MT4 Stock Trading Platform Software Tutorial
MT4 Data window shows information about a stock price, for a specified candlestick period. For example the trading charts below, shows how to select the data window from the view menu options.(Ctrl+D is the shortcut key for displaying the data window without having to access it from the view menu)
Data Window - MT4 Stock Trading Software
Once the data window is selected it will display, the following information about a stock price.
The following data for stock is shown:
- Stock Chart
- Open Stock Price
- Close Stock Price
This data will show information for a particular candlestick, by scrolling your mouse over the candlesticks on a Stock chart this data will change to reflect the stocks price candlestick that the mouse has pointed at.
The data widow is not popularly used in the MT4 Stock Trading Platform as compared to the other MT4 stock chart windows. However as a stock trader you can use this data window to extract and display information and data about any stocks price candlestick and the stock prices associated with this candlestick such as the opening stocks price data, closing stocks price data and high and low of stock price.
Because most traders can obtain this information directly from the charts, then the stock traders may prefer to use the information that is readily available on the Stock chart within the MT4 stocks trading platform software interface.
Another method to get this data is to use the Cross Hair Mouse Pointer, To get the Cross Hair Mouse Pointer a stock trader only requires to press down and hold down the wheel mouse button and the cross Hair will appear. If your mouse does not have a wheel button, please go and buy another one so that you can trade the MT4 cross hair. and from this Cross Hair a stock trader can get the stocks price data as shown below.
Cross Hair Tool - MetaTrader 4 Stock Software
From the Cross Hair above the vertical line will show data on the date for the current candlestick, the horizontal line will show stocks price at that particular point on the chart. For the above example of Stock chart you can see that the date is 2013.10.31 4:00GMT and the Stock Price is shown for the selected point. The Open, High, Low, Close and Volume as well as Date is Shown Just below the Charts tab at the bottom of the MT4 Stock Trading Platform Software, Marked as O: H: L: C: V: therefore the cross hair is a shortcut method of viewing data instead of going to the Data Window of the MetaTrader 4
A stock trader can even click one point, hold down the mouse and move the mouse to another chart point to measure the pip movement of stocks price from point a to point on the Stock charts in the MT4 Stock Software as Shown below.
Using Cross Hair Tool to Measure Pip Stock Price Movement
Cross Hair Data Tool on MT4 Stock Software