[MT4] Metatrader 4 Tutorial Walkthrough [Beginner to Intermediate]
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[MT4] Metatrader 4 Tutorial and Walkthrough showing the functionality and tools I believe every trader should know about. MT4 is the most common trading platform on the planet for Forex Trading. This is a walkthrough tutorial of the platform with commonly used features, Expert Adviser / EA / Robot installation and more. Most appropriate for Beginner to Intermediate traders.
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0:00 Introduction to the Value of MT4
1:52 Risk Disclaimer
2:27 Login to Trade Account from File Menu
Need your account number and MT4 server number to login – that information is in your My Accounts page of your brokerage account website.
3:55 Basic Layout Navigation Functions
4:37 Opening Charts
5:44 Changing Chart Types / Timeframes
6:58 EURJPY Analysis
Discussion about amount of data available, Zoom Functions, Drawing Tools, Trend Direction. Counter trend, setting a market order. right-click on chart list
16:00 Setting a Pending Order with the Long Term Trend
Setting a sell limit on the EURJPY. adjusting Stop Loss and Take Profit
19:00 Installing an Expert Advisor (EA) / Trading Automation
Best practices, Market Traders Institute EA Download and Installation
26:55 Turning on Indicators
27:55 10:1 Reward to Risk Opp on EURJPY