Glad to see you on the pages of the blog site, today I want to tell you what MetaTrader 4 is.

MetaTrader 4 (MT4) is an ordinary program, a trading information platform through which Forex trading takes place through a specific broker.

At the very beginning of the article, I want to advise you to go to the page - there I talked about the functionality that not everyone knows about, even some advanced traders did not know this, so, immediately after installation, read it, you will not regret it!

MetaTrader 4 - the most common, best, most powerful trading floor, exists and , but most traders prefer the fourth version of the terminal.

The performance of MetaTrader 4 is staggering, leaving competitors' programs far behind.

This trading platform has a very wide functionality and uses the powerful achievements of the IT industry.

This is what MetaTrader 4 looks like after installation on a computer

A trader can set up fully automatic Forex trading through MetaTrader 4, or trade through it manually.

Let's say you can set up fully automatic trading through MetaTrader 4 using , which show stunning profitability, but there are many risky advisers, I personally checked this, I put a whole bunch of robots on real accounts for my readers and even organized - be sure to follow the link.

This platform also supports mobile trading, that is, there are versions for mobile phones different types.

MetaTrader 4 has the most powerful security system that will completely protect you from hacking.

If you master all the features of this trading platform, you will understand all its power, especially when you earn your first $100.

In general, I personally cannot imagine without MetaTrader 4, and I advise everyone to use this particular platform.

So, if you are new to Forex, then from the foregoing it may not be clear to you what Metatrader 4 is, I will say plain language- this is a program that you download and install on your computer, into which you can shove an adviser (read -), and all trading will take place fully automatically without your intervention, or you can trade manually.

This program already has ready-made extensions that will help you trade on Forex, and you can also install third-party plugins or create your own, all this is simple and affordable.

Download MetaTrader4 from the official website from all brokers

And so now I will list the official sites (pages) where you can download MetaTrader4 from the main brokers:

Install Metatrader 4 on your computer.

After downloading the file to your computer, run it and follow all the instructions for installing Metatrader 4, filling in all the fields along the way, everything is in Russian and installing the metatrader is no different from installing a regular program, so I think you will succeed.

I will bring step by step instructions MT4 installation on a computer:

1. You have downloaded the mt4 installation file to your computer

This is how the MT4 installation file downloaded to the computer desktop looks like

2. To install - double-click on it with the left mouse button, a dialog box will appear where you need to agree with the license agreement (by ticking) and click the next button

The second step of installing Metatrader 4

3. Attention! If you need to install MetaTrader in a folder other than the default one, then do not rush to press the "next" button on the second step!

For example, you install all programs on a special computer disk so as not to litter the C drive on which all programs are installed, or suppose you need to install two or more trading terminals from one or different brokers, for this you need to specify different installation folders, then for this press the "settings" button. I will not describe further actions, as I talked about this in the article -

5. After that, the "done" button will appear. Click it and thereby launch the trading terminal.

Also read the article where I decipher the notation -, since many beginners do not understand this!

Pros of Metatrader 4

Metatrader 4 is used by millions of successful traders and brokerage houses around the world, do not miss your chance!

Metatrader 4 Forex is a platform that is widely used all over the world and here are its main advantages.

1. Multicurrency.

Myself Forex market built on a multi-currency basis. Metatrader 4 works in any country in any national currency.

2. Profitability and labor productivity.

MetaTrader 4 allows thousands of Forex traders to work through one server.

3. Reliability.

In case of damage to historical data, the MetaTrader 4 Forex platform restores the system.

In addition, MetaTrader can be restored in a matter of minutes using the second MetaTrader database server log.

4. Safety.

All information exchanged on the MetaTrader 4 Forex platform is encrypted using 128-bit keys. New scheme can hide the real IP address of the server. Data center with security system.

During an attack on the MetaTrader 4 system, the server continues to operate on a regular basis. MetaTrader has a system resistant to DoS and DDoS attacks.

5. Support 22 languages.

With MetaTrader "MultiLanguage Pack" can be easily integrated into any language.

6. Integration of web services.

To provide quality services to operators, the Forex MetaTrader 4 platform supports integration with web services (WWW, WAP). This feature allows you to publish real-time quotes and charts.

7. Flexibility of the system.

Forex platform has a wide range of customizable features. MetaTrader indicators offer a variety of pre-programmed technical charts. From the MQL4 MetaTrader language, you can create signals, trading systems, indicators and scripts, alert settings and real-time data export via DDE protoccollo;

The MetaTrader trading platform allows you to always stay in touch with the financial market.

MetaTrader 4 Mobile SE requires a smartphone based on Microsoft Windows Mobile 2003 SE.

8. Trading in automatic mode with an adviser.

Metatrader 4 + Expert Advisor allows you to trade Forex on a full automatic without human intervention, once everything is set up and the program trades itself.

