Metatrader 4 Tip 16 – How to use Market Watch

On the last tip, we saw how to use the chart buttons on Metatrader 4. Today, we’re going to focus on how to use the Market Watch on Metatrader 4.

To see the window where the pair quotes are, known as Market Watch, can be opened or closed pressing its button on the Menu bar or, through the key control Ctrl+M or through the main menu View and through the Market Watch option.

Market Watch on MetaTrader 4

On this window, set on the right side, we will find the following data:

Time of the Server: the time set for real-time quotes of the pair. TradeView Forex’s server is set for GMT+2
SYMBOL: The pair
BID: Bid price (selling)
ASK: buy price

The colors tell us if the pair is coming up (blue) or if it is coming down (red)