Getting Started with MT4 XAU/USD Platform
The following guides explain how to use the MT4 software, each course is accompanied by numerous and many screen-shots in order to help beginners to understand the concepts explained and make it easier to learn this online platform.
Intro
File
- Signing-up a Demo Practice Trade Account Procedure
- Open a Chart
- Opening Offline Chart
- Opening Deleted Chart
- Saving a Profile
- Log In to an Trade Account
- Printing Charts
View
- Change Language
- Tool-Bars
- Connectivity Bars
- Charts Bar
- Market Watch Window
- Data Panel
- Navigator Window Panel
- MT4 Terminal Window
- Trading Strategy Tester
Insert
- Technical Indicators Insert Menu
- Insert Line Studies
- Placing Channels
- Gann Lines
- Placing Fib Lines
- Insert Shapes
- Placing Arrows
- Insert Andrew's Pitch Fork, Cycle Lines, Text Label
Charts
- Indicators Listing
- Objects List
- Bar Chart
- Line Chart
- Candlesticks
- Timeframes - Periodicity
- Saving Template
- Grid, Volumes, Auto Scroll & Shift
- Zoom in, Zoom Out and XAUUSD Step by Step
- Setting Chart Properties
Tools
- Open New Order
- Price History Center on Tools Menu
- Options Settings
- MetaEditor Custom Indicators
- Meta Editor EAs
Windows Menu
Help Menu
Tool-Bars
Advanced Tutorials
- MQL5 Signals - Copy Top MT4 Traders
- Benefits MQL5.com Signals
- Signal Seller Benefits
- MQL5 XAUUSD Expert-Advisors
How Can I Place Indicators
- Accelerator Oscillator Indicator
- Accumulation Distribution
- Alligator
- ADX
- Average True Range Trading Indicator
- Awesome Oscillator
- Bears Power
- Bollinger Bands
- Bulls Power
- Commodity Channel Index
- Demarker
- Force Index
- Fractals
- Gator Oscillator Indicator
- Heiken Ashi
- Ichimoku
- MACD
- Market Facilitation Index
- Momentum
- Money Flow Index
- MA Envelopes
- Moving Average Indicator
- MA Oscillator
- OBV
- Parabolic SAR
- RSI
- Relative Vigor Index
- Standard Deviation
- Stochastics Oscillator
- Volumes
- Williams Percent Range
- Zigzag
The MetaTrader 4 is part of the online market. The MT4 software is installed on a client's computer.
The screen shot below shows the user interface of the MetaTrader 4.
MT4 platform Work-Space
According to trading softwares reviews, MetaTrader 4 is the most widely used gold platform. This is because it is easy to learn and can do the following tasks.
The MetaTrader 4 platform is installed on a trader's PC computer & it is intended to do the following:
- Plot graphical Data about the exchange rates in the layout of a grid/trading chart
- Receive real-time exchange quotes from the brokers
- Perform gold trading operations: buying and selling
- Show the open trading transactions & orders within the trading platform workspace
- Perform analysis
- Testing of strategies on practice practice trading accounts
- Coding of custom indicators & EAs for the purpose of automated xau/usd trading.
- Provide statements of transaction history and a summary of the profits and losses.
This is a free software that's provided for by brokers. You can download the platform from brokers web-sites, once you download it, you should then setup & setup the platform on a Desktop PC computer which has an internet connectivity & then connect to your online broker & begin receiving real time quotes.
The MetaTrader 4 online trading software which also is known as MT4, is made to provide trading tools that can be used by Gold traders to make buy or sell decisions. This gold software provides quotes & streaming information about price movement plotted in the format of price charts. This info is delivered directly to the MetaTrader 4 platform interface. This information that's delivered in the layout of real time quotes is then analyzed using technical tools provided within this trading platform.
The MT4 has different panel window and chart panels, each built to deliver a different type of market info, beginning with the exchange rate quotes used to draw graphs to the market info panel window, tool bars for attaching technical indicators & the main menu bar used to navigate the trading platform.
More Tutorials & Topics:
- Periodicity Tool-bar Menu for MetaTrader 4 XAU/USD Charts
- What is XAU USD Margin Call in XAU USD Trading?
- Examples of Types of Trend-lines used in Gold Trend Trading
- No Nonsense Gold ADX Guide Tutorial
- Which is the Best XAU/USD Leverage for $300?
- How Can I Trade a Gold Symbol in the MetaTrader 5 Software?
- How Can I Trade a Gold Symbol on MT5 Platform?
- How to Choose & Select Your Gold Style Tutorial Lesson for Different XAUUSD Traders
- Guide of How to Use Fibo Pullback on MT4 Trade Platform
- How Do I Trade an Upwards XAUUSD Trend?
