The main purpose of MT4 is for trading and charting in Binary Options, Foreign Exchange market Forex or FX market or futures markets. You could download MT4 follow this link to download MT4. MT4 basically provides all the tools and resources you needed to become a successful Binary Options traders. You are able to watch, analyze, perform charting with various financial indicators as well as place real-time online trade on the MT4 platform. For the binary download, setting up and perform simply navigation, please watch this video tutorial. Toolbar are located at the top of the screen. The live quotes contain live bid and ask prices of the specific currency. All are happened in real-time. The two tabs you metatrader at the bottom of the Market Watch are the symbols and the Tick Chart. The Metatrader Chart is used to watch the tick activities of that certain currency pair. Every tool in this window, you are able to customize it for your own preference if you know a little bit of programming. Metatrader can customize your charts with binary own preferences. This new template now could be able to apply for any other charts. You can also select your preferred charting on how the candle looks like. You could choose candlesticks or bar-chart or line chart. For me, I personally like the candlesticks chart because the candle itself can reveal a lot about price action. Another important feature of MT4 charting platform is its indicators. Indicators are various metatrader technical analysis which can be added to the currency chart to aid traders to make metatrader decision. You could watch how is it look like in the figure below. Indicators are categorized under different types, like volumes indicators, oscillators indicators or trends indicators. Once you select an indicator, you are able to change its values depend on your preferences. Under the chart windows, right-click on the currencies pair chart, you are able to close, minimize or maximize a chart window. If you prefer a clearer views or a different views of the chart, you could choose the zoom function. A very important feature of a currency chart is its timeframe. You binary select your desired timeframe right at the toolbar, as show in the figure below. The icon represents the respective timeframe, M1 represent a 1 minute timeframe for example. Similarly, we could see that M5 represent 5 minutes timeframe, H1 represents 1 hour. D1 represents 1 day and M1 represents 1 month. A lot of traders need to watch a specific trading instrument in multiple timeframe because it gives them more information. You can switch back and forth between different timeframe just by change your desired timeframe from a click of a button. You are able to draw on the chart by various drawing tools. Ideally the higher your bit rate, the better because it shows that your data is transaction at very good speed. That comes to our conclusion for this tutorial. MT4 can be used as an external standard-alone charting software for any binary options broker. But I recommend 24Option or TradeRush, read 24option reviews and traderush reviews for more information. First of all, look for the Fibonacci Retracement at the top, under metatrader tool bar. Metatrader to draw Fibonacci Retracement. I am looking for a system where we can combine the mt4 indicaters to the binary options platform taking binary trade automatically. Can you make a video tutorial on how to get and use MT4 for trading binary Options. I already have accounts with OptionTime, 24Option and PorterFinance, I have lost too much, now I need a working strategy. Recommended Broker Brokers Compare USA Broker Articles System Live Chart Contact Us. Setting up MT4 For the basic download, setting up and perform simply navigation, please watch this video tutorial. MT4 Charts and Settings You can customize your charts with your own preferences. MT4 Indicators Another important feature of MT4 charting platform is its metatrader. MT4 Chart Size Under the chart windows, right-click on the currencies pair chart, you are able to binary, minimize or maximize a chart window. MT4 Time Frames A binary important feature of a currency chart is its timeframe. MT4 Drawing Tools You binary able to draw on the chart by various drawing tools. Conclusion That comes to our conclusion for this tutorial. Posted by MT4 Noob. Thanks, I was clueless about MT4 until I met you. You are my savior! Can you help me please. Hi Lee, First of all, look for the Fibonacci Retracement at the top, under the tool bar. How to draw Fibonacci Retracement Reply. I want binary binary option bully, can you get it for me… thank you… Reply. Hi, I am looking for a system where we can combine the mt4 indicaters to the binary options platform taking a trade automatically. Binary Options Cash Back Investment Trading Trading Robot Review.
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