Getting Started With MT4 Commodity Trading Software
The following tutorials explain how to use the MT4 commodities trading platform, each tutorial is accompanied by numerous screen shots in order to help traders to understand the concepts described and make it easier to learn about this online commodities trading platform.
Introduction
File
- Opening a Practice Account Procedure
- Open a Commodities Trading Chart
- Opening Offline Chart
- Opening a Deleted Chart
- Saving a Profile
- Login to an Account
- Printing Commodities Trading Charts
View
- Changing Language
- Tool Bars
- Connection Bars
- Charts Bar
- Market Watch
- Data Window
- Navigator
- MT4 Terminal Window
- Commodity Trading 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 Commodities Trading Chart
- Line Commodities Trading Chart
- Candlesticks
- Time frames - Periodicity
- Saving a Template
- Grid, Volumes, Auto Scroll and Shift
- Zoom in, Zoom Out and Commodity Trading 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 Commodities Expert Advisors
How to Place Commodities Technical Indicators
- Accelerator Oscillator
- Accumulation Distribution
- Alligator
- ADX
- Average True Range Indicator
- Awesome Oscillator
- Bears Power
- Bollinger Band 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 commodities market. The MT4 software is installed on a client's computer.
The image below shows the user inter-face of the MetaTrader 4.
MetaTrader 4 commodities software Workspace
According to commodities trading platforms reviews, MT4 is the most widely used commodities trading platform. This is because it is easy to learn & can do the following tasks.
The MT4 commodities trading software is installed on a commodity trader's PC Desktop 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 commodities trading brokers
- Perform commodity transaction operations: buying and selling
- Show the open commodity transactions & orders within the commodities trading platform workspace
- Perform technical analysis
- Testing of strategies on practice demo commodity accounts
- Programming of custom indicators & Expert-Advisors for the purpose of automated commodity.
- Provide statements of transaction history and a summary of profits/losses.
This is a free commodities platform which is provided for by online commodities trading brokers. You can download the platform from online brokers web sites, once you download it, you should then setup & setup the platform on a Desktop computer that has an internet connectivity and then connect to your commodity broker & start receiving streaming quotes.
The MetaTrader 4 online commodities trading platform which is also referred to as MT4, is designed to provide technical tools that can be used by Commodities traders to make buy or sell decisions. This commodities platform provides online exchange quotes and streaming data about commodities price movement drawn in the form of commodities trading price charts. This information is delivered direct to the MT4 commodities software interface. This information that is delivered in format of real time quotes is then interpreted using technical analysis tools which are provided for within this online trading platform.
The MT4 has different window & chart panels, each designed to deliver a different type of market information, starting with the exchange rate quotes used to draw commodity graphs to the commodity market data window panel, tool-bars for attaching indicators & the main menu bar used to navigate the platform.
