Posts Tagged ‘MetaTrader’

In this video, you will learn about how to connect your MetaTrader software to excel software and view items live. You can watch bid price, ask price, etc. from your excel software. In order to do this, you need to first launch your MT4 platform. Then find tools, options items on the menu. Then find the enable DDE server in this window and select it. You need […]

In this video, you will learn about adding and removing windows inside your MetaTrader software. Below the chart is the terminal window. You can remove it by pressing the key combination Ctrl and T. Also, you can use the same key combination to bring it back. Next is the navigator window. You can use the key combination Ctrl and N to remove it. You can also bring it […]

In this video, you will learn about how to create a backup from your MetaTrader platform. Your computer may be infected with virus or you may face problems due to the operating system. In this case, you may want to reinstall the entire operating system. So, it is good to take a backup of important folders like templates and profiles inside your MT4 folder. You can use it […]

Before going live, you need to practice forex trading using a demo account for some time, until you feel confident with your trading strategy. So, watch this video to learn to open a demo account in the MetaTrader platform. Normally, you visit the broker's website, fill in your details to register for a demo account. For some brokers, you don't have to do that. You can do it right from […]

To install Expert Advisor in MetaTrader platform, switch to the navigator button in the toolbar. Then open the Expert Advisors folder in the Navigator window. Here, you can find all EAs available. Select the one you wish to add and drag it to the charts window. In the settings window, add a check next to Allow Live Trading in order for the EA to execute trades. In the Inputs tab, you can also configure your Expert Advisor. Your Experts […]

In this video, Shaun Overton discusses about getting MetaTrader alerts on your phone. You need to have an iPhone or android phone and you don't have the source code changed to include the words sends notification in your expert advisor or your custom indicator. Otherwise, you have to go through setting up an SMS alert which is totally different, and you have to use email. This is a lot more convenient […]

In this video, we will look at how to install an indicator in the MetaTrader platform. This video assumes that you have an indicator already downloaded. You have to download the file to the correct location. Local Disk C:\ Program Files Name of your broker. Experts. Indicators. If you have MetaTrader open, please close it. Restart MetaTrader to refresh the list of Expert Advisors and indicators. To apply the file you have just […]

This video is devoted to the Fibonacci channel in the MetaTrader terminal. To impose this channel on the chart, use the sequence, insert, channels, Fibonacci. The Fibonacci channel is probably the most difficult element for plotting on the chart. The ability to use it indicates a high level of professionalism in the forex market. The advantage of this channel is that it not only shows the boundaries of the trend, but it also shows various important levels. Having specified […]

This video is devoted to the Relative Vigor Index in the MetaTrader terminal. To apply this indicator to the chart, press the indicators button on the toolbar, choose oscillators, and Relative Vigor Index. Subsequently, the window in which we change the properties of the indicator appears. Here we can choose the period of averaging, fixed maximum and minimum, and change visualization settings. This indicator is based on the fact that in a bullish market, the closing price is usually higher […]

This video is devoted to the graphical objects in the MetaTrader terminal. They are objects placed on the price chart or indicator windows that make the charts more representational with the help of explanatory and highlighting graphical elements. They help a trader conduct analysis more effectively. Graphical elements can be simple such as lines or text labels or they can be complex constructions consisting of several lines such as in the case of Fibonacci. All […]