Getting Started With MetaTrader 4 Stock Platform
The following tutorials explain how to use the MetaTrader 4 stock platform, each tutorial is accompanied by numerous screen shots so as to help traders to understand the concepts explained and make it easier to learn about this online stock trading platform.
Introduction
File
- Opening a Demo Account Procedure
- Open a Stock Chart
- Opening Offline Chart
- Opening a Deleted Chart
- Saving a Profile
- Login to an Account
- Printing Stock Charts
View
- Changing Language
- Tool Bars
- Connection Bars
- Charts Bar
- Market Watch
- Data Window
- Navigator
- MT4 Terminal Window
- Stocks 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 and Stocks 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
Tool Bars
Advanced Topics
- MQL5 Signals - Copy Top MT4 Traders
- Advantages MQL5 Signals
- Signal Seller Advantages
- MQL5 Stock Expert Advisors
How to Place Stocks Trading Indicators
- Accelerator Oscillator
- Accumulation Distribution
- Alligator
- ADX
- Average True Range Stock Trading Indicator
- Awesome Oscillator
- Bears Power
- Bollinger Bands Stock Trading Indicator
- Bulls Power
- CCI
- Demarker
- Force Index
- Fractals
- Gator Oscillator
- Heiken Ashi
- Ichimoku
- MACD
- Market Facilitation Index
- Momentum
- Money Flow Index
- Moving Average Envelopes
- Moving Average Stocks Trading Indicator
- Moving Average Oscillator
- On Balance Volume
- Parabolic SAR
- Relative Strength Index
- Relative Vigor Index
- Standard Deviation
- Stochastic Oscillator Stock Trading Indicator
- Volumes
- Williams Percentage Range
- Zigzag
The MT4 is part of the online stocks market. The MetaTrader 4 software is installed on a client's computer.
The screenshot below shows the user interface of the MT4.
MT4 platform Workspace
According to stock trading platforms reviews, MetaTrader 4 is the most widely used stock trading platform. This is because it is easy to learn and can do the following tasks.
The MetaTrader 4 software is installed on a stocks trader'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 stock trading brokers
- Perform stocks transaction operations: buying and selling
- Show the open stocks transactions and orders within the stock trading platform workspace
- Perform technical analysis
- Testing of strategies on practice demo stocks accounts
- Programming of custom indicators and Expert Advisors for the purpose of automated stocks.
- Provide statements of transaction history and a summary of profits/losses.
This is a free stock trading software that is provided for by online stock trading brokers. You can download the platform from online brokers websites, once you download it, you should then install the platform on a computer that has an internet connection and then connect to your stocks broker and start receiving streaming quotes.
The MetaTrader 4 online stock trading platform which is also known as MT4, is designed to provide technical tools that can be used by Stocks traders to make buy or sell decisions. This stock trading platform provides online exchange quotes and streaming data about stocks price movement drawn in the form of stocks price charts. This information is delivered directly to the MetaTrader 4 stock platform interface. This information that is delivered in the form of real time quotes is then analyzed using the technical tools provided for within this online trading platform.
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 draw stocks graphs to the stocks market data window, tool bars for attaching technical indicators and the main menu bar used to navigate the platform.