Introduction to MT4 Platform Interface

The following screen shot below shows the main MT4 energies trading platform interface. As a beginner trader trying to learn how to execute energies orders in the online energies market, the main tool for trading the energies market is the MT4 energies trading platform software. This MetaTrader 4 energies trading platform is the software that you'll connect to your energies broker with and execute energies trade transactions and monitor your energies account balance from this MT4 platform.

The Energies Trading MT4 platform software is provided for free through the various energies broker web sites. This MT4 energies trading software looks like the energies example illustrated and explained below:

The Main Areas of this MetaTrader 4 energies trading platform as shown above are:

1. MetaTrader 4 Navigation Menus
2. Toolbars
3. MT4 Energies Trading Chart Window
4. MT4 Navigator Window
5. MT4 Market Watch Window
6. MT4 Terminal
7. MetaTrader 4 Connection Bars

For this MT4 tutorial we shall look at a brief introduction for each of these learn energies MetaTrader 4 software:

1. Navigation Menus

The MetaTrader 4 navigation menus are:

1. File
2. View
3. Insert
4. Charts
5. Tools
6. Window
7. Help

These are the main MT4 navigation menus that can be used to navigate the MT4 software. As a beginner trader you can start by just clicking any of these MT4 navigation menus to familiarize yourself with various MT4 buttons that are arranged as MT4 sub menus within these MT4 navigation menus.

These MetaTrader 4 navigation menus will be discussed in details in the next MT4 tutorials about navigation menus.

2. Tool Bars

The MT4 tool bars are used to manipulate MT4 energies charts, either by placing MT4 indicators, MT4 line studies, change MT4 energies chart timeframes and load MT4 template from a list of saved MT4 templates.

These MetaTrader 4 tool bars will be discussed on other MT4 tutorials that will outline each MT4 button on this MT4 tool bar and how to add and customize these MT4 tool bars.

3. Chart Window Panel

This MT4 energies chart window is the main area where MT4 energies charts are displayed and a trader can analyze the energies trend direction of a MT4 energies chart whether up or down, place MT4 energies chart indicators for technical analysis & even place orders from these MT4 energies charts.

4. Navigator

MT4 Navigator will contain information about MT4 trading accounts, whether practice or real, this MT4 window will also have a list of all the MT4 technical indicators as well as MT4 Energies Expert-Advisors and scripts.

A trader can choose which MT4 energies account to login by expanding the Accounts menu, choose a MT4 indicator by expanding the MT4 indicator menu or choose an MT4 Energies Expert-Advisor by expanding the Expert Advisor menu.

5. Market Watch

MT4 Market watch is used to show streaming energies price quotes for MT4 energies instruments. This can list as many quotes provided by your MT4 energies broker or a few selected by a trader. To save inter net band width, right click inside the MT4 market watch window and select "Hide All", so as to hide the MT4 symbols that you are not transacting on this MT4 energies trading platform & save on internet band width.

6. Terminal

This is the MT4 window that is like the bank account trade area for your MT4 energies trade transactions, on this MT4 window you can view your account balance, profit and losses statement, equity, margin used also retrieve a copy of all your MT4 energies trade transactions history.

This MT4 window will also list all open energies trade transactions and calculate all the profit & loss in real-time as the energies charts move up or down.

7. Connection Bar

MT4 connection bars - Red bars are for no connectivity, green bars show that there is connectivity to the servers and MT4 energies trade orders can be set. These MT4 connection bars should always be green when one logged into their MT4 practice energies account or MT4 live account.

These MetaTrader 4 energies trading platform main areas form the MT4 energies trading platform interface and will be the main areas to be covered in detail in next learn MT4 tutorials. For now it is best to download MT4 energies trading platform software and familiarize yourself with the MT4 software interface.

Why Energy Trading Platform is Required for Placing Energy Transactions with Energies Trading Brokers

Energies trading platform is the software that is used to access the energies market & analyze these energies price movements using energies charts and energies technical analysis tools. There are various reasons why a trader requires to use a good energies platform. A good energies platform can determine if a as a trader you make a profit or not.

So why does a trader need a good Energy platform:

To connect to the Energies Trading Broker Trading Server:

To place a energies trade order a trader needs to use a energies platform which will connect to the trading servers of their energies broker and this will allow them to open and close energies trade orders. Good energies platforms will connect with ease to the brokers' servers and allow energies traders to place energies orders at any time from their desktop computer.

To analyze energies charts using technical analysis tools

To place a buy or sell energies order a trader needs to first interpret the direction of a energies instrument using energies charts. This is why all good energies platforms provide energies technical tools such as energies price charts, energies technical indicators & various different chart time-frames from which trader can analyze energies price moves using the energies chart timeframes of their choice.

From the above energies platform interface, the summary of all information required by a trader is provided on this MT4 energies trading platform interface

• Connection - connection to the broker servers
• Charts - energies price graphs that display energies prices
• Toolbars - tool bars to add tools and technical analysis indicators on energies charts
• Market Watch - for displaying available instruments in MT4 platform
• Data window - provides MT4 energies account information and other technical indicator data
• Exchange rates - shows current market energies price on a energies chart
• Menu bar - Shows all menu items on the MT4 platform