MetaTrader 4 MT4 Shortcuts & Hotkeys

You can measure a point from another through the ruler function by clicking the left mouse button and dragging a point from one price to another. MT4 allows you to create custom chart templates that help in overlaying several predefined indicators to the chart at once. MetaTrader 4 is a trading platform with all the features you need to conduct advanced trading analysis and customise your trading experience.

Added support for splitting the position into multiple trades with different take-profit levels when executing PSC-Trader script. Fixed an MT5-only issue of maximum position size by margin potentially using wrong number of decimal places. Fixed a glitch that caused the Stop price line to display on top of the panel when switching from Pending to Stop Limit order type in MT5 version. Fixed a bug when dragging the stop-loss line or changing the default SL stopped working when UseFixedStopLoss was set to true.

Close button to remove the indicator from the chart. You can enter a custom leverage to calculate position margin based on it. You can choose to set stop-loss and/or take-profit as distance in points. Calculation inputs and results are displayed inside a graphical panel. You can see the stop loss and take profit levels were updated .

Fixed a bug when loading a chart template with PSC with non-zero take-profit did not show all relevant fields on the panel. Added display of the number of lots to the Risk tab. Changed the way the indicator behaves when loading a saved chart template with PSC — the take-profit line is now removed.

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After you finish the installation, the MT4 trading platform will load automatically. Select the demo server from the list and click Next. MetaTrader4 is the most popular retail trading platform available when it comes to Forex trading and is offered by most brokers with very few exceptions. In theory, all you need to do to begin copying is, select a master trader to copy, fund your trading account, and begin to copy their signals for your trade.

I would like to know if there is a way to set chart display to the original display. I some how got navigator and market watch side by side instead of both being stacked on the left side of the chart. I’m wondering what the correct hotkeys are for switching a chart display from one time period to another.

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An order is a directive given to the broker to trade on your behalf. The order types available on MT4 are 2 market orders, 4 pending orders, 2 stop orders, and trailing stop. Web Services API connects the trading platform to other websites. It is a crucial envelope indicator forex tool for sorting user accounts and showing quotes on a website. Copy trading, just like the name implies, allows you to copy the trade of other forex traders. MT4 allows you to trade with any browser on your PC, regardless of the operating system.

• MT4 allows you to create custom chart templates that help in overlaying several predefined indicators to the chart at once.
• Everyone of these resonate with me in some way so that I can continually learn more about trading the forex market.
• The MT4 demo account exists so that you learn how to use the trading platform properly.

Hotkeys in MT4 help traders execute various commands and operations without resorting to menu and toolbars. If you already have a demo or live MT4 account with CMC Markets and are opening a second account, you don’t need to download and reinstall the MT4 platform again. If you do reinstall MT4, you may lose any preferences you’ve set up previously.

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Fixed bug with panel disappearing upon change of timeframe. Fixed bug with TP line showing on top security analysis review of panel when adding TP via button. Reinstated HideAccSize input parameter for compactness.

The main tab is the biggest one and looks nice on any background — this one is white for example. Take-profit line’s color has been changed to orange via an input parameter for better readability. The order type is set to Stop Limit here, so the purple stop price line is also visible on the chart.

Fixed bug with margin calculation when using custom leverage. Fixed bug with deinitialization on parameters change and recompilation. Fixed a minor bug with the hide/show lines button. The panel’s location will now remain unchanged when minimizing and maximizing it. Fixed a bug that prevented proper panel initialization (e.g. wrong Pending/Instant button state, two panels appearing after template application, etc.). Fixed another bug in MetaTrader 5 PSC-Trader, which prevented proper setting of SL/TP in market execution mode.

Potential portfolio reward — shows the reward in currency units as if you have already opened a position that is currently calculated by this indicator. Current portfolio reward — shows the reward in currency units without the position that is currently being calculated by this indicator. Count pending orders — if checked, the indicator will also attempt to calculate the risk of pending orders in addition to currently open positions. Optional display of the point value for the calculated position size.

It was released by MetaQuotes in 2005 and is by far the most popular Forex trading platform. To log in, you will need your admin portal username and password, not your MT4 platform login details. The MT4 funding portal also supports two-factor authentication for enabled accounts. When you trade on MT4 with us, you need one password to log in and trade on the MT4 platform, and one to log in to the admin portal. The icon shortcut should be available on your desktop once you have downloaded and installed MT4. Please remember that your MT4 password is different from your CMC Markets admin portal password.

You can move toolbars around by simply dragging them to wherever you’d like them to be. ThinkMarkets ensures high levels of client satisfaction with high client retention and conversion rates. Harness the market intelligence you need to build your trading strategies. Harness past market data to forecast price direction and anticipate market moves.

After clicking on Place, your pending order will appear in the Terminal , you can always delete it by clicking the x button . Since the market moved fast, our pending order was already triggered. In MT4, when you switch your chart templates, you’ll lose any current analysis on your charts. To prevent this, you can leave your price charts open and just change the indicators that you use – this is where hotkeys come into play. You can assign a hotkey to place a certain indicator on your charts, instead of needing to change the template. AtoZ Markets – Even though Forex traders can now use MetaTrader 5, some of them still prefer MetaTrader 4.

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All default parameters can be changed via the panel. They are added here for the sake of convenience — you can save them to a settings file or to create chart templates. Shares to divide the position size — each take-profit roinvesting broker level is assigned its percentage of the total position size calculated on the Main tab. Maximum position size by margin displays the biggest trade you can take with your currently available free margin and leverage.

Yearly swap per PS — swap paid or charged by a broker for short positions in account currency for calculated position size . Yearly swap per PS — swap paid or charged by a broker for long positions in account currency for calculated position size . The MT4 demo account exists so that you learn how to use the trading platform properly. You can always hover your mouse over the icons in the Toolbar, which will display their functionality together with the hotkey, if one is available. Hotkeys will help speed up navigation and modification of charts, and the more assets you analyze, the more you will learn to appreciate them.