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How to Use the Terminal Window in MetaTrader 4

How to Use the Terminal Window in MetaTrader 4

The terminal window, located at the bottom of the platform window, provides an overview of various features across multiple modules including trade, account history, news, alerts, mailbox, and journal.

Each tab offers distinct functionality designed to support different aspects of trading operations.

What does the Trade tab show?


The trade tab displays active and pending orders along with their entry prices and current profit or loss. This real-time overview enables traders to monitor their open positions continuously.

How do I view closed positions?


Click the Account History tab to see all your closed trades. This feature maintains a comprehensive log of completed trades for reference and analysis.

How do I set price alerts?


The alerts tab enables users to set up signals for a market to reach a certain price.

Step 1 - Click the Alerts tab

Step 2 - Set your desired price level

Step 3 - The platform notifies you when the market reaches that price

How do I find account messages?


The mailbox tab allows traders to receive messages and updates about account-related matters.

Check the Mailbox tab for:

  • Account updates

  • Important notifications

  • System messages

How do I access trading tools?


Market tab

The market tab provides access to hundreds of ready-made trading robots (Expert Advisors), technical indicators, and other features.


Code Base tab

Through the codebase tab, users can access and download published code from the MQL4 community

Step 1 - Browse the MQL4 community library

Step 2 - Download:

  • Expert Advisors

  • Custom indicators

  • Scripts

Step 3 - Add them directly to your charts

How do I monitor Expert Advisors?


The experts tab controls automatic trading techniques through expert advisors

The Experts tab shows:

  • EA activity details

  • Position openings and closings

  • Order modifications

  • Real-time EA performance

What does the journal tab record?


The journal tab displays all of the activity carried out by the trading platform, providing a complete audit trail of platform operations.

The Journal tab displays:

  • Login records

  • Trade executions

  • System events

  • Error messages


Key benefits

  • Real-time monitoring of all trades

  • Complete history of account activity

  • Quick access to trading tools

  • Automated alerts for price movements

  • Full transparency of platform operations

  • Each tab updates automatically as you trade


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