How To Use MetaTrader 4 - Your Guide to Mastering MT4

Discover how to download MT4 by choosing a broker and opening a demo account, then use the broker’s download option (or MT4 site) and install on Mac, PC, or iPhone.

Log into your MetaTrader 4 account using broker login details, select the correct server, save your information, and switch between live and demo accounts using the navigator.

Open the view menu, choose symbols, and enable categories to add symbols to your market watch on the desktop version of MetaTrader 4.

Master the three MT4 chart options—candles, bars, and lines—by understanding open, high, low, and close, body and wick, and bullish versus bearish candles with color cues.

Learn to place multiple indicators in one MT4 window by using the navigator to drag oscillators onto the main chart, freeing space for price action on small screens.

Master MT4’s line tools—horizontal, vertical, and trend lines—and customize color, time, and thickness. Use lines for support, resistance, and price action analysis during backtesting.

Learn how to draw Andrews' pitchfork in MT4 using three anchor points, identify potential retracements to the median line, and apply it to trade setups in trends.

Select the drawing tools to highlight chart areas and visualize timeframes. Draw a rectangle to show risk and reward, then copy and paste to test a one-to-one target.

Set precise MT4 price alerts with a drawn horizontal line, right-click trading, and alert options to receive computer and push notifications when price hits your level.

Master pips measurement in MetaTrader 4 by comparing manual and crosshairs methods, learning to read five-digit decimals and micro pips for risk and stop-loss planning.

Calculate your risk tolerance per trade from your account balance using a position size calculator, set a stop loss, and determine the correct standard lot size.

Master MT4 desktop order placement using one-click trading or the order panel, set stop loss and take profit, and explore market and pending orders.

Master MT4 by learning to close full and partial orders on desktop, using the cross beside profit and entering half the position to reduce risk.

Adjust stop loss and take profit in MT4 by dragging chart lines or using the modify order panel. Access modify order by double-clicking or right-clicking, and set it to modify.

Log into your MT4 mobile app by selecting your broker server, entering your login and password, enabling save password, and signing in to view your balance and trades.

Learn to place trades from the MetaTrader app's trade screen by tapping plus, selecting the pair, setting lot size, stop-loss, take-profit, and choosing market or pending orders with price triggers.

Learn to adjust stop loss and take profit on an open MT4 order by modifying it, entering levels, and confirming changes. Note that expert advisers and automation can override adjustments.

Learn how to add, customize, and remove indicators in the MT4 app using the indicator menu and window, including moving averages, RSI, stochastic, and the Moku Cloud, on the go.