MT4 for Android Guide Logging in your existing accounts and opening demo accounts Quotes Chart : How to open and edit chart Trade Close Order History How to add a second account
Meta Trader 4 Guide - Android MT4 can be downloaded by your computer or laptop from Market. You could login the faster Market downloader, go to search, and enter Meta Trader 4. In MT4, there are four main taskbars for you to manage your account. These four tasks are: 1. Quotes 2. Chart 3. Trades 4. History In this guide, all features and options are explained, including how to use these features properly. Logging in your existing accounts and opening new demo accounts After installing the MT4 software, and run it for the first time. You will see the window below: 2
In your first window, you can login an existing real account or demo account, or apply for a new demo account. When you are logging in, please select the correct server. If you can t find our server, please click Search and enter Active Trades. Note: When you create a new demo account, make sure that you are entering numbers or characters in Name column, otherwise the registration will not be completed. 1. Quotes Tab Every time when you login, after the first time logging in successfully, the platform will automatically login and take you to the Market Watch window. In the App settings, the market window refers to the Quotes. In the program column, View refers to Quotes. As mentioned above, Quotes refers to the catalogue of currency pairs and trading product in the Market window. You can use the program to switch the tool window from Easy to Advanced. 3
Easy window only displays trading products names and buying/selling prices. Advanced window, as shown above, displays time and the highest/lowest prices of buying and selling. Similarly, you can also delete or add the trading products you are interested in. a. How to add more trading products To add more trading product, tap on the menu button on your system, and select Symbol. In the next window, you will see the following groups of trading products. To add more trading products, click on the + in the following table first. 4
When you click on the +, you can see a range of products: a. Metals b. CDF Forward c. Majors d. Minors e. Exotics 5
Tap on the corresponding packet, you will see all of the trading products contained in this packet. Select the one you want and click the green +, then the trading product will be added to the quotes window. b. How to remove your unwanted tools You can delete the unwanted CFDs or currency pairs from quotes catalogue. Select the currency pair or CFD product that you want to remove, and confirm the selection. Tap on Delete and click on back after you finish. See the following table for easy comparison. c. Placing an order To place an order, tap on the corresponding CFD trading product or currency pair, and the transaction catalogue will appears. 6
Click on New Order, you will see the page for placing a trade. 7
Here you can select the amount and the type of your order, and you can also switch your trading product. The last step, you can set the SL&TP, and you can click on Buy or Sell to confirm your order. d. Viewing Chart To view chart, according to the first part explained before, just click on chart button and the platform will automatically take you to the chart option. 2. Chart Tab: How to open or edit a chart Based on the different ways you holding your device (horizontally or vertically), the chart displayed will be different. According to MT4 settings, you can change the chart setting by yourself. Click on the Clock chart to add more technical indicators, you have 7 different timeframes to select (M1, M5, M15, M30, H1, H4, D1). Using MT4 PC version, the longer timeframe you choose, the more history information you can see in the chart. Choose the right appropriate timeframe according to your own trading strategy. 8
In addition, you can change chart type from Chart option, from bar chart, candlestick, and line chart. For other options, please click on the Settings option from main menu. In the settings window, under the input line, you can select the chart you want to use. (See the picture as a reference) To use MT4 platform, zoom in and out function is effective. Only need to move your finger closer to narrow it and far away to enlarge it. Note: MT4 platform can open only one chart at the same time. If you want to switch CFD trading product or currency pair table, you only need to go back to Quotes and select the one you want. After clicking on it, the new execute box will appears in the chart. Your chart settings will not disappear during the process. 3. Trade Tab 9
Transaction tab can be seen as a window, same as MT4 PC version. In the Trade window, you can view your balance, profitability, margin rates and margin balance, as well as lodging and other settings summary. 4. Closing Order To close order or edit stop loss and take profit, you can click on the Trade. In the list of transactions, the transaction information tab will appears, which contains all of the relevant information and each trading product position. In this information tab, hold your finger against it for about one second till the executive button pops up. Again, you can modify or close your order here. 10
5. History Tab The history tab displays all day trading records, including all profit/loss, deposit/withdraw and balance. In addition, you can view your past history records in a week, month or any time period you set. There is also a new function which doesn t exist in MT4 PC version. Platform can filter all the trades by the trading product symbol. You only need to enter the trading product in searching column, and the platform will automatically displays relative information about it. 11
6. How to add a second account To add a second online or demo account, tap on the Accounts button on your smart phone and you will see your account information. Click on Accounts and select +, which is in the top right corner of the screen. Thereafter, the chart below shows the final state. You can also switch the account to MT4 PC version. 12