mt4/wealth trade fx platform guide by william cheung
DESCRIPTION
MT4 Users Guide which I created September 2011TRANSCRIPT
Copyright©2011 WealthTrade FX Ltd 2
Section Page
Your Welcome Letter 4
Downloading Your WealthTrade FX Platform 5
Installing Your WealthTrade FX Platform 9
Logging into Your WealthTrade FX Platform 18
Checking Your Connectivity 23
Populating Your Charts 24
Familiarizing Yourself with the Windows 25
Familiarizing Yourself with the Market Watch Window 26
Familiarizing Yourself with the Navigator Window 30
Familiarizing Yourself with the Terminal Window 46
Familiarizing Yourself with the Charting Window 65
Order Types – Initial Entry 72
Order Types – Market Execution 75
Order Types – Pending Order 77
Modifying Orders – Open Positions 79
Modifying Orders – Pending Orders 82
Closing Open Trades 85
Deleting Pending Orders 88
Trailing Stops 91
Table of Contents
By William Cheung
Copyright©2011 WealthTrade FX Ltd 3
Section Page
Familiarizing Yourself with Main Menu Features 94
Main Menu Features – File Tab 96
Main Menu Features – View Tab 98
Main Menu Features – Insert Tab 102
Main Menu Features – Charts Tab 104
Main Menu Features – Tools Tab 107
Main Menu Features – Window Tab 110
Main Menu Features – Help Tab 112
Tool Bars 114
Tool Bars – Standard 115
Tool Bars – Charts 116
Tool Bars – Line Studies 117
Tool Bars – Periodicity 118
Section
Frequently Ask Questions
Table of Contents
By William Cheung
Copyright©2011 WealthTrade FX Ltd 4
Hello [xxx],
Welcome to WealthTradeFX
Here is the information for your new Independent Freedom Account. Below, you will find your new login
information providing full access to your live account upon funding.
If applicable, please make sure to change the Login information you previously had on your demo account to
the new login below by going to File Menu / Login and then Enter new Login and Password.
This is your login information:
Username better known as: Login: [xxx]
Password: [xxx] (case sensitive)
Server: WealthTrade-Live
(If you haven’t downloaded WealthTradeFX Pro MT4 Trading Platform: http://www.wealthtradefx.com/downloads/wfx4setup.exe)
Your Welcome Letter
By William Cheung
Downloading Your WealthTrade FX Platform
Before downloading the WealthTrade FX platform, it is advised that you deactivate all antivirus software, firewalls or anything which may hinder proper data transfer.
1) Click on the link found in your Welcome email (http://www.wealthtradefx.com/downloads/wfx4setup.exe)
a) You will be prompted to choose to either Run or Save; please select ‘SAVE’.
b) The next window will prompt you to select the location to save the zip file (we recommend you save it to your desktop); click the ‘SAVE’ button.
c) A new set-up icon will appear on your desktop called ‘wfx4setup’. Double click this icon to run the set up.
d) When prompted, select the language of preference, then click the ‘NEXT’ button.
e) Another window will appear with a welcome message; click the ‘NEXT’ button.
f) This next window will require to agree to the terms of the license. If you agree, check the box and click on the ‘NEXT’ button.
g) Browse the location where you would like to save the platform otherwise, it will save to a default location. Select ‘NEXT’ after you have made this selection.
h) For the ‘Select Program Group:’, click on the ‘NEXT’ button and on the following window, click the ‘NEXT’ button again.
i) Once this process has completed, click the ‘FINISH’ button.
j) Your desktop should have a new shortcut icon to start your platform and should have automatically started.
Copyright©2011 WealthTrade FX Ltd 5 By William Cheung
Downloading Your WealthTrade FX Platform
Copyright©2011 WealthTrade FX Ltd 6
Click on this link to begin
download of platform
Step 1
By William Cheung
Downloading Your WealthTrade FX Platform
Copyright©2011 WealthTrade FX Ltd 7
Click SAVE
Step 2
By William Cheung
Downloading Your WealthTrade FX Platform
Copyright©2011 WealthTrade FX Ltd 8
1) Select DESKTOP
2) Click SAVE
Step 3
By William Cheung
Installing Your WealthTrade FX Platform
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Double click
wfx4setup icon
Step 4
By William Cheung
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Step 5
1) Select Language
Preference
2) Click NEXT
Installing Your WealthTrade FX Platform
By William Cheung
Copyright©2011 WealthTrade FX Ltd 11
Step 6
Click NEXT
Installing Your WealthTrade FX Platform
By William Cheung
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Step 7
1) Check this Box
2) Click NEXT
Installing Your WealthTrade FX Platform
By William Cheung
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Step 8
1) Select Folder Location
(if necessary)
2) Click NEXT
Installing Your WealthTrade FX Platform
By William Cheung
Installing Your WealthTrade FX Platform
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Step 9
1) Select Program
Group or Rename
2) Click NEXT
By William Cheung
Installing Your WealthTrade FX Platform
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Step 10
Click NEXT
By William Cheung
Installing Your WealthTrade FX Platform
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Step 11
Click FINISH
By William Cheung
Installing Your WealthTrade FX Platform
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Logging into Your WealthTrade FX Platform
By default, the ‘Open an Account’ window will be on top of all other windows. Please close this window or click the ‘CANCEL’ button
2) The next pop up window which will appear, will be the login window
a) In the Login field, type in the account number which was provided to you in your Welcome letter
b) In the Password field, type in the password which was provided to you in your Welcome letter (N.B. Your password is extremely case sensitive, so any discrepancies in this field will cause an “invalid login” error message)
c) In the Server field, click on the drop down arrow and select ‘WealthTrade-Live’ (N.B. If funding your own account, it is mandatory to use this server as it is correlated to your login credentials. Any discrepancies in this field will cause a “no connection” error message).
d) Please check the box ‘SAVE ACCOUNT INFORMATION’
e) Click the Login button (This process may take up to 30 seconds to authenticate and connect your platform to the appropriate servers)
f) The platform should then chime and the connection status link located at the bottom right corner should change from all red bars, to red and green bars.
If you did not successfully login with the credentials and server information provided to you in your Welcome letter, the login window will close; click the word File from the main menu located close to the top of the platform and select Login, then repeat the process as stated in step 1 above.
If you continue to have difficulties logging into your account, please contact [email protected] for assistance.
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Logging into Your WealthTrade FX Platform
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Click CANCEL or
close out this window
By William Cheung
Logging into Your WealthTrade FX Platform
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This window should
now appear.
By William Cheung
Logging into Your WealthTrade FX Platform
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Refer to your Welcome
Letter for your Login
Credentials and instructions
By William Cheung
Logging into Your WealthTrade FX Platform
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1) Enter Login
Account Number
2) Enter Password
(case sensitive !)
3) Select WEALTHTRADE-
LIVE from drop down arrow
4) Check box SAVE
ACCOUNT INFORMATION
(optional)
5) Click LOGIN
By William Cheung
Checking Your Connectivity
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If this icon is Green and Red, you have successfully connected to the servers.
