Marios Gregoriou – OneRoyal Academy

Author: Marios Gregoriou

Trading Platforms (How to Guide) – orTrader

Trading Platforms We Offer OneRoyal provides access to three powerful and reliable trading platforms trusted by traders worldwide: MetaTrader 4 (MT4) – The industry-standard platform known for its simplicity and stability. MetaTrader 5 (MT5) – The next-generation platform with enhanced tools, faster execution, and advanced charting. orTrader – 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. orTrader is a modern, web-based trading platform designed for intuitive and efficient trading across global markets, including Forex, cryptocurrencies, indices, commodities, and stocks. It features real-time pricing, interactive charts, and streamlined order execution, allowing traders to monitor markets, manage positions, and trade confidently from any device without the need for downloads. How to access orTrader Desktop: Visit the OneRoyal website and log in. From the top-right menu, click Trade, then select orTrader. Mobile: Open the Google Play Store. Search for OneRoyal or orTrader. Download and install the app. The above steps will take you directly to the trading platform, ready to trade. Introduction to the Basic Sections of orTrader orTrader is a modern, intuitive trading platform designed to offer a clean interface, fast execution, and powerful tools for both beginner and experienced traders. To navigate orTrader effectively, it’s important to understand its main sections: Market Displays real-time Bid/Ask prices for all available trading instruments. From here, you can: View price movements and daily changes Select instruments to open charts Quickly place trades Chart Shows the price movement of the selected instrument. You can: Analyse the market using different timeframes Apply technical indicators and drawing tools Change chart types and layouts for better analysis Introduction to the Basic Sections of orTrader Account Bar (Top Panel) Provides a real-time overview of your account status. Displays key information such as: Balance Equity Margin and Free Margin Open Profit/Loss (P/L) Positions & Orders Panel Your main control centre for trade management. Here you can: Monitor open positions View pending orders and trade history Check commissions, swaps, and profit/loss Close or modify trades easily Together, these sections allow you to monitor the markets, analyse charts, place trades, and manage your account efficiently, all from one platform. orTrader – Market Watch The Market section in orTrader displays real-time price quotes for all available instruments, including Forex pairs, indices, commodities, and cryptocurrencies. This section allows traders to quickly monitor Bid and Ask prices, view price movements, and access trading actions directly from the instrument list. What You Can Do in Market Watch View live price quotes Each instrument displays the current Bid (sell price) and Ask (buy price) in real time. Instrument Information The Market Watch provides quick access to detailed instrument information. By clicking the Instrument Information icon, traders can view key details such as: Asset class and subclass Currency and pip value Spread Minimum and maximum position size Available leverage Market Hours This helps traders better understand the trading conditions before placing a trade. orTrader – Market Watch Open charts Click the Open Chart icon next to an instrument to instantly display its price chart for analysis. Add instruments to favourites Click the star icon to add an instrument to your favourites, allowing faster access from your Market list. orTrader – Market Watch orTrader allows traders to organise instruments using custom Watchlists. How to Create and Use Watchlists Choose an instrument group Select predefined groups such as FX, Indices, Commodities, or Crypto from the Market menu. Create a new Watchlist Click Create New Watch List, enter a name, and save your Watchlist. Add instruments to your Watchlist Use the Add to Watch List option to include instruments in your selected Watchlist for easier monitoring. This helps traders keep their preferred instruments organised and easily accessible. orTrader – Chart The Chart section in orTrader allows traders to analyse price movements using different chart types, timeframes, indicators, and drawing tools. Chart layout Choose between Candlestick, Bar, or Line charts to display price movements in your preferred format. Time interval (Timeframe) Select the chart timeframe (e.g. 15M, 1H, 4H, 1D) to analyse price movements over different periods. Indicators Apply technical indicators such as moving averages, oscillators, and trend indicators to support market analysis. Linear drawing tools Use tools such as trendlines, horizontal, and