How to Use MT4 Bitcoin Platform

How Do You Trade Bitcoin and Use MT4 Learn Bitcoin Software Tutorial?

To start bitcoin trading with MT4 platform, you need to follow steps listed below:

Download MT4 Bitcoin Software

Setup MetaTrader 4 Bitcoin Software on Your PC. Open a account on the MetaTrader 4 software. Log in to the MT4 Bitcoin Account with your cryptocurrency trading account log in details Open Bitcoin Charts and place Bitcoin Trades using the MetaTrader 4 Bitcoin Software.

Bitcoin Trading Account Meta Trader 4 Download

After you Download MetaTrader 4 Bitcoin Software from your bitcoin broker you'll then need to open a Meta Trader 4 Bitcoin Account to trade with.

Trading Bitcoin Open a Demo Trading Account using MetaTrader 4 Bitcoin Software

Download MT4 Bitcoin Software - MT4 Bitcoin Trading Platform.
Setup MetaTrader 4 BTCUSD Crypto Software Platform.
Open MetaTrader 4 Bitcoin Trading Software.
Enter the Login Details: Account Name & Password for the Demo Trading Account
Open BTCUSD Crypto Charts & begin practice trading.
If you do not have a demo trading account you can register for a Demo Account trade account using File menu, Press the New Demo Account Registration and enter your details and sign up for an MT4 account.

Trading Bitcoin Open a Real Account in MT4

Download MT4 Bitcoin Trading Platform
Setup MetaTrader 4 Bitcoin Trading Software on your Computer.
Open MetaTrader 4 Bitcoin Trading Software on your Computer.
Click on the File Menu & Select Open an Trading Account.
Choose The Real Trading Account Option.
Fill in the real btcusd crypto account registration form.
Enter you account sign in details for the Demo practice trade account.
Trade Instruments from the free MT4 charts provided.

MT4 Bitcoin Platform Introduction Guide

The following image below shows the main MT4 software interface. As a beginner bitcoin trader trying to learn how to execute cryptocurrency orders in the online bitcoin market, the main tool for trading online bitcoin market is the MetaTrader 4 platform software. This is the software which you will connect to your online bitcoin broker and execute bitcoin trade transactions and monitor your bitcoin trading account balance from the Meta Trader 4 platform.

The MetaTrader 4 software is provided free through the various different Cryptocurrency broker websites. This Meta Trader 4 software resembles the cryptocurrency trading example illustrated below:

Learn How to Use MT4 Bitcoin Trading Platform Guide - How Do I Use MT4 Software?

How to Use MT4 Software

The Main Areas of this MT4 platform as illustrated above are:

Navigation Menus
ToolBars
Chart Window
Navigator Window
Market Watch Window
Terminal Window
Connection Bars

For this MT4 guide we shall look at a brief introduction for each of these how to use MT4 guides:

1. Navigation Menus

Navigation menus are:

File Menu
View Menu
Insert Menu
Charts Tab
Tools Tab
Window Menu
Help Menu

These are the main navigation menus which can be used to navigate MT4 platform. As a btcusd crypto beginner you can start by clicking on any of the navigation menus to accustom yourself with the various different buttons which are organized as sub-menus within the navigating menus.

These navigation menus will be described in details in the next MT4 tutorial for beginner traders about navigating menus.

2. ToolBars

This how to trade in MetaTrader 4 explains the toolbars are used to manipulate charts, either by setting indicators, line studies, change bitcoin timeframes and load an MT4 template from a list of saved templates.

The MT4 bitcoin tool bars will be discussed on other how to use MT4 bitcoin trading tutorials that will outline each button key on this toolbar & how to add and customize these toolbars.

3. Chart Panel

This is the work space area where bitcoin charts are displayed and a btcusd trader can interpret the trend direction of a chart whether up or down, place MT4 indicators on MT4 bitcoin charts for trading analysis and even place orders from these bitcoin charts.

4. Navigator

Navigator MT4 tutorial will contain information about accounts, whether practice MetaTrader 4 bitcoin trading account or real MetaTrader 4 account, this window also will have a listing of all the MetaTrader 4 trading indicators as well as Expert Advisors and scripts.

A trader can select which Bitcoin account to log in to by expanding the Accounts menu, select an indicator by expanding the technical indicator menu or choose an Expert Advisor by expanding the EA menu.

5. MarketWatch

Market watch bitcoin trading MetaTrader 4 lesson - Market watch panel is used to show realtime quotes for instruments. This window can list as many quotes provided by your Cryptocurrency broker or a few that are chosen by a bitcoin trader. To save inter-net band width, right click inside the btcusd trading market-watch panel window & select 'Hide All', so that to hide the instruments that you are not trading & save on inter-net band width.

6. Terminal

This is the window that is like the bank account trade area for your bitcoin trade transactions, on this panel you as a trader can view your bitcoin trading account balance, bitcoin trading profit and losses statement, bitcoin trading equity, btcusd crypto margin used, also to generate a copy of all your bitcoin trading transaction history.

This will also list all open bitcoin trade transactions and calculate all the profit and loss in real time as the bitcoin instrument moves upward or downward.

7. Connection Bar

Red bars are for no connectivity, green bars show that there's connectivity to the servers and bitcoin trading orders can be set. These connection bars should always be green when one is logged into their MetaTrader 4 practice bitcoin account or MT4 live cryptocurrency account.

The main levels form the MT4 Bitcoin Crypto Currency Trading Software interface & will be the main levels to be covered in detail in next learn MetaTrader 4 software tutorials. For now it is best to download MetaTrader 4 platform & accustom yourself with the software interface.

Why Bitcoin Platform is Required for Placing BTCUSD Quote Trade trades with Brokers

Bitcoin software is the software which is used to access the btcusd market and analyze these instruments using analysis bitcoin charts. There are various reasons why a trader requires to use a good btcusd crypto platform. A good btcusd crypto software can determine if a as a btc usd trader you earn profit or not.

So why does one need a good BTCUSD Software:

To connect to Server:

To open a order one needs to use a bitcoin platform which will connect to the trading servers of their broker and allow them to open & close trading orders. Good bitcoin platforms will connect with ease to the online brokers' servers and allow traders to place orders at any time from PC computer PC.

To analyze bitcoin charts and bitcoin instruments using analysis

To open a buy/sell bitcoin order a trader needs to first interpret the direction of a bitcoin crypto. This is why all good btcusd crypto softwares provide technical btcusd crypto tools such as btcusd crypto price charts, indicators and various different chart time frames from which a trader can analyze bitcoin price moves using the trading time-frames of their choice.

How Do I Trade Bitcoin and Use MT4 Learn Bitcoin Software Lesson?

How Do I Trade Crypto and Use MT4 Learn Platform Guide?

From above MT4 platform work space, the summary of all data required by a trader is provided on this Meta Trader 4 software inter-face

Connection - connection to the online broker servers
Charts - price graphs that show btcusd crypto prices
Tool-Bars - toolbars to add analysis tools & analysis technical indicators
Market Watch - for displaying available bitcoin trading instruments
Data panel - provides account information and other trading indicator data
Exchange rates - shows current market bitcoin crypto currency price of a bitcoin crypto currency instrument
Menu bar - Shows all menu items on the platform softwares

How Do I Use Bitcoin Crypto MT4 Platform Tutorial - Bitcoin Account Meta Trader 4 Download

The MT4 Bitcoin Platform Setup Guide - How to Use MT4 Learn Bitcoin Platform Guide?

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