{"id":2361,"date":"2026-03-03T14:08:36","date_gmt":"2026-03-03T14:08:36","guid":{"rendered":"https:\/\/oneroyal.academy\/?p=2361"},"modified":"2026-03-03T14:08:36","modified_gmt":"2026-03-03T14:08:36","slug":"trading-platforms-how-to-guide-mt4","status":"publish","type":"post","link":"https:\/\/www.oneroyal.academy\/en\/getting-started\/trading-platforms-how-to-guide-mt4\/","title":{"rendered":"Trading Platforms (How to Guide) &#8211; MT4"},"content":{"rendered":"<h2><b>Trading Platforms We Offer<\/b><\/h2>\n<p>OneRoyal provides access to three powerful and reliable trading platforms trusted by traders worldwide:<\/p>\n<ul>\n<li><b>MetaTrader<\/b><b> 4 (MT4) <\/b>\u2013 The industry-standard platform known for its simplicity and stability.<\/li>\n<li><b>MetaTrader<\/b><b> 5 (MT5<\/b>) \u2013 The next-generation platform with enhanced tools, faster execution, and advanced charting.<\/li>\n<li><b>orTrader<\/b> \u2013 Our modern, intuitive trading platform designed for a seamless trading experience across devices. These platforms allow traders to trade Forex, Commodities, Indices, Cryptocurrencies, and more with fast execution and top-tier security.<\/li>\n<\/ul>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-2363 size-full\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture2.png\" alt=\"\" width=\"256\" height=\"268\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture2.png 256w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture2-11x12.png 11w\" sizes=\"(max-width: 256px) 100vw, 256px\" \/> <img decoding=\"async\" class=\"alignnone wp-image-2364 size-full\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture1.png\" alt=\"\" width=\"407\" height=\"407\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture1.png 407w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture1-300x300.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture1-150x150.png 150w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture1-12x12.png 12w\" sizes=\"(max-width: 407px) 100vw, 407px\" \/><img decoding=\"async\" class=\"alignnone wp-image-2362 size-full\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture3.png\" alt=\"\" width=\"293\" height=\"218\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture3.png 293w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture3-16x12.png 16w\" sizes=\"(max-width: 293px) 100vw, 293px\" \/><\/p>\n<h2><b>MetaTrader<\/b><b> 4 (MT4)<\/b><\/h2>\n<p>MT4 is one of the world\u2019s most popular trading platforms, designed for Forex, CFDs, and commodities.<\/p>\n<p>It offers fast execution, advanced charting tools, and user-friendly order management \u2014 suitable for both beginners and experienced traders.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-2365 size-large\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture4-1024x413.png\" alt=\"\" width=\"800\" height=\"323\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture4-1024x413.png 1024w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture4-300x121.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture4-768x310.png 768w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture4-18x7.png 18w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture4.png 1239w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<h2><b>How to Download MT4<\/b><\/h2>\n<p><b>Desktop:<\/b><\/p>\n<ol>\n<li>Visit the OneRoyal website.<\/li>\n<li>Navigate to <i>Platforms \u2192 MT4<\/i>.<\/li>\n<li>Scroll down towards the end of the page and download and install the MT4 version depending on your device.<\/li>\n<\/ol>\n<p><b>Mobile:<\/b><\/p>\n<ol>\n<li>Open the <b>App Store<\/b> or <b>Google Play<\/b>.<\/li>\n<li>Search <b>MetaTrader<\/b><b> 4<\/b>.<\/li>\n<li>Download and install the app.<\/li>\n<\/ol>\n<h2><b>How to Log In to MT4<\/b><\/h2>\n<p>To log in:<\/p>\n<ol>\n<li>Open MT4.<\/li>\n<li>Go to <b>File \u2192 Login to Trade Account<\/b>.<\/li>\n<li>Enter your:<br \/>\n\u2022 <b>Login number<\/b><br \/>\n\u2022 <b>Trading password<\/b><br \/>\n\u2022 <b>Server name<\/b> (as provided in your email)<\/li>\n<li>Click <b>Login<\/b> to connect.<\/li>\n<\/ol>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-2366\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture6-300x196.png\" alt=\"\" width=\"300\" height=\"196\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture6-300x196.