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MT4 Education

MetaTrader 4 is an industry leading trading platform with superior charting, automation, and order execution capabilities. Download MetaTrader 4 and get started.

MetaTrader Tutorial Videos

- Overview of MetaTrader

- Chart Analysis

- Placing Orders
  in MetaTrader 4

- How to Load a Trading
  Robot into MT4

Forex Basics

Download Metatrader 4

Forex Basics

Introduction to Metatrader 4

Forex Basics

Chart Analysis

- Opening a Chart

- Chart Types

- Loading an Indicator

Forex Basics

Placing Orders using MT4

- Opening a Position

- Closing a Position

Forex Basics

How to load an EA

- Downloading an EA

- Loading the EA onto the
  MetaTrader 4 platform

- Applying the EA to Your
  Trading

- Loading Multiple EAs
  onto MetaTrader 4

Forex Basics

How to Pick an Expert Advisor

- The Cold Hard Statistics
  - Part 1

- The Cold Hard Statistics
  - Part 2

- An Emotional Standpoint

- The Importance of
  Risk Management

Introduction to Metatrader 4

The Navigator

The Navigator is the control center of MT4 and the place from which you will perform most of your functions, from logging into a specific account to accessing files you need. Figure 1-4 shows the navigator.

Metatrader 4 Education

The Navigator contains five distinctive areas:

Account Log in
Allows you to switch between the different Forex accounts that you may have.

Indicators
Here you can view all of your indicators; in order to view your indicator, simply drag it onto your chart and a "parameters input" box will show up. Here you can select your preferred parameters. Once complete, the indicator will appear on the chart.

Metatrader 4 Education

Expert Advisors
One of the best features of MetaTrader 4 is that it allows you to use trading robots on your account. This way, you can implement strategies without having to manually place orders. The robot will do this for you. In order to implement a robot (Expert Advisor) in your Metatrader, you simply drag it to the chart and make sure that you enable it to allow live trading, when prompted.

Once you implement the expert advisor on a currency pair chart you should see the expert advisor name at the top right hand corner. Remember that the expert advisor is functioning only on the chart of the currency pair which you loaded it on and only on the time frame which you selected. As you can see there are some parameters that you can set when implementing an expert advisor; such as going long only, short only or both long and short.

Once you have set all of your parameters and clicked ok, you should see a smiley face picture next to the EA name in the top right hand corner, if you do not see this, make sure that the expert advisor button was pressed on the tool bar.

Metatrader 4 Education

Custom Indicators
Custom indicators are indicators other than the preset ones provided by the platform. They function in a similar fashion as the regular indicators.

Scripts
Scripts are preset commands for trading and risk management. They will allow your account to perform certain functions. For example there is a script you can use to delete all pending orders at once.

Metatrader 4 Education   Metatrader 4 Education
Forex trading involves significant risk of loss and is not suitable for all investors. While you can earn a cash bonus,
you can also lose money due to the inherent risk of trading. Read full disclosure.

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