By William Cheung
Populating Your Charts
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To populate each chart, drag and
drop the selected pair/CFD from the
Market Watch window, onto the chart
By William Cheung
Familiarizing Yourself with the Windows
By default, there are three administrative windows and eight charting windows. If any of the administrative windows are not open when you login to your platform, simply click on the View tab in your main menu (located at the top of your platform) then select the relevant window(s).
1) Market Watch: Displays some of the pairs and CFDs (Contracts for Difference) which you can drag and drop into the charting windows for observation or trade.
You can add all the available pairs and CFDs to your market watch list by right clicking within the market watch window, then selecting ‘Show All’.
2) Navigator: The navigator window displays five main folders, as follows:
a) Accounts: Displays all the accounts which your platform has login credentials and access to.
b) Indicators: Displays all the default indicators, oscillators and studies which have been loaded into these settings, which can be dragged and dropped onto a chart for use.
c) Expert Advisors: Displays all the preconfigured programs which your platform may utilize.
d) Custom Indicators: Displays all the default indicators which you may have loaded into this platform.
e) Scripts: Displays all the specific actions which your Expert Advisors is comprised of.
3) Terminal: Displays trade related and other information pertinent to the specific account
4) Charts: Displays the chart of the security based on the programmed parameters also enabling initial trading abilities.
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Familiarizing Yourself with the Market Watch Window
The MARKET WATCH window has two tabs as follows:
Symbols Tab: Displays all the pairs/CFDs which you’ve allocated to the market watch window.
Right Click Features:
New Order: Opens NEW ORDER window based on selected pair/CFD
Chart Window: Opens new CHART WINDOW based on selected pair/CFD
Tick Chart: Reverts to TICK CHART tab based on selected pair/CFD
Hide: HIDES selected pair/CFD
Hide All: HIDES ALL pairs/CFDs
Show All: SHOWS ALL pairs/CFDs
Symbols: Show/hides available pairs/CFDs to market watch list
Sets: Saves/removes currently saved list
High/Low: Adds High/Low columns to Market Watch window
Time: Add/remove GMT time columns to Market Watch window
Auto arrange: Rearranges Market Watch list to fit window size
Grid: Applies/removes GRID lines
Popup Prices: Displays POPUP PRICES in separate window
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Opens NEW ORDER window based on selected pair/CFD
Opens new CHART WINDOW based on selected pair/CFD
HIDES selected pair/CFD
HIDES ALL pairs/CFDs
SHOWS ALL pairs/CFDs
Reverts to TICK CHART tab based on selected pair/CFD
Show/hides available pairs/CFDs to market watch list
Saves/removes currently saved list
Adds High/Low columns to Market Watch window
Add/remove GMT time columns to Market Watch window
Rearranges Market Watch list to fit window size
Applies/removes GRID lines
Displays POPUP PRICES in separate window
Familiarizing Yourself with the Market Watch Window
By William Cheung
The MARKET WATCH window has two tabs as follows:
Tick Chart Tab: Shows a tick chart based on transactions and last bid price.
Right Click Features:
New Order: Opens NEW ORDER window based on tick chart window
Chart Window: Opens new chart window based on tick chart
Ask Line: Add/remove ASK price line to tick chart
Grid: Applies/removes GRID lines
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Familiarizing Yourself with the Market Watch Window
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Opens NEW ORDER window based on tick chart window
Opens new chart window based on tick chart
Applies/removes GRID lines
Add/remove ASK price line to tick chart
Familiarizing Yourself with the Market Watch Window
By William Cheung
The NAVIGATOR Window is used to access different accounts, initiate various pre-programmed tools which may be applied to trading and/or charting windows.
There are two tabs in the Navigator window; the Common tab and the Favorites tab. The Commons tab features are listed below and the Favorites tab is a compilation of what you choose to add to it for quick access.
Accounts (main) Right Click Features:
Open an Account: Creates a new demo/practice account.
Accounts (expanded): Displays all accounts created on this platform
Right Click Features:
Login: Login to selected account (or double click on the account to Login)
Delete: Deletes the selected account from the list
Open an Account: Creates a new demo/practice account
Add to Favorites: Add selected account to Favorites tab
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Familiarizing Yourself with the Navigator Window
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Creates a new demo/practice account.
Familiarizing Yourself with the Navigator Window
By William Cheung
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Login to selected account (or double
click on the account to Login)
Deletes the selected account from the list
Creates a new demo/practice account.
Add selected account to Favorites tab
Familiarizing Yourself with the Navigator Window
By William Cheung
Indicators (expanded): Displays all the default indicators, oscillators and studies which have been loaded into these settings, which can be dragged and dropped onto a chart to activate (can also be applied to the selected chart by double clicking the indicator).
Right Click features
Attach to a Chart: Apply selected Indicator to selected chart.
Add to Favorites: Add selected indicator to Favorites tab.
Set Hot Key: Creates a keystroke to apply to selected chart.
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Apply selected Indicator to selected chart
Creates a keystroke to apply to selected chart.
Add selected indicator to Favorites tab
Familiarizing Yourself with the Navigator Window
By William Cheung
Expert Advisors (main) Right Click Features:
Create: Enables you to create your own personalize automatic trading parameters.
Set Hot Key: Creates/sets a hotkey to initiate the selected preconfigured program.
Online Library: Allows you to view the database of files/scripts which you can utilize as a part of your Expert Advisor creation.
Expert Advisors (expanded):
MACD Sample* (double clicked or drag and dropped onto a chart): Initiates the preconfigured automatic trading parameters of MACD Sample.
MACD Sample Right Click features:
Attach to a Chart: Applies the MACD Sample to the selected chart.
Modify: Changing the actual script via programming language
Delete: To delete the MACD Sample from the Expert Advisor Expanded List
Create: To create a new expert advisor, using the MACD Sample parameters.
Add to Favorites: Adds MACD Sample to the Favorites Tab.
Set Hot Key: Assigning a hot key to initiate the MACD Sample with a keystroke
Online Library: Online resources to investigate and possibly modify/integrate the MACD Sample.
* must be configured prior to use
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Familiarizing Yourself with the Navigator Window
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Enables you to create your own personalize automatic trading parameters
Creates/sets a hotkey to initiate the selected preconfigured program
Allows you to view the database of files/scripts which you can utilize as a
part of your Expert Advisor creation
Familiarizing Yourself with the Navigator Window
By William Cheung
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Changing the actual script via programming language
Delete the MACD Sample from the Expert Advisor Expanded List
Create a new expert advisor, using the MACD Sample parameters
Applies the MACD Sample to the selected chart
Adds MACD Sample to the Favorites Tab
Assigning a hot key to initiate the MACD Sample with a keystroke.
Online resources to investigate and possibly
modify /integrate the MACD Sample.
Familiarizing Yourself with the Navigator Window
By William Cheung
Expert Advisors (expanded):
Moving Average* (double clicked or drag and dropped onto a chart): Initiates the preconfigured automatic trading parameters of Moving Average.