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture6-18x12.png 18w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture6.png 421w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2368\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture5.png\" alt=\"\" width=\"217\" height=\"288\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture5.png 217w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture5-9x12.png 9w\" sizes=\"(max-width: 217px) 100vw, 217px\" \/><\/p>\n<h2><b>Introduction to the Basic Sections of MT4<\/b><\/h2>\n<p>MetaTrader 4 (MT4) is one of the most widely used trading platforms in the world. It is designed to be simple enough for beginners while offering powerful tools for more advanced traders.<\/p>\n<p>To navigate MT4 effectively, it\u2019s important to understand its four main sections:<\/p>\n<ol>\n<li><b> Market Watch<\/b><\/li>\n<\/ol>\n<p>Displays real-time Bid\/Ask prices for all available instruments.<br \/>\nFrom here, you can open charts, place new orders, and access symbol specifications.<\/p>\n<ol start=\"2\">\n<li><b> Charts<\/b><\/li>\n<\/ol>\n<p>Shows the price movement of any instrument you select.<br \/>\nYou can analyse the market using different timeframes, indicators, drawing tools, and chart styles.<\/p>\n<ol start=\"3\">\n<li><b> Navigator<\/b><\/li>\n<\/ol>\n<p>Provides quick access to your trading accounts, indicators, Expert Advisors, and scripts.<br \/>\nYou can easily drag indicators from the Navigator onto your chart.<\/p>\n<ol start=\"4\">\n<li><b> Terminal<\/b><\/li>\n<\/ol>\n<p>Your main control centre for monitoring trades and account activity.<br \/>\nIt shows open positions, account history, balance, margin levels, and important notifications.<\/p>\n<p>Together, these sections help you monitor the markets, analyse charts, place trades, and manage your entire trading activity from one platform.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-2369 size-full\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture8.png\" alt=\"\" width=\"478\" height=\"667\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture8.png 478w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture8-215x300.png 215w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture8-9x12.png 9w\" sizes=\"(max-width: 478px) 100vw, 478px\" \/><\/p>\n<h2><b>MT4 \u2013 Market Watch<\/b><\/h2>\n<p>The <b>Market Watch<\/b> window displays real-time price quotes for all available instruments, including Forex pairs, indices, commodities, and more. This window allows traders to quickly see Bid\/Ask prices and choose which instruments they want to monitor or trade.<\/p>\n<p><b>What You Can Do in Market Watch<\/b><\/p>\n<ul>\n<li><b> View live price quotes<\/b><br \/>\nEach symbol shows the current <b>Bid<\/b> (sell price) and <b>Ask<\/b> (buy price).<\/li>\n<li><b> Open charts or new orders<\/b><br \/>\nRight-click any instrument to open its chart, place a new order, or view trading options.<\/li>\n<li><b> Add or remove instruments<\/b><br \/>\nIf you don\u2019t see a symbol you want to trade, right-click inside Market Watch and select <b>Show All<\/b> to display every available instrument.<\/li>\n<li><b> Check instrument details<\/b><br \/>\nRight-click and choose <b>Specification<\/b> to view important information such as contract size, margin requirements, swap rates, and trading hours.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2370\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture9.png\" alt=\"\" width=\"784\" height=\"615\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture9.png 784w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture9-300x235.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture9-768x602.png 768w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture9-15x12.png 15w\" sizes=\"(max-width: 784px) 100vw, 784px\" \/><\/p>\n<h2><b>How to Add Trading Instruments on MT4<\/b><\/h2>\n<p>If you cannot see a symbol in your Market Watch, follow these steps to add it:<\/p>\n<ol>\n<li>Go to <b>Market Watch<\/b>.<\/li>\n<li>Right-click anywhere inside and select <b>Symbols<\/b>.<\/li>\n<li>Browse the available categories (Forex, Metals, Indices, etc.).<\/li>\n<li>Select the instrument you want and click <b>Show<\/b>.