In this article, we are going to discuss the basics and benefits of online charts, and MetaTrader 4 specifically. Generally, using the online charts makes trader’s life easier by saving a lot of time. But the MetaTrader 4 is not only a chart but also a platform, which you can use to sync with your broker and to set automated trades. Thus, Mt4 can be settled to make decisions automatically without you being next to the computer.
It is a platform with a lot of features and hidden options, which are clear and understandable for every trader. Here we will try to explain you main secrets and benefits of the platform.
By the way, you can always install mt4 for mac and Windows as well equally fast. Everything you have to do is just one click. The main reason why you may want to have MetaTrader 4 on Mac is that you are going to get a much faster and more effective trading experience.
Mt4 Platform: Hidden Functions And Options
If you are a forex trader, Mt4 is a must-have tool, which you need to have for successful forex trading experience. The platform consists of a set of charts and areas, which have to be followed by users. The first thing, you need to do when using the platform is creating a new chart. The form and color of the chart can be changed due to your preferences. At the same time, you can create new charts and switch from one window to another by one click only. All charts can be modified, by adding as many indicators as you need. You can change a currency type while working with the chart without losing any existing data.
The navigation of the platform is very simple and versatile. You can manipulate the charts from different windows as well as from one window, which shows all of the charts at the same time. You can not only add new data and indicators but also remove them.
MetaTrader 4 has a good variety of advanced features, which are hidden from beginner users. For example, you can use alert indicators (stochastic alerts, RSI alerts, price level alerts, etc.) for your charts. All of them can be easily downloaded from the Internet and set in the Mt4. You can also activate the alert, which will send you an email. Everything depends on your trading strategies only.
Another interesting thing is that you can save all your charts in the personal profile, create new charts, and open everything all together. The indicators will show you the time zones and the sessions, which are active at the moment.
Mt4 is a very simple platform, which will be easy to use and, what is most important, helpful for beginners and advanced traders as well. Try to create your own profile in MetaTrader 4 to be sure that forex trading can become easier.