Trade Gold Trading

Getting Started with MetaTrader 4 XAUUSD Platform

The following guides explain how to use the MetaTrader 4 platform, each guide is accompanied by numerous screen-shots so as to help beginners to understand the concepts described & make it easier to learn about this online trading platform.

Intro

File

View

Insert

Charts

Tools

Windows Menu

Help Menu

ToolBars

Advanced Courses

Gold Broker

How Do I Place Indicators

The Meta Trader 4 is part of the online market. The MetaTrader 4 software is installed on a client's computer.

The screenshot below shows the user inter-face of the MetaTrader 4.

MetaTrader 4 XAUUSD Platform Tutorial - How Do I Learn MT4 Platform? - MT4 Guides

MetaTrader 4 software Workspace

According to trading platforms reviews, MT4 is the most widely used gold platform. This is because it is easy to learn & can do the following tasks.

The MT4 software is installed on a trader's PC computer and it's intended to do the following:

  • Plot graphical Data about the exchange rates in form of a grid/trading chart
  • Receive streaming exchange quotes from the brokers
  • Perform gold trading transaction operations: buying and selling
  • Show the open trading transactions & orders within the trading software work-space
  • Perform technical analysis
  • Testing of strategies on practice practice trading accounts
  • Coding of custom technical indicators & Expert-Advisors for the purpose of automated gold trading.
  • Provide statements of transaction history and a summary of the profits and losses.

This is a free platform that is provided for by online brokers. You can download the trading software from brokers sites, once you download it, you should then setup & setup the platform on a Desktop PC computer which has an inter net connectivity and then connect to your broker and begin receiving realtime quotes.

The Meta Trader 4 online trading software which is also known as MT4, is made to provide technical tools which can be used by traders to make buy or sell decisions. This gold software provides quotes & streaming data about price movement plotted in the form of trading price charts. This info is delivered directly to the MT4 software interface. This information that is delivered in the format of real time quotes is then analyzed using technical tools provided within this trading platform.

The MT4 has different window and chart panels, each made to deliver a different type of market info, starting with the exchange rate quotes used to draw trading graphs to the market data panel window, toolbars for attaching technical indicators & the main menu bar used to navigate the trading platform.

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