vertical lines to identify trends and key price levels. Fibonacci drawing tools Apply Fibonacci retracements and extensions to identify potential support, resistance, and price targets. Zoom in / Zoom out Zoom in or out to adjust the chart view and focus on short-term or long-term price movements. Chart range selector (Time range) Quickly switch between predefined date ranges (e.g. 1D, 7D, 1M, 3M, YTD, ALL). When a larger date range is selected, the platform automatically adjusts the timeframe to display the data more clearly. orTrader – Account Overview & Trade Management In orTrader, account information and trade activity are displayed across two main areas: the Top Account Panel and the Bottom Positions Panel. Together, these sections allow traders to monitor account status, open trades, and trading history in real time. Top Account Panel The Top Account Panel provides a real-time overview of your account. Here you can see: Balance Credit Equity Margin Free Margin Margin Level Open Profit/Loss (P/L) This panel helps traders quickly assess their account health and risk exposure at any moment. Positions Tab The Positions tab displays all open trades in real time. Here you can: View open positions and traded instruments Check volume, open price, current market price, and profit/loss Monitor commissions and swaps Close or manage positions directly from this section History & Pending Orders Tabs The History tab shows your past trading activity, including closed positions. The Pending Orders tab displays orders that are placed but not yet executed. These tabs are useful for reviewing previous trades and tracking pending strategies. orTrader – How to Place a Trade orTrader allows traders to open Market Orders and Pending Orders quickly and intuitively from the Market window. Market Orders (Market Execution) A Market Order opens a trade immediately at the current market price. Steps: Select an instrument from the Market list Click Buy or Sell to open the order window Enter the Volume (lots) Optionally set a Stop Loss and Take Profit Click Buy or Sell to execute the trade at market price Your open position will appear in the Positions panel at the bottom of the platform. orTrader – How to Place a Trade Pending Orders A Pending Order allows you to open a trade automatically when price reaches a specified level. Steps Select an instrument and open the order window Switch to the Pending Order tab Choose the Order Direction (Buy or Sell) Set the Activation Price Enter the Volume (lots) Optionally set a Stop Loss and Take Profit Click Place to submit the pending order Pending Order Types (Important) In orTrader, the order type is selected automatically based on: Order direction (Buy or Sell) Activation price relative to the current market price Depending on your selection, the bottom action button will change to one of the following: Buy Limit Buy Stop Sell Limit Sell Stop This ensures the correct pending order type is applied automatically. orTrader – How to Set Take Profit (TP) & Stop Loss (SL) on an Existing Trade Setting Take Profit (TP) and Stop Loss (SL) helps you manage risk and automatically close your trade at predefined price levels. Follow the steps below to add or update TP/SL on an already open trade. On an Existing Trade Go to the Positions panel at the bottom of the platform Click anywhere on the open position to view trade details Click Modify Order Enter your desired Stop Loss (SL) and/or Take Profit (TP) price levels Click Modify Buy or Modify Sell to save your changes Once applied, your TP and SL levels will appear on the chart and in the Positions panel, allowing you to easily monitor your risk and target levels. Tip: Take Profit must be set away from the current market price by the minimum required distance (depends on instrument and broker). How to Close a Trade on orTrader There is one way to close an open trade on the orTrader platform. Close from the Positions Panel 1.Go to the Positions panel at the bottom of the platform 2.Locate the open trade you wish to close 3.Click the ✕ (Close Order) button at the end of the position row The trade will close immediately at the current market price. Once closed, the position will be removed from the Positions panel and appear in the History tab. Common orTrader Errors and What They Mean “Order rejected” / Trade not executed The order could not be placed at the requested conditions. Possible reasons: Price changed before execution Market volatility Invalid order parameters Fix: Retry the order, ensure the price is valid, or use a Market Order instead of a Pending Order. “Not enough margin” Your free margin is insufficient to open the trade. Fix: Reduce the position size (volume), close other open trades, or add funds to your account. “Market closed” The selected instrument is currently not tradable. Fix: Check the instrument’s trading hours and try again when the market is open. “Session expired” / Logged out Your session has expired due to inactivity or connection issues. Fix: Refresh the platform or log in

