MetaTrader 4 for
AndroidTM User
Guide Android is a trademark of Google, Inc.
Contents Log in
Menu
Quotes
Chart
Place an order
Trade
History
Accounts
Settings
Log in
Upon downloading and installing MetaTrader 4 for AndroidTM from website
NatureForex, you will see the Metatrader 4 icon appear on your screen.
Please select this icon by tapping on it. Once open, you will be brought to the main login
screen and given two options.
1) The first option is to log into an existing account. YOU SHOULD ALWAYS CHOOSE THIS OPTION. Your login credentials have already been sent to your email. Please do not use any login credentials other than the ones that have been sent to you by FX Solutions. 2) The second option is to create a new demo account. PLEASE DO NOT USE THIS
OPTION TO CREATE A DEMO ACCOUNT. If you sign up for a demo account directly
from the mobile platform, you will not receive FX Solutions‘ pricing, leverage, or
available currency pairs. It will not be a FX Solutions demo account, but rather a generic
overview of MetaTrader 4 for the iPhone. Please be aware of this when signing into
the platform
Once you have selected ―Log into an existing account,‖ you will be taken to a screen where you can choose your server (as seen on the right). Upon your first time logging in, please be sure to enter ―FXSolutions-Demo Server‖ in the search box when looking for FX Solutions, LLC. Once located, select by tapping on it once
Once you have tapped the NatureForex server, you will be brought to a page where you can put in your login credentials (as seen on the left). Please be sure to use the same credentials that were sent to your email (the same login and password you would use for your MT4 on your PC). You will notice at the bottom of the page, you will see ―Save password‖ and a bar next to it that allows you to turn this function on or off. If this function is on, then you will be automatically logged in to your account when you first tap on the main icon. If this function is off, then you will have to input your login and password every time you want to login to your account. You should consider having this function disabled if logging into multiple accounts, or if there are multiple people using the same device.
Menu At any point, you can hit the menu button on your phone and you will be taken to a
screen with 5 options.
New Order – Lets you place a new trade order. Symbols – Lets you add an instrument to your quotes list. From here, you can also change the order of the currency pairs as they appear on your Quotes list. Accounts – This screen simply displays all your accounts that have been accessed via the mobile platform. Settings – Allows you to change certain aspects of your MetaTrader 4 for Android, such as how your quotes are displayed and chart properties. Please see Settings section. About – This option simply tells you about the MetaTrader 4 for Android version that
you are currently running.
We will expand on some of these functions more in detail later on.
Quotes Upon logging in, the Quotes tab will be the first screen you see upon logging in. Here
you will see just a few of FX Solutions‘ offered currency pairs that are defaulted to come
up.
You can edit your ―Quotes‖ list by going to the menu button your phone and selecting
Symbols button
This will take you a screen that displays all the symbols you are currently displaying on
your ―Quotes‖ chart. For each currency listed you will see a double arrow ( ), you can
hold on to this and drag the currency pair around to arrange the order it is displayed on
your ―Quotes‖ chart
From this screen, you can also hit the button to add more currency pairs to your
―Quotes‖ list. Once you do so, you will be taken to an ―Add Symbol‖ at the top of it.
There is just one choice to choose from: ―Forex-Foreign Exchange.‖ Please select this
choice. On the next page you will see every currency pair offered by FX Solutions
available on the mobile platform
If you tap on any currency pair, it will be added to the ―Quotes‖ page.
From the ―Quotes‖ screen, you can also click on any instrument to place a trade, display
a chart, or view currency pair properties. If you tap on any one of the currency pairs
from this screen, a pop up box will appear with 3 choices for you; ―New Order‖, ―Chart‖,
―Properties.‖
Hitting New Order will enable you to place a trade for the specific currency pair you‘ve selected. Selecting Chart will allow you to see the chart of the specified currency pair.
Chart properties allows you to see various specifications for a specified currency pair: spread, digits, stop levels, pendings are good till canceled, contract size, tick size, tick value, profit calculation mode, margin calculation, initial margin, margin hedge. You can view an image of the Chart Properties window to the left
Chart The chart area of the mobile platform will always show the current currency pair you
have selected. You can change the currency pair that is displayed by hitting the
button at the bottom left of the screen.
