How To Use The Market Watch On A Microsoft Mt4/5 App On A Pc Or Macbook
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1 MetaTrader for IPhone User Guide
2 Contents How to get the MT4/5 App for iphone and ipad... 3 How to log into your Existing Account or create a new demo account Quotes Tab... 4 a. How to add more instruments... 4 b. How to delete unwanted Instruments... 5 c. How to open a Trade... 6 d. How to open charts Chart Tab Trade Tab... 9 a. How to close a Trade History Tab Settings Tab a. How to add a second account... 10
3 How to get the MT4/5 App for iphone* and ipad* The MT4 application can be downloaded via the Apple App Store either over your Apple device or over the itunes software on your PC/ Laptop. To find the application on the App store faster, go to Search and type Meta Trader 4. On the MT4 App, there are 5 main Control Tabs that you will use to manage your account. Those 5 Tabs are: 1. Quotes 2. Chart 3. Trades 4. History 5. Settings How to log into your Existing Account or create a new demo account After the installation of MT4/5 App and Run the App for the first time, you will receive the following window: In the first window, you have the option to either Log into your existing live or demo account, or simply create a new demo. When logging in, make sure you select the right server. If you cannot find our server, tap on search and type in ActivTrades. (Note: when creating a new demo, please make sure to enter numerical or alphabetical values in the Name field. Otherwise the registration won t work).
4 1. Quotes Tab Once you have successfully logged in to your account, and every time you open the App in the future, the program automatically takes you to the Market Watch. On the App the market watch is referred to as Quotes. As mentioned above, Quotes in the market watch is where all currency pairs and CFDs are listed. With the App you have the possibility to change the view of the instruments from Simple to Advanced The Simple view shows only the name on the instrument the Bid and Ask price respectively. In addition, you can remove the instruments you don t like to trade as well as add instruments you want to trade but are not listed in the Quotes a. How to add more instruments To add Instruments, first click on the + as indicated in the picture below.
5 In the next window you will see a list of instrument groups: a. Metals b. CDF Forward c. Majors d. Minors e. Exotics Tap on the relevant group to open all underlying instruments of that specific group. Choose the instrument you want to trade, tap the green + to add it on your Market Watch/ Quotes. b. How to delete unwanted Instruments You can delete CFDs or currency pairs you don t need from the Quotes list. To do this, tap on Edit, select the pair or CFD that you want to delete and confirm your action by tapping on the recycle bin in the upper right corner. When finished, tap on Done to save the list again. See image for easy reference:
6 c. How to open a Trade To open a trade, tap on the relevant CFD or FX Pair, where the action menu will then pop up. Tap on Trade and you will be redirected automatically to the order mask: Here you can choose the volume/ lot size you want to trade, the order type and if necessary you also have the option to change the instrument. Lastly tap Next, whereby you can place a SL & TP, and confirm your order by tapping on Buy or Sell.
7 d. How to open charts In order to open a chart, follow the first part of the previous instruction and simply tap on Chart. The Application then, automatically redirects you to the Chart option. 2. Chart Tab Depending on how you hold the device (Horizontal or Vertical) the layout of the chart options will be different. As with the MT4 PC, here you have the ability to customize your chart. - Horizontal: to add an indicator while holding the device horizontally, tap inside the chart to open the action menu and choose the option indicators. - Vertical: to add an indicator while holding the device vertically, tap on the symbol as indicated in the above image. In both cases you will be directed to the following Indicator window:
8 In the Indictor window, tap on the + and the list of preinstalled Indicators will open. Again, tap on the indicator you like to use, set the parameters and confirm with Done in the upper right corner. To delete an Indicator from the Chart, open the Indicator window, slide from left to right on the indicator, where by the delete option will become visible, and confirm your action by taping on delete. In addition to adding indictors, you have 7 different time intervals (Periodicity) to choose from (M1, M5, M15, M30, H1, H4, D1). As with the MT4 PC, the longer the time interval that you have chosen, more historical data will be shown on the chart. Choosing the right Periodicity depends on the trading strategy you follow. Furthermore, in Chart you also have the possibility to change the chart type from Bar chart, to Candle and Line Chart. This can only be done when your device is held horizontally. The symbols for each chart type are on in lower left corner of the screen. With the MT4/5 App, the Zoom in and Zoom out function is available as well. To zoom you have to, inside the chart, slide your fingers together to zoom in or slide fingers apart to zoom out. This can be done by holding the device horizontally or vertically. Using the Chart, you also can open trades. To do so, tap anywhere inside the chart, wait for the action menu to pop up then tap on Trade. From here simply follow the steps mentioned above on How to open a trade. Note: The MT4/5 app can only open one chart at a time. To change the chart of the CFD or currency pair, simply go back to Quote, choose the instrument you want to display, tap on it, and in the action menu tap on Chart. Your customized chart characteristics will not be lost in this process.
9 3. Trade Tab The Trade Tab can be referred to as Terminal; similar as to the MT4 PC. In Trade, you can see your account balance, equity, margin, free margin, margin level, PnL, as well as all open Positions and Pending orders. a. How to close a Trade To close an open position or modify/ add a stop loss or take profit, tap on the order you want to close. Below the trade, a Trade Info Box will pop open, containing all information about the individual position. Inside this box, tap and hold for a few seconds until the action menu opens. At this point you will be able to modify or close open positions
10 4. History Tab In the History tab all the trades that were closed during the day are displayed, in addition to an overview of the profit/loss, withdrawals, deposits, balance and credit. Furthermore, you can see you re trade history on a weekly base, monthly base and on customized base. A new feature that is not available on the MT4 PC, is the possibility to filter all the trades based on their symbol. Simply type the instrument you are looking for in the search bar and the App will list all the trades under the search criteria you have entered. 5. Settings Tab The last Tab is Settings. Here you can see the list of your account, additional chart options and the Journal. The most relevant option in this Tab is Accounts. Here you can add additional live or demo accounts, and check the connection between the App and our Server. How to add a second account To add a second Live or demo account, tap on Accounts followed by the + which is located on the upper right corner. At this stage follow the login instructions mentioned at the beginning. The image below shows how the end result will look like. Now you can switch between the accounts just like on your MT4 PC
11 This manual is for information purposes only and should not be considered as investment advice or an invitation to trade. Although every effort has been made to ensure the accuracy of the information contained in this manual, the decision to act on any methods, ideas and suggestions presented is at the sole discretion of user. This manual and all its content are the intellectual property of ActivTrades PLC. All rights reserved. Without the express written permission of ActivTrades PLC this manual may not be copied, or reproduced in any way. The content contained in the manual is for personal use only and cannot under any circumstances be divulged to a third party. This manual does not take into account your investment objectives, financial situation or needs. Forex, CFDs and futures are leveraged products and carry a high degree of risk to your capital. They are not suited to all investors and you can lose substantially more than your initial investment. Please ensure that you fully understand the risks involved, and seek independent advice if necessary. *iphone and ipad are trademarks of Apple Inc., registered in the U.S. and other countries.
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