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Trading Platforms (How to Guide) – MT4

Trading Platforms We Offer OneRoyal provides access to three powerful and reliable trading platforms trusted by traders worldwide: MetaTrader 4 (MT4) – The industry-standard platform known for its simplicity and stability. MetaTrader 5 (MT5) – The next-generation platform with enhanced tools, faster execution, and advanced charting. orTrader – 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. MetaTrader 4 (MT4) MT4 is one of the world’s most popular trading platforms, designed for Forex, CFDs, and commodities. It offers fast execution, advanced charting tools, and user-friendly order management — suitable for both beginners and experienced traders. How to Download MT4 Desktop: Visit the OneRoyal website. Navigate to Platforms → MT4. Scroll down towards the end of the page and download and install the MT4 version depending on your device. Mobile: Open the App Store or Google Play. Search MetaTrader 4. Download and install the app. How to Log In to MT4 To log in: Open MT4. Go to File → Login to Trade Account. Enter your: • Login number • Trading password • Server name (as provided in your email) Click Login to connect. Introduction to the Basic Sections of MT4 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. To navigate MT4 effectively, it’s important to understand its four main sections: Market Watch Displays real-time Bid/Ask prices for all available instruments. From here, you can open charts, place new orders, and access symbol specifications. Charts Shows the price movement of any instrument you select. You can analyse the market using different timeframes, indicators, drawing tools, and chart styles. Navigator Provides quick access to your trading accounts, indicators, Expert Advisors, and scripts. You can easily drag indicators from the Navigator onto your chart. Terminal Your main control centre for monitoring trades and account activity. It shows open positions, account history, balance, margin levels, and important notifications. Together, these sections help you monitor the markets, analyse charts, place trades, and manage your entire trading activity from one platform. MT4 – Market Watch The Market Watch 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. What You Can Do in Market Watch View live price quotes Each symbol shows the current Bid (sell price) and Ask (buy price). Open charts or new orders Right-click any instrument to open its chart, place a new order, or view trading options. Add or remove instruments If you don’t see a symbol you want to trade, right-click inside Market Watch and select Show All to display every available instrument. Check instrument details Right-click and choose Specification to view important information such as contract size, margin requirements, swap rates, and trading hours. How to Add Trading Instruments on MT4 If you cannot see a symbol in your Market Watch, follow these steps to add it: Go to Market Watch. Right-click anywhere inside and select Symbols. Browse the available categories (Forex, Metals, Indices, etc.). Select the instrument you want and click Show. The instrument will now appear in your Market Watch list. Tip: You can also choose Show All to display every available instrument. Charts 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. How to Open Charts on MT4 To open the chart of any instrument on MT4: Go to the Market Watch window. Click on the instrument you want to view. Drag it to the right side of the platform (the grey chart area). The chart for that instrument will automatically open. You can open multiple charts at the same time and rearrange them depending on your trading style. What You Can Do Once a Chart Is Open Change Timeframes Use the top toolbar (M1, M5, M15, H1, H4, D1, etc.) to view the market from different angles. Switch Chart Types Choose between candlesticks, line chart, or bar chart. Add Indicators Apply tools like Moving Averages, RSI, MACD, and more to help identify trends and trade setups. Add Drawing Tools Use trendlines, support & resistance levels, Fibonacci retracements, and more for market analysis. Beginner Tips: Charts update in real time if your connection is active. You can save your preferred chart setup as a template and apply it to other charts. Right-click on the chart → Properties to customise colours and appearance. MT4 – Navigator The Navigator window is one of the most useful tools in MT4. It gives you quick access to your