Best XAUUSD Trading Software iPad
Gold Platforms for iPad - the Best Gold Trading Platform iPad is the MT4 software. This is Gold Trading Platforms for iPad of the most common gold software that is used almost by every other trader as well as almost every online xauusd trading broker.
In this guide we shall explain the MetaTrader 4 Interface so that beginners wanting to begin learning this Best Gold Trading Platform iPad, can then begin from this learn MT4 tutorial.
Best Gold Trading Platform iPad - MT4 Workspace
Form the above screen shot of the this software there are several tool-bars as well as chart window.
You can download this Best Gold Trading Platform iPad from your broker's website. Now after you download it, then you will need to learn one or two things about this gold trading platform:
The first thing is how to setup this gold trading software after you download. For example if you download the MT4 platform, you will need to go to a broker first, register for a practice trading account then after you sign up for a demo xauusd account you'll be provided with a link where to download MetaTrader 4 Gold Trading Platform.
Now once you download this gold trading platform, guessing you don't know much about Desktop computers, Open your Web Browser >>> Go to tools on tops left corner of your browser next to "file", "edit", "view" & click on tools, select download folder place, (short cut: once you open your webbrowser click CTRL+J or CTRL+Y), a download popup will appear with links to downloaded items. Select MetaTrader 4 trading software that you have just downloaded.
Best XAUUSD Trading Software iPad
To setup this software after you've downloaded, launch the download from where you downloaded, from there an installation wizard pops up and all you've to do is to follow the setup instructions. After setup the platform will run automatically just like any other software. Read guide How to install MetaTrader 4 platform. This platform is easy to setup & this is another reason why this software is the Best Gold Trading Platform iPad.
You can open MT4 from the begin menu>>> Programs or from the desktop shortcut that pops up as a desktop icon marked MetaTrader 4 after set up.
Demo XAUUSD Account Opening & Log-in
To open an account in MT4 just click on "file" and then on open an account, to login to an account just click on "file" at the top right corner and click sign in from the drop-down menu that appears.
Once youlogin to the MetaTrader 4 platform you'll get access to charts & other technical analysis tools such as technical indicators that you will then use to place trades within the xauusd market while connected to your gold broker's servers.
Gold Platform Menu Bar & ToolBars
Menu Bar in MetaTrader 4 for Navigating within the Software - Best gold software
Menu bar is used to operate and navigate this gold trading platform from one single panel. From this panel you can set how to view tool bars, chart, data window & even use the file tab to open a xauusd trading account - and also login to your account. This menu bar makes this platform easy to operate & this is also why this is the Best Gold Trading Platform iPad for beginner traders.
Form the menu bar you can click on view tab & select chart tool-bars like in the above pictured image, these menu bars can be used to set up charts, indicators, time frames, & others things like drawing gold trend lines and Fibonacci retracement levels and Fibonacci expansion levels. To learn how to customize this trading platform go to this MT4 Gold Tutorial Section.
Now that we have looked at the tool-bar and menu bar, we shall look at the main work-space interface of the MT4 software.
Best Online Gold Platform - MetaTrader 4 Best Gold Trading Platform iPad
Market Watch window - This window is used to show a stream of the exchange rates that's obtained from your xauusd trading broker. In this market watch window you can right click anywhere on this panel to choose show all trading financial instruments or hide the ones you are not interested in and save some bandwidth at the same time. No need to have prices for 50 trading instruments if you are only interested in 4 trading instruments. This make this software easy to use with any internet connection another reason why this is the Best Gold Trading Platform iPad.
Data Window - Used to setup XAUUSD Indicators, Expert Advisors and scripts, you can click on any of this menu sub items and expand/collapse the indicators or Expert Advisors used for automated gold trading.
Gold Charts Panel - This is where the price moves will be drawn.
Gold Charts Tab - Navigation from one trading instrument to another is easy, just flip through the charts tab as displayed above.
Terminal Window - This panel is used to display a statement of your trades, profits & loses that you have made in your live xauusd trading account or demo xauusd trading account. To enlarge this window panel and view the open trades, just hover mouse on the terminal panel toolbar until the cursor changes, click & hold down the mouse button and then move cursor upward.
Connection bars - These are used to explain connection to the internet, red bars mean no internet connectivity, green bars explain there is net connectivity.
Exchange Rates Graph - this shows the exchange rates for gold that you are trading so as to explain if the exchange rate is going upwards or downward.
Why MetaTrader 4 is The Best XAUUSD Trading Platform iPad
In the online gold market there are many gold platforms available around the internet. But among the top gold platforms the Best Gold Trading Platform iPad is the MT4 XAUUSD Trading Platform, it is the best Gold software because of the following reasons:
Low Bandwidth Connection Requirement
Not everyone can afford the best internet connection, the T1, the satellite, ADSL or Fiber Optic internet connection: furthermore, these are not freely available to some residential areas and may be limited to office buildings. This is why it is best to choose a gold software that requires the minimum band-width, the MT4 trading platform. Even with the best connection, sometimes the connection might not be available and you may need to use an alternative connectivity like the dial up or modem. MT4 platform is the least expensive if you are on a modem. To even reduce further the inter-net bandwidth usage go to market watch (Shortcut Keys press CTRL+M), Right Click on any trading instrument, Select "Hide all", now the trading platform will only stream the xauusd trading price quotes for the pairs you only need & conserve your internet bandwidth even further. Especially when using a phone or iPad or a Tablet where you're paying for phone credit this can save your internet credit. This is one of the reason why the MT4 is considered as one of the Best Gold Trading Software online.
The easier it is to connect the easier it is open & close trades on time.
Provided by all Gold Brokers
Another reason why this gold trading software is considered as one of the Best Gold Trading Platform iPad is because MetaTrader 4 is liked by most traders all brokers provide it. Once as a investor learns the MT4 platform there is no need to re-learn when you switch to another xauusd trading broker. You can still use the same MT4 platform of the new gold broker without the need to learn a new gold trading software all over again.
Easy Technical Analysis
The other thingthat makes this the Best Gold Trading Platform iPad is the ease with which you can set up the technical analysis technical indicators on the xauusd charts. Even those using various web traders will do their technical analysis in MT4 xauusd chart & then place their gold orders on their web trader.
Technical analysis traders can also install custom technical indicators on this gold trading software, making it easier to add more technical analysis tools onto this software. Others also install automated Expert Advisors on this gold trading platform so as to trade automatically with these programs referred to as automated Expert-Advisor Gold Bots.
Best Gold Charts
The MetaTrader 4 has the Best Gold Trading Platform iPad charts representations available and implements many chart time frames from which a investor can select.
Simplicity
Overall the simplicity of this software & the fact that any investor can learn how to use MT4 within one hour makes this the Best Gold Trading Platform iPad for new and experienced xauusd traders.
