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MT4 iOS - FXVIEW · 2021. 4. 30. · Objects- lines, channels, GANN, Fibanacci, Elliot, and Shapes....

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1 MT4 iOS USER MANUAL
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Page 1: MT4 iOS - FXVIEW · 2021. 4. 30. · Objects- lines, channels, GANN, Fibanacci, Elliot, and Shapes. 5. Chart settings There are 8 options on Chart settings: Chart type, Volumes, ask

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MT4 iOS

USER MANUAL

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INDEX 1. MT4 Installation…………………………………………………………………………………………………………………….. 3 2. Make Demo Account……………………………………………………………………………………………………………… 3 3. Log in to Live Account……………………………………………………………………………………………………………. 4 4. Screen guide

4.1. Price Quotes…………………………………………………………………………………………………………………… 5 4.2. Charts…………………………………………………………………………………………………………………............. 8 4.3. Trade……………………………………………………………………………………………………………………………… 11 4.4. History……………………………………………………………………………………………………………………......... 12 4.5. Settings………………………………………………………………………………………………………………………….. 13

5. How to Place Order 5.1. New Entry Order - Market Order……………………………………………………………………………………. 14 5.2. New Entry - Limit order and Stop order…………………………………………………………………………. 15 5.3. Closing Order - Market Order…………………………………………………………………………………………. 17 5.4. Closing Order - Limit Order and Stop Order……………………………………………………………………. 17 5.5. Modify / Remove executed order

5.5.1. Modify Orders……………………………………………………………………………………………………….. 18 5.5.2. Removing Order…………………………………………………………………………………………………….. 18

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1. MT4 Installation

Search keyword "MetaTrader4" or "mt4" on your App Store, and install MetaTrader4 software which is

published by Meta Quotes Company.

2. Make Demo Account

Run your MT4 apps, and "Open Demo Account" will appear.

Choose Open Demo Account, search using keyword "FxView", and choose FXView-Demo from the

server list.

※If you already have a live account, you can log in from Log In to existing account. Choose FXView-Live

from the server list

Input your Name, Phone Number, e-mail, and set your account preferences. Press Register button if you

have finished it. You will be given Log in ID and password, and your demo account is ready for use. Press

Done button to automatically move to trading screen.

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You can modify each of the settings below to suit your preferences. There are Base Currency, Leverage,

and Equity Margin

3. Log in to live account

Log in to either your live account or demo account by choosing Account on your Settings screen. Next,

choose the server when you want to log in, and tap Log in to existing account on your New Account

screen.

For those who already have an account with us, you can log in by choosing Log in to existing account

which will appear once you run your MT4 apps. Please choose FXView-Live as your trading server

Put in your log in credentials (ID and Password), and tap Sign In on the top right corner of the screen.

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4. Screen Guide

4.1 Price Quotes

You can view current quoted rates for every currency pairs at Price Quotes section. The buttons on top

of the screen allow you to adjust which currency pairs to show, simplify the screen, or to add some more

currency pairs.

Edit button allows you to choose which currency pairs will appear on your screen. Choose currency pairs

that you want to remove from quotes list, and tap icon on the top right to delete.

*You cannot remove currency pairs which are being hold, ordered or shown on the chart at the moment

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Simple Mode: Bid Price and Ask Price for each currency pair will be shown under this mode.

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Advanced Mode: This mode provides more data such as spread, highest and lowest price, and update

time of the quotes

Plus Button (+) allows you to add more currency pairs to current list. Once you tap (+) icon which

appears on the left side of each currency pair, the tapped pair will be shown on your price quotes list.

By tapping on the currency quote, a pop-up box will appear, and you can choose view the chart and

details of currency you have selected.

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4.2 Charts

Section "Chart" shows you chart of currency pair you have selected. IPhone MT4 apps provides 3 types

of chart: candle, bar, and line. You can also view the indicator for each type of chart.

1. Chart's periodicity- 1 minute, 5 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours, 1 day

2. Crosshair- Shows time (vertical axis), rate (horizontal axis), and indicator (data window) of

current price quotes

3. Indicator Settings- Add indicator to current chart and property settings

4. Objects- lines, channels, GANN, Fibanacci, Elliot, and Shapes.

5.

Chart settings

There are 8 options on Chart settings: Chart type, Volumes, ask price line, period separators, trade

levels, OHLC, data window and colors.

