setting up mt4/mt5 - the cash kings forex · enter the volume you would like to use: please refer...

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SETTING UP MT4/MT5

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Page 1: SETTING UP MT4/MT5 - The Cash Kings Forex · Enter the volume you would like to use: Please refer to the education webinar on PIP values and volume if you are not sure what to enter

SETTING UP MT4/MT5

Page 2: SETTING UP MT4/MT5 - The Cash Kings Forex · Enter the volume you would like to use: Please refer to the education webinar on PIP values and volume if you are not sure what to enter

Forex Kings Pty Ltd 2020This book is the property of Forex Kings. You may not, by law,

reproduce or copy any of the content in this book.All legal measures have been taken to protect ourselves, Forex Kings,

from such a situation.

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Page 3: SETTING UP MT4/MT5 - The Cash Kings Forex · Enter the volume you would like to use: Please refer to the education webinar on PIP values and volume if you are not sure what to enter

Select Your Colour Scheme1Right Click On The Chart And Select ‘Properties’.

SETTING UP MT4/MT5

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Page 4: SETTING UP MT4/MT5 - The Cash Kings Forex · Enter the volume you would like to use: Please refer to the education webinar on PIP values and volume if you are not sure what to enter

You can then go through and select the colour scheme you would like to use for your charting.

You now want to save your template; choose a name for your template.

Save Your Chart Template2

On the common tab in the top right, select ‘Candle Sticks’.

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Page 5: SETTING UP MT4/MT5 - The Cash Kings Forex · Enter the volume you would like to use: Please refer to the education webinar on PIP values and volume if you are not sure what to enter

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Right click on the currency pair in the market watch tab. Then select ‘chart window’

Once the currency pair has been added to your dock (underneath your chart), right click on the chart and select ‘load template’

Load the template you created on the previous chart.

Add Currency Pair To Your Dock3

Page 6: SETTING UP MT4/MT5 - The Cash Kings Forex · Enter the volume you would like to use: Please refer to the education webinar on PIP values and volume if you are not sure what to enter

Can’t Find Your Symbol?4

If the symbol you want to trade is not in your market watch, you need to right click and select ‘SHOW ALL’. This will show you all of the tradable products on the MT4 Platform.

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Page 7: SETTING UP MT4/MT5 - The Cash Kings Forex · Enter the volume you would like to use: Please refer to the education webinar on PIP values and volume if you are not sure what to enter

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COMMON QUESTIONSMt4 Will Not Let Me Trade On The Currency Pair?• You are possibly trading on the wrong product. As you are on a ecn account,

you need to trade the currency pair with ecn at the end. For example EURUSDecn

• Tofindthesecurrencypairsyouneedtorightclickonthemarketwatchandselect ‘SHOW ALL’

Placing Your First Trade Mt4

Currency Pair:

Page 8: SETTING UP MT4/MT5 - The Cash Kings Forex · Enter the volume you would like to use: Please refer to the education webinar on PIP values and volume if you are not sure what to enter

Toplaceyourfirsttrade,rightclickonthecurrencypairinthemarketwatcharea and select ‘NEW ORDER’.

Enter the volume you would like to use: Please refer to the education webinar on PIP values and volume if you are not sure what to enter.

Enteryourstoplossandtakeprofit,andpresseitherBUYbymarketorSELLby market.

Congratulations, you have now placed your first trade! You’re now ready to join us on The Trading Floor. See you on the live chat!

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