MT4/Wealth Trade Fx Platform Guide By William Cheung

Table of Contents
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

Copyright©2011 WealthTrade FX Ltd 2 By William Cheung

Table of Contents
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


Your Welcome Letter

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)


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.


Step 1

Click on this link to begin
download of platform


Step 2

Click SAVE


Step 3
1) Select DESKTOP

2) Click SAVE


Installing Your WealthTrade FX Platform
Step 4

Double click
wfx4setup icon


Step 5

1) Select Language
Preference

2) Click NEXT


Step 6

Click NEXT


Step 7

1) Check this Box

2) Click NEXT


Step 8

1) Select Folder Location
(if necessary)

2) Click NEXT


Step 9

1) Select Program
Group or Rename

2) Click NEXT


Step 10

Click NEXT


Step 11

Click FINISH


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
support@wealthtradefx.com for assistance.


Click CANCEL or
close out this window



This window should
now appear.


Refer to your Welcome
Letter for your Login
Credentials and instructions



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


Checking Your Connectivity

If this icon is Green and
Red, you have successfully
connected to the servers.


Populating Your Charts

To populate each chart, drag and
drop the selected pair/CFD from the
Market Watch window, onto the chart


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.


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



Opens NEW ORDER window based on selected pair/CFD
Opens new CHART WINDOW based on selected pair/CFD
Reverts to TICK CHART tab based on selected pair/CFD
HIDES selected pair/CFD
HIDES ALL pairs/CFDs
SHOWS ALL pairs/CFDs
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


 The MARKET WATCH window has two tabs as follows:
 Tick Chart Tab: Shows a tick chart based on transactions and last bid price.
 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



Opens NEW ORDER window based on tick chart window
Opens new chart window based on tick chart

Add/remove ASK price line to tick chart
Applies/removes GRID lines


Familiarizing Yourself with the Navigator Window
 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
 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



Creates a new demo/practice account.



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


 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.



Apply selected Indicator to selected chart
Add selected indicator to Favorites tab
Creates a keystroke to apply to selected chart.


 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


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



Applies the MACD Sample to the selected chart
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
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.



 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



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


 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.



Enables the end user to create custom indicators
Creates/sets a hotkey to initiate the selected indicator

Online resources to investigate and possibly modify
/integrate the Custom Indicator.



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



 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.



Enables the end user to create custom scripts
Creates/sets a hotkey to initiate the selected script

Online resources to investigate and possibly modify/integrate the script



Executes the selected command to the selected chart
To delete the selected script from the Scripts expanded list

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 Terminal Window
 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.



The Trade tab shows the current account statistics,
including open positions and pending orders.

The Account History tab displays all closed trades, summarized
with the profit and losses, credits, deposits and withdrawals bar

The Alerts tab lists all alerts created

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 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.



OPEN POSITIONS: All open
positions are listed above the
statistics line, with long positions
indicated with a blue circle on
Long positions indicated with a blue circle on the bottom right corner of the
the bottom right corner of the order ticket order ticket and short positions
with a red circle on the order
ticket, under the Orders column.

Short positions indicated with a red circle on
the bottom right corner of the order ticket
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

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


 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)



a b c d e f g h i j k l m n


 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.



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.


 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)



a b c d e f g h i j k l m n o


 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


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


 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.



a
b
c d e
f
g h

i


 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



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


 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).



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 Charting Window
 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


 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


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.

a
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 add more charting information to the chart, in lieu of details.

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


 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


Preconfigured colour scheme layout for selected chart

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.


 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



a g
b h
c i
d
j
k
e l
f m
n
o


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.


a b

c d


 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


Order Types – Market Execution
 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)


Order Types – Market Execution

a
b

c
d

e


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.

Order Types – Pending Order

a
b
c d
e
f

g
h j
i


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.