At this point in time, there are a large number for this popular platform, which work according to different strategies.

9. Trading signals for automatic trading.

And without fail, read the article - where I talked about a completely new function of the fourth and fifth versions of the metatrader, which will allow you to conduct fully automatic trading by copying the trades of successful traders.

New functions of the MetaTrader 4 terminal - one-click trading.

Watch the video, it tells and shows in detail about the new functions of MetaTrader:

Look

And now, we will analyze the new features of one of the most popular Metatrader 4 terminals, but first, read the article -. I propose to consider innovations in latest versions programs. The review will affect 482, 500 and 507 builds.

1. One click trading in MT4.

There were many novelties, but the most expected and useful can be called (follow the link, there are more details about it). The function will help you to manipulate orders much faster. This includes:

A distinctive feature of the new toolkit is that all manipulations are performed with the mouse and almost without the participation of the keyboard. This useful innovation will be especially appreciated by those who:

• Trade a lot
• Trade on low timeframes
• They work according to a system that provides for quick entry on any event.

Previously, you had to replace these functions built into the terminal with a variety of scripts. Now there is no need for this.

The developed tools function much more reliably. You can learn more about this a little later, be sure to check out the article -.

2. Code Base tab.

The next innovation is the newly introduced Code Base tab. In this area of ​​the terminal, we get the opportunity to use a wide variety of software tools developed in the environment of the specialized MQL4 language. Collected here:

• indicators,
• advisors,
• Scripts.

We pass to the new terminal and proceed to the study of the opportunities that have appeared.

First, we check the permission of one-click trading. To do this, go to the "Service" menu, "Settings", and then go to the trading tab. If the function is not enabled, then place the necessary checkmark. After accepting the user agreement, click the "OK" button.

The new quick trading panel is invoked in three ways:

• Click on the icon at the top left of the chart workspace.
• Right-click on the chart workspace screen and select the "One-Click Trading" menu.
• Pressing the key combination "alt+t"

Using the new system, it is convenient to enter . First, the lot size is set. This is done in the quick trading panel.

A small change is conveniently obtained using the panel arrows. Feel free to lower and increase the volume. It will be faster to use the keyboard to change the lot by an order of magnitude.

By setting the desired level, for example, 0.1, we open a position. To do this, there are convenient buttons on the panel: sell - for selling and buy - for buying.

Please note that the developed panel allowed to enter the market without any additional windows.

When the decision is made to set a Stop Loss and Take Profit, all that is needed is to drag the buy level down to the desired protective order boundary and up to set the Take Profit.

To change stops, simply take a stop order and drag it to the desired quote value. If our goal is to cancel the order to stop, then click on the order line and select: "Cancel Stop Loss" or Take Profit.

In the same window, the level is determined and we use the opportunity to close the order at the market price. A button is also provided for changing order parameters. When this function is called, the standard placement window is displayed on the screen.

Once again, we draw your attention to the speed of closing positions! She got much faster.

When we aim to take profit after a breakout, the buy-stop order, which is great in this case, is also placed faster than before.

Just move the mouse pointer to the desired level and press the right button. In the context menu we see pending orders.

Among them are buy stops and set limits when the pointer is above the order to buy. To set a sell stop and buy limit, the pointer must be below the trade level.

Please note that buy and sell stops (sell lstop, buy stop) are placed in the "trading" submenu.

Note that when placing a pending order, we immediately see the lot size. This value can be changed on the quick bar at the top left.

We also note the speed of placing an order and the ability to move an order by simply dragging it with the mouse. Deletion can be done through the right key.

Since when dragging an order, it moves from level to level by itself, take profit and stop loss are set using the submenu and the standard window for working with orders.

In addition to orders, quick calls also touched on alerts. If you need to receive a sound notification when you reach a certain level, then this process has also been greatly simplified.

Alerts are not displayed on the chart. They can be seen in the tab of the same name.

Do not forget that in order to activate all these features, you definitely need to check the box “One click trading”.

Go to the terminal tab:

Recently, a rich selection of programs written in the MQL4 environment has been presented here.

To make it easier to navigate, each type of program has its own icon.

• A man in a hat - symbolizes an adviser
• The scroll represents the scripts.
• Indicators are decorated with a function icon in a square.

Look here:

In addition to the conditional name of the program in the data line, you can find it short description. Usually, it is enough to get an idea about the functionality of the program.

When you click on a line of code, the terminal redirects you to a browser window. Where a page opens with detailed information about your choice.

• Screenshots and videos.
• Recommendations for use
• And comments.

If you have any questions, you can discuss them with the author right there.

The convenience lies in the fact that now you do not need to deal with the difficult installation of your favorite extension. You simply drag and drop an interesting, for example, indicator onto the chart.