<\/li>\n<li>The instrument will now appear in your <b>Market Watch<\/b> list.<\/li>\n<\/ol>\n<p><b>Tip:<\/b> You can also choose <b>Show All<\/b> to display every available instrument.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2373\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture10.png\" alt=\"\" width=\"355\" height=\"577\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture10.png 355w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture10-185x300.png 185w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture10-7x12.png 7w\" sizes=\"(max-width: 355px) 100vw, 355px\" \/><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2372\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture11.png\" alt=\"\" width=\"440\" height=\"388\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture11.png 440w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture11-300x265.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture11-14x12.png 14w\" sizes=\"(max-width: 440px) 100vw, 440px\" \/><\/p>\n<h2><b>Charts<\/b><\/h2>\n<p>Charts are the main tool traders use to analyse the market. They show price movements in real time and allow you to apply indicators, draw analysis tools, and plan your trades.<\/p>\n<p><b>How to Open Charts on MT4<\/b><\/p>\n<ol>\n<li>To open the chart of any instrument on MT4:<\/li>\n<li>Go to the <b>Market Watch<\/b> window.<\/li>\n<li>Click on the instrument you want to view.<\/li>\n<li>Drag it to the right side of the platform (the grey chart area).<\/li>\n<\/ol>\n<p>The chart for that instrument will automatically open.<\/p>\n<p>You can open multiple charts at the same time and rearrange them depending on your trading style.<\/p>\n<p><b>What You Can Do Once a Chart Is Open<\/b><\/p>\n<ul>\n<li><b> Change Timeframes<\/b><br \/>\nUse the top toolbar (M1, M5, M15, H1, H4, D1, etc.) to view the market from different angles.<\/li>\n<li><b> Switch Chart Types<\/b><br \/>\nChoose between candlesticks, line chart, or bar chart.<\/li>\n<li><b> Add Indicators<\/b><br \/>\nApply tools like Moving Averages, RSI, MACD, and more to help identify trends and trade setups.<\/li>\n<li><b> Add Drawing Tools<\/b><br \/>\nUse trendlines, support &amp; resistance levels, Fibonacci retracements, and more for market analysis.<\/li>\n<\/ul>\n<p><b>Beginner Tips:<\/b><\/p>\n<ul>\n<li>Charts update in real time if your connection is active.<\/li>\n<li>You can save your preferred chart setup as a <b>template<\/b> and apply it to other charts.<\/li>\n<li>Right-click on the chart \u2192 <b>Properties<\/b> to customise colours and appearance.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2374\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture13.png\" alt=\"\" width=\"690\" height=\"600\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture13.png 690w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture13-300x261.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture13-14x12.png 14w\" sizes=\"(max-width: 690px) 100vw, 690px\" \/><\/p>\n<h2><b>MT4 &#8211; Navigator<\/b><\/h2>\n<p>The <b>Navigator<\/b> window is one of the most useful tools in MT4. It gives you quick access to your accounts, indicators, Expert Advisors, and scripts\u2014all in one place.<\/p>\n<p><b>What You Can Find in the Navigator<\/b><\/p>\n<ul>\n<li><b> Accounts<\/b><br \/>\nView and switch between your Demo and Real accounts.<\/li>\n<li><b> Indicators<\/b><br \/>\nAll built-in MT4 indicators can be found here (Trend, Oscillators, Volumes, Bill Williams, Custom).<\/li>\n<li><b> Expert Advisors (EAs)<\/b><br \/>\nAutomated trading systems or robots that can be attached to charts.<\/li>\n<\/ul>\n<h2><b>How to Add Indicators to a Chart<\/b><\/h2>\n<p>You can add indicators in two ways:<\/p>\n<ol>\n<li><b> From the Navigator window:<\/b><\/li>\n<\/ol>\n<ul>\n<li>Open <b>Navigator<\/b><\/li>\n<li>Click the <b>Indicators<\/b> folder<\/li>\n<li>Drag any indicator onto your chart<\/li>\n<\/ul>\n<ol start=\"2\">\n<li><b> From the top menu:<\/b><\/li>\n<\/ol>\n<ul>\n<li>Go to <b>Insert \u2192 Indicators<\/b><\/li>\n<li>Choose the indicator category (Trend, Oscillators, Volumes, etc.)<\/li>\n<li>Select the indicator you want to add<\/li>\n<\/ul>\n<p><b>Beginner Tip:<\/b><\/p>\n<ul>\n<li>If you can\u2019t find the Navigator window, press <b>Ctrl + N<\/b> or go to <b>View \u2192 Navigator<\/b>.