Master the MT4 trading rules and start a successful trading journey.
The core interpretation of the MT4 trading rules table.
In the field of Forex trading, MetaTrader4(MT4) is undoubtedly one of the most popular trading platforms in the world. It has won the favor of countless traders with its powerful features, rich tools and friendly interface. To really take advantage of MT4, you must be familiar with and follow its trading rules. These rules are not only the basis for the operation of the platform, but also the key to ensure the smooth operation of transactions.
1.1MT4 Account Types and Rules
Before using MT4, you need to choose the account type that is right for you. The MT4 platform typically offers a variety of account types, including standard accounts, mini accounts, micro accounts, and fragmented accounts. Each account type has its own unique rules and characteristics:
Standard account: suitable for well-funded traders, usually based on 100000 units of trading volume, with small spreads, but relatively fixed leverage.
Mini account: suitable for novice or limited capital traders, the minimum trading volume is 0.01 lots, the leverage ratio is flexible, but the spread may be slightly higher.
Micro account: The minimum trading volume is 0.001 lots, suitable for small traders, the leverage ratio is usually higher, but the spread may be larger.
Scattered account: allows traders to trade with non-standard trading volume, suitable for traders with individual needs.
When choosing an account type, you need to decide based on your own funds, trading strategy and risk tolerance. You also need to comply with the platform's specific rules for each account type, such as leverage limits, spread adjustments, etc.
1.2MT4 Order Types and Rules
In the MT4 platform, there are a variety of order types, including market orders, limit orders, stop orders, take profit orders, pending orders, etc. Each order type has its own specific rules and application scenarios:
Market Order: An order that is immediately filled at the current market price, suitable for traders who need to enter quickly.
Limit order: An order to be filled at a specified price or better, suitable for traders who wish to buy or sell at a specific price.
Stop Loss Order: Automatically triggers a stop loss when the market price reaches a specified price to limit a loss-making order.
Take Profit Order: An order that automatically triggers take profit when the market price reaches a specified price to lock in profit.
Pending orders: Orders that remain waiting until the specified price is reached, including buy stop loss, sell stop loss, buy take profit and sell take profit.
When using these order types, you need to strictly abide by the rules of the platform, such as the expiration date of the order, the priority of the order, and so on. The platform may place restrictions on certain order types, such as limiting the use of pending orders when the market is highly volatile.
1.3MT4 Time Frame and Rules
The MT4 platform supports a variety of time frames, ranging from 1 minute to months. Choosing the right time frame is an important step in developing a trading strategy. Here are the rules for several common time frames:
1-minute chart: Suitable for short-term traders, able to capture short-term market fluctuations, but the data is too frequent and susceptible to noise interference.
5-minute chart: Suitable for short-and medium-term traders, able to observe market trends in a relatively short period of time while reducing data noise.
15-minute chart: suitable for mid-line traders, able to capture medium-term market trends, suitable for intraday trading.
1 hour chart: suitable for mid-line traders, able to observe the main trends of the market, suitable for swing trading.
4-hour chart: suitable for long-term traders, able to capture the long-term trend of the market, suitable for trend trading.
Daily chart: suitable for long-term traders, able to observe the long-term trend of the market, suitable for value investment.
When choosing a time frame, you need to decide based on your trading style and goals. You also need to comply with the platform's restrictions on time frames, for example, some tools or metrics may only be available for a specific time frame.
1.4MT4 Risk Management and Rules
Risk management is key to trading success, and the MT4 platform provides a variety of tools and rules for this purpose. The following are some common risk management rules:
Stop Loss and Take Profit: The platform forces traders to set stop loss and take profit to limit losses and lock in profits.
Leverage ratio: The platform sets an upper limit on the leverage ratio to prevent the high risk caused by excessive leverage.
Position size: The platform sets limits on the size of individual positions to prevent over-concentration risk.
Allocation of funds: The platform recommends traders to diversify their funds across multiple trading instruments to reduce risk.
