Lesson No 6
It is very important to be familiar with
the user interface of any software to use it efficiently and effectively. So today we will discuss user interface of
metatrader 4 software.
When you open MT4 software, you will see
following window:
This is the main interface of MT4
software, at the top of the window you can see status bar which shows your
account number and type of the account, it also shows your broker name if you
have registered with a any other broker than metatrader. Account number and account type is
highlighted in red box above.
Green box is menu bar which contains
software main menu controls like, file, view, insert, charts, tool, window and
help. It is shown in green box in the image above. Then below this there may be one single or
two rows of tool bar which have all forex related tools like different
indicators, time and zoom tool, auto trading tool and many other tools. It is shown in dark blue box.
In the main area of the window there are
two portions one is market watch and other is graphs window. Market watch contains list of all currency
pairs, metal and other trading instruments with their as and bid prices. Other part contains graphs window, you can
select currency pair and drag it to graph window to see its graphs, you can
increase or decrease number of graphs, you can arrange graphs in different
arrangements.
At the bottom of the window there is a
bar which will show your trades and trade history, it has some other components
like news, mailbox, journal. Signals, code base, market etc.
You can check these menus one by one to got familiar with all these so
that you can use this software more effectively and efficiently.
You can download Ebooks for free and got more knowledge for Forex Trading.
You can download Ebooks for free and got more knowledge for Forex Trading.
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