My broker has tweaked the metatrader 4 that it offers so that it is configured to its settings and when I downloaded it, I found that it does not show candlesticks properly. candlesticks look like bar charts and one cannot really read them. Should I ditch it and look for another broker’s platform?
Yes, you should do that. There could be other brokers that offers good platforms that comes with all free tools without issues. Just find another broker and check their mt4. I use Forexchief broker, there is no such issue with my mt4 platform.
Have you tried to change the chart setting? Despite the lack of modernization, MetaTrader 4 is still a widely used platform. If your MT4 is installed on desktop, all you need is to click Charts in the menu and to choose Candlesticks instead of Bar Chart.
I choose candlesticks. That is alt+2. I choose it several times but it is not showing the candlesticks rather just the bar chart. I wonder what went wrong.
Difficult to say but you can try another way. Install the original MT4 without any Broker’s settings from MetaTrader 4 Platform for Forex Trading and Technical Analysis and then add your Broker’s account to it: File - Open an Account - Type your Broker Name - Scan - Next - Existing trade account - enter your login details. If it again turns to bar chart only, yes, it’s the particular Broker’s settings issue then.
Whichever MT4 broker you choose you’ll be using the same MT4 platform to trade on. Charts remain an important component of trading because they enable traders to perform technical analyses.
MT4 now has a web-based version that runs directly in your Internet browser, preventing you from having to download and run the desktop client.
To use the web-based version of MT4, all you need is the URL that connects to your broker’s MT4 server. This enables you to trade from virtually anywhere that has an Internet connection without the burden of carrying around a physical computer with the desktop client installed. The browser-based version also support display on smartphones and tablet devices with Internet access.
The web-based mt4 is not as effective as the software itself. Have you not noticed the difference when it comes to installing indicators?
Yeah, try to make same steps for setting candlesticks in different platforms like Hotforex, Tickmill or Exness, according to my observations their platforms work flawlessly.