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Get started with MetaTrader 4 with our beginners' guide. Learn MT4 essentials such as managing stop loss and take profit and setting trade alerts.
When was MetaTrader 4 (MT4) developed and released?
A.1999
B.2005
C.2010
D.2015
Which company developed and released MT4?
A.Apple Inc.
B.Google LLC
C.MetaQuotes Software Corp.
D.Microsoft Corporation
Which of the following financial markets can be accessed using MT4?
A.Forex
B.Cryptocurrency
C.Commodities
D.All of the above
How can a trader open a new trade on MT4?
A.Left-click on the instrument in Market Watch
B.Right-click and select "New Order"
C.Double-click on the chart
D.None of the above
How can a trader modify stop loss and take profit orders on MT4?
A.By accessing the "Order" column and selecting "Modify or Delete Order"
B.By closing and reopening the MT4 platform
C.By contacting customer support
D.By reinstalling the MT4 software
What does the "Account History" in the Terminal window display?
A.Live bid/ask prices
B.Economic news notifications
C.Trading history
D.Charting tools
How can a trader set trade alerts on MT4?
A.By accessing the "Account History" tab
B.By clicking on "Market Watch"
C.By right-clicking in the "Alerts" tab and selecting "Create"
D.By navigating to the "Expert Advisors" panel
What should traders be cautious about when using EAs?
A.Enabling automated trading
B.Verifying their source and functionality
C.Applying them to multiple accounts simultaneously
D.Using them exclusively for forex trading
How can a trader install indicators on MT4?
A.By accessing the "Account History" tab
B.By clicking on "Market Watch"
C.By right-clicking in the "Alerts" tab and selecting "Create"
D.By navigating to the "Expert Advisors" panel
Get started with MetaTrader 4 with our beginners' guide. Learn MT4 essentials such as managing stop loss and take profit and setting trade alerts.
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