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Complete MT4 Interface Guide

Using the MT4 Terminal

The MT4 Terminal user interface can be divided into five main sections, each designed to help you analyze the market, manage trades, and navigate the platform efficiently.

1. Charts Window

A chart is the basis of data analysis. Besides displaying price changes, charts can include various analytical objects such as line studies, technical and custom indicators, text annotations, and geometrical figures.

Four toolbars are built into the terminal: Standard, Charts, Line Studies, and Timeframes. These toolbars contain duplicated commands and functions from the main menu, providing quick access to commonly used features. They are also fully customizable, allowing you to keep only the tools you use most often.

3. Market Watch

The Market Watch window displays essential market information, including:

  • Symbol

  • Bid Price

  • Ask Price

  • Time

  • High

  • Low

  • Spread (the difference between the ask and bid price)

4. Navigator

The Navigator window groups together open accounts, Expert Advisors, indicators, and scripts. It provides quick and convenient access to these tools, making them easy to manage.

5. Terminal Window

The Terminal is a multifunctional window used for working with trade positions, news, account history, alerts, internal mail, and program and Expert Advisor logs. It also allows you to open and modify different types of orders and manage your trade positions.


Chart Types and Timeframes

The price chart can be viewed in three different formats:

  • Bar Chart

  • Candlestick Chart

  • Line Chart

You can also select the timeframe from the toolbar. The available timeframes are:

  • M1 – 1 Minute

  • M5 – 5 Minutes

  • M15 – 15 Minutes

  • M30 – 30 Minutes

  • H1 – 1 Hour

  • H4 – 4 Hours

  • D1 – 1 Day

  • W1 – 1 Week

  • MN – 1 Month

What does the timeframe refer to?

For example, M15 (15 minutes) means that each candlestick represents a period of 15 minutes. Every candlestick opens and closes within those 15 minutes, and its shape is determined by the price movement that occurred during that period.


Video Tutorial

Watch our video tutorial to learn how to use the MT4 Terminal and understand how to use its features more effectively.

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