Compliance with these risk management rules is an important guarantee for the long-term stability of trading accounts. You also need to adapt your risk management strategy to market changes in time to respond to different market environments.
1.5MT4 Technical Analysis and Rules
The MT4 platform provides a wealth of technical analysis tools to help traders develop trading strategies. Here are some common rules for technical analysis:
Indicators and Charts: The platform supports a variety of technical indicators and chart types, such as Moving Average, MACD, RSI, Bollinger Bands, etc. Traders can generate trading signals based on these tools.
Time period: The application of technical analysis tools needs to combine time periods. The signals of different time periods may be different and require comprehensive analysis.
Signal Confirmation: The platform advises traders to confirm the validity of the signal before trading, for example by cross-validation of multiple indicators.
By judicious use of these technical analysis tools, you can more accurately capture market trends and trading opportunities. You also need to choose the right technical analysis method according to your trading style and goals.
1.6MT4 Market Depth and Rules
The MT4 platform provides the Depth of Market feature to help traders understand the status of market orders. Here are the market depth rules:
Buy and sell orders: Market Depth shows the bid and ask prices in the current market, as well as the corresponding order quantities. Traders can judge the buying and selling power of the market based on market depth.
Order matching: The platform automatically matches orders based on market depth to ensure fairness and transparency of transactions.
Order Withdrawal: Traders can withdraw unfilled orders to adjust their trading strategies.
With the Depth of Market feature, you can more accurately determine the buying and selling power of the market and make more informed trading decisions.
1.7MT4 Server Selection and Rules
The MT4 platform provides multiple trading servers, allowing traders to choose the right server for their geographical location and trading needs. The following are the server selection rules:
Server stability: Choosing a stable server can ensure the smooth progress of transactions and avoid transaction interruptions caused by server failures.
Latency and speed: Choosing a server with low latency can reduce the time of transaction execution and improve transaction efficiency.
Data synchronization: The platform recommends traders to synchronize server data regularly to ensure the accuracy and consistency of trading information.
By choosing the right server, you can get a better trading experience while ensuring the smooth progress of the transaction.
Advanced techniques for familiarizing yourself with the MT4 trading rules table
After mastering the basic content of the MT4 trading rules table, you need to further familiarize yourself with its advanced techniques to improve your trading level.
2.1MT4 Automated Trading Rules
The MT4 platform supports automated trading, I .e. trading using Expert Advisors (EAs). Here are the rules for automated trading:
EA Development: Traders can write an EA using the scripting language of the MT4 platform, or use an off-the-shelf EA program.
EA parameter setting: The EA's parameters need to be adjusted according to the market environment and trading strategy to ensure its effectiveness and stability.
EA monitoring: The platform recommends traders to regularly monitor the running status of the EA, adjust parameters or stop the EA in time to respond to market changes.
By using automated trading features, you can execute trading strategies more efficiently while reducing the interference of human emotions.
2.2MT4 Signal Service Rules
The MT4 platform supports the signal service function, and traders can trade by subscribing to the signals of the signal provider. The following are the signal service rules:
Signal Subscription: Traders can choose the right signal provider based on their trading strategy and goals.
Signal replication: The platform supports signal replication, and traders can automatically replicate the trading operations of the signal provider.
Signal evaluation: The platform advises traders to evaluate the trading history and performance of the signal provider in order to select a reliable signal source.
By using the signal service function, you can use the trading experience of others to improve your trading level.
2.3MT4 Market Depth Advanced Rules
The depth of market function plays an important role in advanced trading. Here are the market depth advanced rules:
Order Book Analysis: By analyzing the market depth of buy and sell orders, traders can determine the supply and demand relationship and trend direction of the market.
Order type identification: The platform supports the identification of large and small orders to help traders determine the main trend of the market.
Market sentiment analysis: Through changes in market depth, traders can judge the market's buying and selling sentiment and make more informed trading decisions.
By analyzing the depth of the market, you can more accurately capture market opportunities while avoiding blind trading.
