Prestige International Bullion Limited MT4 Operation Manual 2012/1/1 Room C-E 33/F Tower B Billion Centre 1 Wang Kwong Road Kowloon Bay Hong Kong
Prestige International Bullion Limited MT4 Operation Manual Index * Download and Installation of MT4 * Access of MT4 Trading Platform * Demo and Real Trading Server Login * Language Selection * Features of MT4 * Changing of Password * Server Connection * Language Selection * Features of MT4 * Order Execution & Modification of orders * Close Trade Execution * Trading Details
Prestige International Bullion Limited (PI) MT4 Trading Platform Manual Downloading Of Trading Platform Step 1 Please browse the PI website at http: //www.prestigegroup.com.hk and double click at the icon Electronic Trading Station at PI website. Alternatively, you can go to the following link:- http://www.prestigegroup.com.hk/soft/prestige4setup.zip The screen will appear as below: Please double click Download PI MT4 Trading Platform Step 2: Please click save (ensure file name is prestige4setup.zip)
Step 3: Save the file to your computer deskstop and double click the file at your computer deskstop. Step 4: Click next
Step 5: Click next Step 6: Click finish
Trading Platform Starting Step 1: Click the icon of Prestige MetaTrader 4 on your computer desktop. (Prestige Getting Demo A/c) Step 2: At the menu bar, Click on File and go to Open An Account
Step 3: Fill in your personal details, click next when finished.
(Prestige -Login Demo) Go to file and choose login. The Login screen will appear and please ensure the server is selected to Prestige-Demo. Once login to the platform has been successfully done, there are green and red lights and the numbers at the bottom right of the platform which informs the status of online connection.
(Prestige -Login Live A/c) Go to menu bar and click file then select login. At the login page, please select Prestige-Live For security reason, we are strongly advise that you change your login password on the 1st time when you login to the platform. Once the password has been changed, only you would know your password. Password Changing Step 1: At the menu bar of the platform, go to Tools and choose Options.
Step 2: At column Server, please enter a new password at the space of Password and click Change Step 3: Enter old and new password at respective space provided. Then click OK. Server Connection Please double click the connection icon which will shows Server China and Server International. Please choose Server International for countries except China.
Language Selection You can select language for easy reference. Just Go to Tools, choose Languages and select the language you prefer. Then, exit the platform and re-login to the Demo or Live account to reflect the language changed.
Trading Platform Features 1. Market Watch Window (at up left side): Symbols: The Real-time quotes for Loco London Gold (LLG) and Loco London Silver (LLS). By pointing and right click on the bid/ask prices, you can extend the column to show high/low prices and latest time. Tick Chart: By clicking the Tick Chart, it shown the trend of the LLG or LLS of which you had selected. 2. Navigator Window This window allows you to get a quick access to your specifics (eg. Accounts, indicators, expert advisors, Custom Indicators and Scripts).
2. Terminal Window Trade Account History News Alerts Mailbox Journal shows the status of accounts, open positions and pending orders as well as manage all trading activities. shows history for all performed trade operations and balance without taking open positions into consideration are published here. shows Dow Jones latest market financial news. various alerts can be viewed and set here. All messages sent by the system are stored here. shows all the activities done to the trading platform. Balance Equity Margin Free Margin Margin Level : Amount of deposited fund in the trading account. : Total Balance plus current floating profit/loss in all open positions. : The necessary margin in use. : Balance usable margin. : Equity over margin ratio.
Trading Execution 1. Instant Order (Instant Execution) Double click on the selected Symbol (LLG or LLS) at the Market Watch window; Or select New Order (first option at the top of the context menu); Or Press F9 An Order screen will appeared, input the quantity of volume you wish and click Sell button or Buy button for position you wish to take. Next, please click OK to complete the process of instant order.
2.Pending Order Follows the steps in Instant Order to open the Order screen. Input the quantity of volume you wish and select Pending Order at the field of Types. Then, the Order screen will require you to fill in details like Type, at price and Expiry for the Pending Order you need to place. There are 4 Types of Pending Order: Buy Limit Sell Limit Buy Stop Sell Stop Set Buying price below current market price Set Selling price above current market price Set Buying price above current market price Set Selling price below current market price Select the type of Pending Order, follows input price to column at price and set the date to the Expiry. Notes: Prestige s expiry dates only valid to 1 week (Good till Friday). All pending order will automatically cancel on Friday after market close.
All Instant and Pending Orders confirmed will be listed in your Trade at the Terminal Window. 3. Modify Or Delete Order At the Trade of the Terminal window, right click at the position of the order you wish to modify or delete. To Delete: click Delete button. To Modify: please fill in the details eg Price or Expiry & etc. Once finish, click Modify to reflect the changes.
Close Position/Order At the Trade of the Terminal Window, right click at the position/order you wish to close and select Close Order. Alternatively, you can double click the same. The Following diagram will pop up. Please click at the Close order shown in yellow colour to close the position/order. Then, click OK to confirm your position/order to close.
Trailing Stop Trailing Stop helps to track the market when a specific trend is strong and you intend to maximize your profit it. Once a trailing stop has been set in place, it will only activate once your order is in profit the amount of points you selected. Normally, Trailing Stop set after the positions/order had open. The Trailing Stop is only activate when you are connected to your platform. Once you disconnect, it will be deactivated until you connected again to the platform. Setting of Trailing Stop Right click the Order at the Trade of the Terminal window. Select Trailing Stop and choose the level which suits your trading position. Once Trailing Stop successfully been set, the Order code shows T. While Trailing Stop being triggered, the stop loss (S/L) column will shows in yellow.
MT4 Trading Rules The MT4 electronic trading platform is a third party trading system software developed by Meta Quote Software Corp. The operation of MT4 trading platform differs from the previous version of trading platform developed by PI. Therefore, we advise you to start learning the MT4 by using MT4 Demo Platform of PI where by doing so it will help you to familiarise with MT4 features. The Mode of Operation in PI MT4 Trading Platform: Platform Time The time shown on MT4 trading system is set to Greenwich Mean Time (GMT) +3 hours which is 5 hours behind Hong Kong time (GMT +8). Therefore, bear in mind that to add 5 hours to match with Hong Kong Time. Time On Pending Order The Expiry time on pending order showed follows GMT +3. Make sure you have the correct time for the expiry or the pending order will be expired in 5 hours time. Trades Clearing Period -The trading platform will be stopped daily at past midnight Hong Kong time 4:55 am. or GMT 23:55 for trades clearing. Order will not be accepted during the trades clearing period until it resume in operation at 6:00 am. All pending order still valid during the clearing period. Charges -The charges (commission and exchange levy) will be imposed as soon as open order is executed. (Exchange levy will be add, if any) Interest Calculation -Interest is based on daily market closing price and not the open order price. Liquidation Level -It is based on total necessary margin, the system will enforce liquidation on all open positions once margin falls below 20% (force liquidation). Necessary Margin Items Initial Margin Hedge Margin Break Hedge Margin Standard Contract Loco London Gold USD 1,000 USD100 USD 1000 Loco London Silver USD 1,000 USD100 USD 1000 Mini Contract Loco London Gold USD 100 USD 10 USD 100 Loco London Silver USD 100 USD 10 USD 100 *per contract ** One buying & One selling positions (Taiwan excepted)