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mt4 Iphone Usermanual PDF

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0% found this document useful (0 votes)
82 views21 pages

mt4 Iphone Usermanual PDF

Uploaded by

Paklong Azham
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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®

MetaTrader 4 for iPhone


Guide

Forex trading involves substantial risk of loss and is not suitable for all investors.

Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other
countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.
Logging in
When you have first downloaded and installed the app from the App Store ℠, 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 other login credentials then 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

Forex trading involves substantial risk of loss and is not suitable for all investors.

Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other
countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.
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 see another screen where
you will be choosing your server (as seen on
the right). Please be sure to choose the
“FXSolutions Demo Server” by FX Solutions,
LLC by tapping on it once.

Once you have tapped the FX Solutions


server, you will be brought to a page where
you can put in your entire 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.

Forex trading involves substantial risk of loss and is not suitable for all investors.

Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other
countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.
Quotes
You are immediately taken to the quotes section of the platform. Here you will see just a few
currency pairs that are defaulted to come up. You can add more currency pairs by going to the
button in the top left corner of the page. You will then be on a page that says “Add Symbol”
at the top of it and one choice to pick: “Forex-Foreign Exchange.” Please select this choice.

Forex trading involves substantial risk of loss and is not suitable for all investors.

Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other
countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.
On the next page you will see every currency pair offered by FX Solutions that are available on
the mobile platform.

For each currency listed you will see a blue arrow ( ) on the right and a green “+” ( ) on the
left. If you tap , it will give you all of the details of the particular currency pair in question such
as the spread and the stop level.

If you tap on , it will add that currency pair to the quote page and allow you to trade it and pull
up a chart for that currency pair. Once you have hit , the currency pair will be removed from
the list. Once you have selected the currency pairs you want to add, please tap on the blue
“Add Symbol” button in the top left hand corner of this page. Then, to go back to the Quotes
section please hit the “Quotes” button in the top left hand corner of the page again. You will
now be brought back to the quotes section of the platform.

At the top of this box (to the left of the cross previously mentioned), you will see 3 buttons;
simple, advanced and edit. “Simple” and “Advanced” are two different ways to view the quote
screen.

Forex trading involves substantial risk of loss and is not suitable for all investors.

Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other
countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.
The “Advanced” section shows the last two
numbers of the price in larger font and
highlighted to make it easier for you to see
that part of the price.

The “Simple version keeps the entire price in


the same font and size. It is up to you which
version you use.

The “Edit” button allows you to switch the


order in which the currencies appear on the
quote screen.

Forex trading involves substantial risk of loss and is not suitable for all investors.

Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other
countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.
If you double tap on any one of the currency
pairs from this screen, a pop up box will
appear with 4 choices for you; “Trade”,
“Chart”, “Details” and “Cancel.” Refer to
image on the right.

If you hit “Cancel,” you return to the previous


screen and the pop up disappears. “Details”
is the same as the from the other screen
in the way that it will show you all the
parameters of the currency pair you have
selected. By tapping “Chart,” you will bring
up a chart for the selected currency pair. A
tap on the “Trade” button will open you up a
trade box for the currency pair selected. We
will discuss these more in depth later.

Forex trading involves substantial risk of loss and is not suitable for all investors.

Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other
countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.
Chart
The chart area of the mobile platform will always show the current currency pair you have
selected.

You can switch the periodicity of the chart area by simply tapping the timeframe you want at the
top of the page. For example, if you want a 1 minute tick chart, you would select “M1” button.
“M5” stands for a five minute timeframe, “H1” for a one hour, and “D1” for one day, etc.

Forex trading involves substantial risk of loss and is not suitable for all investors.

Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other
countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.
If you tap on the chart itself it will bring up a
pop up box with three options. “Trade,
“Indicators”, and “Cancel.”

If you select “Indicators,” you will be taken to


the “Indicators” section of the platform.

This is where you can place or remove


indicators from the chart itself.

The “Main Window” area of the page relates


to the actual price movement section of the
chart. “Indicator Window” 1 and 2 are simply
indicator areas where you can place
indicators that do not depend on price values
for their data. For instance, Bollinger Bands
would show in the main window, while a
relative strength indicator would show in one
of the supplemental windows. Add an
indicator to any of these areas by tapping the
blue “+” ( ) to the left of the area’s
description.

Forex trading involves substantial risk of loss and is not suitable for all investors.

Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other
countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.
The image below shows how the “Adding Once you select an indicator, you are able to
Indicator” window would appear on your change the properties of the indicator in the
Apple device. window. If you hit “Done,” you will go back to
the chart. If you hit “Add Indicator,” you will
add another indicator to your chart.

You can also change the properties of any indicator by simply clicking on the indicator itself
under the area that you want it in. After the properties box (as seen below) has come up and
you have changed the box to your liking, there are two boxes at the top of the screen;
“Indicators” and “Done.” Tapping “Done” will bring you back to the chart, while tapping
“Indicators” will bring you back to the previous screen.

Forex trading involves substantial risk of loss and is not suitable for all investors.

Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other
countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.
To remove these indicators, hit the “Edit”
button; this will turn all of the ’s into ’s (as
shown to the right). If you tap on you will
be taking that indicator of the chart. When you
are done taking whatever indicators you want
off the chart, select the “Done” button at the
top of the screen and you will have changed
the back to .

If we go back to the chart and tap it again to bring up the pop up box, and then select the
“Trade” button, we are brought to a screen that has two columns in it, with a volume box on top
of it. If you notice there is a gray bar that lies horizontally across the two columns.

To place a trade please match the currency


pair you want to trade with the type of order
you want to place. For example, if you want
to place a buy limit order on the EURUSD,
then you would make sure that both EURUSD
and Buy Limit were both placed in the gray
bar. You move each column vertically, by
holding your finger on the screen and moving
it in an up and down fashion until you have
scrolled the columns to the selected points
you want. You will find that as you change
the currency pair it changes on the top of the
page itself.

Forex trading involves substantial risk of loss and is not suitable for all investors.

Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other
countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.
The second column shows us the five different types of orders you can place.

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. Buy Stop: A pending order to execute a buy
position with an entry price above the current
market price.
4. Sell Stop: A pending order to execute a sell
position with an entry price below the current
market price.
5. Sell Limit: A pending order to execute a sell
position with an entry price above the current
market price.

Once you have the correct match, please select the volume of the order you want to place in the
area above the two columns. This is done by either tapping on the arrow buttons or by clicking
on the number itself and in the keyboard that pops up manually typing in the volume yourself.

The or buttons will raise or lower the volume being traded by one mini lot (10,000 units of
currency) per tap. Meanwhile the and buttons will raise or lower the volume by one
micro lot (1,000) units of currency.

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
(anyone 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.

Forex trading involves substantial risk of loss and is not suitable for all investors.

Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other
countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.
You will then see the spot bid and ask price for the currency you have selected. Beneath the
spot prices, you see the parameters box for your trade. From the top down you have “Place,”
“Stop Loss,” “Take Profit,” and “Expiration.” The “Place” 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.

To navigate between the “Stop Loss” and “Take Profit” areas once the key board is up just tap
on the “Previous” or “Next” tabs. To move your price up or down by one pip tap the “+” or “-“
buttons. Once you have completed setting the prices hit the ‘Done” button located on the
keyboard.

Forex trading involves substantial risk of loss and is not suitable for all investors.

Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other
countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.
You can also apply an Expiration for any pending order that you place. You can do this by
tapping on the “Expiration” section and using the 4 columns to set the date correctly in the gray
bar going across all 4 columns. The idea is the same as setting up your order previously. 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.

Forex trading involves substantial risk of loss and is not suitable for all investors.

Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other
countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.
The “Deviation” area allows you to set your maximum deviation for the trade. 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.

Forex trading involves substantial risk of loss and is not suitable for all investors.

Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other
countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.
Trade
If you tap on the “Trade” tab of the platform you will see all of your open orders along with your
pending orders and all of the details f 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 = The amount of funds required to keep open the positions you currently have
open.
5. Free Margin= The amount of equity you still have left to open up positions with before
you receive a margin call.
6. 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.

Forex trading involves substantial risk of loss and is not suitable for all investors.

Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other
countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.
Below the parameters of your account you will see your “Positions.” These are all of your
open positions in your account. In each position you will see the currency pair you are
trading, the volume, your entry price, the spot price for the pair, and your profit or loss for the
position. You can tap on any one of these positions and box will appear below it showing
you all of the details of that 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 never 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.

Forex trading involves substantial risk of loss and is not suitable for all investors.

Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other
countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.
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,”, Modify,” Trade,” “Chart” or
cancel.

1. Close = Brings you to an area where you can close your order or modify the stop
loss or take profit.
2. Modify = Much like the close function only you can only modify your stop loss or take
profit.
3. Trade = Brings you back to the trade tab to place a new order.
4. Chart = Brings you to the chart for the currency pair you are trading.
5. Cance l= Closes the pop up box.

Forex trading involves substantial risk of loss and is not suitable for all investors.

Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other
countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.
History
The “History” tab enables you to view your trading history.

At the top, there is an area where you can select either “Day,” “Week,” “Month” or “Custom”.
This is the time period in which you are selecting to see your history for. If you select the “Day”
button, you will see any trades that were closed out for the day and any profit or loss as well as
the details of each traded placed. If you select “Month,”, it will be a whole month’s worth of
history that will come up. The same is true for the “Week” button.

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.

Simple enter the dates into the field at the top To view your trades by instrument, enter the
of the screen. symbol (i.e., EURUSD) into the search box.

Forex trading involves substantial risk of loss and is not suitable for all investors.

Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other
countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.
Settings
Finally, we have the “Settings” tab, which allows you to adjust various parameters of the
MetaTrader 4 for iPhone app.

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.

Forex trading involves substantial risk of loss and is not suitable for all investors.

Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other
countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.
If you click on “Charts,” you will be able to customize what you see on the chart. Toggle
“Volume” and “Trade Levels” on and off, depending on your preferences. When 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.

If you click on “Journal,” you can view logs of MetaTrader 4 for iPhone. The journal shows you
records of actions done from within the application.

Forex trading involves substantial risk of loss and is not suitable for all investors.

Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other
countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.

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