Moving Average Right Click features:
Attach to a Chart: Applies the Moving Average to the selected chart.
Modify: Changing the actual script via programming language
Delete: To delete the Moving Average from the Expert Advisor Expanded List
Create: To create a new expert advisor, using the Moving Average parameters.
Add to Favorites: Adds Moving Average to the Favorites Tab
Set Hot Key: Assigning a hot key to initiate the Moving Average with a keystroke
Online Library: Online resources to investigate and possibly modify /integrate the Moving Average.
* must be configured prior to use
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Familiarizing Yourself with the Navigator Window
By William Cheung
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Changing the actual script via programming language
Applies the Moving Average to the selected chart
Delete the Moving Average from the Expert Advisor Expanded List
Create a new expert advisor, using the Moving Average parameters
Adds Moving Average to the Favorites Tab
Assigning a hot key to initiate the Moving Average with a keystroke
Online resources to investigate, possibly modify the Moving Average
Familiarizing Yourself with the Navigator Window
By William Cheung
Custom Indicators (main) Right Click features:
Create: Enables the end user to create custom indicators.
Set Hot Key: Creates/sets a hotkey to initiate the selected indicator.
Online Library: Online resources to investigate and possibly modify/integrate the Custom Indicator.
Custom Indicators (expanded) Right Click features:
Attach to a Chart: Attaches/applies the selected custom indicator to the selected chart.
Modify: Changing the actual script via programming language.
Delete: To delete the selected custom indicator from the Custom Indicator expanded list
Create: To create a new custom indicator.
Add to Favorites: Adds selected custom indicator to the Favorites Tab
Set Hot Key: Assigning a hot key to initiate the selected custom indicator with a keystroke.
Online Library: Online resources to investigate and possibly modify /integrate a new or existing custom indicator.
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Familiarizing Yourself with the Navigator Window
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Creates/sets a hotkey to initiate the selected indicator
Enables the end user to create custom indicators
Online resources to investigate and possibly modify
/integrate the Custom Indicator.
Familiarizing Yourself with the Navigator Window
By William Cheung
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Changing the actual script via programming language
Attaches/applies the selected custom indicator to the selected chart
Delete the selected custom indicator from the Custom Indicator expanded list
To create a new custom indicator
Adds selected custom indicator to the Favorites Tab
Assigning a hot key to initiate the selected custom indicator with a keystroke
Online resources to investigate and possibly modify
/integrate a new or existing custom indicator
Familiarizing Yourself with the Navigator Window
By William Cheung
Scripts (main) Right Click features:
Create: Enables the end user to create custom scripts.
Set Hot Key: Creates/sets a hotkey to initiate the selected script.
Online Library: Online resources to investigate and possibly modify /integrate the script.
Scripts (expanded) Right Click features:
Execute on Chart: A one time execution of the selected command to the selected chart (either by double clicking the selected script or dragging and dropping onto the selected chart).
Modify: Changing the actual script via programming language.
Delete: To delete the selected script from the Scripts expanded list
Create: To create a new custom script.
Add to Favorites: Adds selected script to the Favorites Tab
Set Hot Key: Assigning a hot key to initiate the selected script with a keystroke.
Online Library: Online resources to investigate and possibly modify /integrate a new or existing scripts.
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Familiarizing Yourself with the Navigator Window
By William Cheung
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Creates/sets a hotkey to initiate the selected script
Enables the end user to create custom scripts
Online resources to investigate and possibly modify/integrate the script
Familiarizing Yourself with the Navigator Window
By William Cheung
Copyright©2011 WealthTrade FX Ltd 45
To delete the selected script from the Scripts expanded list
Changing the actual script via programming language
Executes the selected command to the selected chart
To create a new custom script
Adds selected script to the Favorites Tab
Assigning a hot key to initiate the selected script with a keystroke
Online resources to investigate and possibly
modify /integrate a new or existing scripts.
Familiarizing Yourself with the Navigator Window
By William Cheung
The TERMINAL window has six tabs as follows:
Trade: The Trade tab shows the current account statistics, including open positions and pending orders.
Account History: The Account History tab displays all closed trades, summarized with the profit and losses, credits, deposits and withdrawals bar.
Alerts: The Alerts tab lists all alerts created.
Mailbox: The Mailbox tab contains all account registration information including server sent messages directed to specific end users.
Journal: The Journal tab is a summary of all initiated trade related clicks and server responses.
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By William Cheung
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The Trade tab shows the current account statistics,
including open positions and pending orders.
The Mailbox tab contains all account registration information
including server sent messages directed to specific end users.
The Journal tab is a summary of all initiated trade
related clicks and server responses
The Alerts tab lists all alerts created
The Account History tab displays all closed trades, summarized
with the profit and losses, credits, deposits and withdrawals bar
Familiarizing Yourself with the Terminal Window
By William Cheung
The Trade Tab:
Trade: The Trade tab is divided into three sections as follows:
Open Positions: All open positions are listed above the statistics line, with long positions indicated with a blue circle on the bottom right corner of the order ticket and short positions with a red circle on the order ticket, under the Orders column.
Statistics Line: Displays the current statistics of the account.
Balance: The available balance of the account
Equity: Equity available for trading (Balance + profit/loss of open positions)
Margin: Margin utilized for the open trades
Free Margin: Amount of margin available to be allocated to trades.
Margin Level: Amount of Free Margin available to be utilized; Margin level of risk currently utilized
Pending Orders: Displays all open orders below the statistics line, which have been placed but not yet filled.
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OPEN POSITIONS: All open
positions are listed above the
statistics line, with long positions
indicated with a blue circle on
the bottom right corner of the
order ticket and short positions
with a red circle on the order
ticket, under the Orders column.
STATISTICS
LINE
PENDING ORDERS: Displays
all open order which have been
placed but not yet filled. All
pending orders are listed below
the statistics line
Short positions indicated with a red circle on
the bottom right corner of the order ticket
Long positions indicated with a blue circle on
the bottom right corner of the order ticket
Familiarizing Yourself with the Terminal Window
By William Cheung
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Balance: The available balance
of the account
Equity: Equity available for trading
(Balance + profit/loss of open positions)
Margin: Margin utilized for the
open trades
Free Margin: Amount of margin
available to be allocated to trades
Margin Level: Amount of Free
Margin available to be utilized;
Margin level of risk currently utilized
Familiarizing Yourself with the Terminal Window
By William Cheung
Columns within the Trade Tab*:
a) Order: The transaction ticket number, unique to the specific trade.
b) Time: Time the position was opened, displayed in year, month, day, hours, minutes.
c) Type: Type of transaction Buy (long position), Sell (short position), Sell Stop, Sell Limit, Buy Stop, Buy Limit (N.B. these are all entry orders, not to be confused with closing open trades).
d) Size: Size of the position of the transaction.
e) Symbol: Name of the financial instrument of the transaction.
f) Open Price: The price at which the position was opened.
g) S/L: Stop Loss price (If the order has not been placed, there will be a zero in this field).
h) T/P: Take Profit price (If the order has not been placed, there will be a zero in this field).
i) Current Price: The current bid price for the instrument.
j) Commission: The commission charged by the brokerage company on trades (if applicable).
k) Taxes: Any taxes which may be associated with the trade.
l) Swap: Displays current accrued swap fees.
m) Profit: Displays the financial result if closing the trade at the current price.
n) Comment: This column lets you add comments to your trading transactions (comments can only be added when you open a position or place a pending order - brokerage company may add comments to your trading transactions).
