MT4 Gold Trading Software Tutorial

MT4 Data window panel shows information about a trading price, for a specified candle period. For example the trading charts below, shows how to choose the data panel from the view menu options.(Ctrl+D is the shortcut key for displaying the data window without having to get it from the view menu)

Data Window - MT4 Gold Software

Once the data panel is selected it will show, the following information about a price.

The following data for xauusd trading is displayed and shown:

1. Gold Chart
2. Date
3. Time
4. Open Price
5. High
6. Low
7. Close Price
8. Volume

This data will show info for a particular candlestick, by scrolling your mouse over the candlesticks on a chart this data will change to reflect the xauusd trading price candle which the mouse has pointed at.

The data widow isn't popularly used in the MT4 Gold Trading Platform as compared to the other MT4 chart windows. However as a trader you can use this data panel to extract & display information & data about any trading price candlestick & the xauusd trading prices associated with this candle such as the opening price data, closing trading price data and high & low of xauusd price.

Because most traders can obtain this data directly from the trading charts, then the traders may prefer to use the information that is readily available on the chart within the MT4 platform software interface.

Another strategy to get this data is to use the Cross Hair Mouse Pointer, To get the Cross Hair Mouse Pointer one only requires to press down and hold down the wheel mouse button and the cross Hair will then appear. If your mouse doesn't have a wheel button, please go and buy another one so that you can trade the MT4 cross hair. And from the Cross Hair one can get the xauusd trading price data as shown below.

Cross Hair Tool - MetaTrader 4 Gold Software

From the Cross Hair above the vertical line will show data on the date for the current candlestick, the horizontal line will show trading price at that particular point on the trading chart. For the above example of chart you can see that the date is 2013.10.31 4:00GMT and the Price is shown for the selected point. The Open, High, Low, Close and Volume as well as Date is Shown Just below the Charts tab at the bottom of the MT4 Gold Software, Marked as O: H: L: C: V: therefore the crosshair is a shortcut technique of viewing data instead of going to the Data Window Panel of the MT4

One can even click one point, hold down the mouse and move the mouse to another chart level to measure the pip movement of xauusd trading price from point a to point on the charts in the MT4 Gold Software as Shown below.

Using Cross Hair Tool to Measure Pip Price Movement

Cross Hair Data Tool on MT4 Platform