Metatrader 4 Interface

There are 5 main parts of Metatrader 4:

1. Standard bar 2. Market watch window 3. Navigator window 4. Terminal window 5. Chart

1. Standard bar: you can use the following function in standard bar

a: open a new chart

b: view profile of one currency pair

c: open/close Market watch window

d: open/close Data window

e: open/close Navigator window

f: open/close Terminal window

g: open/close Strategy tester

h: open New oder

i: open MetaEditor

j: Enable/Disable Expert Advisor

k: view bar chart

l: view candle chart

m: view line chart

n: zoom in

o: zoom out

p: auto scroll

q: chart shift

r: add indicator in to chart

s: select time frame

t: save/load/remove template

2. Market watch window: this window shows the bid price and ask price of each currency pair

3. Navigator window: you can use the following function in Navigator window

a: view account information (account number, account name)

b: add standard indicators in to chart

c: use automatic trading by Expert Advisors

d: add Custom indicators in to chart

e: add scripts in to chart

4. Terminal window: there are 6 tabs in terminal window

a: "Trade" : indicate the current trades

b: "Account history": indicate the trades in the past

c: "News": feed news from broker

d: "Alert": create specific alerts

e: "Mail box":

f: "Journal": record your activities in metatrader 4 (log in, log out, add indicators, add expert advisor,...)

5. Chart: chart is one of the most important things for technical traders. In metatrder 4, you can easily configure your chart to suit you.

First, open a new chart and right click your mouse. Seclect "Properties"

Change the color as you wish and click "OK"

Right click your mouse, select "Template" and then select "Save template"

Choose the name for your template and click "Save"

Open other new chart, right click your mouse, select "Template", and then select your saved template

You've got your template

Disclaimer

Foreign Exchange trading carries a high level of risk, and may not be suitable for all investors. Before deciding to trade any Forex Exchange financial instruments you should carefully consider your investment objectives, level of experience, and affordable risk. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with the Foreign Exchange trading, and seek advice from an independent financial advisor if you have any doubts.