Learn MT4 Bitcoin Trading Software
The following tutorials explain how to use the MT4 platform, each tutorial is accompanied by numerous screen shots so as to help traders to understand the concepts explained and make it easier to learn about this online bitcoin trading platform.
Introduction
File
- Opening a Demo Account Procedure
- Open a Bitcoin Chart
- Opening Offline Chart
- Opening a Deleted Chart
- Saving a Profile
- Login to an Account
- Printing Bitcoin Charts
View
- Changing Language
- Tool Bars
- Connection Bars
- Charts Bar
- Market Watch Window
- Data Window
- Navigator Window
- MetaTrader 4 Terminal Window
- Bitcoin Trading Strategy Tester
Insert
- Indicators Insert Menu
- Insert Line Studies
- Placing Channels
- Gann Lines
- Placing Fibonacci Lines
- Insert Shapes
- Placing Arrows
- Insert Andrew's Pitchfork, Cycle Lines, Text Label
Charts
- Indicators List
- Objects List
- Bar Bitcoin Chart
- Line Bitcoin Chart
- Candlesticks
- Time frames - Periodicity
- Saving a Template
- Grid, Volumes, Auto Scroll and Shift
- Zoom in, Zoom Out and Bitcoin Trading Step by Step
- Setting Properties
Tools
- Place New Order
- History Center on Tools Menu
- Options Settings
- MetaEditor Custom Indicators
- MetaEditor EAs
Window Menu
Help Menu
Tool Bars
Advanced Topics
How to Place BTCUSD Indicators
- Accelerator Oscillator
- Accumulation Distribution
- Alligator
- ADX
- Average True Range
- Awesome Oscillator
- Bears Power
- Bollinger Bands
- Bulls Power
- Commodity Channel Index
- Demarker
- Force Index
- Fractals
- Gator Oscillator
- Heiken Ashi
- Ichimoku Kinko Hyo
- MACD
- Market Facilitation Index
- Momentum
- Money Flow Index
- Moving Average Envelopes
- Moving Average
- Moving Average Oscillator
- On Balance Volume
- Parabolic SAR
- RSI
- Relative Vigor Index
- Standard Deviation
- Stochastic Oscillator
- Volumes
- Williams Percentage Range
- Zigzag
The MT4 is part of the online cryptocurrency market. The MT4 software is installed on a client's computer.
The screenshot below shows the user interface of the MetaTrader 4.
MetaTrader 4 platform Workspace
According to bitcoin trading platforms reviews, MT4 is the most widely used bitcoin trading platform. This is because it is easy to learn and can do the following tasks.
The MT4 software is installed on a bitcoin trader's computer and it is intended to do the following:
- Plot graphical Information about exchange rates in the form of a grid/chart
- Receive streaming exchange quotes from the crypto brokers
- Perform bitcoin trading transaction operations: buying and selling
- Show the open bitcoin trading transactions and orders within the bitcoin trading platform workspace
- Perform technical analysis
- Testing of strategies on practice demo cryptocurrency trading accounts
- Programming of custom indicators and EAs for the purpose of automated bitcoin trading.
- Provide statements of transaction history and a summary of profits/losses.
This is a free bitcoin trading software that is provided for by online crypto brokers. You can download the platform from online brokers websites, once you download it, you should then install the platform on a computer that has an internet connection and then connect to your cryptocurrency trading broker and start receiving streaming quotes.
The MetaTrader 4 online bitcoin trading platform which is also known as MetaTrader 4, is designed to provide technical tools that can be used by Bitcoin traders to make buy or sell decisions. This bitcoin trading platform provides online quotes and streaming data about btcusd price movement drawn in the form of btcusd price charts. This information is delivered directly to the MT4 platform interface. This information that is delivered in the form of real time quotes is then analyzed using the technical tools provided for within this online trading platform.
The MT4 has different windows and chart panels, each designed to deliver a different type of market information, starting with the exchange rate quotes used to draw bitcoin trading graphs to the btcusd trading market data window, tool bars for attaching technical indicators and the main menu bar used to navigate the platform.