Navigating MT4 on Windows device
How do I open a chart in MT4?
You can open a chart within the platform in two ways:
- Go to the ‘Market Watch’ window and right-click on the desired symbol. In the drop-down menu, select ‘Chart Window.’
- Click the ‘+’ button ( ) on the main toolbar then select the desired symbols from the dropdown menu
Saving my chart settings
There are three ways to save chart settings.
- Set up the chart to your requirements. Next, right-click on the chart, select ‘Template’ then ‘Save Template,’ and give your chart a name. To apply this template, right-click on the chart you want to reconfigure then select the chart template you saved above.
- Alternatively, select the chart you want to save, go to 'Charts' in the main toolbar, then go down to 'Template' and 'Save Template'.
- Another option is to click on the ‘Template’ icon in the main toolbar. The Template icon is the one with graphics on it.
How do I zoom in/out of a chart?
To zoom in or out, select the chart you want to view, right-click, and choose the ‘Zoom In’ or ‘Zoom Out’ option. Alternatively, from the main toolbar, you can use the magnifying glass icons to zoom in and out.
How do I change a chart type
There are two ways to change the chart type.
- Select the chart you want to change. Choose one of the default chart types from the toolbar.
- Click on ‘Charts’ in the toolbar, then select a default chart type from the dropdown menu.
Showing the ASK price
By default, MT4 will show only the BID price on the chart for the previous history. To see the ASK line for the current spread you will need to add it to your chart using the following steps:
- Right-click on your chart
- Click on "Properties".
- Check the "Show Ask Line" box
- Click "OK"
Create trend lines or other line studies
You can apply various trend lines and line studies directly from the main toolbar. If these options are not visible, click 'View,’ then ‘Toolbars’ and make sure the ‘Line Studies’ option is ticked. Once the correct line study has been selected, left click on the chart to start drawing.
Swap rate
To see the swap charges for a currency position, login to your MT4 platform and use the following steps:
- Right-click on a pair in the ‘Market Watch’ panel
- Select ‘Symbols,’ choose a symbol to view then select ‘Specification.’ The features of the currency pair, including the relevant swap rates, will be displayed