2.4MT4 server optimization rules
Server selection has a significant impact on trading experience and results. The following are the server optimization rules:
Server switching: The platform advises traders to switch between different servers to find the most suitable trading environment for them.
Server testing: Traders can use the testing capabilities provided by the platform to evaluate the performance and stability of different servers.
Server monitoring: The platform recommends that traders regularly monitor the status of the server and respond to possible failures or delays in a timely manner.
By optimizing the server settings, you can get a better trading experience while ensuring the smooth progress of your transactions.
2.5MT4 Trading Strategy Rules
Developing an effective trading strategy is the key to successful trading. Here are the rules for making trading strategies:
Strategy consistency: Trading strategies need to be consistent and avoid frequent adjustments due to market fluctuations.
Strategy Testing: The platform supports strategy testing, allowing traders to verify the effectiveness of their strategies through historical data.
Strategy Optimization: Traders can gradually optimize their trading strategies based on market changes and trading results.
By developing and optimizing your trading strategy, you can trade more systematically while increasing your winning rate.
2.6MT4 Risk Management Advanced Rules
Risk management is an important guarantee for the success of trading. The following are the high-level rules for risk management:
Dynamic adjustment: The platform recommends that traders dynamically adjust stop loss and take profit according to market changes and account conditions.
Money management: Traders need to allocate their funds appropriately and avoid over-concentration risk.
Risk Assessment: The platform recommends that traders regularly assess their risk tolerance and adjust their trading strategies in a timely manner.
By strictly following risk management rules, you can effectively control your trading risks while protecting your trading account.
2.7MT4 Technical Analysis Advanced Skills
Technical analysis is an important tool for traders. The following are advanced tips for technical analysis:
Multi-indicator combination: By combining multiple technical indicators, traders can analyze market trends more comprehensively.
Pattern recognition: The platform supports a variety of pattern recognition functions to help traders capture market inflection points.
Time cycle combination: Traders can comprehensively judge market trends based on the results of technical analysis of different time cycles.
By mastering the advanced skills of technical analysis, you can more accurately capture trading opportunities while avoiding misjudging market movements.
2.8MT4 Trading Psychology and Rules
Trading psychology is one of the key factors for trading success. Here are the rules of trading psychology:
Emotion control: Traders need to remain calm and avoid making wrong decisions due to mood swings.
纪律性：交易者需要严格遵守交易计划和风险管理规则，避免随意更改策略。
耐心与信心：交易者需要保持耐心，相信自己的交易策略，等待合适的交易机会。
通过培养良好的交易心理，您可以更稳定地进行交易，同时提高交易的胜率。
2.9MT4交易记录与规则
交易记录是交易者的重要工具。以下是交易记录规则：
交易日志：平台支持交易日志功能，帮助交易者记录每次交易的细节和结果。
绩效评估：交易者可以通过交易记录评估自己的交易绩效，发现不足并进行改进。
策略优化：交易者可以根据交易记录优化交易策略，提高交易的胜率。
通过合理使用交易记录，您可以更系统地进行交易，同时提高交易的效率。
2.10MT4交易社区与规则
MT4平台拥有庞大的交易社区，交易者可以在这里交流经验、分享策略。以下是交易社区规则：
信息共享：交易者可以分享自己的交易经验和策略，帮助他人提升交易水平。
风险管理提示：平台建议交易者在社区中谨慎交流，避免因盲目跟随他人策略而承担风险。
规则遵守：交易者需要遵守社区规则，避免发布违规内容。
通过参与交易社区，您可以扩展自己的交易网络，同时获取更多的交易信息和资源。
Summary
MT4交易规则表是交易者使用MT4平台的基础，也是确保交易顺利进行的关键。通过熟悉并遵守这些规则，您可以更高效地进行交易，同时提高交易的胜率。无论是新手还是资深交易者，都需要不断学习和适应MT4平台的规则和变化，以保持自己的交易优势。希望本文能够帮助您更好地掌握MT4交易规则表，开启您的成功交易之旅！
