Use Metatrader 4 Shortcuts in Day Trading

by Oct 14, 2022Forex Trading Platform

Metatrader 4 Shortcuts allows you to quickly open, close or modify MT4 in a way to make the day trading easier.

Metatrader 4 Shortcuts or hotkeys are a combination of a keyboard button instead of using a mouse and clicking step by step to make a certain action.

With hotkeys you will speed up the way of using certain MT4 features, but you will also make your trading easier.

Read more: How to Download MT4 to PC

Chart Shortcuts in MT4

The chart as the biggest surface in MT4 allows you to modify some of the features it has.

First thing in using charts in MT4 is to set the chart type. Whether you use a line chart, candlestick chart or bar chart it is up to you. But you can use some shortcuts to easily change chart type and other functionalities.

Read more: How to Use Metatrader 4

Chart Movements Shortcuts

This table shows you MT4 shortcuts to easily change the chart type or how to easily move around on the chart like positioning yourself to a different time on the chart.

Shortcut
Function
Left arrow
Scroll the price chart to the left
PgUp
Scroll fast the price chart to the left
Home
Scroll to the 1st bar of the chart
Right arrow
Scroll the price chart to the right
PgDown
Scroll fast the price chart to the right
End
Scroll to the last-bar of the chart
+
Zoom in the Chart
Zoom out (6 zoom levels)
F12
move chart forward one bar
Shift+F12
move the chart back by one candlestick/bar

MT4 Chart Type Commands

The list below shows you how to change chart type and how to activate a grid on the chart. Here you can select MT5 hotkey to change the chart appearance.

Shortcut
Function
Alt+1
Change to Bar Chart
Alt+2
Change to Candlesticks Chart
Alt+3
Change to Line Chart
Ctrl+F
Change cursor to – Crosshair Mode
Ctrl+G
Grid On / Off
Ctrl+H
OHLC line On / Off
Ctrl+Y
Period separators On / Off
Ctrl+F6
Go to the next chart window

MT4 Chart Object Hotkeys

With the short commands below you can make modifications with the objects on the chart.

Shortcut
Function
Ctrl+B
Open the -Objects List- window
Delete
Delete selected object (one or more)
Backspace
Delete recent-added LIFO (Last-in-First-Out)
Ctrl+Z
Undo object deletion
Ctrl+A
Arrange all indicators heights
Ctrl+I
Call - Indicators List - window

Windows Shortcuts in MT4

With these MT4 shortcuts you can show or hide certain windows like Market Watch window, Terminal window and so on.

Shortcut
Function
Ctrl+D
Data Window
Ctrl+T
Terminal
Ctrl+M
Market Watch Window
Ctrl+O
Options Window
Ctrl+N
Navigation
Alt+F4
Fast Exit from MetaTrader4

Additional MT4 Tools

Following shortcuts in MT4 will help you quickly open Metatrader editor and tester.

Shortcut
Function
F2
Historical Data Center
F4
Open Meta-Editor
Ctrl+R
Tester window ON / OFF
F8
Change the parameters of price charting
F9
New Orders
F11
Full screen ON / OFF
Shift+F5
Change profile - open previous profile
F5
switch to the next profile

Function MT4 Shortcuts

Here is a list of other function shortcuts in MT4.

Shortcut
Function
Ctrl+E
Enable/disable attached Expert Advisor
F7
open the properties window of the Expert Advisor that you have attached to your chart
Enter
'Fast Navigation' box

Additional Metatrader 4 Shortcuts

Here is a list of shortcuts you can use that are not a combination of control + key on your keyboard.

  • MetaTrader 4 allows you to drag and drop your stop loss and take profit levels
  • check the box directly underneath that says “Use ‘Alt’ key to drag trade levels”.
    • With this box checked, you have to hold the Alt key to activate the drag and drop feature in MT4
Show Trade Levels and Alt condition in MT4
  • use “Ctrl” to duplicate any object on your chart
    • Simply double click the object to select it, then hold the “Ctrl” key and drag

How to Add a Shortcut to MT4

If you want to add a shortcut to MT4 or hotkeys you can do that by following these steps:

  • Step #1 – Ctrl+N (Opens Navigator Window)
  • Step #2 – Press the Right mouse click
  • Step #3 – In menu that reveals , choose –Set hotkey
  • Step #4 – Click on the desired indicator/EA and click Set on the right side and make a combination

Set Hotkey in MT4

Here is a sample how to customize MT4 shortcut  so you can understand the steps listed above.