* (see next page for corresponding references)
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a d e f g h i j k l m n b c
Familiarizing Yourself with the Terminal Window
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The Account History Tab:
Account History: The Account History tab shows all the transactions which have taken place within the account, including Profit/Loss, Credit, Deposit, Withdrawal and current balance.
Profit/Loss: Total profit and loss of all trades taken within the date range specified.
Credit: Total credits to the account within the date range specified.
Deposit: Total deposits to the account within the date range specified.
Withdrawal: Total withdrawals to the account within the date range specified.
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Withdrawal: Total withdrawals to the
account within the date range specified.
Deposit: Total deposits to the account
within the date range specified.
Credit: Total credits to the account
within the date range specified.
Profit/Loss: Total profit and loss of all
trades taken within the date range specified
Familiarizing Yourself with the Terminal Window
By William Cheung
Columns within the Account History Tab*:
a) Order: The order ticket number, unique to the specific trade.
b) Time: Time the position was opened, displayed in year, month, day, hours, minutes.
c) Type: Type of transaction Buy, Sell, Sell Stop, Sell Limit, Buy Stop, Buy Limit.
d) Size: The position size of the transaction.
e) Symbol: Name of the financial instrument in the transaction.
f) Open Price: The price when the position was opened.
g) S/L: Stop loss price, if applied.
h) T/P: Take profit price, if applied.
i) Time: Time the position was closed, displayed in year, month, day, hours, minutes.
j) Price: Displays the price the trade was closed at.
k) Commission: The commission charged by the brokerage company on trades (if applicable).
l) Taxes: Any applicable taxes levied.
m) Swap: Displays accrued swap fees.
n) Profit: The difference between the opening price of the trade and the closing price of the trade.
o) Comment: Any comments created when the trade was opened.
* (see next page for corresponding references)
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j c e g i k m o b d f h l a n
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The Alerts Tab:
Alerts Tab: The alerts tab basically sends alerts, either in the form of sounds or emails, as programmed by the users to notify that specific criteria has been met. Alerts can be created by right clicking anywhere within the body of the Alerts tab and selecting Create.
Columns within the Alerts Tab:
Symbol: The symbol which the alert was created for
Condition: The triggering parameters which activates the alert
Counter: The number of times which the alert has initiated the notification
Limit: The number of times the alert has been programmed to notify
Timeout: The interval between each notification
Event: Alert
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Limit: The number of times the alert
has been programmed to notify
Timeout: The interval
between each notification
Event: Alert
Counter: The number of times which
the alert has initiated the notification
Condition: The triggering
parameters which activates the alert
Symbol: The symbol which
the alert was created for
Familiarizing Yourself with the Terminal Window
By William Cheung
Alerts can be created by right clicking anywhere within the body of the Alerts tab and selecting Create.
a) Enable: Enable/disable alerts
b) Action: Select from Sound, Email or File alert types
c) Symbol: Select the symbol which the alert will be used for
d) Condition: Select the alert criteria: Bid <, Bid >, Ask <, Ask >, Time =
e) Value: The alert triggering value
f) Source: The file type which will be initiated once the alert has been triggered
g) Timeout: The time delay before the alert will repeat itself
h) Maximum iterations: Number of times the alert will repeat itself
i) Test: To view the results if the alert was set and triggered.
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f
e d c
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a
By William Cheung
The Mailbox Tab:
Mailbox: The mailbox tab is a platform email program which enables the sending of messages from one user to another, providing that they are on the same platform server. This is a simple form of communication which enables platform users to made aware of general broadcast notices or personal notes, in a timely manner, including registration information, promotional material, etc.
Columns within the Mailbox Tab:
Time: The time the message was sent, displayed in year, month, day, hours, minutes.
From: The sender of the message
Headline: The subject of the email message
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Time: The time the message
was sent, displayed in year,
month, day, hours, minutes
From: The sender
of the message
Headline: The subject of the
email message
Familiarizing Yourself with the Terminal Window
By William Cheung
The Journal Tab:
Journal: The journal tab is the message centre displaying what specific actionable events have taken place which require server collaboration, outside of charting functions.
Columns within the Journal Tab:
Time: The time the Journal function played a role, displayed in year, month, day, hours, minutes.
Message: The details of the specific function initiated (select the pertinent message and right click to open the sub menu to view the details of the functions recorded by the journal).
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Familiarizing Yourself with the Terminal Window
By William Cheung
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Time: The time the Journal function played a role,
displayed in year, month, day, hours, minutes
Message: The details of the specific function initiated (select the pertinent message and right
click to open the sub menu to view the details of the functions recorded by the journal)
Familiarizing Yourself with the Terminal Window
By William Cheung
After dragging a dropping a pair/CFD from the Market Watch window into a chart, a right click within the chart will provide access to the following right click features:
Trading: Opens a trading window defaulted to Buy/Sell (Short) by Market Execution
Expert Advisors: Enabled Expert Advisors properties can be accessed, tested or removed from selected chart.
Indicators List: Lists all the indicators currently being utilized on the chart with the option to edit or delete them.
Periodicity: The option to modify the time period which each bar represents
Template: The ability to use the current chart characteristics for saving, loading to other charts or removal from list.
Refresh: To reload the chart with up to date information
Auto Arrange: Set the height of all indicators windows as default
Grid: Apply/remove grid lines from chart.
Volumes: Add/remove volume bars from chart.
Zoom In: To magnify charting details, in lieu of greater amount of information
Zoom Out: To add more charting information to the chart, in lieu of details
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Familiarizing Yourself with the Charting Window
By William Cheung
Save Picture: To save current chart as a GIF or BMP format
Print Preview: Review of chart characteristics prior to printing
Print: To send the print command of the chart to the printer to print
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Familiarizing Yourself with the Charting Window
By William Cheung
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Opens a trading window defaulted to Buy/Sell (Short) by Market Execution
Enabled Expert Advisors properties can be accessed, tested or removed from selected chart
Lists all the indicators currently being utilized on the chart with the option to edit or delete them.
The option to modify the time period which each bar represents
Utilizing the current chart characteristics for saving, loading to other charts or removal from list.
To reload the chart with up to date information
Set the height of all indicators windows as default.
Apply/remove grid lines from chart.
Add/remove volume bars from chart
To magnify charting details, in lieu of greater amount of information.
To save current chart as a GIF or BMP format.
Review of chart characteristics prior to printing
To send the print command of the chart to the printer to print.
Opens new window to initiate additional features
To add more charting information to the chart, in lieu of details.
Familiarizing Yourself with the Charting Window
By William Cheung
Properties: Opens new window to initiate additional features.
