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While the desktop version of the MT4 platform is relatively easy to use, it is loaded with unlimited tools and functions, allowing the user to adjust it according to their trading needs, ensuring at the same time that everything can be observed and won't be missed.
In this article, we will analyze its basic interface and main functions. The platform comes with nine basic components:
Common Window Heading
The program heading includes the current account number, application name, and the active chart window name and its period (timeframe):
Main Menu
All commands and functions that you can execute in the client terminal are collected in the main menu. It contains: "File", "View", "Insert", "Charts", "Tools", "Window" and "Help":
Toolbars Menu
Four toolbars are built into the terminal: "Standard," "Charts," "Line Studies," and "Timeframes." The toolbars contain duplicated commands and functions of the main menu. However, these toolbars are customizable so that one can collect only mostly used widgets in them:
Market Watch Window
This window contains the symbol list. Commands of this window allow controlling trade positions and charts:
Data Window
This window shows information about prices, as well as indicators and expert advisors imposed. This data window does not allow to perform any actions:
Chart Window (Tick Charts)
A tick chart is the basis of data analysis. Besides price changes, you can locate various analytical objects in the chart: line studies, technical and custom indicators, texts, and geometrical figures:
Navigator Window
Open accounts, expert advisors, indicators, and scripts are grouped in the navigation window. The "Navigator" can help to control them promptly:
Terminal Window
The terminal is a multifunctional window intended for working with trade positions, news, account history, alerts, internal mail, and logs of the program and expert advisors. Moreover, the "Terminal" window allows opening and modifying orders of different kinds and managing trade positions:
Tester Window
This window is intended for testing expert advisors. Besides testing and viewing various reports, you can optimize the expert parameters in this window:
