Here is a short guide to mt4 in pdf.
He helped me a lot.
This Quick Start Tutorial allows you to use the main MetaTrader features.
The MetaTrader platform uses the principles of Windows®, so the use of the right click of the mouse
(contextual menu) is strongly recommended for users with a good command
of the computer tool.
BestCFD Tutorial — Metatrader Getting Started
1 Introduction to the Platform
1 The Market Watch window The list of contracts for which the platform receives quotes is displayed in this window.
This window allows placing orders to the market or waiting and opening charts.
In the contextual menu (right click) you can find the following menu items:
New order: enter a new order
Open graph: open a new graph corresponding to the selected pair
Tick Graph: show a tick graph of the selected pair
Hide: hide the selected pair
Hide all: hide all unused symbols
Show all: show all pairs available
symbols: This window is an information window and does not allow to carry out other actions. The desired information on a specific bar can be obtained via this window. To do this, simply place your mouse over the bar concerned. The contextual menu (right click) offers the following options: Copy: copy the data from this window to the clipboard Last value: show last values Auto-alignment: auto-align grid Grid: show grid Show: define Values to show 1. 3 The BestCFD browser window Tutorial — Metatrader. This window provides quick access to several features of the platform. The list of these functions is displayed by tree and contains five groups: — accounts: list of accounts — Indicators : list of indicators available — Expert Consultant: list of Experts — Indicators programmed: list of indicators customization available — Scripts : List of available scripts Each group has an associated context menu (right click) allowing you to manage associated functions appropriately. 1.4 The Terminal window This window is a multi-function window allowing access to several platform functions. This window allows you to control your trading activity, view your account history, schedule alerts, send and receive emails, and view the system log. 1.4.1 The Trade tab This tab contains information about the current status of your trading account, particularly current orders and pending orders. All of the above trading transactions are displayed as a table with the following fields: Order: Ticket number of the order in question Execution date: opening time of the position in format YYYY.MM.JJ HH: MM Transaction: the trade type. This can be BUY, SELL for the current orders and SELL STOP, SELL LIMIT, BUY STOP and BUY LIMIT for pending orders. Lots: the number of batches of the operation Symbol: the currency pair associated with the order Price: the opening price of the position (not to be confused with the current price defined below) S / L: Stop loss (0 if a Stop Loss has not been set) T / P: The level of take profit (0 if a Take Profit has not been positioned) Price: the current price of the currency pair considered (not to be confused with the opening price described above) BestCFD Tutorial — Metatrader Taking Started Page 5 of 15 Commission: the fee charged by the broker to complete this transaction. Best CFD does not levy any commission on your trading. The value of this box will always be equal to 0. Exchange: value of the rollover (also called swap ) for the position concerned Comments: comment you added (ex: Entry on MACD cross ) This window also allows you to manage your trading activity. You can use the contextual menu (right click) to perform the following actions: — Place a new order — Close an order — Change or delete an order — Set a trailing stop — View profits as pips or USD — Show or hide The column commission — Auto arrange the columns — Mount or hide the grid 1.4.2 The Account History tab A History of all operations (trades) performed is available from this tab. In addition, History is displayed as a table with the following columns: Order: Ticket number of the order in question Execution date: opening time of the position in format YYYY.MM.JJ HH: MM Transaction: trade type . This can be BUY, SELL for the current orders and SELL STOP, SELL LIMIT, BUY STOP and BUY LIMIT for pending orders. Lots: the number of batches of the operation Symbol: the contract associated with the order Price: the opening price of the position (not to be confused with the current price defined below) S / L: the stop loss level (0 if a stop loss has not been set) T / P: the take profit level (0 if a take profit has not been set) Execution date: Time of closing of the position in the format YYYY.MM.JJ HH: MM Price: the current price of the contract under consideration (not to be confused with the opening price described above) Commission: commission charged by the broker This transaction. Best CFD does not levy any commission on your trading. The value of this box will always be 0. Exchange: value of the rollover (also called swap ) for the position concerned Comments: comment you added (ex: (See chart) — Grid (see grid) 1.4.3 The Alerts tab This tab contains information about the alerts created. Alerts are provided to report market events. By creating alerts, you can safely distance your screen since the platform will Forex Alerts you automatically in case of an event. All alerts are represented in a table with the following elements: Symbol: the currency pair associated with the alert Condition: the condition