Before installing programs, make sure that the code has access to all modules of the terminal. To do this, go to the menu: "settings", tab "advisors". Here we tick the boxes for:

• Enable advisor
• Allow EA to trade
• Allow DLL imports
• Allow import of external experts.

3. Publishing screenshots in MT4.

Another interesting novelty will please the terminal for those who prefer to widely disseminate data about their own trading decisions.

We are talking about the ability to publish chart screenshots on the MQL5.com website. In order for this to become possible, you need to enter registration data on this resource in the terminal.

After that, you do not need to save the chart as a picture and upload it to the Internet. Metatrader 4 will do all this for you.

Simply right-click on the graph, select: "save as picture" and then make sure that the "publish image..." checkbox is placed in the right place.

After clicking "ok" you will be redirected to a site where you can get a set of links for all your needs when publishing images.

4. Other MT4 updates.

In addition to these updates, the terminal received a lot of other features.

One of these is information about the deviation from the market price in points and the deposit currency when moving trading levels, orders and stops.

(6 ratings, average: 4,83 out of 5)

Currently, almost all forex dealers provide the opportunity to work on the market through terminal MetaTrader4- a simple and convenient program, the interface of which was created by traders for traders. Today we will talk about the main features of this platform.

So, to install MetaTrader4, you need to download the distribution kit of this platform from the dealer's website to your computer. As a rule, this can be done absolutely freely, in particular, the installation file of InstaForex is located at ( https://www.instaforex.com/en/downloads.php).

The terminal is installed in the same way as all other applications on a PC, so I won’t go into details and will immediately move on to describing the capabilities of the platform. By the way, there are other useful instructions.

Suppose that you have already opened a demo or real account on the dealing center website, so after the first launch of the platform, an authorization form will appear in which you will need to specify your login, password and connection server.

Login - this is the account number, it must be sent by e-mail broker. The password is also initially generated by the company in which the account was opened. With the server, I believe, there are no questions either, since all the information listed is usually indicated in your personal account.

If suddenly, after the first launch of MetaTrader4, a pop-up window with the authorization form does not appear, it can be called manually using the "File - Connect to trading account" command.

After authorization, the terminal will emit a piercing sound signal (indicating that the connection was successful), and a colored bar graph will appear in the lower right corner of the working window, which acts as a connection indicator.

If the user entered the login, password or server incorrectly, the message “invalid account” will appear in this corner, if the information is set correctly, but instead of the indicator it says “no connection”, then one of two things happened.

The first option is that the forex dealer has problems with the server, which is extremely rare. Sometimes this can happen if you try to connect to the account just a few seconds after registering an account on the company's website.

In this situation, the information simply did not have time to update; the database has not yet received information about the new customer account. The problem is solved very simply - you need to wait a bit.

The second option - there are problems on the trader's side, most likely, the Firewall is configured too strictly and blocks the connection of the terminal.

MetaTrader4 terminal interface

After connecting to the account, the main program window will open, among the elements of which you should pay close attention to several modules.

• The main menu, through which the user configures the terminal. As a rule, many of the functions presented in this section, duplicate the commands of other modules, so the "File" list plays the most important role here.
• Market overview - here is a list of trading instruments. I draw your attention - immediately after installing MetaTrader4, only the most popular assets are listed here, i.e. there are significantly fewer of them than in the broker's specification, so to display all currency pairs and CFDs, you will have to run the following command:

• Navigator is a list of technical support solutions, in particular, here you can switch between different accounts and select indicators/advisers/scripts.
• Currency pair charts- in this field, asset prices are updated online, so traders use them for.
• Open chart timeframe- this is a kind of scale, in particular, if M1 is indicated here - minute quotes are broadcast on the main window, if M5 - five-minute quotes (one candlestick shows the fluctuation range for five minutes), H1 - the trader deals with hourly data, etc.
• Toolbar, which contains the main tools of graphical analysis. They can be useful for both analysis and markup. important information on the chart, for example, position entry points.
• terminal window- perhaps this is the most important part of the program, as it contains information on the current volume of funds, open and closed transactions.

How to open and close positions in MetaTrader4

Today, transactions can be opened in three main ways, the first of which is already obvious - this is a command on the main working panel.

The second method involves calling the required dialog module with the right mouse button, in particular, for this you need to click on the free space of the chart and select the "Trade - New Order" item from the drop-down list.

The third way is the easiest and fastest - you can use the F9 key (or the Fn + F9 combination).

Each of the listed methods has both advantages and disadvantages, but in the end the result will be the same - the order management form will open.

Here we set the lot size, take profit, and also select other parameters, in particular:

• Order type - market (it will be executed immediately after pressing the sell/buy button) or (it will work after touching the specified price);
• Comment - in this field you can write any text, ie. it plays the role of notes;
• Use maximum deviation - if you put a checkmark in front of this item, you will be able to set the amount of allowable slippage (a very useful feature on volatile assets).

