MetaTrader 4 User Guide - Alpari UK

MT4 User GuideOn Balance Volume ........................................................................................................... 115Parabolic SAR .................................................................................................................... 117Relative Strength Index ..................................................................................................... 118Relative Vigor Index .......................................................................................................... 119Standard Deviation ............................................................................................................ 119Stochastic Oscillator ......................................................................................................... 120Williams’ Percent Range ................................................................................................... 121Trading ....................................................................................................................... 122Order types ........................................................................................................................ 122Market Order ..................................................................................................................................... 122Pending Order ................................................................................................................................... 122Stop Loss .......................................................................................................................................... 123Take Profit ......................................................................................................................................... 123Trailing stop ....................................................................................................................................... 123Types of Execution ............................................................................................................ 124Instant Execution ............................................................................................................................... 124Request Execution ............................................................................................................................ 124Execution by Market.......................................................................................................................... 124Trade Positions.................................................................................................................. 125Open Positions .................................................................................................................. 126Market Order ...................................................................................................................... 126Pending orders .................................................................................................................. 128Modifying of Positions ...................................................................................................... 129Position Closing ................................................................................................................ 130Single Position Closing ..................................................................................................................... 130Close by Opposite Positions ............................................................................................................. 131Multiple Close by Opposite Positions ................................................................................................ 132Copyright © 2011 Alpari (UK) Ltd, 201 Bishopsgate, London EC2M 3AB, United Kingdom Page 7 of 179