10 11 blogger.com blogger.com Risk Warning: Trading Forex puts your capital at risk. AFSL No If you are unable to see all the desired instruments on the list, simply press Ctrl + U and window with all pairs available will appear. Some pairs are highlightedFile Size: 6MB If yes, then you are in the right place. You can find this book online on our website, and this is a great news for all of you. Now, to share this Metatrader 4 Android Tutorial For Beginners link with you. Hey everyone, students! I found this Metatrader 4 Android Tutorial For Beginners for free and it is really good to read 14/01/ · In this MetaTrader 4 tutorial, we will show you more about the MetaTrader platform, especially if you are a beginner trader. Moreover, we will give you some tips that you need to know before you start trading with Expert Advisors
MetaTrader 4 Tutorial for Beginners + PDF Attached - EA Trading Academy
In this MetaTrader 4 tutorial, metatrader 4 tutorial for beginners pdf, we will show you more about the MetaTrader platform, especially if you are a beginner trader. Moreover, we will give you some tips that you need to know before you trade with Expert Advisors on MT4, metatrader 4 tutorial for beginners pdf.
Later in this lecture, you will be able to download a MetaTrader 4 tutorial in PDF and learn how to use the platform with examples. This is how the MetaTrader platform looks like after you install it. I have selected MetaTrader 4 for most of my courses because it is the most common platform for trading.
It allows algorithmic trading, which is very important, and it is free. The brokers pay the MetaQuotes Company and the brokers provide the platform to us for free. What we pay the brokers is the spread. This is the difference between the Bid and the Ask price. For beginner traders, when we buy an asset, we buy it at the Ask price or this is the more expensive price. And when we sell the asset, we sell it at the Bid pricewhich is the cheaper price. For example, if I buy one trading lot at the moment at the price of 1.
If I close the position at that moment, I will be closing it on the Bid price. Therefore, the broker will benefit from the difference between the Buy and the Sell prices. This is very normal and it is important to know when you are trading with Expert Advisors. The other cost that we pay the brokers is the swap. The swap comes if we hold our position overnight. If I buy EURUSD today, for example, I hold the position overnight, and I close the trade tomorrow, I will be charged a swap.
This is the fee that the broker takes if it metatrader 4 tutorial for beginners pdf the trade to the next day. It is the same thing if you sell, metatrader 4 tutorial for beginners pdf, but some brokers will give you actually a positive swap.
In other words, if they hold your position overnight, you may benefit from that. If I right-click over the Market Watch, over the EURUSD and I click on Specification. I have a Swap long negative and I have a Swap short positive.
This means that if I keep my short trade overnight, I will have some positive swap out of that. At the end of this MetaTrader 4 tutorial for beginners, you can download our MetaTrader 4 PDF Tutorial with some basic terminology about Forex trading which will help you learn all of these terms faster. In the Market Watch, we see all of the assets that the broker offers you.
This will display more assets that are provided by the broker. This is from where we can select the assets we want to trade. So right here I have already opened 2 charts for Bitcoin and I have some more for Forex which was opened by default when I installed the MetaTrader. So let me remove those. And I have 1 chart for Bitcoin on hourly time frame and the other one I can change, for example, to M15 timeframe.
We have actually 3 types of charts. We have bars, we have candlesticks, and we have line chart. So when we are on M15, this means that 1 candlestick or 1 bar represents 15 minutes of a time. The chart is a representation of the price which we have on the right side and the time which we have below the chart.
Where these 2 meet, we have the candlesticks. And if we are on hourly chart, then 1 metatrader 4 tutorial for beginners pdf or 1 bar represents 1 hour time frame. And for each candlestick, for each bar, we have the opening of the bar, we have the closing of the bar, the highest point and the lowest point. So in this case, the negative bar is represented with white color and the positive is with black color.
So if I put the mouse on the closing of the bar, you can see exactly what are the values for the open, high, low, and close. And what happens after the bar closes, a new bar opens.
So we have the closing of that bar and then the new bar opens. The price goes up and down. It closes at one level. And because the closing was higher than the opening, we have a positive bar that is fulfilled with black and all of these colors you can change from Properties.
Nothing over the MetaTrader 4 chart. I just wanted to give you a brief idea of what we see on the chart as price, because at the end of the day, the price always matters. But for trading and strategies and Expert Advisors, we use different Indicators. And I will go to Indicators List. The Indicators, the trading rules, they will be inside the Robots.
