Standard Toolbar Menu and Customizing it on MT4 Software
The Standard Toolbar on the MT4 is shown below:
Before explaining how to use each tool listed on this standard tool-bar, let's make sure that all the available buttons are added to it by customizing it:
- Right Click on the toolbar customize button key to the left as shown below
2. Click customize 3. Add all Tools
Add Tools
After Adding & customizing, it will look like:
On the platform, the standard tool-bar now looks like:
Explanation of Each Metal Tool on the Standard Tool bar
1: Opens a metals chart on the MT4 and a trader can specify which type of chart to open by clicking the drop-down arrow next to its icon.
2: Profile - can be used to load a saved chart profile or to save a new chart profile - these options are provided as a sub-menu from the drop-down arrow.
3: Opening & closing market watch window panel: market watch displays the quote prices for selected trading instruments.
4: Data window panel opens and closes and it displays metals price information as well as other information like indicator's information.
5: Navigator Shortcut, navigator displays Account data, indicators, scripts and Expert-Advisors data.
6: Terminal window shortcut, displays the transactions opened by a trader - shows open trades, balance, account equity, transaction history, news, EAs tab, signals tab and trade alerts tab.
7: Strategy tester opens the Metals Trading Strategy Tester and traders can test their EAs on this Metals Trading Strategy Tester environment.
8: Places a new order by opening a popup panel where as a trader you can specify the metals to buy, the amount to trade, and if the order will be a market order or set as a pending metals trading order.
9: Meta Editor opens the MetaEditor environment where a trader can add or program an Expert Advisor or a new indicator on this MetaEditor Environment.
10: Help, if you do not know something in the MetaTrader 4 click this and point on any MT4 object & get an explanation.
11: Options settings for editing the MT4 options that are used by your platform, these settings are server settings and EAs settings found under main navigation menu on the tools menu, options submenu.
12: Full screen option for setting chart to full screen option, Shortcut is Key-board Key "F11"
13: Print Chart
14: Print Preview
15: EAs - activates and deactivating EAs on a metal chart, clicking this button changes color from green to red, green color means Expert Advisor is allowed, red means Expert Advisor execution not allowed.
Remove Buttons
As a trader you'll not require all these button keys and you can hide some of them by clicking customize (shown above), then select some of the items on the right side panel and then choose hide.
Remove the above tools by clicking on them & clicking the remove button key.