As you might guess, after all the settings, transactions are concluded using the sell (bet on a fall) and buy (bet on a price increase) buttons.

But that's not all, the fact is that the listed methods of opening a position are not suitable for scalping (high-speed trading), so the MetaTrader4 developers have added another module to the program, it's called "One Click".

To connect it, you will need to execute the main menu command "Service - Settings" and select the "Trade" tab in the list that opens.

At the very bottom of this window is the line "One-Click Trading". We select the checkbox opposite it and agree with the provisions of the "Disclaimer".

Then we close the open windows, return to the chart, right-click on it and select "One-Click Trading" from the context menu.

If everything was done correctly, the graph will show additional module with two buttons (sell, buy) in the center of which you can adjust the volume of the transaction.

It should be immediately noted that positions opened using this function are concluded instantly, i.e. without additional confirmations and dialog boxes, so errors can lead to a drain on the deposit.

Adding an indicator to the chart

You can also attach an indicator to a currency pair in several ways, the first one is through the "Insert - Indicators" menu.

This approach is extremely inconvenient, so traders often use the second method, in which the necessary algorithm is selected in the navigator (with the left mouse button), after which it is dragged (without releasing the left mouse button) onto the working window.

And the last thing I would like to pay attention to in the framework of today's review is the call for help, since it is she who will answer all other questions. You can turn to the textbook for help using the menu command "Help - Call Help". If the terminal prompts you to update the training section, just click "OK" - the program will automatically download the latest information.

The trading terminal is the main instrument of a trader. Trading terminal MetaTrader 4 is a software, or more precisely, a set of hardware and software tools that provide interaction between traders and dealing centers in the implementation of various types of operations (trading and non-trading).

There are lightweight terminals that do not require installation on a computer and work through a web browser. You can get an overview of various trading terminals in the article "".

Terminals with a wide range of functions and capabilities are provided by dealing centers to their customers, as a rule, free of charge, in the form of distribution files for their subsequent installation on the user's personal computer. One of these terminals is trading platform MetaTrader 4, the most popular and widespread today. This platform works both in real and demo mode.

For beginners who are taking their first steps in the Forex market, it is recommended to review metatrader 4 in demo mode: study the program interface, functionality, learn how to analyze the market and trade with virtual money. In order to open a virtual or real account, you need to download a terminal from the site of the selected dealing center. More details on how to download, install and work with the MetaTrader 4 program are described below.

Installing the MetaTrader 4 terminal.

Each dealing center offers its clients its own platform that works only with accounts registered on the website of this dealing center. In any case, the functionality and interface of all platforms is the same, except that their name contains the name of the DC itself (Alpari MT 4, Forex4yoy MetaTrader 4, etc.). Therefore, if you decide to work, for example, then download the terminal from its official website using the links provided. After the download process is completed, start installing the terminal. Depending on which company offers the trading platform, the installation steps may differ slightly, but the essence remains the same: accepting all license agreements and warnings, assigning an installation directory (by default it is C:\Program Files\) and downloading components programs on a computer.

Note, that several terminals of one or different dealing centers can be installed on a computer at the same time. To avoid confusion with their installation, changing parameters and using it, it is recommended to create, say, the Terminals folder on the D drive, and install the MetaTrader 4 programs there, giving them recognizable names. For example, if you are downloading a terminal to work with the Ilan adviser, then name the installation directory accordingly D:\Terminals\Roboforex\MetaTrader_Ilan\, similarly with other names - D:\Terminals\Forex4you\MetaTrader_Gepard\. After the platform is installed, it is launched and configured.

At the first launch of the MetaTrader 4 terminal, a window with a demo account registration form will be displayed on the computer. If you open a demo account, then there are no requirements for the correctness of filling out the form, except that it is in your interests to indicate the type of account, deposit size and with which you are going to work further in real mode. After filling out the form, click on the Next button:

A window for selecting the server with which your terminal will communicate to receive data from the Forex market opens. If you open a demo account, then the word Demo is usually present in the server name, for example, EGlobal-Demo. Click on the Scan button to check the speed of the server, upon completion of the scan, again on Next:

A window opens with the client's registration data, the account is assigned a number, which is also the login for entering the terminal, personal password and investor. An investor password is needed to access the account without the possibility of making transactions in the terminal. This password can be given to acquaintances, friends, potential partners, so that they can monitor the status of your account and open transactions for various purposes:

If you have downloaded the trading terminal to work with real money, then when opening a window with a demo account registration form, simply close it or click the Cancel button. If you have not yet opened a real account with the selected company, then register with and save the received account data - login, password from the trading terminal, investor password and the name of the trading server on which the account is opened.