Colors Tab: The ability to change the chart appearance based on personal choices or from default values
Color Scheme: Preconfigured colour scheme layout for selected chart
Background: Select preferred background of chart
Foreground: Select preferred color of time and price axis
Grid: Select preferred color of grid
Bar Up: Select outline of Up Bars
Bar Down: Select outline of Down Bars
Bull Candle: Select fill color of Up Bars
Bear Candle: Select fill colour of Down Bars
Line Graph: Select line graph color (if line chart selected)
Volumes: Select color of volume bars (if selected)
Ask Line: Select color of Ask line (if selected)
Stop Levels: Selected color of Stop Line displayed on chart
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Familiarizing Yourself with the Charting Window
By William Cheung
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Select preferred background of chart
Select preferred color of time and price axis.
Select preferred color of grid.
Select outline of Up Bars.
Select outline of Down Bars.
Select fill color of Up Bars.
Select fill colour of Down Bars.
Select line graph color (if line chart selected).
Select color of volume bars (if selected).
Select color of Ask line (if selected).
Selected color of Stop Line displayed on
chart.
Preconfigured colour scheme layout for selected chart
Familiarizing Yourself with the Charting Window
By William Cheung
Common Tab:
a) Offline Chart: Freezing/halting data flow to the selected chart.
b) Chart on Foreground: Placing drawings and/or expert advisors to the background/foreground
c) Chart Shift: Shifting the chart to/away from the right side of the window
d) Chart Autoscroll: Allow/stop a chart from its natural progression of scrolling to the left
e) Scale fix one to one: Allows for scrolling the chart, one bar at a time.
f) Scale Fix: Enable/disable ability to drag and drop a chart display higher or lower within the window
g) Bar Chart: The use of bar charts
h) Candlesticks: The use of candlestick charts
i) Line Chart: The use of line charts
j) Show OHLC: Show/hide the open, high, low, close values of the current bar
k) Show Ask Line: Show/hide current ask line
l) Show period separators: Show/hide daily separators
m) Show Grid: Show/hide gridlines
n) Show Volumes: Show/hide volume bars
o) Show object descriptions: Show/hide descriptions/values of enabled functions
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Familiarizing Yourself with the Charting Window
By William Cheung
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Familiarizing Yourself with the Charting Window
By William Cheung
Order Types – Initial Entry
The INITIAL ENTRY orders window can be accessed from the following ways:
a) Market Watch window: Select the pair/CFD to be traded and right click, then select New Order.
b) Main Menu: Select a chart with the pair/CFD intended to be traded and click on Tools from the main menu, then select New Order.
c) Tool Bar: Select a chart with the pair/CFD intended to be traded and click the New Order icon on the Tool Bar.
d) Chart Window: Select the chart which is intended to be traded, then right click and select Trading, then New Order.
Copyright©2011 WealthTrade FX Ltd 72 By William Cheung
Copyright©2011 WealthTrade FX Ltd 73
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Order Types – Initial Entry
By William Cheung
The initial trade entries are as follows:
Market Execution: To immediately enter either a long or short positions
Pending Order: To enter a long or short position at a specified price
Buy Stop: To set a value to enter a long position if pip values exceed specified entry point
Buy Limit: To set a value to enter a long position if pip values decline to a specified entry point
Sell Stop: To set a value to enter a short position if pip values decline past a specified entry point
Sell Limit: To set a value to enter a short position if pip values rally to a specified entry point
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Order Types – Initial Entry
By William Cheung
MARKET EXECUTION: To immediately enter either a long or short positions
Market executions orders window will display the following fields that may be modified:
a) Symbol: This field will display the current pair/CFD to be traded. The drop down arrow on the right side of this field will allow you to modify the pair/CFD which you may choose to trade, as displayed in your Market Watch list.
b) Volume: The lot size which you may choose to trade. This value may be changed either by highlighting the current value and overtyping it or from the drop down arrow on the right side of this field.
c) Comment: Any comment which you may choose to enter, related to this trade for personal notes (can only be applied to initial entry order and not to modified, deleted or close order windows).
d) Type: The type of entry which is chosen (in this example, only Market Execution selection will apply)
e) Sell by Market/Buy by Market action buttons: To initiate the trade to either sell/short (pink button) or buy (blue button) to enter the trade. (N.B. All order by market execution, the price will be quoted by dealer)
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Order Types – Market Execution
By William Cheung
Copyright©2011 WealthTrade FX Ltd 76
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Order Types – Market Execution
By William Cheung
Order Types – Pending Order
PENDING ORDER: To enter a long or short position at a specified price
Market executions orders window will display the following fields that may be modified:
a) Symbol: This field will display the current pair/CFD to be traded. The drop down arrow on the right side of this field will allow you to modify the pair/CFD which you may choose to trade, as displayed in your Market Watch list.
b) Volume: The lot size which you may choose to trade. This value may be changed either by highlighting the current value and overtyping it or from the drop down arrow on the right side of this field.
c) Stop Loss: Stop loss price (only active when Pending Order has been selected)
d) Take Profit: Take profit price (only active when Pending Order has been selected)
e) Comment: Any comment which you may choose to enter, related to this trade for personal notes.
f) Type: The type of entry which is chosen (in this example, only Pending Order selection will apply)
g) Type: Type of order (Buy Limit, Sell Limit, Buy Stop, Sell Stop)
h) At Price: Trigger price to enter position
i) Expiry: Cancel date of order if not executed
j) Place Button: The action button to initiate order
N.B. Open price you set must differ from market price by at least 0 pips. Copyright©2011 WealthTrade FX Ltd 77 By William Cheung
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Order Types – Pending Order
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By William Cheung
Modifying Orders – Open Positions
Open positions can only be modified with their Take Profit (TP) and Stop Loss levels. This is accomplished by double clicking the open position under the appropriate TP or SL column and modifying those values in the pop up window (the alternative is to right click the order which to modify and select Modify or Delete Order).
a) Type: Modify Order (in this example, only Modify Order applies)
b) Level: The number of pips within last market price to modify order amount by
c) Copy as: The current market price minus the level spread
d) Stop Loss: The actual stop loss price to be manually set
e) Take Profit: The actual take profit price to be manually set
f) Modify Button: Button to initiate the modified criteria
N.B. Stop Loss or Take Profit you set must differ from market price by at least 0 pips.
