Forex Academy:
Middle School
5 minutes
Lesson 2
What should I do after downloading
MetaTrader 4?
- Explaining Japanese candlesticks and how to switch to candlestick charts.
- How to switch between charts.
- How to switch between timeframes.
- Place an order with one click (One-Click Order) and how to set the number of lots (0.01 lot)
What should I do after downloading MetaTrader 4?
For a first-time user of MetaTrader 4, there are many aspects you may not yet be familiar with regarding the basic usage of the platform.
In today’s lesson, we will guide you through the basics of MetaTrader 4. Please watch the following tutorial video
MetaTrader 4 PC Version
1. How to Select Currency Pairs
In this video, we will show you how to select currency pairs on MetaTrader4 PC version.
2. How to switch between charts.
In this video, we will show you how to switch between charts on MetaTrader4 PC version.
3. How to switch between timeframes.
In this video, we will show you how to switch between time frames on MetaTrader4 PC version.
4. How to set the number of lots
In this video, we will show you how to set the number of lots on MetaTrader4 PC version.
5. How to Place an order with one click (One-Click Order)
In this video, we will show you how to place an order with one-click on MetaTrader4 PC version.
MetaTrader 4 Android Version
1.How to Select Currency Pairs
In this video, we will show you how to select currency pairs on MetaTrader4 Android version.
2. How to switch between charts.
In this video, we will show you how to switch between charts on MetaTrader4 Android version.
3. How to switch between time frames.
In this video, we will show you how to select the number of lots on MetaTrader4 Android version.
4. How to set the number of lots
In this video, we will show you how to select the number of lots on MetaTrader4 Android version.
Can I execute multiple trading orders at the same time?
In Forex, rather than trading one order at a time, you can execute multiple orders simultaneously. This allows you to analyze charts and time frames to identify numerous trading opportunities.
However, it’s important to note that trading multiple orders simultaneously can trigger Automatic Stop Losses!
Note: Please refer to the explanation about automatic stop losses in the 8th elementary lesson ‘How to Protect Your Capital.’
The lesson on “What should I do after downloading MetaTrader 4?” ends here!
Let’s check to see if you understand the lesson!
In the next lesson, we will guide you about the meaning of opening and closing orders. Please continue to follow.
If you have any questions, please contact us.