And I will show you later on in the course what are the rules, how I create the strategies, metatrader 4 tutorial for beginners pdf, how I test them even before putting on a Demo Account. This is where we have the accounts. As I said, you can have many accounts with a broker, but if you want to test Expert Advisors on different metatrader 4 tutorial for beginners pdf, you need to install different platforms as well. Below, we have the Indicators very similar if you want to insert them from Indicators or you will insert them from the Navigator, just double click on it and it will be over the chart.
For example, the Accumulation Indicator is displayed below the price, not over the chart. So let me remove it for the purpose of this MetaTrader 4 tutorial. And then we have some scripts that are useful for algorithmic trading and different purposes.
But the most important is Expert Advisors. And I have 1 Expert Advisor for Bitcoin. Below the Navigator, we have the Terminal where we see our balance or our account, the equity, and the margin?
So basically, the margin is how much free money we have in the account, how much we have blocked from the account, and how much free margin we have in the account. So when we start opening positions, some of this amount will be blocked. Depends on what the price of Bitcoin is at the moment, metatrader 4 tutorial for beginners pdf. But the leverage for the beginners with simple words is the amount of money that the broker borrowed the trader to use for trading.
If I use leverage to 1, then I will be able to Buy times more from what I have in the account. And of course the leverage is very useful. Of course, you can make very quick profits, but that probably will be more of lucky trading. And at the same time, metatrader 4 tutorial for beginners pdf, as I said, it is very likely that you will just lose everything in the account.
So take it easy with the leverage. It depends on where you live and what type of broker you use, but it is always very important to trade small piece from your amount so you are not risking the whole capital in a few trades. And this is how usually beginner traders lose their money in the 1st month of their trading, metatrader 4 tutorial for beginners pdf.
In this course, I will focus on the GBPUSD, which I believe you will be able to find with all of the brokers. Actually, the GBPUSD is the third metatrader 4 tutorial for beginners pdf traded currency pairthe first being EURUSD.
The second is USDJPY, and the third spot is GBPUSD. However, in most of our courseswe include different strategies for different metatrader 4 tutorial for beginners pdf. In other words, if you have already many of our courses, you will have Expert Advisors for EURUSD, USDJPY, EURJPY, and EURGBP. You will have a great diversification of your risk by trading different assets.
For this course, I will include different strategies for the GBP so you will not rely on one single strategy or one single Expert Advisor.
And still, this way, you will have an excellent risk diversification which you will see a little bit later in the course. If you want to trade any of the assets, all you need to do is to right-click over it in the Market Watch and go to New Order. This is where you can execute an order, you can set the volume, how much you want to trade, the Stop Loss and the Take Profit.
If you want to execute the market price at the moment you can just sell or buy. Or you can use a pending order. In other words, you can select what type of pending order you want to do and select the price at which you want to buy or to sell. You metatrader 4 tutorial for beginners pdf see how I do it all with Expert Advisors.
In the Navigator, you will see that we have the Accounts. In addition, this is where you will see your account that you opened with the broker, if you have a Demo or if you have a live account. Then we have different indicators that you can use for your strategies. After that, we have the Expert Advisors, which I will show you how to put on your MetaTrader just in the next lectures.
Below the Navigator, we have the trading terminal where you will see the open trades and the closed trades. Moreover, we will have the account history where we will see all trades that open and closed. I have opened a Demo account of USD, metatrader 4 tutorial for beginners pdf, this is virtual money.
You can always restart your account and practice. This is the best thing. To sum up, when you have a Demo account that you are actually trading, you have access to the market and you can practice without losing anything. Not just from this course, but any other strategies that you learn.
Make sure to practice and make sure to master it before risking real money on the market. In the middle of the screen, you see the charts and you can modify those. I can right-click and select Tile Windows.
MetaTrader 4 Mobile App Tutorial For Beginners Learn \u0026 Start Trading Forex in 16 Minutes Android/iOS
, time: 15:30
14/01/ · In this MetaTrader 4 tutorial, we will show you more about the MetaTrader platform, especially if you are a beginner trader. Moreover, we will give you some tips that you need to know before you start trading with Expert Advisors FxPro MT4 combines one of the industry’s leading trading platforms, MetaTrader 4, with the professional trading conditions that FxPro is known for. On FxPro MT4, you can trade Contracts for Difference (CFDs) on Forex, Shares, Futures, Spot Indices, Spot Metals and Spot Energies, with access to 3 different chartFile Size: 2MB If yes, then you are in the right place. You can find this book online on our website, and this is a great news for all of you. Now, to share this Metatrader 4 Android Tutorial For Beginners link with you. Hey everyone, students! I found this Metatrader 4 Android Tutorial For Beginners for free and it is really good to read
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