Learn MT4 Gold Software
The following guides explain how to use the MT4 software, each tutorial is accompanied by numerous screen shots so as to help traders to understand concepts explained & make it easier to learn about this online xauusd trading platform.
Introduction
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
- MT4 Terminal Window
- XAUUSD 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 Chart
- Line Chart
- Candlesticks
- Time frames - Periodicity
- Saving a Template
- Grid, Volumes, Auto Scroll and Shift
- Zoom in, Zoom Out & XAUUSD Step by Step
- Setting Properties
Tools
- Place New Order
- History Center on Tools Menu
- Options Settings
- MetaEditor Custom Indicators
- MetaEditor Expert Advisors
Window Menu
Help Menu
Toolbars
Advanced Topics
- MQL5 Signals - Copy Top MT4 Traders
- Advantages MQL5 Signals
- Signal Seller Advantages
- MQL5 Gold Expert Advisors
How to Place XAUUSD Technical Indicators
- Accelerator Oscillator
- Accumulation Distribution
- Alligator
- ADX
- Average True Range Indicator
- Awesome Oscillator
- Bears Power
- Bollinger Band Indicator
- Bulls Power
- CCI
- Demarker
- Force Index
- Fractals
- Gator Oscillator
- Heiken Ashi
- Ichimoku Kinko Hyo Indicator
- MACD
- Market Facilitation Index
- Momentum
- Money Flow Index
- Moving Average Envelopes
- Moving Average Indicator
- Moving Average Oscillator
- On Balance Volume
- Parabolic SAR
- Relative Strength Index
- RVI
- Standard Deviation
- Stochastic Oscillator Indicator
- Volumes
- Williams Percentage Range
- Zigzag
The MetaTrader 4 is part of the online gold market. The MetaTrader 4 software is installed on a client's computer.
The screenshot below shows the user interface of MetaTrader 4.
MetaTrader 4 platform Workspace
According to xauusd trading platforms reviews, MetaTrader 4 is the most widely used xauusd platform. This is because it is easy to learn and can do the following tasks.
The MetaTrader 4 platform is installed on a xauusd trader's Desktop computer PC & it is intended to accomplish the following:
- Plot graphical Information about exchange rates in form of a grid/chart
- Receive streaming exchange quotes from the gold trading brokers
- Perform xauusd transaction operations: buying and selling
- Show the open xauusd transactions & orders within the xauusd trading platform workspace
- Perform technical analysis
- Testing of strategies on practice practice xauusd accounts
- Coding of custom indicators & Expert Advisors for the purpose of automated xauusd.
- Provide statements of transaction history & a summary of profits/losses.
This is a free xauusd platform that's provided for by online gold 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 computer which has an inter net connectivity & then connect to your xauusd broker & begin receiving streaming quotes.
The MT4 online xauusd trading platform which is also referred to as MT4, is designed to provide technical tools that can be used by XAUUSD traders to make buy or sell decisions. This xauusd platform provides online quotes and streaming data about gold trading price movement drawn in the form of gold trading price charts. This information is delivered direct to the MT4 platform interface. This information that is delivered in form of real-time quotes is then analyzed using technical tools which are provided within this online trading platform.
The MetaTrader 4 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 xauusd graphs to the xauusd market data panel, toolbars for attaching technical indicators & the main menu bar used to navigate the platform.
