META QUOTES ANDROID USER GUIDE PHONE Client Services DMM FX AUSTRALIA Version 1.0
Contents Introduction... 2 Downloading MetaTrader 4 Application... 2 Opening the Application and Logging in to the DMM FX Server... 2 Viewing MT4 interface for mobile... 3 A. Displaying of Quotes... 3 B. Charts... 3 C. Trade... 4 D. History... 5 Indicators... 5 Placing a Trade... 7 Modifying an Order... 8 Closing an Order... 8 1 P a g e
Introduction In order to offer the complete trading experience to all clients, DMM FX Australia allows you to access MetaTrader 4 from your Android handset to trade CFDs. Meta Quotes for DMM FX is an externally developed platform that serves as an alternative to MetaTrader 4, providing you with unparalleled access to your CFD account whilst on the go. Downloading MetaTrader 4 Application To begin trading with DMM FX Australia s Android application, you will need to complete the following: Create an account with DMM FX - Both Demo and Live accounts are currently offered through the platform. If you have not yet created an account, visit DMM FX s registration page - www.dmmfx.com.au/register Download the Application from the Google Play store o Figure One Meta Trader Platform in the Google Play Store The application can be found by searching for MetaTrader from where you will gain free access to trading on your Android. Opening the Application and Logging in to the DMM FX Server When you open the application, you will be directed to the main login screen, you can select from two of the following options, as seen in figure two. To access DMM FX through your Android phone, login with an existing account, search for DMM FX. Access to both the Demo and live accounts will be provided. When you select your required server (figure three), you will need to submit your login details through the mobile platform (figure four). DMM FX does not recommend saving your password for security reasons. The details you are required to submit can be found in your registration email from DMM FX. Figure Two Android application main login screen Figure Three Searching for the DMM Server Figure Four Login Page 2 P a g e
Viewing MT4 interface for mobile After successful login, you will be directed to the home interface, also known as the quotes window. The quotes window can be seen on the right. It contains the following options within the menu bar: Quotes Chart Trade History A. Displaying of Quotes The quotes window is essentially the market watch window for mobile. The default settings select a limited number of currency pairs for display. Figure Five The Quotes Window The currency pairings are all coloured black. The bid (left) and ask (right) values are coloured depending on their most recent price fluctuation. Blue signifies an increase and Red a decrease. The Advanced View Mode provides greater insight of the pairings. Go to Advanced View Mode in the quotes window can be provided by tapping on the screen and selecting Advanced View Mode. If you wish to customise the financial pairings displayed in the quotes window, tap on the screen, select symbols. All pairs offered by DMM FX Australia can now be included or removed from the quotes window. Pairings can be added by clicking the + symbol and removed by tapping on the trash can symbol. Once you have finished your quote window customisation, tap the return button to go back to the quotes window. Figure Six Customising the quotes window B. Charts Chart display is the second button within the menu bar, it displays all client trades. To open a chart window, select the financial instrument from the quote section and proceed to chart. The respective pairing will be graphically displayed. The chart window can be displayed either horizontally or vertically and similarly to the Meta Trader 4 platform, allows for customisation to suit your preference. An example of the DMM FX mobile application chart window can be seen on the right. The chart itself incorporates simplicity, whilst allowing for comprehensive analysis to assist your trading. The components of the chart window are: Figure Seven Financial pairing options 3 P a g e
a) Crosshair - Used to assist with coordinate identification within the chart to determine the number of pips between two points. b) Financial Pairing by tapping this button, you can select the financial pairing you wish to be displayed in the chart window. c) Periodicity The periodicity button will modify the time period displayed on the chart. Each bar and candlestick represents the periodicity selected. d) Indicators Allows traders to add indicators to the chart window to develop an understanding relative to the selected financial instrument. e) New Order Traders can enter into a new position by tapping this button. f) Chart Window Graphical representation of price fluctuations for chart. If you tap the chart window you can enter into positions and analyse data further by implementing indicators. Figure Eight Chart Window C. Trade The trading window is the mobile version of the Trade Terminal available on DMM FX s Meta Trader platform for computer. The window provides insight into any positions a trader has taken, regardless of their execution type. In addition to assisting with analysis, the following actions can be performed through MetaTrader: Trade Execution Closing Trades, both partially and completely Trade modification Information on your account position, identifying unrealised profit, account balance, the margin level for the account, etc. Figure Nine Trade Window 4 P a g e
D. History Resembling the Account History terminal in DMM FX s computer platform, the window displays all executed trades. The terminal itself identifies the following: Profit realised on closed trades Itemised trading history, allowing for insight into individual profit and trade time. Any deposits or withdrawals made. Credited total with reference to account. Access to account history in three different time intervals (day, week, and month) is provided. You can also establish a custom period and search for specific financial pairings. Additionally, you can filter your trade history by financial pairing. Figure Ten Account History Window Indicators Prior to placing a trade, indicators can be utilised to determine the future price direction through the analysis of past patterns. Similar to MetaTrader 4, the mobile application includes a vast number of indicators. You can also create and import custom indicators. By Tapping on the chart, you will see a pop up box from where you can choose to manage indicators. The indicator window can also be generated by selecting the f at the bottom of the chart window In both cases you will be directed to the following Indicator window: Figure Eleven Financial pairing options within chart window Figure Twelve Indicator Screen Figure Thirteen Adding Indicators 5 P a g e