The button allows you to switch timeframes for your chart. For example, if you want
a 1 minute tick chart, you would select ―M.‖ ―M5‖ stands for a five minute timeframe, ―H1‖
for a one hour, and ―D1‖ for one day, etc.
The button allows you to choose the type of chart that is displayed: bar chart, candlestick, or line chart.
The button on the far right allows you to refresh your chart.
Placing a Trade You can place a trade either by hitting menu on your phone and then selecting the New
Order option (this opens up the Trade window for whichever currency pair you are
displaying a chart for), or by clicking on the instrument you want to place a trade for via
the Quotes screen.
Option 1:
Option 2:
Upon choosing New Order, you will be taken to the screen for placing a trade. From here you can choose the volume, instrument, and type of order. Please select the volume for your trade. This is done by either tapping on the arrow buttons, or by clicking on the number itself and manually inputting the volume yourself. The arrows next to the volume entry box will enable you to raise or lower the volume by one micro lot (1,000 units) of currency. Then you may select the currency pair you wish to place a trade for
After you have done so, you can choose from 5 order types. Please note: The default
order type will be Instant Execution.
1. Instant Execution: A buy or sell order that is executed at the market price. 2. Buy limit: A pending order to execute a buy position with an entry price below the current market price. 3. Sell Limit: A pending order to execute a sell position with an entry price above the current market price. 4. Buy Stop: A pending order to execute a buy position with an entry price above the current market price. 5. Sell Stop: A pending order to execute a sell position with an entry price below the current market price
Once you have the parameters of your trade set, hit the ―Next‖ button in the top right
hand corner of the platform. If you have selected one of the four pending orders that are
there (any one of them besides Instant Execution), the next page that you see will have
the currency you are trading at the top of the screen, with the type of order you are
placing and the volume of that order right below it..
You will then see the spot bid and ask price for the currency you have selected.
Beneath the spot prices, you‘ll see the parameters box for your trade. From the top
down you have ―Price,‖ ―Stop Loss,‖ ―Take Profit,‖ and ―Expiration.‖ The ―Price‖ section
is the price at which you want your pending order to execute. It is your entry price.
Please remember that whether your entry price goes above or below the spot price
depends on the particular pending order you have selected. When you tap on the ―Place‖
section, a keyboard pops up for you to manually input the price at which you want your
order to execute.
This same idea is held true for your ―Stop Loss‖ and ―Take Profit‖ sections as well.
Simply tap on the area and a keyboard appears. Here you can enter your ―Stop Loss‖
and ―Take Profit‖ areas once the key board is up just tap on the ―Previous‖ or ―Next‖
tabs. Once you have completed setting the prices hit the ‗Done‖ button located on the
keyboard. Please see below..
From this screen, you also apply an Expiration for any pending order that you place.
This is defaulted to GTC (Good til Canceled), but you can also set your parameters for
your expiration.
Once all of your parameters are set, please hit the ―Place‖ button and your order will be
placed.
If you place an ―Instant Execution‖ order instead of a ―Pending order,‖ you are placing
an order to be executed at the market price and when you hit next the page what you
see may be slightly different. While you will not see a ―Place‖ area (as your entry price is
the spot price), you will still see the ―Stop Loss‖ and ―Take Profit‖ fields. They function
the same here as they would when you are placing a pending order. Simply tap the area
and manually input your stop loss and take profit..
From this window, you will be able to specify your Deviation as well. The ―Deviation‖ area allows you to set your maximum deviation for the trade, allowing you to control the degree of slippage you are comfortable with by using when placing a market order. Again, you simply tap on the area and set how many pips you would allow your order to deviate from your selected price (in your favor or against you) before you simply do not want the order to execute at all.
At the bottom of this page, you see a red ―Sell‖ button and a blue ―Buy‖ button. Once
you tap on one of those buttons, your order will be executed. Instantly you will see the
details of your order pop up in the top of the page along with the price you entered the
market at. Please hit ―Done‖ to go back to the chart tab, or ―Back ―to place another order.