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OHLC: displays 4 price bars on the chart O: Opening price H: Highest price L: Lowest price C: Closing price

Data Window: shows data windows on the chart (data displayed is indicator rate which has been applied

into the chart)

Indicator Settings and Removal

IPhone MT4 provides 30 kinds of indicators, all of them can be shown into charts. Main window shows

chart related to price movement. On the Indicator window 1, once you have done adjusting parameter

values, tap finish, and the indicator will be added into the chart.

1. On the chart screen, tap (f) button (indicator settings)

2. Tap on indicator window, a screen which displays all indicators available will appear

3. Choose the indicator you want to display from the list

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4. Once you have selected the indicators, settings screen will appear. After you have done

adjusting the parameters, tap finish and the indicator will be shown on your chart

You can change indicator properties by tapping "Indicator" once more. If you tap Add Indicator again,

you can add another indicator from the list

Removing Indicator

Once you tap Edit button, the (+) will change into (-) button. Tap (-) if you want to remove the indicator.

After you have done editing, tap Done button to go back to your previous screen

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4.3 Trade

Trade displays information related to your trading, such as account information, positions being held,

orders, etc

Profit --Amount of money you have gained or lost from the orders that have been executed. It is

displayed in your base currency

Balance--Your current account balance {marked to market}

Equity---- Balance + Overall profit/loss

Margin---amount of money needed to maintain your current position

Free margin--- Equity – Margin

Margin level (%) ---Equity / Margin x 100

Position---shows all positions you are currently holding

Order---Shows all orders that have been executed

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4.4 History

History shows your trading history, deposit and withdrawal, realized profit and loss, etc

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4.5 Settings

You can switch account; adjust chart settings, chat and messages, read news and trading journals via

Settings section.

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5. How to Place Order

You can order transaction from price quotes screen, or chart screen.

1. Via price quotes screen Tap the currency pair you want to buy/sell, select Trade, then you will

move to Order screen

2. Via Chart screen Tap on the chart screen of the currency pair, select Trade, and you will move to

Order screen

5.1 New Entry Order - Market Order

1. At the Order screen, choose your preferred trade volume, execution method (instant execution

or limit order) then select,

Trade Volume: 0.01 lot = 1,000 0.1 lot = 10,000 1 lot = 100,000

2. Choose instant execution if you want to make a buy order, select buy. If you want to sell then,

select sell.

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3. Tap Done, and then order execution screen will close

5.2 New Entry - Limit order and Stop order

1. At the Order screen, choose your preferred trade volume, execution method (instant execution

or limit order), and then select,

Trade Volume: 0.01 lot = 1,000 0.1 lot = 10,000 1 lot = 100,000

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2. Choose between Buy/sell limit and buy/sell Stop order, and enter the rate at which you want

the order to be executed

-If you set Stop order and Limit order at the same time, enter stop price at "Stop loss" (closing stop

order), and enter limit price at "Take Profit" (Closing Limit order).

-You can also set expiration date for the order, by entering the date to "Expiration" column (If you leave

the column blank, the order will be active until you cancel it)

3. After you have entered all the necessary columns, tap "Place" button

-The same procedure also applies to sell limit order, Buy stop order, and Sell stop order

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5.3 Closing Order - Market Order

1. At Trade screen, long press the order you want to close, and select Close button

-Modify is for adjusting settings or modifying Stop order/Limit order which you have made against your

current position. Trade is for placing another new entry order; Chart is for viewing chart of currency

pairs.

2. Enter the rate at which you want the order to be closed, and tap Close button. Once the order is

successfully executed, you can confirm the order ID, executed rate, etc.

5.4 Closing Order - Limit Order and Stop Order

1. At Trade screen, tap the position which has been executed, detailed information regarding the

position will appear. Long press the detailed information, a pop-up window will appear and

select Modify

2. Input stop price at Stop loss column, and input limit price at Take Profit column. Verify the rate

you have entered, tap Modify Order button and your order is sent. Tap Done to close the

window.

-The same procedure applies to Stop order and Limit order modification

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5.5 Modify / Remove executed order

5.5.1 Modify order

At Trade screen, long press the order you want to modify, and choose "Modify ".Enter your desired rate,

stop loss, take profit, or expiration, and tap "Modify " button.

5.5.2 Removing order

At the Trade screen, long press on the order you want to remove.

Tap Delete, tap Delete once again when confirmation screen appears.

At the Trade screen Confirm that the corresponding order has been removed


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