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2375\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture14.png\" alt=\"\" width=\"492\" height=\"637\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture14.png 492w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture14-232x300.png 232w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture14-9x12.png 9w\" sizes=\"(max-width: 492px) 100vw, 492px\" \/><\/p>\n<h2><strong>MT4 -Terminal<\/strong><\/h2>\n<p>The <b>Terminal<\/b> window is where traders can monitor their account activity, open trades, history, and important notifications. It is one of the most important sections of MT4 and can be opened by pressing <b>Ctrl + T<\/b> or by clicking <b>View \u2192 Terminal<\/b>.<\/p>\n<p><b>Trade Tab<\/b><\/p>\n<p>Shows all your <b>open positions<\/b> in real time.<\/p>\n<p>Here you can:<\/p>\n<ul>\n<li>See your profit\/loss (P\/L), balance, equity, margin, and free margin<\/li>\n<li>Check order details such as size, opening price, and swap fees<\/li>\n<li>Modify or close a trade directly from this window<\/li>\n<\/ul>\n<p>This tab helps you keep track of your active trades and your account\u2019s overall health.<\/p>\n<p><b>Account History Tab<\/b><\/p>\n<p>Displays your <b>past activity<\/b>, including:<\/p>\n<ul>\n<li>Closed positions<\/li>\n<li>Deposits and withdrawals<\/li>\n<li>Bonuses or adjustments<\/li>\n<\/ul>\n<p>This section is useful for reviewing your previous trades and analysing your performance.<\/p>\n<p><b>Journal Tab (Beginner Tip)<\/b><\/p>\n<p>If something goes wrong\u2014like an order not opening\u2014the <b>Journal<\/b> tab records all platform actions and can help you understand the cause of errors.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2376\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture15.png\" alt=\"\" width=\"903\" height=\"191\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture15.png 903w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture15-300x63.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture15-768x162.png 768w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture15-18x4.png 18w\" sizes=\"(max-width: 903px) 100vw, 903px\" \/><\/p>\n<h2><b>How to Place a Trade<\/b><\/h2>\n<p><b>Market Orders<\/b><\/p>\n<ol>\n<li>Open <b>New Order<\/b><\/li>\n<li>Select the <b>V<\/b><b>olume<\/b><\/li>\n<li>Optionally place a Stop Loss and Take Profit<\/li>\n<li>Click <b>Buy<\/b> or <b>Sell<\/b> at market price<\/li>\n<li>You will find your open position in the terminal<\/li>\n<\/ol>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2377\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture17.png\" alt=\"\" width=\"569\" height=\"327\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture17.png 569w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture17-300x172.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture17-18x10.png 18w\" sizes=\"(max-width: 569px) 100vw, 569px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2378\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture16.png\" alt=\"\" width=\"267\" height=\"327\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture16.png 267w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture16-245x300.png 245w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture16-10x12.png 10w\" sizes=\"(max-width: 267px) 100vw, 267px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2379\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture18.png\" alt=\"\" width=\"865\" height=\"176\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture18.png 865w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture18-300x61.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture18-768x156.png 768w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture18-18x4.png 18w\" sizes=\"(max-width: 865px) 100vw, 865px\" \/><\/p>\n<p><b>Pending Orders:<\/b><\/p>\n<ol>\n<li>Choose <b>Pending Order <\/b>Type<\/li>\n<li>Select the type of Pending Order you wish to open<\/li>\n<li>Select the price at which you want the trade to be triggered<\/li>\n<li>Click on <b>Place<\/b>.<\/li>\n<\/ol>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2380\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture19.png\" alt=\"\" width=\"633\" height=\"332\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture19.png 633w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture19-300x157.