that triggers the alert. This can be: “BID> “The course of the BID (request) is greater than the specified value “ BID <”the course of the BID (request) is less than the specified value “ ASK > “the ASK price is greater than the specified value “ ASK <”The ASK (bid) price is less than the specified value “ Time = “the time is equal to the specified value Counter: the number of alerts triggered Limit: the maximum number of alerts that can be triggered Time exceeded: The time period between the triggering of alerts Event: the action to be performed. This can be an audio signal, running a file, Or a message sent by email The contextual menu (right click) allows to manage the alerts — Create: create an alert — Modify: modify an existing alert — Delete: delete an existing alert — Activate / deactivate: Is not deleted but ceases to be triggered. BestCFD Tutorial — Metatrader Getting Started Page 7 of 15 1.4.4 The Messaging tab The messaging system operates via an internal mailing system. In this tab you will see all the emails that reach the platform. They are presented in the form of a table with the following columns: Time: time of the mail From: origin of the mail Subject: Subject of the mail To read an email, it is necessary to double click on its subject. 1.4.5 The News tab This tab provides real-time financial information. 1.4.6 The Log tab This tab contains the actions of the trader and the platform during the current session. The information relates to the launch of the platform, the events during its operation including all trading operations. Only the last messages appear in the window. To retrieve older messages, use the context menu (right click) “Open”. This command opens the log files of the platform placed in the / LOGS directory, Then click with the left mouse button on “Symbols” Then activate each symbol desired by clicking on it and then “Show” The Future Cac is available in the group “Indices 1 Cfd ‘s” 2.2 Chart Several solutions available, the simplest: Menu File / New Graphic, then choose the symbol. (Attention only the symbols chosen in the previous step are available) / Allows to choose the unit of time: 5 Minutes, 4 Hours, 1 Day, 1 Week, Month Lets you draw lines and channels Select the type of bar / candle / curve Zoom The icon with the green arrow (Auto scroll) when pressed allows you to always see the extreme right of the graph (the last bar) L The icon with the green arrow (Auto Scroll) when it goes up shifts the graphic to the left. The icon with the red arrow (Offset Graphic) when pressed is used to shift the last bar of the graph of the right edge from the window. The icon with the red arrow (Offset Graphic) when it is reassembled allows to paste the last bar of the graph to the right edge of the window. The F8 key is used to access the properties of the graph. It is wise to choose Bar Up / Candle Up in green, and Bar Down / Candle Down in red. BestCFD Tutorial — Metatrader Getting Started Page 9 of 15 2.3 Indicators Insert Menu / Indicators Displays all graphic elements that can be inserted. Or display the list of indicators Right click on the graph then “List Indicators “ or CTRL + I displays the list of indicators of the current graph . Select the indicator by clicking on its name, then choose “Edit” to modify it or “Delete”. BestCFD Tutorial — Metatrader Quick Start Page 10 of 15 2.4 Model A model allows to save the configuration of a graph. It makes it possible to configure a new graphic identically very easily. You have configured your graphic with your favorite indicators Click Right mouse button: Choose Model / Save Name file default.tpl, click “Save” When you create your next Chart, All model parameters will apply to the graph. BestCFD Tutorial — Metatrader Getting Started Page 11 of 15 3 Open a position — Place an order Open a position, enter the market or place an order consists of a first purchase or first sale of a certain amount of one contract. A position can be opened by executing a market order or by automatically triggering a pending order. 3.1 Place an order in the market To open a market position, you can, for example, select the “Tools — New Order” menu or press the “F9” key. The following window appears: Symbol: Caution: If the Stop loss or Take profit is too close to the side course when the position is opened (less than 10 pips ), the message “Invalid S / L or T / P” is displayed. It is then necessary to move the invalid threshold and to reposition your order. BestCFD Tutorial — Metatrader Getting Started Page 12 of 15 4 Closing an Order in Progress Caution !!! The MT4 platform allows for hedging . This means that you can have both long ( short ) and short ( short ) positions on the same symbol (eg Cac40 or EurUsd). Consequently, If you are buying 1 CAC lot and you are selling 1 CAC lot , it does NOT close your position. You are simply purchaser of 1 lot and seller of 1 lot CAC. This is the same as if you were out, since you have 0 lot CAC, but with 2 open positions. The hedging allows among other things, to be purchase on a time horizon of 4 Hours and for sale on 5 minutes. To close an open order, select the open position in the terminal trading by clicking on it. You can : • Either double-click on the line concerned • Right-click on the relevant line then left click on “Close order” The following screen appears: Click on the yellow “Price firm …” button. The following window appears to confirm completion of the closing. HQ