MT4 tips and tricks

Customising charts

FxPremiere.com goes over a few basics on Metatrader 4 platform You can fully customise your charts with indicators, grids and period separators and can add and remove these as you see fit. Here are some useful keyboard shortcuts for easy removals: 

mt4 Customising chartsMT4 tips and tricks

Tips for Forex Trading Beginners

Customising mt4 toolbarsCustomising toolbars

Many of the toolbar functionalities can be distracting and you may find you don’t use all of them. With MT4 you can add in or hide as many features as you want.

There are four separate toolbars available:

  • Standard
  • Chart studies
  • Line studies
  • Time frames

You can move toolbars around by simply dragging them to wherever you’d like them to be.

Using hotkeys

In MT4, when you switch your chart templates, you’ll lose any current analysis on your charts, prevent this, you can leave your price charts open and just change the indicators that you use – this is where hotkeys come into play.

hotkeys metatrader 4To assign a hotkey to an indicator, simply right-click on the indicator on the navigator window and select “Hotkey”.

mt4 toolsTo customise what you view, you can simply right-click on the toolbar and click on the customise sub-menu. Here you can remove functions that aren’t required by un-ticking them. By using the customise feature on each toolbar, you can access hidden tools, while removing any you don’t require.  Through this technique, you can end up with a much cleaner and more compact user interface

Trading tips for Forex Trading

Setting the default Metatrader 4 chartSetting the default Metatrader MT4 signals chart
Once you have a chart you’re happy with, you can save it as a template. The quickest and easiest way to do this is by right-clicking on the chart and selecting “Template”, followed by “Save Template”. You can have as many templates as you like to match all of your trading strategies.

Hide the bid lineHide the bid line
To remove the bid line you can set the colour of the line to ‘None’, completely removing it from the chart.

Using shortcuts
Keyboard shortcuts are a quick and easy way to perform tasks. You can remove redundant information and functionalities, and most importantly increase your charting space.

Terminal Control+T This is the main window you use while trading
Navigator Control+N Add Indicators, Expert Advisors and log in
Market Watch Control+M View available instruments
Data Window Control+D View all data for the product currently in the chart window

 

How to install a custom indicator to your MetaTrader 4 platform

+ Zoom in
Zoom out
Control+F Crosshair
Control+Drag Copy objects
Alt+Drag Extend objects
Alt+T One-click trading
Hotkeys User-defined shortcuts

These are the shortcuts for the more visual aspects of your charts:

F8 Edit chart graphics
F9 Order panel
F11 Full screen chart
Alt+1 Bar charts
Alt+2 Candlestick charts
Alt+3 Line charts
Daily SMS Forex Trading Alerts metatrader 4

Daily SMS Forex Trading Alerts metatrader 4

MT4 tips and tricks

MT4 tips and tricks

Gold Trading Tips for Beginners