Learn MT4 Stock Indices Software
The following tutorials explain how to use the MT4 software, each guide is accompanied by numerous screen-shots so as to help beginners to understand the concepts described & make it easier to learn about this online stock index trading platform.
Introduction
File
- Opening a Practice Account Procedure
- Open a Stock Index Chart
- Opening Offline Chart
- Opening a Deleted Chart
- Saving a Profile
- Login to an Account
- Printing Stock Index Charts
View
- Changing Language
- Tool Bars
- Connection Bars
- Charts Bar
- Market Watch Window
- Data Window
- Navigator Window
- MT4 Terminal Window
- Stock Indices 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 & Stock Indices 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 MetaTrader 4 Traders
- Advantages MQL5 Signals
- Signal Seller Advantages
- MQL5 Stock Index Expert Advisors
How to Place Indices 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
- RVI
- Standard Deviation
- Stochastic Oscillator Indicator
- Volumes
- Williams Percentage Range
- Zigzag
The MetaTrader 4 is part of the online stock index market. The MT4 software is installed on a client's computer.
The screenshot below shows the user inter-face of MetaTrader 4.
MetaTrader 4 software Workspace
According to stock index trading platforms reviews, MT4 is the most widely used stock index platform. This is because it is easy to learn and can do the following tasks.
The MetaTrader 4 platform is installed on a stock indices trader's computer & it is intended to accomplish the following:
- Plot graphical Data about exchange rates in the form of a grid/chart
- Receive streaming exchange quotes from the stock index trading brokers
- Perform stock indices transaction operations: buying and selling
- Show the open stock indices transactions & orders within the stock index trading platform workspace
- Perform technical analysis
- Testing of strategies on practice practice stock indices accounts
- Programming of custom indicators & Expert-Advisors for the purpose of automated stock indices.
- Provide statements of transaction history & a summary of profits/losses.
This is a free stock index platform which is provided for by online stock index trading brokers. You can download the platform from online brokers websites, once you download it, you should then setup & install the platform on a Desktop computer that has an internet connection and then connect to your stock indices broker & start receiving streaming quotes.
The MetaTrader 4 online stock index trading platform which is also referred to as MT4, is designed to provide technical tools that can be used by Stock Indices traders to make buy or sell decisions. This stock index platform provides online quotes and streaming data about stock index price movement drawn in the form of stock index price charts. This information is delivered direct to the MT4 platform interface. This information that is delivered in the form of realtime quotes is then analyzed using technical tools that are provided within this online trading platform.
The MT4 has different window and chart panels, each designed to deliver a different type of market information, starting with the exchange rate quotes used to draw stock indices graphs to the stock indices market data window panel, toolbars for attaching indicators & the main menu bar used to navigate the platform.