These data are used to enter the terminal, while in the Login field your account number is indicated, and in the Password field - the password specified during registration or generated by the dealing center (different companies have different rules). Carefully select the server on which your account is registered, as a rule, it is also indicated in your personal account on the Accounts Overview tab or something similar (this tab is called differently for different DCs). Information can be clarified in the support service of the DC. To log in, press the Login button. If you check the Store personal information checkbox, then the trading account number will be visible in the Accounts section of the Navigator window located to the left of the charts, and when you restart the terminal, you will not have to enter them again:

This is what the metatrader 4 terminal looks like right after opening:

Metatarder 4 Review: Charting Windows.

Let's review MetaTrader 4 and its capabilities. The most important thing in the terminal is the graph. Depending on how many currency pairs a trader works with, he can open as many charts of currency pairs. You can also open multiple charts one at a time. currency pair. The need for this appears if several different strategies or Expert Advisors are used to work with one instrument, which are simply inconvenient, and cannot be tied to one chart. In order to open a new chart in the Market Watch window, hover over the required symbol, right-click on it, and select the Chart window line from the menu that opens:

1. If unnecessary chart windows are open, then close them by simply clicking on the cross (number 1 on the screen). In order to fully expand one chart, click on the button next to the cross (number 2 on the screen) or double-click on the name of the chart window (number 3 on the screen). To switch to another chart, click on the tab with its data:

There are three types of charts in the MetaTrader 4 terminal: bars, Japanese candlesticks and lines. The most convenient and understandable chart with Japanese candlesticks, so we recommend using it. For information on how to use the Japanese Candlestick chart, see the article "Chart - Japanese Candlestick". You can switch the type of graphs using the buttons in the toolbar. An important property of the chart is its time frame, that is, the period of time for which the candlestick (bar) shows the price of the instrument. There are the following time frames: 1, 5, 10, 15, 30 minutes, 1 hour, 4 hours, 1 day, 1 week, 1 month. They are presented on the toolbar in the Chart Period field:

When working with graphs, their color plays an important role. It does not affect the conduct of transactions in any way, but it has an important role in the psycho-emotional state of the trader. It is convenient to work with such a schedule, everything is perfectly visible and nothing distracts:

But such a chart will obviously annoy, and such backgrounds are used when creating some templates for trading strategies:

In order to customize the color palette to your taste, right-click on the chart you are working with, and select the Properties item from the drop-down list (usually it is at the very end). In the Chart Properties window that opens, set the most convenient color scheme, background color, text, grid, and other graphic elements that help you work with the chart. After selection, click OK:

And it's even easier to have a "duty color scheme" in the form of a template, so that each time you don't have to manually adjust the appearance of the chart window. One of these templates with a neutral and comfortable dark color scheme (as in the first example) can be downloaded from the following link:

Download archive temnaja_tema.rar (downloads: 465)

Unzip the downloaded archive with the template and copy the Dark_theme.tpl file to the \templates\ folder of the trading terminal, for example, D:\Terminals\Forex4you\MetaTrader_Gepard\templates\Dark_theme.tpl. After that, click the Templates button in the toolbar of the MetaTrader 4 terminal and select the Load template item in the window that opens, find and select the Dark_theme.tpl file and click OK. Everything, not tiring the eyes of the dark theme is already installed.

Market Watch window.

By default, the Market Watch window is located to the left of the charts. This window displays information about the purchase and sale prices of currency instruments at the current moment: Bid - sale price, Ask - purchase price. This set of tools is initial, the client can change it at his own discretion. The next time you start the terminal, the window will display the symbols configured by the trader. If you right-click on a line with any currency pair, then the following context menu with tasks appears:

• Task New order designed to open a window in order to make a trade transaction with the selected instrument (buy, sell);
• Graph window displays the instrument chart;
• tick chart displays a chart in the Market Watch window showing each price change;
• The following is a list of tasks that can be performed with the symbols in this window: delete the selected one, just hide it, show all available on the server, select the necessary ones that are not indicated in the window;
• Max/Min- displays information about the maximum and minimum values ​​of the price;
• Time- displays information about the time for which the prices of symbols are relevant;
• Autosize columns And Net customize the appearance of the window;
• Quotes window- displays an additional window of quotes.

The purpose of the Navigator window is to quickly access a number of terminal features. The list of these possibilities is displayed in the form of a tree:

This includes the following groups:

• Accounts- displays a list of available accounts. To start working with another account, you must double-click on it with the mouse;
• Indicators- built-in MetaTrader 4 indicators used for technical analysis purposes. Double-clicking on an indicator binds it to the chart. Or you can just drag it to the chart;
• Experts- available and downloaded;
• Custom indicators- built-in indicators plus those loaded by the user into the terminal;
• Scripts- list of available scripts.

Trading terminal window.

The Trading Terminal window allows you to perform procedures such as opening, closing, editing, deleting orders and controlling open positions, viewing the history of operations on a trading account, setting up signals for various events, viewing internal mail, and monitoring server connection events.