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



a

b
c
d e

f


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).
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



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



a

b
c d
e

f


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


Closing Open Trades

Double click the specific open
position line to CLOSE the order
OR
Right click the order and select
CLOSE ORER


Closing Open Trades

a
b

c
d

e f
g


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
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



Double click the specific Pending
Order to CLOSE the order
OR
Right click the order and select
MODIFY OR DELETE ORER



a

b
c d
e

f


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,


Trailing Stops

To activate the Trailing Stop
function, select the order and
right click, then select TRAILING
STOP


Trailing Stops

Deletes existing trailing stops
initiated for all orders

Deletes the existing trailing stop
for the specific order

Points to be trailing position (once
filled, if applicable)

Customizable trailing stop
level in points (once
filled, if applicable)


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


Main Menu Features

The HELP tab provides a
reference to using the platform

The WINDOWS tab is designed to re-arrange windows in preconfigured
fashion and/or selecting a specific window to be the active window

General instructions and platform settings

The CHARTS tab configures the characteristics,
parameters and properties associated with charts.

The INSERT tab adds indicators, studies
and drawings to the selected charts

The VIEW tab shows/removes what
can actually be seen on the platform

The FILE tab oversees the general
parameters and features of the platform


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


Main Menu Features – File Tab

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)
Opens a historical chart of the pair/CFD without requiring an internet connection to the servers.
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
Saves platform or the last selected charting window as a picture file

Creates a new demo/fictitious account
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 – 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


 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



Change the language (Requires a restart of the platform for changes to take affect).
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 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

Show/hide NAVIGATOR window

Show/hide TERMINAL window

Show/hide STRATEGY TESTER

Display only charts or show all other
windows


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 – 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


Main Menu Features – Insert Tab

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 – 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



 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


Displays the current Indicators used on the selected chart as well as the ability to modify
their parameters and delete them.
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.

Switches the current chart style to Bar Charts
Switches the current chart style to Candlestick Charts
Switches the current chart style to Line Charts
Moves the chart data either to the forefront or background of all drawings or objects.
Changing of the current timeframe of the chart
To Save, Load or Remove a charts’ parameters as a Template or apply to other charts.
To reload the data to the chart

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


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



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.



a b c d e f g h


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.


Main Menu Features – Window Tab

Opens a new charting window.
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

Clicking on any one of these pairs/CFDs
will open a new charting window.


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.


Main Menu Features – Help Tab

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..


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.


Tool Bars - Standard

Enables/Disables the use of Expert Advisors

Opens Expert Advisor MetaEditor window

Opens Order Entry window

Open/Close Strategy Tester window

Open/Close Terminal window

Open/Close Navigator window

Open/Close Data Window

Open/Close Market Watch window

Access to various profiles
Opens new chart with selected pair/CFD

Tool Bars - Charts

Applying template properties to selected charts

Changes the chart timeframes

Quick implementation of selected indicators, oscillators and studies to selected charts

Enables/disables extra space to the right side of the chart

Enables/disable scrolling of chart data based on the formation of each new bar

Zoom out of chart data

Zoom into chart data

Switches selected chart to line chart

Switches selected chart to candlestick chart
Switches selected chart to bar chart

Tool Bars – Line Studies

Enables adding arrow and other characters to the chart

Enables adding text labels on the chart

Enables adding text notes on the chart

Enables drawing of Fibonacci retracement lines on the chart

Enables drawing of equally spaced channel lines on the chart

Enables drawing of trend lines on the chart

Enables drawing of horizontal lines on the chart

Enables drawing of vertical lines on the chart

Changes pointer to crosshairs to identify x and y axis point on the charts
Reverts all prior select pointer selections back to default.

Tool Bars – Line Studies

Changes selected chart to Monthly intervals

Changes selected chart to Weekly intervals

Changes selected chart to Daily intervals

Changes selected chart to 4 Hour intervals

Changes selected chart to 1 Hour intervals

Changes selected chart to 30 Minute intervals


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.


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MT4/Wealth Trade Fx Platform Guide By William Cheung