrader 4 software software.

The MT4 commodities trading platform is provided for free through the various Commodities broker websites. This MetaTrader 4 platform looks like the commodity example illustrated and explained below:

Learn How to Use MetaTrader 4 Commodity Trading Platform Guide - Learn How to Use MT4 Commodity Trading Software Guide - How to Use MT4 Commodity Trading Software

The Main Areas of this MetaTrader 4 commodities trading software as illustrated above are:

1. Navigation Menus
2. Toolbars
3. Chart Window
4. Navigator Window
5. Market Watch Window
6. Terminal Window
7. Connection Bars

For this MetaTrader 4 guide we shall look at a brief introduction for each of these how to use MT4 tutorials:

1. Navigation Menus

The navigation menus are:

1. File
2. View
3. Insert
4. Charts
5. Tools
6. Window
7. Help

These are the main navigation menus which can be used to navigate MetaTrader 4 platform. As a commodity beginner trader you can start by clicking on any of these navigation menus to familiarize yourself with the various buttons that are arranged as sub-menus within these navigation menus.

These navigation menus will be discussed in details in the next MT4 tutorial for beginners about navigation menus.

2. Tool-Bars

This how to trade in MetaTrader 4 explains the tool bars are used to manipulate charts, either by placing technical indicators, line studies, change commodity chart time frames and load an MT4 template from a list of saved templates.

These MT4 commodity trading tool bars will be discussed on other how to use MT4 commodity guides that will outline each button on this tool-bar & how to add and customize these toolbars.

3. Chart Window Panel

This is the main area where commodities trading charts are displayed and a trader can interpret the market trend direction of a commodity chart whether up or down, place MT4 indicators on MT4 commodity charts for technical analysis and even place orders from these commodities charts.

4. Navigator

Navigator MT4 tutorial will contain information about commodity accounts, whether demo MT4 commodity account or real MT4 commodity account, this window will also have a list of all the MT4 commodities trading technical indicators as well as EAs and scripts.

A trader can choose which Commodity Trading account to login to by expanding the Accounts menu, choose an indicator by expanding the technical indicator menu or choose an Expert Advisor by expanding the EA menu.

5. Market Watch

Market watch commodity MT4 tutorial - Market watch is used to show streaming quotes for commodity. This panel can list as many quotes provided by your Commodities broker or a few which are selected by a commodity trader. To save inter-net band width, right-click inside the commodity market watch window panel & select 'Hide All', so as to hide the trading instruments that you are not trading & save on inter-net band width.

6. Terminal

This is the panel that's like the bank account trade area for your commodity trade transactions, on this window you can view your commodity account balance, commodity profit & losses statement, commodity equity, commodity margin used also retrieve a copy of all your commodity transactions history.

This will also list all open commodity trade transactions and calculate all the profit and loss in realtime as the commodity trading instruments move upwards or downward.

7. Connection Bar

Red bars are for no connection, green bars show that there's connectivity to the servers & commodity trade orders can be set. These connection bars should always be green when one is logged into their MetaTrader 4 practice commodity account or MT4 live commodities trading account.

These main areas form the MT4 Commodity Trading Platform interface & will be the main areas to be covered in detail in next learn commodities trading MT4 platform tutorials. For now it's best to download MT4 software and familiarize yourself with the software interface.

Why Commodities Platform is Required for Placing Commodities Trading Symbol Trade trades with Brokers

Commodities software is the software which is used to access the commodity market & analyze these commodity trading instruments using technical analysis commodity charts. There are various reasons why a trader requires to use a good commodity platform. A good commodity platform can determine if a as a trader you make profit or not.

So why does a trader need a good Commodities platform:

To connect to the Trading Server:

To open a order one needs to use a commodity platform which will connect to the trading servers of their broker & allow them to open & close orders. Good commodity platforms will connect with ease to the brokers' servers & allow commodities traders to place orders at any time from their PC desktop computer.

To analyze commodities charts & commodity trading instruments using technical analysis

To place a buy or sell commodity order a trader needs to first interpret the direction of commodity. This is why all good commodity platforms provide technical commodity tools such as commodities price charts, technical indicators & various different chart time-frames from which a trader can analyze commodities price moves using the chart timeframes of their choice.

How Do I Use Commodities Trading MT4 Learn Commodity Platform Tutorial?

From above MetaTrader 4 commodities trading platform inter-face, the summary of all data required by a trader is provided on this MetaTrader 4 commodities software interface

• Connection - connection to the commodities trading expert broker servers
• Commodities Charts - commodities price graphs that display commodities prices
• Toolbars - toolbars to add technical analysis tools and technical analysis commodities trading indicators
• Market Watch - for displaying available commodity trading instruments
• Data window - provides commodities trading account data & other commodities technical indicator data
• Exchange rates - shows current market commodities price of a commodity trading instrument
• Menu bar - Shows all menu items on the platforms

How Do I Use Trading MT4 Commodity Software Tutorial? - Commodity Trading Account MT4 Commodity Trading Platform Download

Learn How to Use MT4 Commodities Trading Platform Guide - Learn How to Use MT4 Commodity Trading Platform Guide - How to Use MT4 Commodities Trading Software