All these procedures are performed in the corresponding tabs:

All terminal windows are floating, they can be dragged to any convenient place within the terminal itself.

Metatrader 4 Review: Terminal Menu Bar.

File menu:

• New chart- allows you to open a new chart window for an instrument available in the Market Watch;
• Open Offline- launching the terminal with the data saved for the last time without connecting to the server;
• close- closing the current chart in the working profile;
• Profiles- selection of a profile, that is, a set of necessary work schedules. The current profile is marked with a tick;
• Save as- saving historical data to a file in one of the following extensions: CSV, HTM or PRN;
• Save as picture- saving graphics as an image in .gif format;
• Open an account- opening a demo account;
• Seal- output of the chart for printing;
• Exit- exit from the terminal.

Menu View:

• Languages- setting the terminal interface language. The changes take effect after the platform is restarted;
• Toolbars- hide or display toolbars in the terminal window;
• Status line- hiding or displaying the status bar. This line is located at the very bottom of the terminal;
• Navigator- hide or display the Navigator window;
• Terminal- hide or display the Terminal window;
• Strategy Tester- hide or show the window.

Insert menu.

• Indicators- linking the selected indicator to the current chart;
• lines- installation of various lines on the chart, which facilitate the work with it;
• Channels- installation on the schedule of channels;
• Gann- installation on the chart of figures according to Gann;
• fibonacci- installation on the chart of figures by ;
• figures- drawing various graphic figures on the chart;
• Badges- adding auxiliary icons to the chart.

Menu Graph.

• List of indicators- output of indicators available for operation;
• Bars, Japanese candlesticks, Lines- types of charts;
• Period- setting the required time frame;
• Sample- displaying a list of templates and a list of possible actions with them (save, load, delete);
• Update- updating the current chart by downloading new quotes from the server;
• Net- hiding or displaying the grid that marks the graph field;
• Volumes- output on the chart of information about volumes;
• Autoscroll- the ability to shift the chart to the left at each new opening of a candle (bar);
• Graph shift- shift of the last candle (bar) from the right border of the chart window;
• Enlarge/Reduce- increase or decrease the scale of the graph;
• Step by step- chart shift to the left by one candle (bar);
• Properties- call the chart settings window.

• New order- call the order management window;
• Quotes archive- call a window with available for download;
• MetaQuotes Language Editor- calling the MQL editor to make changes or create any program files (indicators, scripts, Expert Advisors, etc.);
• Settings- call the terminal settings window.

Window menu.

• New window- opening a new chart window for financial instruments that drop down as a list;
• Cascade/ Horizontal/ Vertical- determining the location of charts;
• Place Icons- ordering icons of minimized windows.

Help menu.

• Calling up help- calling the manual for using the MetaTrader 4 trading terminal.

The review of the Metatrader 4 trading platform will allow you to familiarize yourself with the terminal interface. But, of course, in order to be able to work with him - this is not enough. You also need to learn how to read charts and open trades. Detailed information on how to work with the Japanese Candlesticks chart is described in the article, and how to open orders, modify and close them, read the material. This, perhaps, will be a complete review of Metatrader 4, giving basic knowledge to a beginner in working in the Forex market.

The MetaTrader 4 terminal is a convenient and functional platform for trading in the Forex market.

It is the choice of most traders in the world because it contains all the features you need to trade forex instruments and CFDs: technical analysis, order execution, online news, market indicators, advisors, etc.

You do not have to additionally look for and connect other programs. All the tools for successful trading are already in the terminal. You can start trading immediately after installation.

Download the MetaTrader 4 trading platform from the Gerchik & Co website, trade Forex and make a profit.

For this you need: create Personal Area, open a deposit for trading, download the MT4 terminal and install it.

Features and benefits of the MT4 trading platform

Because this platform gives the trader all the necessary information for a detailed analysis of the market, it can be used to conduct all types of transactions and implement any strategy.

The MetaTrader 4 terminal has a high speed of operation and easy transition between menu sections. All functions are at your fingertips. Visual graphs and tables are available.

The trading process is simple and pleasant. A trader does not need to be nervous and worried that problems will arise. You can fully focus on transactions and get maximum profit.

In the MT4 terminal:

• Simple interface - easy and intuitive for the user. Quick analysis of the market situation and immediate execution of transactions.
• A variety of instruments: currencies, indices, raw materials, metals, stocks.
• Any kind of transactions, including immediate execution.
• Interbank liquidity - make transactions at the best price in the market.
• Free set of indicators and advisors for trading.
• Working with market and pending orders.
• Market analysis on different timeframes.
• Reliable protection of information when registering a trader's trade. Complete privacy.
• Online news are the main events in the market.
• The ability to customize the MT4 platform specifically for your trading system. Do not waste time manually searching for signals on charts - program the MetaTrader terminal using the MQL4 programming language and receive trading signals for your personal strategy.
• The ability to create and add other indicators to the terminal, incl. in the options and futures market. This provides additional information for decision making, helps to understand how the situation will develop and where the price will move.

