
Master the basics of MetaTrader 4 for beginners, from demo account setup and chart tools to placing market, stop, and limit orders with take profit and stop loss.
Sign in to ex-pro, retrieve your logon ID and password from the email, download and install the MT4 platform, then log in to explore its features.
Install MT4 by running the installer, then open the MetaTrader platform and log in with your ID and password, select the server, and review account balance, equity, and free margin.
Open a euro usd chart, place market or pending orders with stop-loss and take-profit, customize the toolbar, and explore the editor for indicators or expert advisors and auto trading.
Master MT4 chart tools: use crosshairs and arrows to view candles with time, open, high, low, close, and volume, and apply lines and Fibonacci tools for multi-timeframe analysis.
Learn to customize and save chart templates in MetaTrader 4 by editing colors, grid visibility, and indicators like the 50-period moving average, then save and load templates for consistent setups.
Learn to place and manage market orders in MetaTrader 4, use pending orders, set take profit and stop loss, and monitor trades with one click trading.
Explore how to place stop and limit orders in MetaTrader 4, including buy/sell stops, pending orders, entry price, stop loss, take profit, and expiry times.
Explain buy limit and sell limit orders in MetaTrader 4 by showing how pending orders activate at set levels and how take profit levels above entry secure profits.
Place a buy limit as a pending order with entry below the current price. Set a take profit and learn to adjust or cancel when entries are invalid.
Learn to close part of an active trade in MetaTrader 4 by selecting a partial close amount, reducing the trade size while locking in profit.
Learn how to download and install indicators from the MQL5 marketplace for MetaTrader 4, choose free or paid tools, customize settings, apply across timeframes, and save templates.
Unfortunately the custom indicator cannot be attached since the file type is not supported by Udemy. However please kindly message me privately and i can send it to you through some other channel.
Celebrate completing this course on meter reader and leave a review after finishing. Engage in the Q&A for any questions and explore the bonus lecture on training, which benefits everyone.
MetaTrader 4 - A to Z is a beginner level course that is meant for those who want to setup a demo trading account for the very first time. It is designed to help new traders setup an account, download and install the MT4 platform, and understand most of the important platform tools.
It goes on to help beginners configure the options & preferences so that the charts can start to look familiar. Students will learn how to create templates, save and edit these templates and add indicators to individual charts or templates.
Most beginners find it difficult to understand the differences between Stop orders and Limit orders. This course clarifies what these orders are and gives you practical examples to placing these trades on the terminal. We will go further on and see the MQL5 marketplace and download a free indicator and I will also offer you one of my own custom made OHLC display indicator that you can load onto your charts.
You can feel free to ask me questions and i will be available to all my students so that no one runs into any problems.
So I wish you the best of luck and hope to see you inside the course.