How To Set Up MetaTrader Forex Signals Chart Platform by FxPremiere Group Live FX Signals site and Daily Live Forex News
How To Set Up MetaTrader Forex Signals Chart
Yes – How To Set Up MetaTrader Forex Signals Chart Platform, This Trading Guide is going to provide you with basics of using the MetaTrader trading platform. MetaTrader 4 (MT4) and or (MT5) is the most popular Forex Signals trading platform and fx charting software in the world.
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After you read today’s guide about MetaTrader platform, have fun learning how to place these on a Demo account.
Navigation on the MetaTrader 4 or 5 platform: The main windows
On the left screen shot of approximately what your MetaTrader platform will look like when you first open it. Your FX charts will be black and green with indicators. Price action forex trading in the next chapter.
Lets start with the main functions of each window you see in the images below:
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1) The first window at the very top is the Forex Platform “Toolbars” window, here you’ll find several icons that allow you to modify different things. How To Set Up MetaTrader Forex Signals Chart Platform
2) The next window is the Forex Signals “Chart” window, this is where you will see the current charts you have open currently. The default has 4 windows. You can add edit or delete as and when you please.
3) Next, see the Forex Signals platform “Market Watch” window on the upper left hand side of the screen. The capital market watch window lists all the markets available from your forex broker and gives you their real-time bid and ask prices. Please remember to unlock all forex signals markets offered by your forex broker, right click within the market watch window and then select the “show all”.
To see which currency pairs I prefer to trade as well as an example of how you might want to populate your market watch window, check out my article on the best forex pairs to trade by FxPremiere Group analysts.
– Below we can see the main windows of the Meta Trader 4 forex signals platform: How To Set Up MetaTrader Forex Signals Chart Platform
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4) Below the market watch window is the Forex Signals “Navigator” window. In this window you can see your account. Also read FXPremiere Group articles on forex indicators.
5) Terminal ( the last window ) appears at the bottom of the screen and within it you’ll find TABS called Trade, Account History, News, Alerts, Mailbox, etc. You can go through each tab. The “trade” tab is the most important which allows you to set pending and open trades. The “account history” tab contains all your account movements, withdrawals, and closed trades, etc.
Setting up your forex signals | charts for clean price action trading
You can modify your price charts in Meta Trader to reflect your own personal style and color preferences. How To Set Up MetaTrader Forex Signals Chart Platform
1) How to open a FX chart
Click on the “file” menu at the top left of your screen and then click “new chart”, or you can ‘right click’ in the forex market watch window on the currency pair you desire and then select “chart window”. There’s also a “new chart” icon in the toolbar, look below for more detailed visual.
2) How to set ~FX chart properties
When you pick your option, open chart, you want to get it setup for price action trading in forex. You just need to ‘right click’ on the FX chart, and then select “property” which is at the bottom of the menu, then the box below appears.
Now, as you can see in the “color scheme” window there is actually already a “black on white” theme that you can use.
3) How to save your chart setup as a template and save it.
Modify color schemes and your option on how you want the platform to look and other chart properties, then you can apply the same properties to other Forex Signal charts easily.
Click on the “Template” icon in the toolbar and then select “save template”, see below.
I’ve also labeled a few other functions on the toolbar in the image above. We can see in the “chart type” box you can select bar, candlestick or line chart; we use forex candlestick charts. FxPremiere Group helps you through the Metatrader 4 setup with many Forex Signals Learning Guides.
To open a chart with the current open chart’s template properties, simply select the FX market you want to see in the market watch window and then left click and move it over to the chart window containing the template you want. How To Set Up MetaTrader Forex Signals Chart Platform
The image below shows you how to setup 4 different windows of 4 different currency pairs to view at the same time.
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You can have as many windows open as you want in Meta Trader 4 or 5, and you’ll see at the bottom of the FX platform are tabs that allow you to open a chart.
Now you know the basics of the MetaTrader 4 trading platform and how to get it setup for clean price action trading.
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