Learn MT4 CFDs Software

The following tutorials explain how to use the MetaTrader 4 cfds trading software, each guide 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 cfd software.

Introduction

• CFD Software Introduction
• Installing MT4 Online CFD Software

File

• Opening a Practice Account Procedure
• Open a Chart
• Opening Offline Chart
• Opening a Deleted Chart
• Saving a Profile
• Login to an Account
• Printing Charts

View

• Changing Language
• Tool-Bars
• Connection Bars
• Charts Bar
• Market Watch
• Data Window
• Navigator
• MetaTrader 4 Terminal Window
• CFD Simulator Strategy Tester

Insert

• Indicators Insert Menu
• Insert Line Studies
• Placing Channels
• Gann Lines
• Placing Fib Lines
• Insert Shapes
• Placing Arrows
• Insert Andrew's Pitchfork, Cycle Lines, Text Label

Charts

• Indicators List
• Objects List
• Bar Chart
• Line Chart
• Candles
• Time-Frames - Periodicity
• Saving a Template
• Grid, Volumes, Auto Scroll and Shift
• Zoom in, Zoom Out & CFD Step by Step
• Setting Properties

Tools

• Place New Order
• History Center on Tools Menu
• Options Settings
• Meta-Editor Custom Indicators
• Meta-Editor EAs

Window Menu

• Charts Window Menu

Help Menu

• Help Menu

Tool-Bars

• Customizing Layout
• Charts Tool Bars
• Standard Tool-Bar
• Line Studies Toolbar
• Periodicity Toolbar

Advanced Tutorials

• MQL5 Signals - Copy Top MetaTrader 4 Traders
• Advantages MQL5 Signals
• Signal Seller Advantages
• MQL5 CFDs EAs

How to Place CFDs Trading 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 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
• William Percentage Range
• Zigzag

The MT4 is part of the online market. The MT4 software is installed on a client's computer.

The screenshot below shows the user inter-face of MT4.

MT4 cfds software Work-Space

According to cfd softwares reviews, MT4 is the most widely used platform. This is because it's easy to learn and can do the following tasks.

The MetaTrader 4 software is installed on a cfd trader's Desktop PC computer and it is intended to accomplish the following:

• Plot graphical Data about exchange rates in form of a grid/chart
• Receive streaming exchange quotes from the cfds trading brokers
• Perform cfd transaction operations: buying and selling
• Show the open cfd transactions and orders within the cfd software work space
• Perform technical analysis
• Testing of strategies on practice practice cfd accounts
• Coding of custom indicators and Automated EAs for the purpose of automated cfd.
• Provide statements of transaction history & a summary of profits/losses.

This is a free cfd software which is provided for by online trading brokers. You can download the software from online brokers sites, once you download it, you should then setup & setup the platform on a Desktop computer that has an internet connectivity & then connect to your cfd broker & start receiving real-time quotes.

The MT4 online cfd software which is also referred to as MT4, is designed to provide technical tools that can be used by CFD traders to make buy or sell decisions. This trading platform provides online exchange quotes & streaming data about price movement plotted in the form of cfds price charts. This information is delivered direct to the MetaTrader 4 cfds software interface. This information that is delivered in form of realtime quotes is then interpreted using the technical tools which are provided within this online software.

The MT4 has different window and chart panels, each designed to deliver a different type of market data, beginning with the exchange rate quotes used to draw cfd graphs to the cfd market data panel, toolbars for attaching indicators and the main menu bar used to navigate the platform.