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Metatrader Guide 2026 Part Three

If you want to go back to the first page: Metatrader Guide Part One

Metatrader Guide 2026 Part Three

MT4 Tips & Tricks

Double Click

Double click to move elements in the chart

To move elements in the graph, such as a line, you need to activate them by double-clicking on the element in question.

We will then be able to move the elements by dragging them with the mouse.

Activation is confirmed by the presence of a small square at the end of the element (in the image, the colored line).

Once activated, you can access a whole host of other adjustments by right-clicking, such as color, line thickness, and other settings.

This is a general way of trading on MT4 and also applies to indicator settings.

The Price of MT4

Metatrader Trick: MT4 Price

This is a topic that often creates great confusion.

How do you interpret the MetaTrader price?
Is the value the same or different from that of brokers?

Let’s see an example.

Let’s read the price of the currency pair

By looking at the real-time price, we can see the value of the currency pair.
In the figure, for example, the euro is currently worth 1.37335 times the dollar.

But what happens simultaneously in the broker’s price?

You might think it should be identical, or almost.

But no, it doesn’t always match, and this difference can even be significant.

The level of 1.37353 on a popular broker being examined, on the left, corresponds to 1.37342 on MT4, on the right.

Real-Time Comparison: Broker vs. MT4

A difference of approximately 1 pip .

Can this affect our trading?

No, if we know the reason.

The broker’s price corresponds to the value he is offering at that moment.

If an uptrend is predicted, the broker’s software may increase the price; conversely, if a downtrend is predicted, it may decrease it.

It is therefore important to always look at the price offered by the broker and decide accordingly.

Let’s remember that, generally, the difference between the broker’s price and that of MT4 (but also of other platforms) remains almost constant.

If, for example, in this case it is about one pip, it will normally maintain approximately this difference over time.

One more example

After entering a trade with a one pip difference, at the close of the trade we will always have the same difference of approximately one pip.

This means that our trading, in most cases, will not be significantly affected.

How to install indicators on MT4

In this additional part of the Metatrader guide we remind you how to install custom indicators.

If necessary, you can also consult the page:

Installing Custom Indicators

Installing MT4 Indicators

If you haven’t already done so, download the file with the extension:

MQ4
or
EX4

on your computer.

Procedure

  1. Launch MetaTrader 4
  2. From the main menu at the top click on:

File → Open Data
Folder

  1. A window will appear with the folder:

MQL4

Want to receive our trading signals?

ACCESS THE SIGNALS

Open it and click on:

Do you want to receive our signals?

ACCESS THE SIGNALS

 

Indicators

  1. By copying and pasting (or dragging and dropping), insert your indicator file here.

The template file with extension:

.tpl

must be inserted into the folder:

templates

Important

Close MT4 and reopen it.

Otherwise, the indicator will not be displayed.

Returning to the main MT4 window, below:

Navigator → Custom Indicators

you will find your newly inserted indicator.

The template file (.tpl) is also installed using the same procedure, naturally in the templates folder .

An Alternative to MT4: TradingView

One platform available in various languages, including Italian, is TradingView .

As you can see from the image, it offers a clear and complete graph.

To learn more, simply visit the site and register for free.

The PRO version is paid and does not contain advertising banners, which however in the free version are not particularly invasive.

Without going into technical details, let’s briefly see the reasons that may lead us to choose it as an alternative (or in combination) with MT4.

Anyone familiar with Metatrader will immediately understand the importance of these differences.

Metatrader vs TradingView

POINTS IN FAVOR compared to MT4

  • Correct chart time thanks to adjustable time zone
  • Wide choice of timeframes, including M3, M45 etc.
  • Sharing and publishing experiences between traders
  • Can be used immediately without downloading and installing any software

CONS compared to MT4

  • No possibility to install custom indicators (like EX4 files)
  • Less widespread and known among some traders
  • Less choice of preset indicators than MT4

To learn more, you can visit the official TradingView website and select Italian.

Metatrader Errors

Metatrader is a professional platform used by most traders.

But have you ever wondered how reliable the Metatrader chart is?

To learn more about this topic, you can consult a review of potential platform issues based on direct trader experience. (See “Metatrader Errors” in the top menu.)

Conclusion

Of course, this Metatrader guide for binary options does not contain everything there is to know about the MT4 platform.

In any case, our goal was to provide basic knowledge for binary options trading, avoiding those initial problems that can delay or compromise the implementation of your strategy.

This Metatrader 4 guide has been created to provide a set of useful information for trading binary options in general.

It also contains the basic elements needed to trade binary options using MT4.

The Metatrader 4 platform should be used as a reference to the broker’s platform.

Our Aston Martin strategy uses specific indicators to be installed on MT4.