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Whether you as a beginner or an advanced trader need a platform that can be installed on your computer or mobile phone to connect with your Brokerage Firm and place manual or Automatic orders.
There are many types of Trading Platforms available in the market. Banks and Hedge Funds have their own customized Trading Platforms in order to keep a check on security and execution time.
Most Brokerage Firms now these days use Metatrader platforms in order to facilitate Retail Traders. However, some prominent Forex Firms also offer customized solutions like FXCM or ICMarkets.
Whether you are a beginner or an advanced trader, this guide will help you correctly install and configure MetaTrader 4 Platform on your Windows Operating System like a professional and start a Successful Trading Journey.
Table of Contents(toc)
What is MetaTrader 4 (MT4)
Metatrader 4 is one of the most successful and widely used Trading Platforms by online Retail Traders around the world. Its multiple functions and features have made this trading platform very dynamic and user-friendly. Metatrader 4 gives an edge over other platforms as Traders can write their own scripts or codes to automate their trading routine
Installation of MetaTrader 4 on Windows
I am going to explain each step so that you can install MetaTrader 4 easily on any Windows Operating System.
Step 1: Download MetaTrader 4 (Windows Version)
To download directly an updated version from the MetaTrader 4 website click the button below: -
Step 2: Click and Install MetaTrader 4
Click file mt4setup.exe located in the download folder of your computer as seen in the image file below: -
Step 3: Complete the Installation Process of Metatrader 4
Customization of the MT4 Platform Professionally
If you don't have a Live Account with any broker you can still open a Demo Account with MetaQuotes Software Corporation with virtual money with no fear of losing. This way you can test your strategies and technique thus taking the first step towards your successful trading career.
I have been using the MT4 Trading Platform for a very long time. I will share my own technique of customizing so that it enables you to both Swing and Day Trading.
How to Open a Demo Account on MetaQuotes
The idea behind opening a Demo Account with MetaQuotes is that you can trade with Free Funds and can perfect your Trading Technique and mentally get ready for the LIVE Account trading Real Funds.
Step 1: Right Click Account and Open an Account as seen in the image below:-
Step 2: Click MetaQuotes marked in Red Rectangle and Click Next as seen in the image below:-
Step 3:Click MetaQuotes marked in Red Rectangle and Click Next as seen in the image below:-
Step 4:Put your credentials or login Details and Click Next as seen in the image below:-
Now you have successfully Installed Metatrader 4 Trading Platform on your computer and it's time to customize your Charting Screens so that you can analyze and trade markets like a professional trader.
How to customize Charts like a Professional
Trading Charts are like a weapon on the battlefield. Your weapon can misfire if it is not cleaned, oiled and organized as per laid down standard operating procedures. or it may not hit the target due to the non-alignment of the telescope.
Therefore the first part of your trading routine is to check your charts if they are configured and aligned properly. The video that I have made will give you in-depth insight into configuring your MT4 Charts on windows.
