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MT4 Guide Mobile App - SEY

The MT4 Mobile Guide for Android provides detailed instructions on using the MT4 app, including logging in, managing quotes, and trading functionalities. It covers various features such as adding and removing symbols, customizing charts, and executing orders. The guide emphasizes the high risks involved in trading and serves as a comprehensive resource for users navigating the mobile platform.

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ludicksizwe1
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0% found this document useful (0 votes)
15 views36 pages

MT4 Guide Mobile App - SEY

The MT4 Mobile Guide for Android provides detailed instructions on using the MT4 app, including logging in, managing quotes, and trading functionalities. It covers various features such as adding and removing symbols, customizing charts, and executing orders. The guide emphasizes the high risks involved in trading and serves as a comprehensive resource for users navigating the mobile platform.

Uploaded by

ludicksizwe1
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
You are on page 1/ 36

MT4 Mobile Guide

Android

July 2021

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 1
Index Page

• Login 04

• Menu 05
• Quotes Screen 06-07

• Add Symbols 08

• Grey Symbols 09

• Rearrange Symbols 10

• Remove Symbols 11

• Symbol Properties 12

• Open Chart 13

• Chart Types 14

• Chart Toolbar 15

• Chart Screen 16

• Chart Circle Menu 17

• Add and Adjust Technical Indicators 18

• Add More Technical Indicators 19

• Delete Technical Indicators 20

• Add Objects 21

• Adjust Objects 22

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 2
Index Page

• Delete Objects 23

• Ask Line 24
• S/L and T/P Lines 25

• Customize Colors 26

• New Order 27

• Invalid S/L or T/P 28-29

• Pending Order 30

• Trade Screen 31

• Modify Order 32

• Partial Close 33

• Close Order 34

• Trade History 35

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 3
Login
• On the MT4 app, tap on > ‘New Account’ > ‘Login to an Existing Account’ and then
search or type the company or server name.

• You should then enter your Live/Demo account ID in ‘Login’ and the Password
you used to register your BDSwiss account. Tap ‘Sign In’ and your account will be
ready to use.

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 4
Menu

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 5
Quotes Screen
Tap on ‘Quotes’ on the side Menu or on the button at the bottom of the screen ->
to display the Quotes Screen.

You can choose to see the quotes on ‘Simple view mode’ or ‘Advanced view mode’.

• ‘Simple view mode’ – only shows the currency pair, BID and ASK quotes:

• ‘Advanced view mode’ – shows additional information such as time data, spreads
and highest and lowest price:

Note: By default the currency pairs (symbols) are arranged


alphabetically in the Quotes Screen

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 6
In order to select your preferred mode you can:

A. Tap on the 3 horizontal lines on the top-left corner, or swipe from left to
right, to open the side Menu, then, go to ‘Settings’ > ‘Quotes’ > Tick or
untick the ‘Advanced mode’ box

B. Or, tap on the Quotes screen and then tap on ‘Simple view mode’ or
‘Advanced view mode’

A. B.

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 7
Add Symbols
On the Quotes Screen tap on the top-right corner > tap on the folder of the symbol
you want to add and then tap on the Symbol(s) you wish to add to your Quotes Screen.

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 8
Grey Symbols
If you are unable to trade on the MT4 mobile platform because the symbols are
grayed out:

1. On the Quotes Screen tap on the icon on the top-right corner

2. Select the account type and then tap on each Symbol you wish to add:

VIP
RAW

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 9
Rearrange Symbols
To rearrange Symbols, on the Quotes Screen, tap on the top-right corner to access
the Symbols List

• On the Symbols List, simply drag the Symbol to your preferred position

• Go back to your Quotes Screen to see the new symbol positions

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 10
Remove Symbols
On the Quotes Screen tap on the on the top-right corner > then, on the new
window, tap on the ‘bin’ icon on the top-right corner > tick the box of the symbol(s)
you wish to remove from the quotes screen > tap on the ‘bin’ again to confirm.

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 11
Symbol Properties
On the Quotes screen tap on
the desired symbol, then tap on
‘Symbol Properties’ and more
information about the symbol will
be shown.

