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 |
Where 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:
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
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