The terminal for trading on Forex MetaTrader is suitable for any device: you can download it on a PC, tablet or install an android platform.

The terminal already contains standard indicators and is ready to trade immediately after downloading. The standard set includes popular indicators for analyzing the Forex market, which help determine the trend, predict price movements and find good points for entering a deal.

Download the MT4 platform for free and trade with Gerchik & Co conveniently and profitably!

Useful articles:

See also video instruction on the use of the volume indicator "Real Market Volume"

A convenient trading platform is an important factor for successful trading. That is why the MetaTrader4 terminal is popular both among traders and forex brokers. Functionality is achieved thanks to the integration into mt4 of an information and analytical system - one of the best to date. In this article, we will talk in more detail about the features of the MT4 trading platform.

Consider the following points:

Functional features of MT4

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The MetaTrader4 terminal provides users with functionality that is not available in similar trading platforms:

• tool kit for ;
• editor for writing indicators, strategies and scripts;
• strategy tester;
• forex news in real time;
• the possibility of opening a practice account;
• conclusion of transactions with one click of the mouse;
• keeping the deal for a long time;
• work with several currencies on one account.

The interface of the platform is simple and clear - they master it within a few hours. This list of platform features is far from complete, but sufficient to understand the popularity of mt4.

Where to download MT4, getting started with the platform

The trading terminal of any broker is installed in the same way. To do this, you need to download (always free of charge) the MT4 installation file from the broker's website and run it. After launch, you must agree to the license agreement and follow the instructions of the installer.

It should be noted that several terminals of one broker can be installed on one computer. To do this, you just need to select another directory for installation. In addition, the user can install an unlimited number of terminals from different brokers on his computer.

The presence of a demo account allows the trader to more fully explore the functionality, develop the skills of analysis and the algorithm of work, and, if desired, test the chosen strategy. During the first launch of the trading platform, a special window prompts the user to register a demo account. The same operation can be carried out using the menu "File → Open account".

After filling out the "Personal data" form, you should select the fastest server. In the next window, click the "Scan" button, as a result of which the server with the minimum ping will move to the first place.

After opening an account, a window appears with the data for entering the terminal, which must be written down or copied. In case of failure when opening an account, you must go back one step and repeat the procedure.

Important: When using a demo account, you need to remember a few rules:

• a demo account is automatically closed if there is no activity on it for a certain period set by the broker;

• You can open an unlimited number of such accounts;

• only a demo account can be opened in the terminal. An account for real money is opened on the broker's website.

In the process of using the platform, it is periodically required to enter a login and password. At the same time, some errors do not allow such an entry to be made.

The entrance is carried out through the menu "File → Login". It is necessary to pay attention to the fact that when choosing an investor password, the functionality of the terminal will not be available. The investor password only allows you to monitor trading on the account and analyze charts.

If you check the box next to the "Store personal data" option, the next login will occur automatically.

The presence of a connection is displayed in the lower right corner of the terminal in the form of a blue-green indicator and a traffic indicator next to it. If there is no connection, the indicator is inactive, and instead of traffic, the message “No connection” will appear.

The connection when entering the platform appears for some time. If the connection has not appeared, you should rescan the servers, for which you need to click on the inscription. As a result of this, the necessary window will appear, in which you can try to select a server manually, if the broker provides such an opportunity. Prolonged disconnection can occur for the following reasons:

• lack of Internet connection from the provider;
• operation of an antivirus or other program using the same data channel;
• technical failure at the broker. With frequent repetition of such a problem, a decision should be made to change it - the stability of the trader's work in the forex market depends on this.

When using several accounts in one platform, the login is carried out in a similar way, while the Navigator menu displays all the user's existing accounts, activated with two mouse clicks.

Instructions for working with Metatrader4

The interface of the MetaTrader4 trading platform consists of several blocks and looks like this.

The main menu contains the platform management functionality. On the chart panel, you can customize the way they are displayed and use the analytical tools of the platform. The graphical toolbar contains additional options for analysis. graphics are also carried out on a separate panel.

The currency pairs provided by the broker are contained in the Market Watch window. This panel is dynamic, with online quotes changing.

The price chart is located in a separate window. At the same time, multi-window mode is supported, allowing you to open several charts at the same time and use their individual settings.

The "Navigator" window displays the user's accounts, as well as various analytical tools available and separately installed in the terminal - trading robots, indicators and scripts.

The "Terminal" window provides information about the size of the deposit, open transactions and their current status. On additional tabs, you can see the history of trading operations, read current forex news, and receive broker messages. The history of trading operations is contained in the "Journal" tab.

