Apologies if this is a stupid question. I have been trading for some years, and have always used eSignal for my charting software. I love it, very intuitive etc.
However so many people talk about MT4/5 that I feel as though I ought at least to know what it looks like, how it works. So I looked for a free download of the MT4 software and Google just confused the heck out of me.
Would anyone be so kind as to point me in the direction either of an idiot’s guide to downloading and running MT4, or even to a reliable source for such a download. I think from what I read that MT4 is free, so I figure I ought to know what all the fuss is about (not least because I deal with other traders who use it).
Depends what you want. If you want the tablet or phone version, get it from your app store. If you want it for mac or pc, get it from your broker (or whatever broker you want to open a demo account with).
Thank you both for the replies. I had thought that there would be a direct download available, so I could just have MT4 as a standalone on my desktop. I think that I can get it via my broker (ETX Capital), but they seem to charge for it, which is slightly missing the point.
Lol you might be right. I have been with them for eight years but they seem only to offer MT4 bundled with other products and then charge for it. Shame as I have been happy with them otherwise, but I could do with learning MT4.
Yes I was surprised that they charged, I have been with them for years and they have always been excellent. I guess they ultimately don’t want me using it with their system! As I say, I have eSignal and am very happy with it, but as so many other traders use MT4 I thought I ought to see what it was about and familiarise myself with it.
The download looks great, thank you so much for that, it looks to be exactly what I was after - although I always find it oddly daunting configuring a new system when used to something else!
No problem with it not being optimised for ETX - I set up eSignal myself, which was similarly detached from the ETX system. I just need some charts, am happy to make them look how I want them to look and then place my trades with the broker.
give me a yell if you want to know how to configure the charts
and ONCE YOU HAVE THAT DONE
Save your PROFILES
and
Save your TEMPLATES
after getting one chart the way you want it ,
Save that chart with all the indicators you want on it, AS A TEMPLATE
right click and
TEMPLATE
SAVE AS
give it a name
from that point on
you open a new chart and select
TEMPLATE
and you pick an existing one and voila, it’s all there in a flash
get as many charts up as you want and resize the windows as you like them
then
Save that as a PROFILE
It is worth noting that brokers with proprietary platforms sometimes charge higher spreads for MT4. This is why I didn’t end up using Markets.com; they may not have charged me to download MT4, but they were certainly going to charge me for using it.
You’re Welcome
it saves hours especially if you are setting up correlating charts after MT-4 Crashd for some reason or you have to reformat your computer
