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MetaTrader Guide

MetaTrader is a widely used trading platform for forex, stocks, and futures, available in MT4 and MT5 versions. The document outlines the installation process, account login, interface overview, and how to place trades and use indicators. It also covers mobile app usage and web terminal access, emphasizing the platform's flexibility for traders of all levels.

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Ekin Kar
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66 views3 pages

MetaTrader Guide

MetaTrader is a widely used trading platform for forex, stocks, and futures, available in MT4 and MT5 versions. The document outlines the installation process, account login, interface overview, and how to place trades and use indicators. It also covers mobile app usage and web terminal access, emphasizing the platform's flexibility for traders of all levels.

Uploaded by

Ekin Kar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Getting Started with MetaTrader

1. Introduction

MetaTrader is a popular trading platform for forex, stocks, and futures. It comes in two versions: MT4 and

MT5. Both offer charting tools, technical indicators, and automated trading via Expert Advisors.

2. Installing MetaTrader

Download MetaTrader from your broker's website or from MetaQuotes. Run the installer and follow the

prompts. Once installed, launch the platform.

3. Logging Into Your Account

Go to File > Login to Trade Account. Enter your account number, password, and select the correct server.

Check 'Save password' for fast switching.

4. Interface Overview

Main sections include:

- Market Watch: Real-time prices

- Navigator: Indicators, Expert Advisors, and Accounts

- Terminal: Trade history, alerts, and journal

- Chart Area: View price charts and apply indicators.

5. Placing Trades
Getting Started with MetaTrader
Right-click a symbol in Market Watch > New Order. Choose volume, set stop loss/take profit, and choose Buy

or Sell. You can also use one-click trading from charts.

6. Using Indicators

Open Navigator (Ctrl+N) > Indicators. Drag and drop an indicator onto the chart. Customize its parameters

and click OK.

7. Switching Between Accounts

Open Navigator (Ctrl+N) > Accounts. Double-click another account to switch instantly. Make sure 'Save

password' was enabled when logging in.

8. Mobile App Usage

Install MetaTrader 4/5 from the App Store or Google Play. Login with your broker credentials. Use the

hamburger menu to switch between accounts quickly.

9. Web Terminal

Some brokers offer a web version. Log in through their portal and launch the web terminal. It provides basic

trading and charting tools.

10. Conclusion
Getting Started with MetaTrader
MetaTrader is a flexible platform for all levels of traders. With proper setup and practice, you can efficiently

manage multiple accounts and strategies.

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