Getting Started With MetaTrader 4 Metal Software
The following guides explain how to use the MT4 metal trading platform, each lesson is accompanied by numerous screen shots so that to help traders to understand the concepts explained & make it easier to learn about this online metals trading platform.
Introduction
File
- Opening a Demo Account Procedure
- Open a Metals Chart
- Opening Offline Chart
- Opening a Deleted Chart
- Saving a Profile
- Login to an Account
- Printing Metals Charts
View
- Changing Language
- Tool Bars
- Connection Bars
- Charts Bar
- Market Watch
- Data Window
- Navigator
- MT4 Terminal Window
- Metals 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 Metals Chart
- Line Metals Chart
- Candlesticks
- Time frames - Periodicity
- Saving a Template
- Grid, Volumes, Auto Scroll and Shift
- Zoom in, Zoom Out & Metals Trading Step by Step
- Setting Properties
Tools
- Place New Order
- History Center on Tools Menu
- Options Settings
- MetaEditor Custom Indicators
- MetaEditor EAs
Window Menu
Help Menu
Tool-Bars
Advanced Topics
- MQL5 Signals - Copy Top MT4 Traders
- Advantages MQL5 Signals
- Signal Seller Advantages
- MQL5 Metals Expert-Advisors
How to Place Metal Technical Indicators
- Accelerator Oscillator
- Accumulation Distribution
- Alligator
- ADX
- Average True Range Indicator
- Awesome Oscillator
- Bears Power
- Bollinger Bands Indicator
- 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 Indicator
- Moving Average Oscillator
- On Balance Volume
- Parabolic SAR
- RSI
- Relative Vigor Index
- Standard Deviation
- Stochastic Oscillator Indicator
- Volumes
- Williams Percentage Range
- Zigzag
The MetaTrader 4 is part of the online metal market. The MT4 software is installed on a client's computer.
The screenshot below shows user interface of the MT4.
MT4 metal software Workspace
According to metals trading platforms reviews, MT4 is the most widely used metals platform. This is because it is easy to learn and can do the following tasks.
The MT4 metals trading software is installed on a metals trader's computer Desktop PC & it is intended to do the following:
- Plot graphical Information about exchange rates in form of a grid/trading chart
- Receive streaming exchange quotes from the metals trading brokers
- Perform metals trading transaction operations: buying & selling
- Show the open metals trading transactions & orders within the metals trading platform workspace
- Perform technical analysis
- Testing of strategies on practice practice metal trading accounts
- Coding of custom indicators & EAs for the purpose of automated metals trading.
- Provide statements of transaction history & a summary of profits/losses.
This is a free metals software which is provided for by online metals trading brokers. You can download the platform from online brokers websites, once you download it, you should then setup and setup the platform on a Desktop PC computer which has an inter net connectivity & then connect to your metal trading broker & start receiving streaming quotes.
The MT4 online metals trading platform which is also known as MT4, is designed to provide technical tools that can be used by Metals traders to make buy or sell decisions. This metals trading software provides online exchange quotes and streaming data about metals price movement drawn in the form of metals price charts. This information is delivered directly to the MT4 metal software interface. This information that is delivered in the form of realtime quotes is then interpreted using the technical analysis tools that are provided for within this online trading platform.
The MT4 has different window and chart panels, each designed to deliver a different type of market data, starting with the exchange rate quotes used to draw metals trading graphs to the metal market data panel, toolbars for attaching technical indicators & the main menu bar used to navigate the platform.
