Getting Started With MT4 Stock Platform
The following guides explain how to use the MT4 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 Practice 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 MetaTrader 4 Traders
- Advantages MQL5 Signals
- Signal Seller Advantages
- MQL5 Stock Expert Advisors
How to Place Stocks Indicators
- Accelerator Oscillator
- Accumulation Distribution
- Alligator
- ADX
- Average True Range Indicator
- Awesome Oscillator
- Bears Power
- Bollinger Bands 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 Indicator
- Moving Average Oscillator
- On Balance Volume
- Parabolic SAR
- Relative Strength Index
- Relative Vigor Index
- Standard Deviation
- Stochastic Oscillator Indicator
- Volumes
- Williams Percentage Range
- Zigzag
The MT4 is part of the online stocks market. The MT4 software is installed on a client's computer.
The screenshot below shows the user inter-face of the MetaTrader 4.
MT4 software Workspace
According to stock trading platforms reviews, MT4 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 Desktop computer and it is intended to do the following:
- Plot graphical Data about exchange rates in form of a grid/trading chart
- Receive streaming exchange quotes from the stock trading brokers
- Perform stocks transaction operations: buying and selling
- Show the open stocks transactions & orders within the stock trading platform workspace
- Perform technical analysis
- Testing of strategies on practice demo stocks accounts
- Programming of custom indicators & 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 setup & setup the platform on a Desktop PC computer that has an internet connectivity & then connect to your stocks broker & start receiving streaming quotes.
The MT4 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 software 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 MT4 stock platform interface. This information that is delivered in format of realtime quotes is then interpreted using the technical tools provided for within this online trading platform.
The MT4 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 stocks graphs to the stocks market data panel, tool-bars for attaching indicators & the main menu bar used to navigate the platform.