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