MetaTrader 4 Platform Tutorial Getting Started with MT4

Post on: 15 Июнь, 2015 No Comment

MetaTrader 4 Platform Tutorial Getting Started with MT4

How To Setup Tutorials

Tip: When Using Windows 7 Operating System, instead of Opening MetaTrader 4 by Double Clicking the MT4 Icon, Do This: —>>Right Click The MT4 Icon. Select —>>Run As Administrator This gives you all privileges on MT4. (If your MT4 does not Login, especially for Real Account Try This Trick)

The most popular search on is how to save a work space in MetaTrader 4. or how to save a system/template. Before starting the tutorial, the screen shot below shows how to save a template or a trading system and also how to save a work space. The same buttons are also used to load the template on another separate chart. (click on buttons to get options)

How to save a work space, how to save a template

The MT4 is part of the online foreign exchange market. The MetaTrader4 software that is installed on a client’s computer.

The screenshot below shows the user interface of the MT4.

Workspace

The  MetaTrader 4 software is installed on a client’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 Forex brokers
  • Perform transaction operations: Buying and Selling of currencies
  • Show the open transactions and orders on platform
  • Perform technical analysis
  • Testing of strategies on demo accounts
  • Programming of custom indicators and Expert Advisors for the purpose of automated currency trading.
  • Provide statements of transaction history and a summary of profits/losses.

The MetaTrader 4 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 platform provides online exchange quotes and streaming data about price movement. This information is delivered directly to the MetaTrader 4 platform. This information that is delivered in the form of real time quotes is then analyzed using the technical tools provided for within this platform.

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

The MetaTrader 4 has different windows and chart panels each designed to deliver a different type of market information, starting with the exchange rate quotes used to plot currency graphs to the Market data window, Tool bars for attaching technical indicators and the main menu bar used to navigate the platform.

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