This course goes through the different features available in MetaTrader4, how to use them, and what are the best ways to use them.
Within this you will learn to master the actions of:
Setting Stoploss & Target Levels
Adding Trendlines, shapes and more
Creating Profiles and Templates for charts which saves a load of time
How to add multiple indicators on charts
Customizing Indicator settings
How to set Timeframes
How to Troubleshoot connection issues
Everything in this course is set up to help you better use the full potential of the powerfull MT4 trading platform. The first Key in Mastering Forex is to Master the Platform!
Included in this course are PPT explanations on the features as well as video content showing how to implement the different functions.
Bonus Content Includes a discount coupon on one of our other courses.
To be able to best utilize the course itself, it is suggested that you use the MetaTrader4 Platform to practice on. This platform (MT4) is free to use, the feed you get for the Live Price Data is free as well. A lot of Brokers use the platform so this means you only need to learn one platform and can use almost any broker you want.
We have a few suggested brokers for you, all whom we trade with ourselves:
FXCM UK ECN
Find the info on how to download and register for the platform attached to this lecture.
The key focus is to try and practice spotting entry signals with the indicators you'll be learning. The better you understand the indicators and how to read them, the easier it would be for you to progress to the next level.
Also, included find a discount code to be used on any of our other courses.
Here we take you through each component of the platform to get you up to scratch on what we will be dealing with.
A look into the available features with the menu buttons
Toolbars help us to set the charts up with our trendlines, change chart types, and do our calculations in terms of measurements.
The MarketWatch Window is were we will find our instruments to trade.
Here is where we will find our indicators we want to use, as well as scripts, EA's and much more.
This is the section that gives you details on your trading account and more.
The status bar is used to identify possible issues with the platform.
Knowing this feature makes all the difference. it cut's down on chart setup time and also serves as a backup for any backtesting done. This can save you LOADS of work in the future.
here we look at grouping chart accordingly by using Profiles
Here the practical examples are shown, run with them in your own platform. Remember to keep practicing your trade entries and setting of stops and targets. It'll take a short while before we get to the strat building part, as we have to master the platform and indicators first. If you don't practice, you might find it difficult once we move to the strategy building section
How to execute a trade in MT4
Sometimes we only want to close a portion of our trades to secure some profits. In this example we show you just how to do that.
Adding these extras can be very helpful in knowing what your next move is going to be.
Dirk Volschenk is an experienced lecturer and trader with 7 years experience as a professional trader in Forex and Indicies and as trading mentor to 100's of clients. Starting his career he worked as a lecturer at the same company he aced his trading education and developed quickly into a dynamic successful trader and lecturer. Dirk is passionate about the markets and trading, and this shows in the success of his clients.
In March 2012 Dirk set out and started his own company, focussing on wealth creation and trading education. And so was born The DJV Investment Group. Together with his business partner Hannes Dupper and his team, they educate and mentor clients in the ways of the markets. DJV has seen great growth in the past few years.
Dirk is a SAIFM certified lecturer and professional Trader in Forex & Indices. He has lectured 100's of clients on the markets and trading. His specialities are understanding the markets movements, trading psychology and trading strategy development.