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Meta Trader Terminal

The Terminal window is a separate service window of the client terminal in addition to the Market Watch window and the Navigator window. This window can be enabled/disabled from the main menu (View -> Terminal), by pushing the key combination Ctrl+T or by clicking the button  Terminal button in MetaTrader 4  on the toolbar.

The information shown in the terminal is grouped into several sections:

Trade

The Trade section contains information on the current status of your account as well as a list of open positions and pending orders.

Trade section in MetaTrader 4

The following functions are accessible from the context menu:

  • New order

    Open the dialogue box for setting orders.

  • Close order

    Open the dialogue box for closing orders.

  • Modify or Delete Order

    Modify the levels of Stop Loss or Take Profit, change the level of a Pending Order or delete a pending order.

  • Trailing Stop

    Change the Trailing Stop level. Select the value of Trailing Stop (from 15 to 80 pips) in the sub-menu, or select None to deactivate the Trailing Stop function for the selected order, or Delete All to deactivate the Trailing Stop function for all orders.

  • Profit

    Show the profit/loss in Points, Term Currency or Deposit Currency.

  • Commissions

    Show/hide the Commissions column.

  • Taxes

    Show/hide the Taxes column.

  • Comments

    Show/hide the Comments column.

  • Auto Arrange

    Automatic sizing of the columns when changing the trading terminal window size.

  • Grid

    Show/hide the gridlines between columns.

Account History

The list of deals made on the current account is placed In the Account history section.

Account history section in MetaTrader 4

Using the context menu you can filter the list of operations as follows:

  • All History

    Displays the history of all trades done.

  • Last 3 Months

    Displays the history of all trades done during the last 3 months.

  • Last Month

    Displays the history of all trades done during the last month.

  • Custom Period

    Allows the user to customize the period of trades to be displayed.

  • Save as Report

    The current list can also be stored on the hard disk as a report in HTML format by selecting Save as Report from the context menu .

  • Save as Detailed Report

    Account history section in MetaTrader 4The current list can also be stored on the hard disk as a report in HTML format by selecting Save as Detailed Report from the context menu.

  • Commissions

    Show/hide the Commissions column.

  • Taxes

    Show/hide the Taxes column.

  • Comments

    Show/hide the Comments column.

  • Auto Arrange

    Automatic sizing of the columns when the trading terminal window size is changed.

  • Grid

    Show/hide the gridlines between columns.

News

The News section contains the list of news items announced during the session.

News section in MetaTrader 4

  • View

    A news item can be read by double-clicking it with the left mouse button, or by using the context menu and selecting the View item.

  • Copy News context menu in MetaTrader 4

    A news item can be copied by using the right mouse button.

  • Auto Arrange 

    Automatic column sizing when changing the trading terminal window size.

  • Grid

    Show/hide the gridlines between columns.

Alerts

The list of the defined signals is contained in the Alerts section. Having defined the signal, a trader can safely leave the monitor. The MetaTrader will alert the trader by giving out a sound signal or by executing an .exe file to indicate that some condition was performed.

Alerts section in MetaTrader 4

The contextual menu includes the following functions:

  • Create Alerts section context menu in MetaTrader 4

    Creates a new alert and inserts it at the terminal.

  • Modify

    Modify an existing alert (equivalent to double-clicking on alert).

  • Delete

    Delete an existing alert.

  • Enable On/Off

    Equivalent to on/off alert.

  • Auto Arrange

    Automatic sizing of the column width.

  • Grid  

    Show/hide the gridlines between columns.

When creating or modifying an alert, any executable or associated file type registered in Windows (wav, exe, etc.) may be selected as an event alert reaction via Alert Editor as shown below.

Creating or modifying an alert in MetaTrader 4

The Alert Editor contains the following configurable fields:

Enable – enable/disable the alert

Action – sound, file, mail options

Symbol – instrument

Condition – (time, bid<, bid>, ask<, ask>)

Value – when desired price is reached, the alert will be activated

Source – sound, file, mail source options

Timeout – Frequency of the alert

Maximum iterations – repetition of the alert

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