MetaTrader 4

MetaTrader 4 (MT4) is a powerful trading platform used by traders worldwide for Forex and CFD trading. This guide will walk you through the key features and functionalities of MT4 on Doto’s platform.

🔹 Locate the download buttons at the top of the page.
🔹 Select the MetaTrader 4 version that matches your device (Android, iOS, Windows, macOS, Web, or Linux).
🔹 Follow the setup steps.
🔹 Alternatively, download MetaTrader 4 from its official site.

📌 You can also download MT4 for all operating systems at: https://doto.com/platforms#Doto

📌 Trade on MetaTrader 4 using your Doto account. Here’s how to start:

1️⃣ Sign up with Doto – a quick two-click registration with easy verification to get started.
2️⃣ Open an MT4 account in the My Accounts section and fund it.
3️⃣ Download the MetaTrader 4 platform.
4️⃣ Log in to MT4 using the credentials we send to your email and start trading!

📌 After logging in, familiarize yourself with the key sections of MetaTrader 4:

🔹 Market Watch – Displays available trading instruments and real-time prices.
🔹 Navigator Panel – Access to accounts, indicators, scripts, and Expert Advisors (EAs).
🔹 Charts Window – Displays price movements and technical indicators.
🔹 Terminal Window – Manages trade execution, account balance, history, and news.

📌 To execute a trade, follow these steps:

1️⃣ Open the Market Watch window and choose a trading instrument.
2️⃣ Click New Order or press F9.
3️⃣ Set the following trade parameters:

✔ Volume – Select the lot size.
✔ Order Type – Choose Market Execution or Pending Order.
✔ Stop Loss & Take Profit – Define risk management levels.

4️⃣ Click Buy or Sell to execute the trade.

📌 MT4 provides a variety of tools for technical analysis, including:

🔹 Adjust timeframes (M1, M5, H1, D1, etc.).
🔹 Apply technical indicators like:
✔ Moving Averages
✔ Bollinger Bands
✔ Relative Strength Index (RSI)
✔ MACD Indicator

🔹 Use drawing tools such as trend lines and Fibonacci retracements.

📌 To monitor active trades:

🔹 Check your open trades in the Terminal Window.
🔹 Modify or close trades manually if necessary.
🔹 Adjust Stop Loss and Take Profit levels for better risk management.

📌 If you want to execute trades at a specific price level, use pending orders:

✔ Buy Limit – Buy when the price drops to a set level.
✔ Sell Limit – Sell when the price rises to a set level.
✔ Buy Stop – Buy when the price rises to a specific level.
✔ Sell Stop – Sell when the price drops to a specific level.

📌 Doto’s MT4 allows automated trading using Expert Advisors:

1️⃣ Open the Navigator Panel and select an EA.
2️⃣ Drag and drop the EA onto a chart.
3️⃣ Enable AutoTrading to execute trades automatically based on programmed strategies.

📌 Trade on the go with:

🔹 MT4 mobile app for iOS and Android.
🔹 MT4 WebTrader for browser-based trading.
🔹 Log in with your Doto credentials and manage trades seamlessly.

✔ Start with a demo account before switching to live trading.
✔ Use Stop Loss and Take Profit to minimize risks.
✔ Keep track of economic events that may affect the market.
✔ Regularly update MT4 to access the latest features.