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture19-18x9.png 18w\" sizes=\"(max-width: 633px) 100vw, 633px\" \/><\/p>\n<h2><b>How to Set Take Profit (TP) &amp; Stop Loss (SL) on an Existing Trade<\/b><\/h2>\n<p>Setting TP and SL helps you manage risk and automatically close your trade at your preferred price levels.<br \/>\nFollow these steps to add or update TP\/SL on a trade already open:<\/p>\n<p><b>On an existing trade:<\/b><\/p>\n<ol>\n<li>Go to <b>Terminal \u2192 Trade<\/b> to see your open positions.<\/li>\n<li>Right-click on the trade you want to edit and select <b>Modify or Delete Order<\/b>.<\/li>\n<li>Enter your desired <b>Take Profit (TP)<\/b> and <b>Stop Loss (SL)<\/b> levels in the fields provided.<\/li>\n<li>Click <b>Modify<\/b> to save your changes.<\/li>\n<\/ol>\n<p>Once applied, your TP and SL levels will appear on the chart as horizontal lines, allowing you to easily visualise your risk and target levels.<\/p>\n<p><b>Tip:<\/b><\/p>\n<ul>\n<li>Take Profit must be set away from the current market price by the minimum required distance (depends on instrument and broker).<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2381\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture20.png\" alt=\"\" width=\"703\" height=\"358\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture20.png 703w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture20-300x153.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture20-18x9.png 18w\" sizes=\"(max-width: 703px) 100vw, 703px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2382\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture21.png\" alt=\"\" width=\"715\" height=\"363\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture21.png 715w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture21-300x152.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture21-18x9.png 18w\" sizes=\"(max-width: 715px) 100vw, 715px\" \/><\/p>\n<h2><b>How to Close a Trade on MT4<\/b><\/h2>\n<p>There are <b>two main ways<\/b> to close an open trade on the MT4 platform.<\/p>\n<p><b>Method 1: Close from the Positions Tab<\/b><\/p>\n<ol>\n<li>Open the <b>Toolbox<\/b> window (Ctrl + T)<\/li>\n<li>Go to the <b>Positions<\/b> tab<\/li>\n<li>Right-click on the open position<\/li>\n<li>Select <b>Close Position<\/b><\/li>\n<\/ol>\n<p><b>Method 2: One-Click Close<\/b><\/p>\n<ol>\n<li>In the <b>Positions<\/b> tab, locate the open trade<\/li>\n<li>Click the <b>X<\/b> icon at the end of the position row<\/li>\n<li>The trade closes instantly at market price.<\/li>\n<\/ol>\n<p><i>Closed positions will move to the <\/i><b><i>History<\/i><\/b><i> tab.<\/i><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2383\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture22.png\" alt=\"\" width=\"825\" height=\"491\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture22.png 825w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture22-300x179.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture22-768x457.png 768w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture22-18x12.png 18w\" sizes=\"(max-width: 825px) 100vw, 825px\" \/><\/p>\n<h2><b>Instrument Specifications<\/b><\/h2>\n<p>The <b>Specifications<\/b> window in MT4 shows important details about each instrument. Key information includes:<\/p>\n<p><b>Contract Size<\/b><\/p>\n<p>The volume of one standard lot (e.g., <b>100,000 units<\/b> for Forex pairs). Used to calculate pip value and trade size.<\/p>\n<p><b>Margin Percentage<\/b><\/p>\n<p>The required margin to open a position.<br \/>\nA value like <b>100%<\/b> indicates the full margin must be available.<\/p>\n<p><b>Swap Rates<\/b><\/p>\n<p>Overnight financing costs:<\/p>\n<ul>\n<li><b>Swap Long<\/b> \u2013 for buy positions<\/li>\n<li><b>Swap Short<\/b> \u2013 for sell positions<br \/>\nIncludes the <b>3-day swap<\/b> day (usually Wednesday).<\/li>\n<\/ul>\n<p><b>Trading Hours<\/b><\/p>\n<p>Shows when the instrument can be quoted and traded each day of the week.