Download any MetaTrader4 installation program from the broker of your choice.
MT4 Guide - Market Watch Window
The “Market Watch” window can be activated by pressing the Ctrl+M key combination, or by using the View->Market Watch menu sequence or by clicking the
button from the “Standard” toolbar:
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MT4 Guide - Close a Position
In order to close a position, highlight the trade in the “Trade” tab of the “Terminal” window and right click to obtain the context menu:
MT4 Guide - Modify Order
Stop Loss – an order to close a previously opened position at a price less profitable for the Customer than the price at the time of placing the order.
MT4 Guide - Trailing Stop
Trailing Stop is an algorithm to manage Stop Loss orders. Once a trailing stop has been placed (for example, trailing stop’s value is 15 pips) the following occurs:
MT4 Guide - Pending Order
Pending Order is an instruction to open a position when the current price reaches the order level.
There are four types of pending orders:
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