Copyright©2011 WealthTrade FX Ltd 79 By William Cheung
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Double click the order under the appropriate column
(S/L or T/P) to MODIFY the order
OR
Right click the order and select MODIFY OR DELETE
ORDER
Modifying Orders – Open Positions
By William Cheung
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Modifying Orders – Open Positions
f
By William Cheung
Modifying Orders – Pending Orders
Pending orders can be modified, not only the Take Profit (TP) and Stop Loss (SL) values, but also the limit entry price. The modify menu will appear by double clicking anywhere along that order line (the alternative is to right click the order to modified and select Modify or Delete Order).
a) Type: Modify Order (in this example, only Modify Order applies)
b) Price: The new entry price for the trade
c) Stop Loss: The actual stop loss price to be set manually
d) Take Profit: The actual take profit price to be set manually
e) Expiry: The date which the order will cease to be valid for execution
f) Modify Button: The button to initiate the modified criteria
Copyright©2011 WealthTrade FX Ltd 82 By William Cheung
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Double click the specific pending order to MODIFY the
order (add/modify the S/L, T/P or DELETE
OR
Right click the order and select MODIFY OR DELETE
ORDER
Modifying Orders – Pending Orders
By William Cheung
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Modifying Orders – Pending Orders
f
By William Cheung
Closing Open Trades
Open positions can be closed (flattening the trade) by double clicking the open position line, anywhere except for under the TP or SL columns (the alternative is to right click the order which to close and select Close Order). The following fields and headings will appear in the pop up window:
a) Symbol: The pair/CFD to be closed
b) Volume: The amount of lots to be closed (this amount can be less than the entire position of the original position)
c) Comment: Relevant personal comments to be added to this trade (N.B. Comments can only be entered when opening the position, not closing)
d) Type: Market Execution (in this example, only Market Execution applies)
e) Sell by Market: Sell with Market Execution (not applicable to closing trades)
f) Buy by Market: Buy with Market Execution (not applicable to closing trades)
g) Close Order: Action button to close the open position
N.B. At order by market execution, the price will be quoted by dealer
Copyright©2011 WealthTrade FX Ltd 85 By William Cheung
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Double click the specific open
position line to CLOSE the order
OR
Right click the order and select
CLOSE ORER
Closing Open Trades
By William Cheung
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Closing Open Trades
By William Cheung
Deleting Pending Orders
Pending orders can be deleted. This can be accomplished by double clicking on the pending order or right clicking the pending order and selecting Modify or Delete Order
a) Type: Modify Order (in this example, only Modify Order applies)
b) Price: The entry price for the trade (does not apply to deleting pending orders)
c) Stop Loss: The actual stop loss price to be set manually (does not apply to deleting pending orders)
d) Take Profit: The actual take profit price to be set manually (does not apply to deleting pending orders)
e) Expiry: The date which the order will cease to be valid for execution (does not apply to deleting pending orders)
f) Delete: Delete button to cancel pending order
Copyright©2011 WealthTrade FX Ltd 88 By William Cheung
Copyright©2011 WealthTrade FX Ltd 89
Double click the specific Pending
Order to CLOSE the order
OR
Right click the order and select
MODIFY OR DELETE ORER
Deleting Pending Orders
By William Cheung
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Deleting Pending Orders
By William Cheung
Trailing Stops
Trailing stops* can be initiated on all pending orders and open positions, but must be for the full lot size of the original order. This is accomplished by right clicking on the order/position and selecting Trailing Stop, then the applicable criteria:
Delete All: Deletes existing trailing stops initiated for all orders
None: Deletes the existing trailing stop for the specific order
[x] Points: Points to be trailing position (once filled, if applicable)
Custom: Customizable trailing stop level in points (once filled, if applicable)
N.B. Trailing Stop is a method to move Stop Loss level automatically. Minimal Trailing Stop level is 15 points.
*Trailing stops are local to the end users computer and not server side; otherwise, if the platform is shut down by the end user, the trailing stop function will be deactivated. Also, with incoming of new quotes, the terminal checks whether the open position is profitable. As soon as profit in points becomes equal to or higher than the specified level, command to place the Stop Loss order will be given automatically. The order level is set at the specified distance from the current price. Further, if price changes in the more profitable direction, trailing stop will make the Stop Loss level follow the price automatically,
Copyright©2011 WealthTrade FX Ltd 91 By William Cheung
Trailing Stops
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To activate the Trailing Stop
function, select the order and
right click, then select TRAILING
STOP
By William Cheung
Trailing Stops
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Deletes the existing trailing stop
for the specific order
Deletes existing trailing stops
initiated for all orders
Points to be trailing position (once
filled, if applicable)
Customizable trailing stop
level in points (once
filled, if applicable)
By William Cheung
Familiarizing Yourself with Main Menu Features
There are seven main menu tabs which are as follows:
File: The File tab oversees the general parameters and features of the platform.
View: The View tab shows/removes what is actually displayed on the platform.
Insert: The Insert tab adds indicators, studies and drawings to the selected charts.
Charts: The Charts tab configures the characteristics, parameters and properties associated with charts.
Tools: General instructions and platform settings.
Window: The Windows tab is designed to re-arrange windows in preconfigured fashion and/or selecting a specific window to be the active window
Help: The Help tab provides a reference to using the platform
Copyright©2011 WealthTrade FX Ltd 94 By William Cheung
Main Menu Features
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The FILE tab oversees the general
parameters and features of the platform
The VIEW tab shows/removes what
can actually be seen on the platform
The INSERT tab adds indicators, studies
and drawings to the selected charts
General instructions and platform settings
The CHARTS tab configures the characteristics,
parameters and properties associated with charts.
The WINDOWS tab is designed to re-arrange windows in preconfigured
fashion and/or selecting a specific window to be the active window
The HELP tab provides a
reference to using the platform
By William Cheung
Main Menu Features – File Tab
There FILE tab is divided into 13 sections as follows:
New Chart: Opens a new chart (this selection will open a new pop up window which will allow you to select the pair/CFD to apply to the new charting window).
Open Offline: Opens a historical chart of the pair/CFD without requiring an internet connection to the servers.
Open Deleted: Opens a chart of the pair/CFD which has been previously been closed out.
Profiles: Loads, saves, deletes chart layout groups.
Close: Closes the selected chart window.
Save As: Saves the last charting window as a .csv , .prn or .htm format.
Save As Picture: Saves platform or the last selected charting window as a picture file.
Open an Account: Creates a new demo/fictitious account
Login: Login to an existing account
Print Setup: Enables the setting of parameters to print prior to printing.
Print Preview: Displays what will be printed prior to printing.
Print: Initiates the printing command to the printer.
Exit: Closes the platform
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Copyright©2011 WealthTrade FX Ltd 97
Opens a chart of the pair/CFD which has been previously been closed out
Loads, saves, deletes chart layout groups
Closes the selected chart window
Saves the last charting window as a .csv , .prn or .htm format
Opens a new chart (this selection will open a new pop up window which will allow you to select
the pair/CFD to apply to the new charting window)
Saves platform or the last selected charting window as a picture file
Creates a new demo/fictitious account
Opens a historical chart of the pair/CFD without requiring an internet connection to the servers.
Login to an existing account
Enables the setting of parameters to print prior to printing
Displays what will be printed prior to printing
Initiates the printing command to the printer
Closes the platform
Main Menu Features – File Tab
By William Cheung
Main Menu Features – View Tab
The VIEW tab is divided into seven headings which are as follows:
Languages: Change the language (Requires a restart of the platform for changes to take affect).
Toolbars: The four basic toolbars which can be shown or hid are Standard, Charts, Line Studies and Periodicity. Adding/removing of other toolbars can be done via the Customize selection.
