Metatrader 4

Metatrader 4: Download, installation and setup.


This online video tutorial is the first video of a full online series of coaching videos. In this series I will babystep you through your formation as a daytrader. If you haven't got any idea of trading yet you should start with this video in order to get to know your most important tool by means of which you will make your money in the future: The Metatrader 4 platform (MT4). If you want to follow the whole series, please be prepared for the following topics:

1. Introduction into MT4 platform: Installation and Setup

Helpful Metatrader Tools

2. Indicators and Oscillators

3. Understanding Candle Sticks

Understanding different Time Frames

Trading Candlestick Patterns

4. Risk- and Money Management

How much is the Pip?

Forget the Hit Ratio!

5. Fundamental Analysis

Using the Economic Calendar

Intermarket Analysis

Correlations and Seasonals

6. Technical Analysis

Dow Theory

How to decipher and trade chart patterns

Fibonacci trading

7. Successful daytrading strategies

Daily routine of a Daytrader

Long and Short Trading Strategies

Countertrend Trading

8. Live Trading

Introduction into Metatrader 4 Platform

In this introductory video I will show you how to download and install your MT4 platform, how to setup your chart for your daily trading (change colors and layout), how to alter trendlines and trendline colors, how to alter fibonacci levels and the meaning of the different order types: Buy Stop, Sell Stop, Sell Stop and Sell Limit.

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RISK WARNING: Daytrading includes products that are traded on margin and carry a risk of losses in excess of your deposited funds. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved.