Skip to main content

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


​

Did this answer your question?