Standard: Toolbar which gives quick access to New Charts, Profiles, Market Watch, Data, Navigator, Terminal, Strategy Tester, New Order, Meta Editor, activation of Expert Advisors
Charts: Quick access to changing chart styles (bar, candlestick, line), Zoom in, Zoom out, Auto Scroll, Chart Shift, Indicators, Periodicity and Templates.
Line Studies: Quick access to change from Pointer, Cross hairs, drawing Vertical Line, drawing Horizontal line, drawing trendline, Equidistant channel, Fibonacci retracement, text, text label, arrows.
Periodicity: Quick access to change the timeframe of a specific chart.
Customize: Selection of criteria to create personalized toolbar.
Status Bar: Show/hide the status bar which displays quick access to profiles, hover-over OHLC, connectivity status
Charts Bar: Show/hide quick access tabs to individual charts to select as active chart.
Market Watch: Show/hide market watch window
Data Window: Show/hide data window
Copyright©2011 WealthTrade FX Ltd 98 By William Cheung
Navigator: Show/hide navigator window
Terminal: Show/hide terminal window
Strategy Tester: Show/hide strategy tester
Full Screen: Display only charts or show all other windows
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Main Menu Features – View Tab
By William Cheung
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Change the language (Requires a restart of the platform for changes to take affect).
Show/hide the status bar which displays quick access to profiles, hover-over OHLC,
connectivity status
Show/hide quick access tabs to individual charts to select as active chart.
Show/hide MARKET WATCH window
Show/hide DATA window
Display only charts or show all other
windows
The four basic toolbars which can be shown or hid: Standard, Charts, Line Studies and
Periodicity. Adding/removing of other toolbars can be done via the Customize selection
Show/hide NAVIGATOR window
Show/hide TERMINAL window
Show/hide STRATEGY TESTER
Main Menu Features – View Tab
By William Cheung
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Toolbar which gives quick access to New Charts, Profiles,
Market Watch, Data, Navigator, Terminal, Strategy Tester,
New Order, Meta Editor, activation of Expert Advisors
Quick access to changing chart styles (bar, candlestick, line),
Zoom in, Zoom out, Auto Scroll, Chart Shift, Indicators,
Periodicity and Templates
Quick access to change from Pointer, Cross hairs, drawing
Vertical Line, drawing Horizontal line, drawing trend line,
Equidistant channel, Fibonacci retracement, text, text label,
arrows.
Quick access to change the timeframe of a specific chart
Selection of criteria to create personalized toolbar.
Main Menu Features – View Tab
By William Cheung
Main Menu Features – Insert Tab
The INSERT tab is divided into eleven headings which are as follows:
Indicators: Ability to apply different indicators, oscillators and studies such as Accumulation/Distribution, Alligator, Accelerator Oscillator, Average Directional Movement Index, Average True Range, Awesome Oscillator, Trend, Oscillators, Volumes, Bill Williams and Custom.
Lines: Ability to draw Vertical, Horizontal, Trendline and Trendline by Angle.
Channels: Ability to apply channel Fibonacci, Linear Regression, Equidistant and Standard Deviation studies.
Gann: Ability to apply Gann Line, Gann Fan, Gann Grid studies
Fibonacci: Ability to apply Retracement, Time Zones, Fan, Arcs and Expansion Fibonacci studies.
Shapes: Ability to draw Rectangle, Triangle and Ellipse shapes on the charts
Arrows: Ability to draw Thumbs Up, Thumbs Down, Arrow Up, Arrow Down, Stop Sign, Check Sign, Left price Label, Right Price Label shapes to charts
Andrew’s Pitchfork: Ability to apply Andrews’ Pitchfork line study on a chart
Cycle Lines: Ability to apply Cycle Lines to charts
Text: Ability to add Text notes to charts
Text Label: Ability to add Text Labels to charts
Copyright©2011 WealthTrade FX Ltd 102 By William Cheung
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Ability to apply different indicators, oscillators and studies such as
Accumulation/Distribution, Alligator, Accelerator Oscillator, Average
Directional Movement Index, Average True Range, Awesome Oscillator,
Trend, Oscillators, Volumes, Bill Williams and Custom.
Ability to draw Vertical, Horizontal, Trend line and Trend line by Angle.
Ability to apply channel Fibonacci, Linear Regression, Equidistant and
Standard Deviation studies..
Ability to apply Gann Line, Gann Fan, Gann Grid studies
Ability to apply Retracement, Time Zones, Fan, Arcs and Expansion
Fibonacci studies.
Ability to draw Rectangle, Triangle and Ellipse shapes on the charts
Ability to draw Thumbs Up, Thumbs Down, Arrow Up, Arrow Down,
Stop Sign, Check Sign, Left price Label, Right Price Label shapes to
charts
Ability to apply Andrews’ Pitchfork line study on a chart
Ability to apply Cycle Lines to charts
Ability to add Text notes to charts
Ability to add Text Labels to charts
Main Menu Features – Insert Tab
By William Cheung
Main Menu Features – Charts Tab
The CHARTS tab has seventeen choices to select from:
Indicators List: Displays the current Indicators used on the selected chart as well as the ability to modify their parameters and delete them.
Objects: Displays the current Objects used on the selected chart as well as the ability to Delete Last, Delete All Selected, Delete All Arrows, Unselect All and Undo Delete.
Bar Chart: Switches the current chart style to Bar Charts
Candlestick: Switches the current chart style to Candlestick Charts
Line Chart: Switches the current chart style to Line Charts
Foreground Chart: Moves the chart data either to the forefront or background of all drawings or objects.
Periodicity: Changing of the current timeframe of the chart
Template: To Save, Load or Remove a charts’ parameters as a Template or apply to other charts.
Refresh: To reload the data to the chart
Grid: Add/remove gridlines from the chart
Volumes: Add/remove volume bars from the chart
Copyright©2011 WealthTrade FX Ltd 104 By William Cheung
Auto Scroll: Apply/disengage the ability for the chart to scroll automatically with each new bar formed.
Chart Shift: To apply/remove additional space to the right side of the chart, before the data displayed.
Zoom In: To view more detailed information at the expense of less charting data
Zoom Out: To view less details but encompass more data/information.
Step by Step: Shifts the chart to the left one bar at a time
Properties: Opens the properties menu of the selected chart
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Main Menu Features – Charts Tab
By William Cheung
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Displays the current Indicators used on the selected chart as well as the ability to modify
their parameters and delete them.
Changing of the current timeframe of the chart
Moves the chart data either to the forefront or background of all drawings or objects.
Switches the current chart style to Line Charts
Switches the current chart style to Candlestick Charts
Switches the current chart style to Bar Charts
Displays the current Objects used on the selected chart as well as the ability to Delete
Last, Delete All Selected, Delete All Arrows, Unselect All and Undo Delete.
To Save, Load or Remove a charts’ parameters as a Template or apply to other charts.
Add/remove gridlines from the chart
Add/remove volume bars from the chart
Apply/disengage the ability for the chart to scroll automatically with each new bar formed.
