Indices Platform
The best stock indices trusted trading platform software is the MetaTrader 4 platform. This stock index trading platform is one of the most common stock index platform that is used almost by every other trader as well as almost every online broker.
In this learn MT4 platform tutorial we shall explain the MT4 Interface so that beginner traders wanting to start learning this Stock Indices charting software, can then begin from this tutorial.
Best Online Stock Indices Platform - MetaTrader 4 Workspace - Stock Indices Trading Trusted Trading Platforms
From the above screenshot of the this stock indices platform MT4 software there are several toolbars as well as chart windows.
You can download this online stock index trading platform from your broker's website. Now after you download stock indices platform, then you will need to learn one or two things about this stock index trading platform:
The first thing is how to setup this stock index trading software after you download. For example if you download the MT4 platform, you will need to go to a broker first, register for a stock indices practice trading account then after you register for a stock indices demo account you will be provided with a link where to download MT4 platform.
Now once you download this stock index trading platform, assuming you don't know much about Desktop computers, Open your Browser >>> Go to tools on top left corner of your browser next to the 'file', 'edit', 'view' menus click on tools, select download folder place, (shortcut: once you open your browser click CTRL+J or CTRL+Y), a download pop up will pop-up with links to downloaded items. Select the software that you've just downloaded.
Installing MT4
To setup this software after you have downloaded, open the download from where you downloaded, from there an installation wizard pops up and all you have to do is to follow the setup instructions. After set up the platform will run automatically just like any other software. Read tutorial How to install MT4 platform.
You can open the MT4 platform from the start menu>>> Programs or from desktop shortcut that appears as a desktop icon marked MT4 after installation.
Demo Indices Trading Account Signup & Log-in
To open an account on MT4 just click on 'file' & then on open an account, to login to an account just click on 'file' at the top right corner & click sign in from the drop-down menu that pops up.
Once yousign in to the stock index trading software you will get access to charts and other technical analysis tools such as technical indicators that you will then use to place trades within the stock indices market while connected to your stock index trading broker's servers.
Stock Indices Platform Menu Bar and Toolbars
Menu Bar in MT4 for Navigating within the Software
Menu bar is used to operate and navigate this stock index platform from one single panel. From this panel you can set how to view tool bars, chart, data window and even use the file tab to open a stock index trading account - & also login to your stock indices platform account.
Form the menu bar you can click on the view tab & choose toolbars like in the above pictured image, these menu bars can be used to set up stock index trading platform stock indices charts, indicators, time frames, & others things like drawing stock indices trend lines and Fibonacci retracement levels and Fibonacci expansion levels. To learn how to customize this stock indices platform software navigate to this MT4 Stock Indices Platform Tutorial Section.
Now that we have looked at the tool-bar and menu bar, we shall look at the main work-space interface of the MetaTrader 4 software.
Best Online Stock Indices Platform - MetaTrader 4 Stock Indices Platform
Market Watch window - This window panel is used to show a stream of the exchange rates that's obtained from your stock indices broker. In this market watch window you can right-click anywhere on this panel to select show all stock indices instruments or hide the ones you're not interested in & save some bandwidth at the same time. No need to have stock index prices for 50 stock indices instruments if you are only interested 4 stock indices instruments.
Data Window - Used to setup Indicators, Expert Advisors & scripts, you can click on any of this menu sub items and expand/collapse the indicators or Expert Advisors used for automated trading.
Charts Panel - This is where the price moves will be plotted.
Charts Tab - Navigation from one stock indices instrument to another is easy, just flip through the charts tab as shown above.
Terminal - This window panel is used to display a statement of your trades, profits & loses that you have made in your live stock index trading account or demo stock index trading account. To enlarge this window and view the open trades, just hover the mouse on terminal toolbar until the cursor pointer changes, click & hold down the mouse button key & then move cursor pointer upwards.
Connection bars - These are used to show the connection to the internet, red bars mean no internet connection, green bars explain there's internet connection.
Exchange Rates Graph - this shows the exchange rates for the stock indices instruments that you are trading so as to display if the exchange rate is going upward or downwards.
Why MT4 is Best Indices Software
In the online stock indices market there are many stock index platforms available around the internet. But among the top stock index trading platforms best stock index software is the MT4 software, it is the best Stock Indices software because of the following reasons:
Low Bandwidth Connection Requirement
Not everyone can afford the best internet connection, the T1, the satellite, ADSL or Fiber Optic internet connection: furthermore, these are not freely available to some residential areas & might be limited to office buildings. This is why it is best to select a stock index platform which requires the minimum band width, MT4 software. Even with the best connection, sometimes the connection might not be available and you might need to use an alternative connection like the dial up or modem. MetaTrader 4 platform is the least expensive if you are on a modem. To even reduce further the internet band width usage navigate to market watch (Shortcut press CTRL+M), Right Click on any stock indices instrument, Select 'Hide all', now the stock index trading platform will only stream the stock index price quotes for the pairs you only need and conserve your bandwidth even further. Especially when using a mobile phone or i Pad or a Tablet where you are paying for phone credit this can save your credit. This is one of the reason why the MT4 platform is considered as one of the best stock index platforms online.
The easier it is to connect the easier it's open & close trades on time.
Provided by all Brokers
Another reason why this Stock Indices Trading software is considered as one of the best stock index platform is because MT4 is liked by most traders all brokers provide it. Once as a learns the MT4 platform there's no need to re-learn when you switch to another stock index broker. You can still use the same MetaTrader 4 of the new stock indices broker without the need to learn a new stock index trading software all over again.
Easy Technical Analysis
The other thing that makes this the best stock index software is the ease with which you can set up the technical analysis technical indicators on the stock index trading charts. Even those using various web traders will do their technical analysis in the MT4 platform and then place their stock indices orders on their web trader.
Technical traders can also setup custom technical indicators on this software, making it easier to add more technical analysis tools onto this stock index software. Others also install automated Expert-Advisors on this stock index trading platform so as to trade automatically with these programs known as automated Expert-Advisor Stock Indices Robots.
Best Charts
The MetaTrader 4 has the best stock index platform charts representations available & implements many chart time frames from which a can choose.
Simplicity
Overall the simplicity of this stock indices platform software & the fact that any investor can learn how to use MT4 platform within one hour makes this the best trading software for new and experienced stock index traders.
According to stock index trading platform reviews of the top stock index trading platforms MetaTrader 4 is the best stock index platform - Stock Indices Trading Trusted Platforms MetaTrader 4 Stock Indices Platforms. Therefore, stock indices traders looking for what is the best stock index software can begin trading with the MetaTrader 4 platform - Stock Indices Trading Trusted Trading Platforms - as it is the best stock index platform software and it's very easy to learn.
