¿Qué es MT4? ¿Cómo utilizar MetaTrader 4? Tutorial gratuito de MT4 Educación Forex

Open the navigator window after inserting the primary indicator and move the secondary indicator onto the chart. The parameters, levels, and visualization will be shown in a window. You’re ready to go once you’ve added the data from the first indicator. Now that you know how to use the trading platform, it’s time to move to some of the key features and benefits of MT4. You can see all of the trades that are currently available under the trade tab.

Additionally, you can use the shift button if you prefer to have some space to the right of the period. When turned on, you will see a grey triangle in the upper part of the window, which can be moved horizontally ( from 10 to 50% of the window size). If you are a beginner who is looking for a trading platform, MT4 is a great pick. The bands widen with rising volatility and narrow with decreasing volatility in a highly volatile market. On the upper band, you should sell, and on the lower band, you should buy.

  • Once you have placed an order, there might be situations in which you would like to change it.
  • In contrast to ranging markets, stochastics are most often used in trending markets.
  • To place a trade in MetaTrader 4, select a chart of a currency pair, then click the new order button that is located in the standard toolbar.
  • You can exchange and stay up to date without having to go to other websites for news.

It’s a buy signal when the 12-day EMA crosses over the 9-day EMA. When the 12-day EMA crosses below the 9-day EMA, on the other hand, it’s a sell signal. You may alter the graph’s parameters, such as the color of the lines. To do so, go to the menu and click on “Colors” under the “Properties” tab. To make your trading experience better, we have compiled a list of simple hacks that you can perform on MT4.

¿Cuál es mejor la Metatrader 4 o 5?

To place a trade in MetaTrader 4, select a chart of a currency pair, then click the new order button that is located in the standard toolbar. The stochastics on the MT4 platform reveals two lines, %K and %D. K% signifies the current value of stochastics, while the D% represents the 3-period moving average of k%.

  • The Stochastic indicator is an oscillator that operates similarly to the RSI.
  • If you are a beginner who is looking for a trading platform, MT4 is a great pick.
  • For example, if you choose H1, this means that each bar or candle corresponds to one hour of price action, with its specific Open, High, Low and Close prices.
  • After having a demo or live account under your name, you will be able to proceed with the MT4 installation.

In order to draw a horizontal line, go to the line studies toolbox, click the horizontal line button and then press anywhere in the chart where you would like it to appear. Once it is placed you can click it and move it around as you need. If you would like to learn more about how to determine and place Stop Loss levels, check this article. The Stop Loss feature allows you to maximize the likelihood of limiting your potential losses. Therefore, you can follow the same process above to create an order, in addition, you will need to input the stop loss value that you have previously defined. On the other hand, to open a live account in MT4 takes some extra steps, your broker will request more information.

The Stochastic indicator is an oscillator that operates similarly to the RSI. In contrast to ranging markets, stochastics are most often used in trending markets. To do this, you need to first add the primary trading 212 introduction indicator, followed by the secondary indicator. A pending order is a special feature that enables a trader’s order to sell or buy to be performed automatically until the price hits a certain amount.

How to use MetaTrader 4 Graphical Markup Tools

But don’t worry, as, in this guide, we are going to breakdown how to use MetaTrader 4 and how you can take advantage of its features. After that, you can click the trend line and you will see three small boxes that you can click and drag to make your trendline more accurate. On the other side, Sell Limit orders could be useful when you would like to take advantage of a resistance level that precedes a downward trend. Once you have placed an order, there might be situations in which you would like to change it. For instance, you realized that your Take Profit was incorrectly placed or you would like to modify your Stop Loss.

With MT4, you can conveniently handle all of your trading deals on your smartphone. You can check your account or complete a transaction at any time using any Internet-connected computer. Simply move to okcoin review the ‘Trade’ tab from the ‘Terminal’ window (pressing CTRL+T will open/close the ‘Terminal window’). You can always re-visit this guide in case you are not sure how to use a specific feature of MT4.

¿Puedo operar en MetaTrader 4 sin un broker?

You can exchange and stay up to date without having to go to other websites for news. You can benefit from trading on any timeline, but you must choose the most appropriate one for each strategy, such as M1-M30 for intraday trading. MT4 provides a wide range of trading and analytical tools, as well as a number of other useful features. You can place an instant order on the MT4 platform by selecting the ‘Market Execution’ order category. To begin, you must first download MetaTrader 4, after which you must run the downloaded.exe file and follow the installation instructions.

Preguntas frecuentes sobre MetaTrader

An overbought situation arises when the RSI reaches 70, implying that there is strong buying pressure and the currency pair is trading above its normal level. You’ll need to enter your account credentials after you’ve activated the platform. If the login screen does not appear automatically, go to the top left corner of the screen and select login. Similarly, you can use vertical lines to mark an important period in your chart. To draw a vertical line, go to the line studies toolbox, click the button and then press anywhere in the chart where you would like it to appear. Similarly, to place a Take Profit, you can follow the same process and input the value or price target level at which you would like to lock a profit for your trade.

You can check your saved adjustments on the map in the left part of the window. The platform allows you to open opposing (multidirectional) positions. The hedging technique helps to track trading activities and open multiple orders for each instrument. This is a traditional trading strategy used in the forex market.

Installing MetaTrader 4 for Windows

Whatever period you choose, this will reflect as an individual bar or candle in the chart. For example, if you choose H1, this means that each bar or candle corresponds to one hour of price action, review the misbehavior of markets with its specific Open, High, Low and Close prices. To add a trendline, click   in the line studies toolbox and click a bar or candle in the chart that will be the starting point of the trendline.

About ForexBoat

MetaTrader 4 is the most popular trading platform for retail traders because of its simplicity and ease of use. In return, brokers provide their clients with access to MT4 if they open a Forex account. Traders use the platform to monitor live prices, buy and sell at market or use pending orders, and so on. Go to the Navigator window and look for the indicator folder, click to expand it and you will see the list of the all the MT4 indicators. You can choose your favorite indicator by left-clicking and dragging it to the chart. After that, you will get a parameter window to select the period and the visualization properties for the indicator.

To close an order, right-click on the desired trade and select “Close Order,” then click the yellow “Close” button. The ‘Order’ window for trading the USD/CHF pair is shown in the screenshot below. Trading a currency pair on MT4 is easy, as you can see from the screenshot; all you have to do is enter the trade size information in the ‘Volume’ box and click Sell or Buy. If it’s your first time using the MT4 platform, the sheer number of tabs, windows, and buttons can be overwhelming.

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