In the Indictor window, tap on the + and the list of preinstalled Indicators will open. Tap on the indicator you want to use, set the parameters and confirm by selecting Done in the upper right corner. This is where you can place or remove indicators from the chart. The Main Window area of the page relates to the actual price movement section of the chart. Indicator Window 1 and 2 are simply indicator areas where you can place indicators that do not depend on price values for their data. For instance, Bollinger Bands would show in the main window, while a relative strength indicator would show in one of the supplemental windows. Add an indicator to any of these areas by tapping the blue + to the left of the area s description. Figure Fourteen Indicator Parameters To delete an Indicator from the Chart, open the Indicator window, slide from left to right on the indicator. The delete option will become visible. Confirm your action by tapping delete. Access to all indicators is available within the MetaTrader Navigator. A drop down menu provides access to common indicators such as averages, relative strength index, MACD, etc. In order to choose an indicator to implement on your chart window, select indicators in the navigator and scroll down to the indicator you would like to use. The image on the right indicates The Simple Moving Average (SMA) Indicator. You will need to input the parameters in order to establish an indicator. After technical analysis relating to a specific pairing has been completed, indicators can be removed by clicking the chart window and proceeding to indicators list. Hold down the indicator, then delete. Once deleted, the indicator will be removed. There is no limit on the number of indicators that can be implemented on a given chart window. Figure Fifteen Indicator window displaying the Simple Moving Average (SMA) Indicator 6 P a g e
Placing a Trade After analysis, you can now place trades through the DMM FX mobile application. Trades can be placed in the following ways (all options will proceed to the same screen shown right): Quotes Window Simply tap any of the financial pairings that you wish to trade and select trade. Chart Window Tap the chart window and select trade Trade Window Expand one of the existing orders currently open, press the expanded trade information and proceed to trade. o Alternatively, if no orders are open, an option to open a position will be available within the trade window terminal. Figure Sixteen Establishing Parameters of position The screen shown at right shows a simplified version of the market watch window found on the computer platform. Prior to placing a trade, you must define the following aspects of your trade: Position Select the position you wish to take regarding the CFD (Buy or Sell). Symbol Select the financial pairing you wish to trade. Size - The quantity that is to be traded. Please note that the derived quantity is in units. A standard unit is equal to $100,000 currency units (and 0.1 equals 10,000 units). In the above example, the AUDUSD pairing will be traded at 20 lots in a market execution. Once you are satisfied with the details of the trade, please select next in the top right corner to proceed. Figure Seventeen Order Confirmation Window 7 P a g e
You can now place limits on your order in the form of take profit and stop loss. DMM FX Australia uses market based execution. Therefore, order limits can only be set once a position has been entered into Finally, you will be required to decide on the position to take relating to the currency pair. You can decide to Buy (Call) or Sell (Put) the financial instrument you have selected. Once you have entered into the position, you will receive a digital receipt to the right. Once you press done, you will be redirected to the trade window and receive real-time updates on your current positions, with unrealised profit updated instantly. The image on the right demonstrates the current market position. Note that the two numerical figures under the financial instrument are the price the position was entered into and the current market price respectively. Figure Eighteen Digital Receipt Modifying an Order To modify a particular order, traders are required to open the trade window and hold down the order to modify. Doing so will open a screen from which you can proceed to modify the order. As can be seen in the image on the right, orders can only be modified to incorporate a stop loss and take profit. Closing orders partially can only be performed from the initial trade window. A modification can be confirmed by tapping the order. Closing an Order When closing an order, you will need to proceed to the trade window and identify which method of closing you require. Hold down the order being closed until you receive the menu to close the order, as can be seen on the image at right. There are two options available for closing an order: Figure Nineteen Order Modification Window Partially closing an order - Clients can partially close an order by holding down the specific order and proceeding to input the volume they wish to close. By closing an aspect of the order, the profit or loss for that amount is realised and the remaining part of the order will stay open. 8 P a g e
Closing an Entire order - Clients can close the entire order to exit a position. The order can be closed by proceeding to the trade window and pressing close at the bottom of the screen, as shown on the images below. In both instances, closing the order will provide a confirmation window. Figure Twenty Closing Order Window Figure Twenty One Digital Receipt 9 P a g e