![]() ![]() 4Ħ Toolbars Standard, Charts, Timeframes. These are the most important features of the Terminal, to get you started. Trading hours update because of holidays. Mailbox provides trading updates from Streams ie. Shows open trades, exposure- your instrument exposure and which direction it is going, your Account History- that provides transaction and trade history, Alerts that you want to set up either based on price reached, or time alerts. Terminal The Terminal provides the management of the MT4 account and its trading. It provides an overview of all the instruments( or your selected ones), provides information about the spreads, the last update in time and allows you by drag and drop in the chart area to open charts. Marketwatch Marketwatch is something you always need to have enabled on your platform. Key Components of MT4 to have enabled: To enable, from the menu select VIEW and click on each feature. To do so click on TOOLS, OPTIONS, CHARTS, enable ASK line and click OK. The first step for a trader should be to enable the ASK line on the charts, so he can have a thorough overview of the markets. The difference between the ASK and the BID price is simply quoted as the spread. For sell trades it is reversed, opened on the BID price and closed on the ASK price. 5 How do I follow the correct pricing on MT4 and understand my trades? To begin with, buy trades on MT4 open on the ASK price and close on the BID price. ![]()
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