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
- Signing-up a Demo Trading Account Procedure
- Open a Chart
- Opening Offline Chart
- Opening Deleted Chart
- Saving a Profile
- Log In to an Trading Account
- Printing Charts
View
- Change Language
- ToolBars
- Connectivity Bars
- Charts Bar
- Market Watch Window
- Data Window
- Navigator Window
- MetaTrader 4 Terminal Window
- Trading Strategy Tester
Insert
- Indicators Insert Menu
- Insert Line Studies
- Placing Channels
- Gann Lines
- Placing Fib Lines
- Insert Shapes
- Placing Arrows
- Insert Andrew's Pitchfork, Cycle Lines, Text Label
Charts
- Indicators Listing
- Objects List
- Bar Chart
- Line Chart
- Candlesticks
- Timeframes - Periodicity
- Saving Template
- Grid, Volumes, Auto Scroll & Shift
- Zoom in, Zoom Out & XAUUSD Step by Step
- Setting Chart Properties
Tools
- Open New Order
- History Center in Tools Menu
- Options Settings
- MetaEditor Custom Technical Indicators
- Meta Editor Expert-Advisors
Windows Menu
Help Menu
ToolBars
Advanced Courses
- MQL5 Signals - Copy Top MT4 Traders
- Benefits MQL5.com Signals
- Signal Seller Benefits
- MQL5 XAUUSD Expert-Advisors
How Do I Place Technical Indicators
- Accelerator Oscillator Indicator
- Accumulation Distribution
- Alligator
- ADX
- Average True Range Technical Indicator
- Awesome Oscillator
- Bears Power
- Bollinger Bands
- Bulls Power
- Commodity Channel Index
- Demarker
- Force Index
- Fractals
- Gator Oscillator Indicator
- Heiken Ashi
- Ichimoku
- MACD
- Market Facilitation Index
- Momentum
- Money Flow Index
- MA Envelopes
- Moving Average Indicator
- MA Oscillator
- OBV
- Parabolic SAR
- RSI
- Relative Vigor Index
- Standard Deviation
- Stochastic Oscillator Technical Indicator
- Volumes
- Williams Percentage Range
- Zig zag
The MetaTrader 4 is part of the online trading market. The MetaTrader 4 software is installed on a client's computer.
The screenshot below shows the user interface of the MetaTrader 4.
MetaTrader 4 software Workspace
According to trading softwares 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 exchange rates in the format 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 trading analysis
- Testing of strategies on practice practice trading accounts
- Coding of custom technical indicators & EAs for the purpose of automated gold trading.
- Provide statements of transaction history and a summary of the profits and losses.
This is a free platformsoftware platform that's 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 MetaTrader 4 online trading software which also is known as MT4, is made to provide trading tools that can be used by traders to make buy/sell decisions. This gold software provides quotes & streaming information about price movement plotted in the format 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 panel window and chart panels, each designed to deliver a different type of market info, starting with the exchange rate quotes used to draw trading graphs to the market information window panel, toolbars for attaching technical indicators & the main menu bar used to navigate the trading platform.
More Lessons and Topics:
- Periodicity Toolbar Menu for MT4 XAU USD Charts
- What's XAU USD Margin Call in Gold?
- Examples of Types of Gold Trend-lines used in Gold Trend Trading
- No Nonsense XAUUSD ADX Indicator Tutorial Guide
- Which is the Best XAUUSD Leverage for $300?
- How Can I Trade a Gold Symbol in MetaTrader 5?
- How Can I Trade a Gold Symbol in MetaTrader 5?
- How to Choose Your Gold Style Tutorial Course for Different XAUUSD Traders
- Tutorial of How to Use Fibo Pullback in MT4 Trade Platform
- How Can I Trade an Upwards Gold Trend?
