Getting Started with MetaTrader 4 XAUUSD Trading 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 gold trading platform.

Introduction

• Trading Platform Introduction
• Installing Meta Trader 4 Online Trading Platform

File

• Opening a Practice Account Procedure
• Open a Chart
• Opening Offline Chart
• Opening a Deleted Chart
• Saving a Profile
• Sign In to an Account
• Printing Charts

View

• Changing Language
• Tool Bars
• Connection Bars
• Charts Bar
• Market Watch Window
• Data Window
• Navigator Window
• MT4 Terminal Window
• Trading 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 Chart
• Line Chart
• Candlesticks
• Time Frames - Periodicity
• Saving a Template
• Grid, Volumes, Auto Scroll and Shift
• Zoom in, Zoom Out & Gold Trading Step by Step
• Setting Properties

Tools

• Place New Order
• History Center on Tools Menu
• Options Settings
• MetaEditor Custom Indicators
• MetaEditor Expert-Advisors

Window Menu

• Charts Window Menu

Help Menu

• Help Menu

Tool Bars

• Customizing Layout
• Charts Tool Bars
• Standard Tool Bar
• Line Studies Toolbar
• Periodicity Tool Bar

Advanced Courses

• MQL5 Signals - Copy Top Meta Trader 4 Traders
• Advantages MQL5 Signals
• Signal Seller Advantages
• MQL5 Gold Expert-Advisors

How to Place XAUUSD Indicators

• Accelerator Oscillator
• Accumulation Distribution
• Alligator
• ADX
• Average True Range Indicator
• Awesome Oscillator
• Bears Power
• Bollinger Band Indicator
• Bulls Power
• Commodity Channel Index
• Demarker
• Force Index
• Fractals
• Gator Oscillator
• Heiken Ashi
• Ichimoku
• MACD
• Market Facilitation Index
• Momentum
• Money Flow Index
• MA Envelopes
• MA Indicator
• MA Oscillator
• On Balance Volume
• Parabolic SAR
• RSI
• Relative Vigor Index
• Standard Deviation
• Stochastic Oscillator Indicator
• Volumes
• Williams Percentage Range
• Zigzag

The Meta Trader 4 is part of the online market. The MT4 software is installed on a client's computer.

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

MetaTrader 4 trading software Workspace

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

The MT4 platform is installed on a trader's PC computer & 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 gold trading transactions & orders within the gold trading software work-space
• Perform technical analysis
• Testing of strategies on practice practice trading accounts
• Programming 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 gold platform that is provided for by online gold brokers. You can download the trading software from online 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 gold trading software which is also known as MT4, is designed to provide technical tools that can be used by traders to make buy or sell decisions. This gold platform provides online quotes & streaming data about price movement plotted in the form of trading price charts. This info is delivered directly to the MT4 trading software interface. This information that is delivered in the format of real time quotes is then interpreted using technical tools provided for within this online trading platform.

The MT4 has different window & chart panels, each designed to deliver a different type of market info, starting with the exchange rate quotes used to draw gold trading graphs to the market data window, tool bartool--bars for attaching technical indicators & the main menu bar used to navigate the trading platform.