MetaTrader 4 (MT4) is one of the most popular trading platforms used by forex traders worldwide. It is known for its ease of use, robust functionality, and wide range of tools and indicators. One of the key features of MT4 is the ability to add forex pairs to the platform. In this article, we will discuss how to add forex to MT4.
Step 1: Open the Market Watch window
The first step to adding forex to MT4 is to open the Market Watch window. To do this, go to the “View” menu and select “Market Watch” or press the “Ctrl+M” shortcut key. This will open the Market Watch window, which displays the available forex pairs and other financial instruments.
Step 2: Right-click on the Market Watch window
Once the Market Watch window is open, right-click on it to access the context menu. This menu contains various options, including the ability to add forex pairs to the platform.
Step 3: Select “Symbols” from the context menu
From the context menu, select the “Symbols” option. This will open the “Symbol” window, which displays a list of all the financial instruments available on the platform.
Step 4: Select the forex pair you want to add
In the “Symbol” window, select the forex pair you want to add to the platform. You can use the search bar to quickly find the pair you are looking for. Once you have found the pair, select it and click on the “Show” button.
Step 5: Customize the forex pair settings
After clicking on the “Show” button, the “Symbol” window will display the settings for the selected forex pair. Here, you can customize the settings for the pair, including the lot size, pip value, and contract size. Once you have customized the settings, click on the “OK” button to add the forex pair to the platform.
Step 6: View the forex pair in the Market Watch window
Once you have added the forex pair to the platform, you can view it in the Market Watch window. The pair will be listed alongside the other financial instruments on the platform.
Step 7: Start trading the forex pair
With the forex pair added to the platform, you can start trading it. Simply double-click on the pair in the Market Watch window to open a new chart and begin trading.
Conclusion
Adding forex to MT4 is a simple process that can be completed in just a few steps. By following the steps outlined in this article, you can easily add forex pairs to the platform and start trading them. Whether you are a beginner or an experienced forex trader, MT4 offers a wide range of tools and features that can help you succeed in the markets. So, start adding forex pairs to your MT4 platform today and take your trading to the next level.
