Best Online Trading Platform
The best energies trusted trading platform software is the MT4 Energies Trading software. This trading software is one of the most common trading platform that's used almost by every trader as well as almost every online broker.
In this learn MT4 trading platform tutorial we shall explain the MetaTrader 4 Interface so that beginner traders wanting to begin learning this Energies Trade charting software, can then start from this tutorial.
Best Online Platform - MT4 Energies Platform Workspace - Energies Trading Trusted Trading Platforms
From the above screenshot of the this platform MT4 trading software there are several toolbars as well as chart windows.
You can download this online trading platform from your broker's website. Now after you download platform, then you'll need to know one or 2 things about this trading platform:
The first thing is how to install this trading platform after you download. For example if you download the Meta Trader 4 trading platform, you'll need to go to a broker first, register for a demo practice account then after you register for a demo account you'll be provided with a link where to download the MT4 trading platform.
Now once you download this trading software, assuming you don't know much about Desktop computers, Open your Web Browser >>> Go to tools on top left corner of your browser next to "file", "edit", "view" menus click on tools, select download file location, (shortcut: once you open your browser click CTRL+J or CTRL+Y), a download pop up will pop-up with links to downloaded items. Select the software that you've just downloaded.
Installing MT4 Energies Trading Platform
To install this software after you have downloaded, launch the download from where you downloaded, from there an installation pop up wizard pops up and all you have to do is to follow the installation instructions. After setup the software will run automatically just like any other software. Read tutorial How to install MetaTrader 4 trading platform.
You can open the MT4 trading platform from the start menu>>> Programs or from desktop shortcut that appears as a desk-top icon marked MetaTrader 4 after installation.
Demo Trading Account Opening and Login
To open an account on MT4 just click on "file" and then on open an account, to login to an account just click on "file" at the top right corner and click login from the drop down menu that appears.
Once yousign in to the trading platform you will get access to charts and other technical analysis tools such as technical indicators that you'll then use to place trades within the market while connected to your trading broker's servers.
Energies Trading Platform Menu Bars and Tool Bars
Menu Bar in MT4 For Navigating within the Software
Menu bar is used to operate and navigate this trading software from single panel. From this panel you can set how to view tool-bars, chart, data windows and even use the file tab to open a trading account - and also login to your platform account.
Form the menu bar you can click on view tab and select toolbars like in the above pictured screenshot, these menu bars can be used to set up trading platform charts, indicators, time frames, & others things like drawing trendlines & Fibo retracement areas & Fibo expansion levels. To learn how to customize this platform software navigate to this MT4 Energies Trading Platform Lesson Section.
Now that we have looked at the toolbar and menu bar, we shall look at the main workspace interface of the MT4 trading platform.
Best Online Trading Platform
Market Watch window - This window is used to show a stream of the exchange rates that is obtained from your broker. In this market watch window you can right click anywhere on this window to select show all energies instruments or hide the ones you are not interested in and save some bandwidth at the same time. No need to have prices for 50 energies instruments if you are only interested 4 energies instruments.
Data Window - Used to setup Indicators, Expert Advisors & scripts, you can click on any of this menu sub items & expand/collapse the technical indicators or Expert Advisors used for automated trading.
Charts Panel - This is where price moves will be drawn.
Charts Tab - Navigation from one energies instrument to another is easy, just flip through the trading charts tab as pictured above.
Terminal - This window is used to display a statement of your trades, profits & loses that you have made in your live trading account or demo trading account. To enlarge this window & view the open trades, just hover the mouse on terminal tool bar until cursor pointer changes, click & hold down mouse button key & then move cursor pointer upwards.
Connection bars - These are used to explain the connection to the internet, red bars means no internet connection, green bars explain there's internet connection.
Exchange Rates Graph - this displays the exchange rates for the energies instruments that you are trading so that to display if the exchange rate is going upwards or downwards.
Advantages of MT4 Trading Platform
In the online market there are many trading platforms available around the internet. But among the top trading platforms best trading software is the MT4 trading platform, it is the best Trade software because of the following reasons:
Low Bandwidth Connection Requirement
Not everyone can afford the best internet connection, the T1, the satellite, ADSL or Fiber Optic internet connection; furthermore, these aren't readily available to some residential areas & may be limited to office buildings. This is why it is best to select a trading platform that requires the minimum band width, the MT4 energy trading platform. Even with the best connection, sometimes the connection may not be available & you may need to use an alternative connection like the dial up or modem. MT4 trading software is the least expensive if you are on a modem. To even reduce further the inter-net band width usage go to market watch (Shortcut press CTRL+M), RightClick on any energies instrument, Choose "Hide all", now the trading platform will only stream the price quotes for the pairs you only need & conserve your bandwidth even further. Especially when using a phone or i Pad or a Tablet where you are paying for phone credit data this can save your data credit. This is one of the reason why the Meta Trader 4 trading software is considered as one of the best trading platforms online.
The easier it is to connect the easier it is open and close trades on time.
Provided by all Brokers
Another reason why this Energies Trading software is considered as one of the best trading software is because MT4 is liked by most traders all brokers provide it. Once as a learns the MT4 trading software there's no need to re-learn when you switch to another trading broker. You can still use the same Meta Trader 4 of the new broker without the need to learn a new trading platform all over again.
Easy Analysis
The other thing that makes this the best trading software is the ease with which you can set up the technical analysis technical indicators on the charts. Even those using various web traders will do their technical analysis in the Meta Trader 4 platform and then place their orders on their web trader.
Technical traders can also setup custom technical indicators on this software, making it easier to add more technical analysis tools onto this trading platform. Others also install automated Expert Advisors on this trading platform so as to trade automatically with these programs known as automated EA Energies Bots.
Best Charts
The Meta Trader 4 has the best trading platform charts representations available and implements many chart timeframes from which a can choose.
Simplicity
Overall the simplicity of this platform software & the fact that any investor can learn how to use Meta Trader 4 trading platform within one hour makes this the best trading software for new and experienced traders.
According to trading software reviews of the top trading platforms MetaTrader 4 is the best platform - Energies Trading Trusted Platforms MetaTrader 4 Energies Trading Platforms. Therefore, traders looking for what is the best trading platform can start trading with the MT4 Energies Trading software - Energies Trading Trusted Trading Platforms - as it is the best trading platform software and it is very easy to learn.