One of the first tools you need to learn how to use is the meta-trader 4 trading platform. Then you can concentrate on trading rather than wondering which button to click and how to use it.
Watch the video and/or read the rest of this blog post to find out how to use some of the time-saving methods of using the MT 4 trading platform.
One big time saver is to be able to navigate through the charts, you can quickly do this by clicking on any given chart you look at in the market watch and then drag over to the chart area and let go. This should populate the chart area with the selected chart you want to look at. Just repeat the process as often as you want to change charts.
When you are in any given chart you can then scroll between the time frames to get a picture of how that chart is performing.
Across the top menu button there is an icon to click to use the cross hairs. When you click on the icon to get the cross hairs you make a lot of extra moves and has taken your eyes of the chart. The quick way to use the cross hairs is to click on the roller wheel on your mouse and uses it as a button. You do not scroll it you just click down on it. When you want to get rid of the cross hairs you just click the left mouse button and the cross hairs will disappear.
When the cross hairs are present you hover over an area of interest press the left mouse button and hold it down and move the mouse you will see a line form with three numbers out to the side. The first number is the number of time frames you moved right or left. The second number is the number of pips that the cursor is moved either up or down the third number is the price at which the mouse is resting at that point.
This is a very helpful tool to see how long a trend has lasted, how many bars it has gone and the number of pips the move may be.
Another tip is to use the plus and minus keys on your keyboard to zoom in and out. This would replace the need to have to go up to the icons and choose the magnifying glass with the plus or minus sign in the middle.
There is an auto scroll and a chart shift icon. When the auto scroll is turned off there is a little triangle the forms in the lower left-hand corner of your chart area. We call this triangle and anchor. This is where it is located if you have not used it before. You can click on it and drag it across the bottom of the chart. The location at which the triangle is located is where the chart will go to when you change time frames. You’ll notice that a vertical line forms when you are actually moving the anchor and when you let up on the mouse button vertical line goes way. One way to identify the location on a chart in different time frames is to draw a vertical line directly above the top of the anchor then you have a reference point each time you change from one time frame to another.
These are tips and tricks we use every day in the Meta Trader 4 platform. They save time, increase speed and accuracy of trading, and give you more time to think about trading rather than how to use the trading platform. It doesn’t take very long before you will be very proficient at using these tools.
Hiç yorum yok:
Yorum Gönder