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2384\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture23.png\" alt=\"\" width=\"263\" height=\"421\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture23.png 263w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture23-187x300.png 187w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture23-7x12.png 7w\" sizes=\"(max-width: 263px) 100vw, 263px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2385\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture24.png\" alt=\"\" width=\"459\" height=\"361\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture24.png 459w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture24-300x236.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture24-15x12.png 15w\" sizes=\"(max-width: 459px) 100vw, 459px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2386\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture25.png\" alt=\"\" width=\"459\" height=\"382\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture25.png 459w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture25-300x250.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture25-14x12.png 14w\" sizes=\"(max-width: 459px) 100vw, 459px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2387\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture26.png\" alt=\"\" width=\"1096\" height=\"605\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture26.png 1096w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture26-300x166.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture26-1024x565.png 1024w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture26-768x424.png 768w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture26-18x10.png 18w\" sizes=\"(max-width: 1096px) 100vw, 1096px\" \/><\/p>\n<h2><b>MT4 Help &amp; Advanced Resources<\/b><\/h2>\n<p>If you need more advanced guidance while using MT4, you can access the built-in Help menu at any time:<\/p>\n<ul>\n<li>Go to <b>Help<\/b> (top menu) \u2192 <b>Help Topics<\/b> (or press <b>F1<\/b>)<\/li>\n<li>Browse platform guides and troubleshooting topics<\/li>\n<li>Explore additional resources such as <b>MQL5 Documentation<\/b>, <b>Articles<\/b>, and <b>Code Base<\/b> for advanced tools and scripts<\/li>\n<\/ul>\n<p><b><i>Tip: Use the Help section to quickly find answers without leaving the platform.<\/i><\/b><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2388\" src=\"https:\/\/OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture27.png\" alt=\"\" width=\"637\" height=\"389\" srcset=\"https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture27.png 637w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture27-300x183.png 300w, https:\/\/www.OneRoyal.academy\/wp-content\/uploads\/2026\/03\/Picture27-18x12.png 18w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trading Platforms We Offer OneRoyal provides access to three powerful and reliable trading platforms trusted by traders worldwide: MetaTrader 4 (MT4) \u2013 The industry-standard platform known for its simplicity and stability. MetaTrader 5 (MT5) \u2013 The next-generation platform with enhanced tools, faster execution, and advanced charting. orTrader \u2013 Our modern, intuitive trading platform designed for [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[20],"tags":[],"class_list":["post-2361","post","type-post","status-publish","format-standard","hentry","category-getting-started"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.oneroyal.academy\/en\/wp-json\/wp\/v2\/posts\/2361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oneroyal.academy\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oneroyal.academy\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oneroyal.academy\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oneroyal.academy\/en\/wp-json\/wp\/v2\/comments?post=2361"}],"version-history":[{"count":5,"href":"https:\/\/www.oneroyal.academy\/en\/wp-json\/wp\/v2\/posts\/2361\/revisions"}],"predecessor-version":[{"id":2393,"href":"https:\/\/www.oneroyal.academy\/en\/wp-json\/wp\/v2\/posts\/2361\/revisions\/2393"}],"wp:attachment":[{"href":"https:\/\/www.oneroyal.academy\/en\/wp-json\/wp\/v2\/media?parent=2361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oneroyal.academy\/en\/wp-json\/wp\/v2\/categories?post=2361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oneroyal.academy\/en\/wp-json\/wp\/v2\/tags?post=2361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}