Trade From the ―Trade‖ tab of the platform, you will see all of your open orders along with your
pending orders and all of the details of your account. You should see the following
details of your account as long as you have an open position:
1. Profit = The amount of money you have made or lost in your account based upon your open positions. If you are losing money this number will show as a negative red number. 2. Balance = The total amount of money in your account. This number does not account for any unrealized profit or losses. 3. Equity = Your balance plus your unrealized profit or loss. 4. Margin Level = Shows the relationship between your margin and your equity. When you margin drops down to your equity; liquidation occurs and you are closed out of all open positions and all of your pending orders are canceled. If your margin level hits 100%, which means your equity has dropped down to your margin requirement, a margin call will occur. 5. Margin = The amount of funds required to keep open the positions you currently have open. 6. Free Margin= The amount of equity you still have left to open up positions with
before you receive a margin call
Below the parameters of your account you will see your ―Positions.‖ These are all of
your open positions in your account.
When you tap a position, you will be able to see more detailed information of a
particular trade including stop loss and take profit price, the date and time of execution,
the ID number for the trade, along with any other additional charges such as swap,
taxes or charges for the position. Please note you should not see any charges from FX
Solutions in this area.
Below ―Positions,‖ if you have any pending orders, they will be shown under the ―Orders‖
section of the page. There you will see the currency pair, what type of pending order it is,
the volume, the entry price, and then the current spot price of the position to see how
close your order is to being executed. As it is with open positions, you can also tap the
order for the pending position and get a box detailing the parameters of the order. This
box is the same as the box for open orders except instead of showing ―swap, taxes and
charges‖, it shows ―Price, Date and Time.‖ The price is the current spot price, the date is
there only if your put an expiry on the order, and the time is also related to any
expiration on the order.
If you would like to edit any of the orders on the ―Trade‖ tab, then simply highlight the
order once by clicking on it, and then hold your finger against it for about one second.
This will bring up a pop up box that will show you options to Close order, New order, or
Modify order.
1. Close = Brings you to an area where you can close your order or modify the stop loss
or take profit.
2. New Order = Brings you back to the trade tab to place a new order. 3. Modify Order = Much like the close function only you can only modify your stop loss
or take profit.
History The ―History‖ tab enables you to view your trading history.
If you hit the on the right, you will be able to choose the time period for your history
report. Choose from: Today, Last week, Last month, Last 3 months, or Custom. Custom
enables you to select the time period of your choice
The ―Custom‖ button allows you to view your trade history for a specified time frame, as well as all your trades for a select instrument.
To view your trades by instrument, enter the symbol (i.e., EURUSD) into the search box. This will display all your closed trades for the instrument selected.
Accounts From the ―Accounts‖ section, you can see every account that is used for the connection.
Hitting the at the top right will bring you back to the login screen, where you can connect using a different account. To delete an account, swipe your finger from right to left on the account and a red ―Delete‖ button will pop up. The number of the currently connected account is show at the top of the window. Below
connection parameters are shown
Traffic — amount of incoming and outgoing traffic for the current session Server — the name of the server, to which the mobile terminal is currently connected Access point — the name of the access point, through which the terminal is currently connected to a server
Settings Finally, we have the ―Settings‖ option which you can access from hitting the menu
button on your phone and choosing . This allows you to adjust various parameters of MetaTrader 4 for Android. From here,
you will be able to customize how your quotes and charts are displayed
The first option is Advanced mode. The ―Quotes‖ page can be displayed in an Advanced
mode or the default simple mode. In the Advance mode, quotes are shown with spreads,
time data, and High and Low prices.
Default quotes display
Advanced mode
If you click on ―Charts,‖ you will be able to customize what you see on the chart. From
here, you can change the type of chart you‘re displaying. Check ―Show volumes‖ and
―Show trade levels‖ depending on your preferences. When ―Show trade levels‖ is
enabled, all positions and pending orders of a symbol are shown on the symbol chart.
Trade operations are displayed as lines with signatures at the level of the price, at which
they were executed..