The convenience of the trading terminal lies in the fact that the user can customize the working windows at his discretion. It can close unnecessary windows, move them, arrange several charts in any order, stretch them or, conversely, reduce them. All control is done with the mouse and is intuitive. Another useful feature is the ability to customize templates, with which you can apply the necessary interface to any newly opened chart.

Order opening algorithm

The process of entering a position should be described separately. There are several ways, the main ones are:

• by pressing the "New order" button on the toolbar;
• right-click in the price chart field and select “Trade → New Order” from the menu.

At the same time, the currency pair of the active chart is displayed in the window. You can change the tool by clicking on the arrow next to the symbol. It should be noted that only the pairs contained in the "Market Watch" table are displayed.

Important: In order for the window to contain all the currencies provided by the broker, you need to right-click in the "Market Watch" field and select the "Show all symbols" line.

Next, the lot size is set in the "Volume" field, as well as . The type of order execution - immediate or pending order, is selected in the corresponding field. Even lower are the current prices at which a deal will be opened. The final step is to select the type of order: sell sell or buy buy, for which there are corresponding red and green buttons.

To avoid (broker's refusal to execute at the requested price), due to , you can activate the "Use the maximum deviation from the price" function.

If stop loss and take profit are set, the deal will be closed by these orders. But it is also possible to manually exit the position at the current price, for which you need to right-click on the order line in the "Terminal" block and select "Close order" in the context menu. Following this, the order window will open, where you will need to click on the yellow button for closing the order, which contains the closing parameters.

Working with scripts, indicators and experts

The ability to use a wide range of technical tools for a more complete market analysis available in the terminal is a distinctive feature of mt4. In addition, the presence of the MetaEditor editor allows a trader who knows the MQL4 programming language to independently write and place scripts in the terminal - small programs for performing one-time actions, as well as their own indicators and experts. Indicators can be installed by selecting them from the "Insert" menu or by dragging them onto the chart from the "Navigator" window.

The rest of the software is installed in the same way by dragging or right-clicking on the icon and selecting the item "Execute on chart" - for a script, or "Attach to chart" - for an expert. Many scripts need to be re-installed at runtime if they need to be reused.

Features of MetaTrader4

Many traders do not go further than learning the basic features of the terminal. And absolutely in vain. The fact is that the platform has a number of hidden features that can greatly facilitate the trading process. Let's consider the most important of them.

The possibility of "trading with one click" appeared in the latest versions of the terminals and contributes to more efficient work with orders. Its peculiarity is that orders are opened and closed on the chart using the mouse. To activate, go to the menu "Service → Settings → Trading", where check the box next to the item "One-Click Trading".

After activating the function, a window with market price data, lot size and buttons for opening an order appears in the upper left corner of the chart. Stop loss and take profit are set by dragging the price line to the calculated levels.

Important: Operations with an order are performed without a confirmation request, therefore, before deciding to enter a position, it is necessary to finally determine the parameters of the transaction and exit points.

To close an order, right-click on the order line and select the appropriate item from the pop-up menu.

The Market Watch window has several useful features. First, viewing the properties of currency pairs allows you to find out several of their important characteristics for trading. To do this, you need to call the context menu by clicking in the window field with the right mouse button and activate the "Symbols" menu item. Next, click on the pair of interest, as a result of which the "Properties" button becomes active on the right.

Secondly, by selecting the "Quotes Window" line from the menu, you can place the current quotes window on the desktop of your computer, located on top of the windows. This feature is useful when a trade is open and you need to do some other work on your computer.

A useful feature for analyzing previously completed transactions is the "Terminal" window. For example, if you drag a trade located in the "Account History" tab onto the chart, this trade will be displayed in a graphical form.

In addition, if you hold down the Shift button at the same time, all transactions for this currency pair will be displayed on the price chart. This function will be useful when checking the work of an Expert Advisor.

Many trading strategies involve exiting a trade in the form of a partial closure of a lot. But not many people know that such an operation in MT4 is feasible. To do this, follow the same steps as when completely closing an order, but in the "Lot" field, set the part of the transaction that needs to be closed.

A very important function is located on the main panel. Probably, any trader has had cases of erroneously closing the chart window, which can cause undesirable consequences, especially when various analysis tools were installed on it. To restore a lost chart, you need to enter the menu "File → Open Deleted" and select the one you need.

Here is a good video tutorial on how to use the Metatrader4 terminal.

Conclusion

Probably, the statement that knowledge of the functionality of the trading terminal is the basis for successful trading will not be a big secret to anyone. Proficiency in trading comes with experience, including experience with trading platforms.

This article contains only the most basic information that will allow you at the very beginning of your trading. Many of these opportunities will open up to the user after carefully studying the instructions of the metatrader4 trading terminal.

I would really like experienced traders to share their knowledge about the capabilities of the terminal, which could be useful for the entire trading community.

All successful trading and profit!