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July 1st, 2009

MT4 Trading Platform Quick Tips #5

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Written by Kirk
Topics: MT4 Tips, Trading Strategies, Trading Tips

This is a good way to get rid of currencies you not trade to keep the market watch window organized mw-hide-allmw-hide-all-2 mw-hide-all-4 mw-hide-all-3

 

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June 24th, 2009

MT4 Trading Platform Quick Tips #6

1 Comment
Written by Kirk
Topics: MT4 Tips, Trading Strategies, Trading Tips

This little tip is a fast way to group your currencies for quick reference when there is a good move in one group of currencies. i.e. if the JPY pairs are moving, you could group all the JPY pairs for easy access. Just right click in the Market Watch box to get the pop up menu. You can create several sets of symbols and switch between them, if necessary. This can be very useful if you work with different groups of symbols (currency pairs, shares, futures, etc.). Hide all "excessive" symbols and save the set obtained. sets

 

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June 22nd, 2009

MT4 Trading Platform Quick Tips #7

2 Comments
Written by Kirk
Topics: MT4 Tips, Trading Strategies, Trading Tips

If you want to only see a few pairs in a larger format then this will be a handy tool. The Pop up prices window can be opened  by pressing F10. If you select "Always on the Top" in the context menu of this window, you will be able to watch quotes while working with other applications. pop-up-box_

 

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June 19th, 2009

MT4 Trading Platform Quick Tips #8

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Written by Kirk
Topics: Trading Strategies

This is a must!!!  Be sure you know how to save a template. Background and bars colors, indicators and objects can be made the same for all charts. To do so, adjust any chart as you wish: set colors, superpose objects, attach indicators, etc. Then select the "Charts -> Template -> Save Template…" menu and save the obtained template as default.tpl templates-3templates-4

 

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June 17th, 2009

MT4 Trading Platform Quick Tips #9

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Written by Kirk
Topics: MT4 Tips, Trading Strategies

This is the feature that we  use the most of all the great features

Meta Trader 4 platform

has. To call the "Crosshair" object, click the middle button of the mouse or press Ctrl+F. This can be very useful when working in the full-screen mode. You can check vertical distances and the amount of bars between two points using the ruler. To do so, select the "Crosshair" object, click with the left mouse button on the first point in the chart and drag the cursor to the second point. crosshairs The first number (23) is the count of bars, the second number (157) is the vertical distance in pips, the third number (1.8705) is the bid price in the second point.

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June 15th, 2009

MT4 Trading Platform Quick Tips #10

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Written by Kirk
Topics: MT4 Tips, Trading Strategies

This is the key tool to doing simulated trading and getting a lot of experience in a short period of time. Use F12 to page through the chart bar by bar. This function can be very useful when you develop and test your own forex trading strategy. Just open the chart at the very beginning of the history (press Home) and page

 

through it bar by bar. f12 Shift+F12 will page through the chart backward.

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June 12th, 2009

MT4 Trading Platform Quick Tips #11

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Written by Kirk
Topics: MT4 Tips, Trading Strategies, Trading Tips

This is a must for saving time in keeping your journal.

Closed positions and deleted pending orders can be displayed in the chart.

To do so, go to the “Account History” tab in the “Terminal” window and drag the order to the chart using the left mouse button. It is necessary that the symbol history of the selected order is downloaded from the server. If the order is dragged to another symbol chart, it will be replaced with the selected symbol chart.

The order is displayed in the chart as order opening and closing/deleting arrows joined with a trendline segment. StopLoss and TakeProfit levels are displayed in the vertical line with the open price.

journal

If Shift is pressed at the moment of dragging, all positions for the symbol of the selected order available in the “Account History” tab will be displayed.

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June 10th, 2009

MT4 Trading Platform Quick Tips #12

1 Comment
Written by Kirk
Topics: MT4 Tips, Trading Strategies, Trading Tips

You need to know this to be able to move your stop losses into protect profits.

To modify Stop Loss and/or Take Profit, double-click on one of these fields in the order line.

sl_tp_1

After that, enter necessary values in the newly opened window.

sl_tp_2

MT4 Trading Platform Quick Tip #13

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June 8th, 2009

MT4 Trading Platform Quick Tips #13

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Written by Kirk
Topics: MT4 Tips, Trading Strategies, Trading Tips

This is a good one to correct mistakes.

If you have deleted an object by accident, press Ctrl+Z to undo.

mistakes

MT4 Trading Platform Quick Tip #14

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June 5th, 2009

MT4 Trading Platform Quick Tips #14

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Written by Kirk
Topics: MT4 Tips, Trading Strategies

Get a deleted chart back.

Charts closed by accident can be reopened with all their settings using the “File -> Open Deleted”.

deleted-charts

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