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How to Setup MT4 Bitcoin Platform Guide

This MT4 software step by step guide will explain how to tutorials for Meta Trader 4 platform.

How to Setup MetaTrader 4

To setup MT4 platform - download MT5 exe set-up file, Click setup & follow MT4 setup instructions.

How to Sign In to MetaTrader 4 Platform

To trade with MetaTrader 4 Bitcoin Platform you will need to first of all enter bitcoin account details - the MT4 platform will prompt you to enter you bitcoin account details & you can use enter your bitcoin account login details by clicking the File tab on the MT5 platform at the top-left corner of MetaTrader 4 platform, then choose the Login to Trade Account option and then enter your bitcoin account details - bitcoin Practice account details for Meta Trader 5 bitcoin practice account & bitcoin live account details for MT4 real bitcoin account.

How to Open a Instrument on MetaTrader 4

To open a Instrument go the MT4 Market Watch Window select the instrument that you want to open and doubleclick on the instrument to open the bitcoin chart for this instrument.

You also can click the click to add button at the bottom of MT4 Market Watch Window to add a instrument that isn't listed on the Market-Watch Widow.

How to Open a Bitcoin Trade on MT4

To open a bitcoin trade in the MetaTrader 4 platform right click within the bitcoin chart and choose the New Order Widow to open a buy/sell trade transaction.

A trader can also open the New Order window on the MT5 platform by clicking the MetaTrader 4 shortcut key - F9, bitcoin crypto traders can press F9 to open New Order panel.

From the MT4 New Order window panel a trader can open a buy or a sell bitcoin trade by clicking Buy by Market to open buy bitcoin trade or clicking Sell by Market to open sell bitcoin trade. From this bitcoin new order trade window one also can specify the bitcoin lot size which they want to buy or sell.

How to Open a Buy Trade in MT4

To open a buy bitcoin trade select the New Order window in MetaTrader 5 Software by pressing F9, specify the btcusd crypto lot size that which you as the trader want trade, click Buy by Market Button to place a buy bitcoin trade in MetaTrader 5 Trading Platform.

How to Open a Sell Trade in MT4

To open a sell bitcoin trade select the New Order window in MetaTrader 5 Software by pressing F9, specify the btcusd crypto lot size that which you as the trader want trade, click Sell by Market Button to open a sell bitcoin trade in MetaTrader 5 Trading Platform.

How to Close a Bitcoin Trade on MT4

Open the MetaTrader 4 Terminal Window where open bitcoin trades are displayed in MetaTrader 4 Platform by pressing MT5 short cut Keys CTRL+T, then choose the bitcoin crypto trade you want to close, then choose Close Order option - & this then opens a bitcoin Order window to close the bitcoin trade - press yellow Close button to close the bitcoin trade on MT4 platform.

How to Set Take Profit on MetaTrader 4

TP Zone can be placed when opening a new bitcoin trade on MT4 platform. On the New Order window provided on the MT4 platform there is a field for Take Profit - this is where a trader will specify the take-profit level for their open bitcoin trade transaction.

TP Zone also can be set when adjusting an open bitcoin trade, to modify & set take profit for an open bitcoin trade - right click on the trade that you want to modify in the MetaTrader 4 Terminal Window or on the Bitcoin chart, Select Modify Order, Choose Take Profit & set the Take-Profit Level you as a trader want for your open bitcoin crypto currency trade transaction.

How to Set Stop Loss in MT4

Stop Loss Level can be set when opening a new bitcoin trade on MT4 platform. On the New Order window provided on the MT4 platform there is a field for Stop Loss - this is where a trader will specify the stop loss level for their open bitcoin trade transaction.

Stop Loss Level can also be placed when adjusting an open bitcoin crypto currency trade, to modify & set a stop loss for an open bitcoin trade - right-click on the bitcoin trade you want to modify in MT4 Terminal Window or on the Bitcoin chart, Select Modify Order, Choose Stop Loss & set the Stop Loss Level you as a trader want for your open bitcoin crypto currency trade transaction.

How Do I Set a Bitcoin Pending Order on MT4

To place a bitcoin pending order open the New Order Window on the MetaTrader 4 software, then change the btcusd crypto order from Market Execution to Pending Order.

BTCUSD Crypto traders then can select the bitcoin pending order which they want to set, these pending orders are buy limit, buy stop, sell limit, sell stop.

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