To apply/remove additional space to the right side of the chart, before the data displayed.
To view more detailed information at the expense of less charting data
To view less details but encompass more data/information.
Shifts the chart to the left one bar at a time
Opens the properties menu of the selected chart
To reload the data to the chart
Main Menu Features – Charts Tab
By William Cheung
Main Menu Features – Tools Tab
The TOOLS tab is divided into five headings which are as follows:
New Order: Opens a new order window to initiate a trade from the selected chart.
History Center: Ability to Add, Edit, Delete, Export and Import files and variables to and from the platform program parameters.
Global Variables: Opens window containing the list of the platform global variables.
MetaQuotes Language Editor: Open MetaEditor of expert advisors.
Options: There are eight tabs within the options window.
a) Server: The primary server which the account is logged into. Also contains your login credentials and connectivity parameters.
b) Charts: General chart parameters.
c) Objects: Object creation parameters.
d) Trade: The default/preset parameters which trades will be loaded into the order window
e) Expert Advisors: The parameters which the expert advisors will utilize once enabled.
f) Email: The platform email program configuration settings.
g) Publisher: The FTP configuration settings.
h) Events: Sound files for triggered events
Copyright©2011 WealthTrade FX Ltd 107 By William Cheung
Copyright©2011 WealthTrade FX Ltd 108
Opens a new order window to initiate a trade
from the selected chart
Ability to Add, Edit, Delete, Export and
Import files and variables to and from the
platform program parameters.
List of the platform global variables.
Opens MetaEditor of expert advisors
There are eight tabs within the options
window.
Main Menu Features – Tools Tab
By William Cheung
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Main Menu Features – Tools Tab
By William Cheung
Main Menu Features – Window Tab
The WINDOW tab is divided into five main headings which are as follows:
New Window: Opens a new charting window
Cascade: Cascades all charting windows
Tile Horizontally: Rearranges all charting windows horizontally
Tile Vertically: Rearranges all charting windows vertically
Arrange Icons: Arrange minimized windows, located in the lower part of the workspace.
Copyright©2011 WealthTrade FX Ltd 110 By William Cheung
Copyright©2011 WealthTrade FX Ltd 111
Cascades all charting windows
Rearranges all charting windows horizontally
Rearranges all charting windows vertically
Arrange minimized windows, located in the
lower part of the workspace
Opens a new charting window.
Main Menu Features – Window Tab
Clicking on any one of these pairs/CFDs
will open a new charting window.
By William Cheung
Main Menu Features – Help Tab
The HELP tab is divided into six main headings which are as follows:
Help Topics: Enables all platform questions to be answered via self help user guide
Technical Analysis: Online explanations of technical analysis techniques
Automated Trading Championships: Online trading competitions
MQL4 Community: Online MT4 chat groups
MQL5 Community: Online MT5 chat groups
About: Information about this platform and its providers, with contact information.
Copyright©2011 WealthTrade FX Ltd 112 By William Cheung
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Enables all platform questions to be
answered via self help user guide
Online explanations of technical analysis
techniques.
Online trading competitions.
Online MT4 chat groups
Online MT5 chat groups
Information about platform, its providers, contact information..
Main Menu Features – Help Tab
By William Cheung
Tool Bars
The TOOL BAR are quick access buttons to initiate features which would otherwise require the user to take multiple steps to utilize. The are as follows:
Standard: Open a New Chart, Profile settings, open/close Market Watch window, open/close Data window, open/close Navigator window, open/close Terminal window, open/close Strategy Tester window, open New order window, open MetaEditor window, enable/disable Expert Advisors.
Charts: Switch to Bar Charts, Switch to Candlestick Charts, Switch to Line Charts, Zoom In, Zoom Out, enable/disable Auto Scroll, enable/disable Chart Shift, add Indicators, change Periods interval, Template settings
Line Studies: Change pointer to Cursor, change pointer to Crosshair, draw a Vertical line to a chart, draw a Horizontal line to a chart, draw a Trendline to a chart, add Equidistant to a chart, add Fibonacci Retracement lines to a chart, add a Text note to a chart, add a Text Label to a chart, add special characters to a chart.
Periodicity: Change the timeframe intervals from 1 Minute, 5 Minutes, 15 Minutes, 30 Minutes, 1 Hour, 4 Hours, 1 Day, 1 Week, 1 Month.
Custom: Creating of a personalized toolbar from the listed options.
Copyright©2011 WealthTrade FX Ltd 114 By William Cheung
Tool Bars - Standard
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Opens new chart with selected pair/CFD
Access to various profiles
Open/Close Market Watch window
Open/Close Data Window
Open/Close Navigator window
Open/Close Terminal window
Open/Close Strategy Tester window
Opens Order Entry window
Opens Expert Advisor MetaEditor window
Enables/Disables the use of Expert Advisors
By William Cheung
Tool Bars - Charts
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Switches selected chart to bar chart
Switches selected chart to candlestick chart
Switches selected chart to line chart
Zoom into chart data
Zoom out of chart data
Enables/disable scrolling of chart data based on the formation of each new bar
Enables/disables extra space to the right side of the chart
Quick implementation of selected indicators, oscillators and studies to selected charts
Changes the chart timeframes
Applying template properties to selected charts
By William Cheung
Tool Bars – Line Studies
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Reverts all prior select pointer selections back to default.
Changes pointer to crosshairs to identify x and y axis point on the charts
Enables drawing of vertical lines on the chart
Enables drawing of horizontal lines on the chart
Enables drawing of trend lines on the chart
Enables drawing of equally spaced channel lines on the chart
Enables drawing of Fibonacci retracement lines on the chart
Enables adding text notes on the chart
Enables adding text labels on the chart
Enables adding arrow and other characters to the chart
By William Cheung
Tool Bars – Line Studies
Copyright©2011 WealthTrade FX Ltd 118
Changes selected chart to 1 Minute intervals
Changes selected chart to 5 Minute intervals
Changes selected chart to 15 Minute intervals
Changes selected chart to 30 Minute intervals
Changes selected chart to 1 Hour intervals
Changes selected chart to 4 Hour intervals
Changes selected chart to Daily intervals
Changes selected chart to Weekly intervals
Changes selected chart to Monthly intervals
By William Cheung
Frequently Asked Questions
Downloading you platform
Can I download and run more than one instance of the same platform on the same computer?
Yes, however when installing the secondary or subsequent platforms to your computer, both the Name of the platform and Group which it will be placed into must be changed – otherwise any subsequent installation of the platform will overwrite prior platform files.
When trying to run the platform from the desktop shortcut icon, it appears that not all the platform functions or features are working (such as the ability to trade, using Expert Advisors, etc.)
The platform may have been installed outside of an administrator account (Windows operating system) and therefore right clicking the icon and selecting ‘Run as Administrator’ may resolve this issue
The platform may have been corrupted by an Expert Advisor or other programs, in which case, doing a full uninstall and reinstall of the platform may be necessary.
Copyright©2011 WealthTrade FX Ltd 119 By William Cheung