Learn MT4 Crude Oil Trading Platform
The following guides explain how to use the MetaTrader 4 software, each guide is supported by numerous screenshots so as to help traders to understand concepts described and make it easier to learn about this online oil trading platform.
Introduction
File
- Opening a Demo Account Procedure
- Open a Crude Oil Trading Chart
- Opening Offline Chart
- Opening a Deleted Chart
- Saving a Profile
- Login to an Account
- Printing Crude Oil Trading Charts
View
- Changing Language
- Tool Bars
- Connection Bars
- Charts Bar
- Market Watch
- Data Window
- Navigator
- MT4 Terminal Window
- Oil 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 Crude Oil Trading Chart
- Line Crude Oil Trading Chart
- Candlesticks
- Time frames - Periodicity
- Saving a Template
- Grid, Volumes, Auto Scroll and Shift
- Zoom in, Zoom Out & Oil 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 Crude Oil Expert Advisors
How to Place Crude Oil Technical Indicators
- Accelerator Oscillator
- Accumulation Distribution
- Alligator
- ADX
- Average True Range Crude Oil Trading Indicator
- Awesome Oscillator
- Bears Power
- Bollinger Bands Crude Oil Trading Indicator
- Bulls Power
- CCI
- Demarker
- Force Index
- Fractals
- Gator Oscillator
- Heiken Ashi
- Ichimoku Kinko Hyo Oil Trading Indicator
- MACD
- Market Facilitation Index
- Momentum
- Money Flow Index
- Moving Average Envelopes
- Moving Average Crude Oil Trading Indicator
- Moving Average Oscillator
- On Balance Volume
- Parabolic SAR
- Relative Strength Index
- RVI
- Standard Deviation
- Stochastic Oscillator Oil Trading Indicator
- Volumes
- Williams Percentage Range
- Zigzag
The MetaTrader 4 is part of the online crude oil market. The MT4 software is installed on a client's computer.
The screenshot below shows the user interface of MT4.
MetaTrader 4 software Workspace
According to oil trading platforms reviews, MT4 is the most widely used oil platform. This is because it's easy to learn and can do the following tasks.
The MetaTrader 4 oil trading software is installed on a oil trader's PC computer & it is intended to accomplish the following:
- Plot graphical Information about exchange rates in the form of a grid/chart
- Receive streaming exchange quotes from the crude oil trading brokers
- Perform oil transaction operations: buying and selling
- Show the open oil transactions and orders within the oil trading platform workspace
- Perform technical analysis
- Testing of strategies on practice practice oil accounts
- Programming of custom indicators and Expert-Advisors for the purpose of automated crude oil.
- Provide statements of transaction history & a summary of profits/losses.
This is a free oil platform which is provided for by online crude oil trading brokers. You can download the platform from online brokers websites, once you download it, you should then install the platform on a Desktop computer that has an internet connection & then connect to your oil broker and begin receiving streaming quotes.
The MT4 online oil trading platform which is also known as MT4, is designed to provide technical tools that can be used by Oil traders to make buy or sell decisions. This oil platform provides online exchange quotes and streaming data about crude crude oil trading price movement drawn in the form of crude crude oil trading price charts. This information is delivered directly to the MetaTrader 4 platform interface. This information that is delivered in format of real time quotes is then analyzed using technical analysis tools which are provided for within this online trading platform.
The MT4 has different window and chart panels, each designed to deliver a different type of market data, starting with the exchange rate quotes used to draw oil graphs to the oil market data panel, toolbars for attaching indicators and the main menu bar used to navigate the platform.
