Getting Started with MT4 Gold Trading Platform

The following tutorials explain how to use the MT4 platform, each tutorial is accompanied by numerous screen shots so as to help traders to understand the concepts explained and make it easier to learn about this online gold trading platform.

Introduction

• Gold Trading Platform Introduction
• Installing MT4 Online Gold Trading Platform

File

• Opening a Demo Account Procedure
• Open a Gold Chart
• Opening Offline Chart
• Opening a Deleted Chart
• Saving a Profile
• Login to an Account
• Printing Gold Charts

View

• Changing Language
• Tool Bars
• Connection Bars
• Charts Bar
• Market Watch Window
• Data Window
• Navigator Window
• MetaTrader 4 Terminal Window
• Gold 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 Gold Chart
• Line Gold Chart
• Candlesticks
• Time frames - Periodicity
• Saving a Template
• Grid, Volumes, Auto Scroll and Shift
• Zoom in, Zoom Out and 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 Toolbars
• Standard Toolbar
• Line Studies Toolbar
• Periodicity Toolbar

Advanced Topics

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

How to Place Gold Indicators

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

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

The screenshot below shows the user interface of the MetaTrader 4.

MetaTrader 4 platform Workspace

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

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

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

This is a free gold trading software that is provided for by online gold brokers. You can download the platform from online brokers websites, once you download it, you should then install the platform on a computer that has an internet connection and then connect to your xauusd trading broker and start receiving streaming quotes.

The MT4 online gold trading platform which is also known as MetaTrader 4, is designed to provide technical tools that can be used by Gold traders to make buy or sell decisions. This gold trading platform provides online quotes and streaming data about xauusd price movement drawn in the form of xauusd price charts. This information is delivered directly to the MT4 platform interface. This information that is delivered in the form of real time quotes is then analyzed using the technical tools provided for within this online trading platform.

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