accounts, indicators, Expert Advisors, and scripts—all in one place. What You Can Find in the Navigator Accounts View and switch between your Demo and Real accounts. Indicators All built-in MT4 indicators can be found here (Trend, Oscillators, Volumes, Bill Williams, Custom). Expert Advisors (EAs) Automated trading systems or robots that can be attached to charts. How to Add Indicators to a Chart You can add indicators in two ways: From the Navigator window: Open Navigator Click the Indicators folder Drag any indicator onto your chart From the top menu: Go to Insert → Indicators Choose the indicator category (Trend, Oscillators, Volumes, etc.) Select the indicator you want to add Beginner Tip: If you can’t find the Navigator window, press Ctrl + N or go to View → Navigator. MT4 -Terminal The Terminal 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 Ctrl + T or by clicking View → Terminal. Trade Tab Shows all your open positions in real time. Here you can: See your profit/loss (P/L), balance, equity, margin, and free margin Check order details such as size, opening price, and swap fees Modify or close a trade directly from this window This tab helps you keep track of your active trades and your account’s overall health. Account History Tab Displays your past activity, including: Closed positions Deposits and withdrawals Bonuses or adjustments This section is useful for reviewing your previous trades and analysing your performance. Journal Tab (Beginner Tip) If something goes wrong—like an order not opening—the Journal tab records all platform actions and can help you understand the cause of errors. How to Place a Trade Market Orders Open New Order Select the Volume Optionally place a Stop Loss and Take Profit Click Buy or Sell at market price You will find your open position in the terminal Pending Orders: Choose Pending Order Type Select the type of Pending Order you wish to open Select the price at which you want the trade to be triggered Click on Place. How to Set Take Profit (TP) & Stop Loss (SL) on an Existing Trade Setting TP and SL helps you manage risk and automatically close your trade at your preferred price levels. Follow these steps to add or update TP/SL on a trade already open: On an existing trade: Go to Terminal → Trade to see your open positions. Right-click on the trade you want to edit and select Modify or Delete Order. Enter your desired Take Profit (TP) and Stop Loss (SL) levels in the fields provided. Click Modify to save your changes. 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. Tip: Take Profit must be set away from the current market price by the minimum required distance (depends on instrument and broker). How to Close a Trade on MT4 There are two main ways to close an open trade on the MT4 platform. Method 1: Close from the Positions Tab Open the Toolbox window (Ctrl + T) Go to the Positions tab Right-click on the open position Select Close Position Method 2: One-Click Close In the Positions tab, locate the open trade Click the X icon at the end of the position row The trade closes instantly at market price. Closed positions will move to the History tab. Instrument Specifications The Specifications window in MT4 shows important details about each instrument. Key information includes: Contract Size The volume of one standard lot (e.g., 100,000 units for Forex pairs). Used to calculate pip value and trade size. Margin Percentage The required margin to open a position. A value like 100% indicates the full margin must be available. Swap Rates Overnight financing costs: Swap Long – for buy positions Swap Short – for sell positions Includes the 3-day swap day (usually Wednesday). Trading Hours Shows when the instrument can be quoted and traded each day of the week. MT4 Help & Advanced Resources If you need more advanced guidance while using MT4, you can access the built-in Help menu at any time: Go to Help (top menu) → Help Topics (or press F1) Browse platform guides and troubleshooting topics Explore additional resources such as MQL5 Documentation, Articles, and Code Base for advanced tools and scripts Tip: Use the Help section to quickly find answers without leaving the

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Trading Platforms (How to Guide) – MT5