The main parameters are the


following:

Spread – difference between Bid


and Ask prices;

Digits – the amount of digits


after decimal point in the price
representation;

Stops level – minimum distance to


the current price in points at which
Stop Loss and Take Profit orders
can be placed;

Contract size – one-lot price in


deposit currency;

Swap type – rollover calculation


type (in points or in percentage);

Swap long/short – rollover size for


a long/short position.

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 12
Open Chart
In order to Open a chart on the MT4 Mobile App, tap on the desired symbol on the
Quotes screen and then tap on ‘Open chart’, or tap on the button at the bottom of the
screen ->

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 13
Chart Types
To adjust your display settings for the Charts, you need to tap on the 3 horizontal
lines on the top-left corner, or swipe from left to right, to open the side Menu.

• Then, go to ‘Settings’, scroll down to ‘Charts’ and tap on ‘Line type’ > You will then
be able to choose between a Bar chart, Candlestick and a Line chart.

Bar chart

Candlestick Line chart

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 14
Chart Toolbar
1 2 3 4 5

1. Crosshair – add and remove (easily view


the date, price and indicator value at any
selected point)

2. Indicators – add and delete indicators

3. Symbol – view a chart for another symbol

4. Timeframe – select the time period

5. New order – open a new trade

M1: 1 min
M5: 5 min
M15: 15 min
M30: 30 min
H1: 1 hour
H4: 4 hour
D1: 1 day (24 hours)
W1: 1 week
MN: 1 month

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 15
Chart Screen
• To scroll through a chart, drag your finger left or right.

• Zooming can be done by moving your fingers vertically (zoom in) or horizontally
(zoom out).

• To view the chart on a landscape / full screen mode, simply rotate your
smartphone (auto rotate needs to be enabled on your phone).

• On landscape mode, tap on the screen to show the side menus

New order
Indicators
Objects

Crosshair
Timeframes

Chart Types

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 16
Chart Circle Menu
Tap on the Chart screen to see the ‘Circle Menu’.

In this Menu you will be able to change the Time Frame, Add / Delete Indicators, add a
Crosshair and also Add / Delete Objects on the chart by tapping on the corresponding
icons.

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 17
Add and Adjust
Technical Indicators
To add Indicators on the Chart screen, tap the icon.

• On the Indicators List tap on the Indicator that you want to add.
-You can add: Trend, Oscillators, Volumes and Bill Williams Indicators (scroll down
to see them all).

• A new window will open where you can adjust your parameters and once you
have finished tap ‘Done’.

Set to default
for all new charts

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 18
Add More Technical Indicators
To add more Indicators on the Chart Screen, tap the icon.

• On the Indicators Screen, tap on to open the Indicators List.


-You will be able to add more Indicators on the Main Chart or on the Indicator
window below.

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 19
Delete Technical Indicators
To delete Indicators, on the Chart Screen tap the icon > then, on the new window,
tap on the ‘bin’ icon on the top-right corner > tick the box of the indicator(s) you wish to
delete > tap on the ‘bin’ again to confirm.

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 20
Add Objects
To add Objects on the Chart Screen, tap on the icon on the Circle Menu or on the
right-hand side menu on the landscape mode.

• On the Objects List tap on the Object that you want to add.
- You can add: Lines, Channels, Gann angles, Fibonacci, Elliot waves and Shapes
(scroll down to see them all):

To add more objects


tap and then

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 21
Adjust Objects
You can adjust the parameters of your Object by dragging it on the Chart Screen (1.).

• And/Or by tapping on the icon > then, tap on the desired Object and proceed
with the adjustments. Once you have finished, tap ‘Done’ (2.).

1. 2.

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 22
Delete Objects
To delete Objects on the Chart Screen, tap on the icon on the Circle Menu or on the
right-hand side menu on the landscape mode > then, on the new window, tap on the ‘bin’
icon on the top-right corner > tick the box of the object(s) you wish to remove > tap on
the ‘bin’ again to confirm.

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 23
Ask Line
To add the ASK line on the MT4 Mobile App, you need to tap on the 3 horizontal lines on
the top-left corner, or swipe from left to right, to open the side Menu.

• Then, go to ‘Settings’ > scroll down to ‘Charts’ > Tick the ‘Ask price line’ box.

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 24
S/L and T/P Lines
To see the S/L and T/P Lines on the MT4 Mobile App, you need to tap on the 3
horizontal lines on the top left corner, or swipe from left to right, to open the side Menu.