I will set a hotkey for MACD EA that is inside the Navigator window under Expert Advisors.

The first step is to activate Navigator window by using the MT4 shortcut Ctrl+N. If you do not have an open Navigator window then activate it.

Then go to Expert Advisor and click the right mouse button on the MACD and you will see an option “Set hotkey” and then select it.

Navigator Hotkey MT4

Now, you need to to set a desired combination of buttons on the keyboard.

You have an option to use a combination of:

  • Control and
  • Key

Control can be an Alt or Ctrl button on the keyboard and the key can be any other button on the keyboard.

Click the Set button on the upper right corner and you will be able to set a key in a row where the MACD is.

I have set Alt+1 a combination and clicked the Close button. There is no SAVE button so no worry if you simply close the window. The combination will be saved.

If you do not see number 1 in the column where the Key is then probably you have used a combination that is already used. The system does not allow you to use already used key combination.

Simply change the key into another one.

When you click Enter you should see that key set there. If it stays there that means the key combination is available.

Set Hotkey in MT4

Now you can use that combination.

In my case I have set ALT+1 hotkey so when I click that on the MT4 I will get the MACD EA window open where I can change settings and activate that EA.

This allows you a simple way of adding a combination of keys on the keyboard for certain functions inside MT4.

MACD EA hotkey in MT4

Add Shortcuts to the Favorites Tab

If you want you can add shortcuts to the favorites tab over the navigation window (Ctrl+N).

You can add any indicator to the “Favorites” and bring it up only with a few clicks.

I will add MACD EA into the Favorites tab and to do that here are the steps.

First you need to position yourself into the Navigator window and find MACD EA. Click the right mouse button and in the list of options select “Add to Favorites”.

Select EA or Indicator for Favorites

And now you can position yourself into the Favorites tab inside the Navigator window.

You will see MACD EA inside after you have done the previous step.

You can add more EA or Indicators from the Navigator window so you have quick access to the most used functions.

MACD EA in Favorites Tab

FAQ

Here are one of the most asked questions about metatrader 4 shortcuts.

MT4 Close Order Shortcut

There is no shortcut inside MT4, but you can find scripts or EA that allows you to do this. Here is one – Open Close Order One Hotkey

MT4 hotkeys Buy/Sell

There is no shortcut or hotkey in MT4 for Buy and Sell, but you can find EA and scripts on the forum here- MT4 Hotkeys Buy/Sell

MT4 Rectangle Shortcut

There is a shortcut in MT4 for rectangle:

  • Hold down the “Alt” key and then press I, then press S and then press R

MT4 Shortcuts Keys PDF

Here you can download MT4 shortcuts keys PDF – Download MT4 Shortcuts PDF

MT4 TimeFrame Shortcut

Here you can download MT4 Timeframe Shortcut Indicator – Download MT4 TimeFrame Shortcut Indicator

“Disclosure: Some of the links in this post are “affiliate links.” This means if you click on the link and purchase the item, I will receive an affiliate commission. This does not cost you anything extra on the usual cost of the product, and may sometimes cost less as I have some affiliate discounts in place I can offer you”

Frano Grgić

Frano Grgić

A Forex trader since 2009. I like to share my knowledge and I like to analyze the markets. My goal is to have a website which will be the first choice for traders and beginners. Market analysis is featured by Forex Factory next to large publications like DailyFX, Bloomberg... GetKnowTrading is becoming recognized among traders as a website with simple and effective market analysis.

Beginners Online Course

Check the best online trading course for beginners

Beginners Online Course

Check the best online trading course for beginners

Email Newsletter

Join thousands traders that get the best articles in their mailbox

Forex Trading Platform Articles

Below you can find all articles about Forex trading platform

1. Trading Platform for Beginners

0 Comments

Pin It on Pinterest

Shares
Share This