How To Use MetaTrader 4 - Your Guide to Mastering MT4

Explore MetaTrader 4, the platform to place trades across forex, crypto, indices, futures, and metals. Learn how retail traders connect to a brokerage account and trade on desktop or mobile.

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.

Learn to open MT4 charts via MarketWatch drag or the plus menu, and tile multiple charts to view USDCHF across 15 minute, 50 minute, hourly, and daily timeframes.

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.

Set up MT4 push notifications by enabling alerts and entering your MT4 ID to receive mobile alerts for indicators and expert advisors. Test the notification on iPhone or Android.

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.

measure your stop loss with the crosshairs tool and calculate position size using the lot size calculator to balance risk and reward across MT4 trading strategies.

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.

Learn how to add and manage a trailing stop in MT4 to protect profits, including setting distance in points, starting only after profit, and removing the trail when needed.

Learn to install and use expert advisors in MT4, from downloading and moving to the experts folder to attaching on a chart and enabling live trading, with risk controls.

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.

Place trades on the MT4 mobile app by selecting a pair, choosing market or other order types, and entering stop loss, take profit, and optional expiration.

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 how to delete or close an order on the MT4 app, including closing full trades, canceling pending orders, and viewing fees that affect profit.

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.