• Then, go to ‘Settings’ > scroll down to ‘Charts’ > Tick the ‘Show trade levels’ box.

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 25
Customize Colors
In order to Customize the chart colors on the MT4 Mobile App, you need to tap on the 3
horizontal lines on the top-left corner, or swipe from left to right, to open the side Menu.

• Go to ‘Settings’ > scroll down to ‘Charts’ > tap on ‘Colors’ and modify them to your
preferences, then tap on Done to apply the changes.

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 26
New Order
In order to open a trade on the MT4 Mobile App at the Current Market Price:

A. Choose a symbol from the Quotes screen, tap on the desired asset and
then tap on ‘New order’

B. Or, on the chart window, on the top-right corner, tap on the ‘New order’
icon ->

A new window for the Market Execution order will appear, where you can select the
size of the trade (1), optional S/L (2) and T/P (3) and then tap SELL by Market or
BUY by Market button at the bottom of the screen.

A. B.

2 3

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 27
Invalid S/L or T/P
If you are unable to open a trade and you receive the error message Invalid S/L or T/P:

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 28
• Tap on the corresponding symbol on the Quotes screen > ‘Symbol Properties’ >
and check the distance, from the actual price, that the S/L and T/P needs to be
placed on the ‘Stops level’.

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 29
Pending Order
In order to open a trade with a different market price than the current one - Pending order,
tap on the Market Execution and a list of options will drop down.

• Select the desired type of order: Buy Limit, Sell Limit, Buy Stop or Sell Stop, select the
size of the trade, then fill in the open price (higher or lower than the current market
price), the optional SL/TP and then tap Place at the bottom of the screen.

Note: For the Expiration you can leave it as GTC* or change to ‘Specified’ where you will
be able to set your desired expiration date and time for this order.

*GTC (Good ‘til canceled) describes a type of order that remains active until either the order is filled
or the trader cancels it.

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 30
Trade Screen
Tap on ‘Trade’ on the side Menu or on the button at the bottom of the screen ->
to display the Trade Screen.

The Trade screen features the current state of a trade account, as well as current
positions and pending orders.

• Sort your positions by order, time,


symbol or profit, by tapping on the
arrows at the top -> (to reverse
sorting by the selected parameter,
tap on it again)

• To quickly modify or close an order


swipe from right to left on the trade
to open a Command Menu.

-The following commands are


available here:

– Close order / Delete pending order

– Modify order

– Open the Chart of the order

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 31
Modify Order
To Modify an order on the MT4 Mobile App, go to the Trade Screen and, on the
position you want to modify:

A. Swipe from right to left to open the Command Menu and tap

B. Or, tap on the position and then tap on ‘Modify order’

- A new window will open that will allow you to adjust your order.

- When you finish, tap the ‘Modify’ button at the bottom to save your changes.

A. B.

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 32
Partial Close
To Partially Close an order on the MT4 Mobile App, go to the Trade Screen and, on the
order you want to partially close:

A. Swipe from right to left to open the Command Menu and tap

B. Or, tap on the order and then tap on ‘Close order’

- A new window will open and you can then select the Volume you wish to close.

- Confirm by tapping on the bottom ‘Close’ button.

A. B.

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 33
Close Order
To Close a position on the MT4 Mobile App, go to the Trade Screen and, on the order
you want to close:

A. Swipe from right to left to open the Command Menu and tap

B. Or, tap on the order and then tap on ‘Close order’

- A new window will open that will allow you to confirm by tapping on the bottom
‘Close’ button.

A. B.

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 34
History
To check your Trading History on the MT4 Mobile App, tap on ‘History’ on the side
Menu or on the button at the bottom of the screen ->

• Tap on the icon at the top-right corner to select the period you want to
display.

Tap on the trade to


see more details

Risk Warning:Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible
to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks
involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose.

Domain usage rights belong to BDS Ltd. BDS Ltd (Registration No. 8424660-1) is authorized and regulated by the Financial
Services Authority (the “FSA”, licence no. SD047) Registered address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri,
Mahe, Seychelles.

Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 35
Risk Warning: Trading involves high risk of losing your money. Any information provided shall be for information purposes only 36

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