Congratulations and thank you for choosing VT Markets’ Metatrader 4. Combining VT Markets with Metatrader 4 will allow you to benefit from:
No Dealing Desk Execution
100% Straight Through Processing
Funds Secure in Segregated Client Accounts
Leverage up to 500:1
Award-winning Execution Speeds
Competitive spreads from 0.0 pips
24/7 Premium Customer Support
Metatrader 4 for PC is an easy and flexible online trading system for managing Forex trades and strategies. The VT Markets version of the MT4 platform provides a wide array of market analysis tools, such as Expert Advisors, that can be used to gain insight into the patterns of the global foreign exchange markets, without the requirement of constantly scanning the market manually. Coupled with our highly competitive pricing, forex traders are able to develop and implement strategies with minimal ongoing effort.
Before using MT4:
It is advised that traders should gain a basic understanding of the Forex market and trading fundamentals. For those new to trading, VT Markets provides many educational tools and learning resources on both the Education and Forex News sections of our website.
It is important to trial out a demo account, if you are new to online trading and/or Metatrader 4. It will be a useful opportunity to familiarise yourself with the platform and to learn the skills and risks of trading. The demo account is a free 30 day trial $50,000 account and a full version mirror of the live trading environment.
All traders are advised to consider and read the Financial Services Guide and Product Disclosure Statement, provided at Legal document page on our website.
Download the VT Markets MetaTrader 4 (MT4) software
Run the exe file and select ‘Run’ when the dialogue box appears
Select ‘Yes” when asked if you want to allow the program to make changes
Click ‘I Agree’ upon finishing reading the License Agreement
If you would like to set a custom install folder select ‘Settings’ before proceeding
Click ‘Next’ and proceed through the VTMarkets MT4 Setup
The installer will now download the latest version of MT4, once this is complete, click ‘Finish’
VT Markets have expanded the capabilities of MT4 by adding new and exciting features, including:
Trading Central Tools package
Account management facilities
Forex News Terminal
If you’re a forex trader you’ll know that MetaTrader 4 is the king of Forex trading platforms. Not only does it allow you to place and manage orders, undertake various technical analysis functions and auto trade, it also allows you to do plenty of not-so-well-known things. Let’s talk about a few.
First, the ruler tool. This is super handy when measuring this distance (in pips) between two points… ie stop loss and entry, etc. So how do you get this tool? Simple, click on the cross hair, or press Ctrl+F and click and drag between two points. You’ll find all sorts of handy info such as pip-distance, the number of bars in a range and the date. Not bad!
Secondly, if there are some indicators, scripts or EAs that you frequently use, why not make it easier to access them. Simply right-click on the item of your choosing and select ‘Add to favourites’. Now that was simple!
When it comes to becoming a better trader, it is super beneficial to go back over previous trades to see what you did right or wrong. So for a deeper look into your closed trades in MT4, pop on over to ‘Account History’ in the terminal. Just click on a closed position, drag it on to the chart in which you placed the trade, and presto, you’ll see the entry, target, exit mark data as well as the stop less, etc. This is great to see how you can improve on your market timing, stop losses and profit targets, as well as further refining your setups.
Use a customised template that you’ve created and are sick of always switching to it when you open a new chart? Well, here’s one for you. Set up your template to exactly how you like it, right click and choose ‘Template – Save Template’, and save it as ‘Default’. Now, every time you open a new chart it will automatically have your template as the MetaTrader 4 default.
I personally find it helpful to write notes on charts so that when I’m reviewing my trades I can go back to exactly why I took the trade, emotions, thoughts, things I notice about the market, etc. To do this, head up to the Insert menu and choose ‘Insert Text’ and you can enter whatever you want. And, you can use multiple text boxes.
There you go, I hope these few little not-so-well-known tips and tricks make your MT4 life just a little bit faster and easier.
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