Standard Toolbar Menu and How to Customize it on MT4
The Standard Toolbar on the MT4 is shown below:
Before explaining how to use each tool listed on this standard tool bar, let's make sure that all the available buttons are added to it by customizing it:
- Right Click on the toolbar customize button to the left as shown below
2. Click customize 3. Add all Tools
Add Tools
After Adding & customizing, it will look like:
On the platform, the standard tool-bar now looks like:
Explanation of Each XAGUSD Trading Tool on the Standard Tool bar
1: Opens a silver chart on MetaTrader 4 & a trader can specify which type of chart to open by clicking the drop-down arrow next to its icon.
2: Profile - can be used to load a saved chart profile or to save a new chart profile - these options are provided as a sub-menu from the drop-down arrow.
3: Opening & closing market watch window panel: market watch displays the silver trading quote xagusd prices for selected silver instruments.
4: Data window opens & closes & it displays xagusd price data as well as other information like indicator's data.
5: Navigator Shortcut, navigator displays Account information, indicators, scripts & EAs data.
6: Terminal window panel short cut, displays the transactions opened by a trader - shows open trades, balance, account equity, transaction history, news, Expert Advisors tab, signals tab & trade alerts tab.
7: Strategy tester opens the Silver Strategy Tester and traders can test their Expert-Advisors on this Silver Strategy Tester environment.
8: Places a new order by opening a popup panel where as a trader you can specify the silver instrument to buy, the amount to trade, and if the order will be a market order or set as a pending silver order.
9: Meta Editor opens the Meta Editor environment where one can add or program an Expert Advisor or a new technical indicator on this Meta Editor Environment.
10: Help, if you don't know something in MetaTrader 4 click on this & point on any MetaTrader 4 object & get an explanation.
11: Options settings for editing MetaTrader 4 options that are used by your platform, these settings are server settings and Expert-Advisors settings found under the main navigation menu on tools menu, options sub-menu.
12: Full screen option for setting chart to full screen option, Shortcut is Key board Key 'F11'
13: Print Chart
14: Print Preview
15: EAs - activates & deactivating EAs on a xagusd chart, clicking this button key changes color from green to red, green color means Expert Advisor is allowed, red means Expert Advisor execution not allowed.
Remove Buttons
As a trader you will not require all these buttons & you can hide some of them by clicking customize (shown above), then select some of the items on the right side panel and then choose hide.
Remove the above tools by clicking on them & clicking the remove button.