Trading Platforms We Offer OneRoyal provides access to three powerful and reliable trading platforms trusted by traders worldwide: MetaTrader 4 (MT4) – The industry-standard platform known for its simplicity and stability. MetaTrader 5 (MT5) – The next-generation platform with enhanced tools, faster execution, and advanced charting. orTrader – 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. MetaTrader 5 (MT5) MT5 is a next-generation trading platform designed for Forex, CFDs, and commodities. It features faster execution, improved charting tools, additional timeframes, more order types, and advanced analytical capabilities. MT5 is ideal for traders who want enhanced market depth, flexible tools, and a seamless trading experience. How to Download MT5 Desktop: Visit the OneRoyal website. Navigate to Platforms → MT5. Scroll down and download the version suitable for your device (Windows or Mac). Install and launch MT5. Mobile: Open the App Store or Google Play. Search MetaTrader 5. Download and install the app. How to Log In to MT5 To log in: Open MT5. Go to File → Login to Trade Account. Enter your: • Login number • Trading password • Server name (as provided in your email) Click Login to connect. Introduction to the Basic Sections of MT5 MetaTrader 5 (MT5) is a modern trading platform designed to be easy for beginners while offering advanced tools for experienced traders. To use MT5 effectively, it’s important to understand its four main sections: Market Watch Displays real-time Bid/Ask prices for all available instruments. From here, you can open charts, place orders, and view symbol details. Charts Shows the price movement of the selected instrument. You can analyse the market using different timeframes, indicators, and drawing tools. Navigator Provides access to your trading accounts, indicators, Expert Advisors, and scripts. Indicators and EAs can be dragged directly onto charts. Toolbox Your main control centre for monitoring trades and account activity. It shows open positions, trade history, balance, equity, margin, and notifications. Together, these sections help you analyse the market, place trades, and manage your trading activity from one platform. MT5 – Market Watch The Market Watch window displays real-time price quotes for all available instruments, including Forex, indices, commodities, stocks, and cryptocurrencies. It allows traders to quickly view Bid/Ask prices and monitor the instruments they wish to trade. What You Can Do in Market Watch View live price quotes Each symbol shows the current Bid (sell price) and Ask (buy price), along with daily price changes. Open charts or place orders Right-click on any instrument to open its chart, place a new order, or access trading options. Add or remove instruments Right-click inside Market Watch and select Symbols to show or hide available instruments. Check instrument details Select Specification to view key information such as contract size, margin requirements, swap rates, and trading hours. MT5 – Market Watch If you cannot see a symbol in your Market Watch, follow these steps to add it: Go to Market Watch. Right-click anywhere inside the window and select Symbols. Browse the available categories (Forex, Metals, Indices, Crypto, Shares, etc.). Select the instrument you want and click Show. Click OK. The instrument will now appear in your Market Watch list. Tip: You can expand each category to view all available instruments and check their specifications, such as contract size, margin, and trading hours. Charts Charts are the main tool traders use to analyse the market. They display real-time price movements and allow you to apply indicators, drawing tools, and plan your trades. How to Open Charts on MT5 Go to Market Watch. Click on the instrument you want to view. Double-click the instrument or drag it into the chart area. The chart for that instrument will open automatically. You can open multiple charts at the same time and arrange them to suit your trading style. What You Can Do Once a Chart Is Open Change timeframes Use the top toolbar (M1, M5, M15, H1, H4, D1, etc.) to view different market perspectives. Switch chart types Choose between candlestick, bar, or line charts. Add indicators Apply tools such as Moving Averages, RSI, MACD, and more to analyse trends and price action. Add drawing tools Use trendlines, support and resistance levels, Fibonacci tools, and other drawing objects for analysis. Beginner Tips: Charts update in real time when your connection is active. You can save your preferred chart setup as a template and apply it to other charts. Right-click on the chart and select Properties to customise colours and appearance. MT5 – Navigator The Navigator window provides quick access to your trading accounts, indicators, Expert Advisors, and other tools. What You Can Find in the Navigator Accounts – Switch between Demo and Real accounts Indicators – Built-in indicators (Trend, Oscillators, Volumes, Bill Williams, Custom) Expert Advisors – Automated trading tools Scripts & Services – Additional platform tools How to Add Indicators You can add indicators in two ways: From the Navigator: Open Navigator Expand Indicators Drag and drop an indicator onto the chart From the top menu: Go to Insert → Indicators Choose a category and select an indicator Tip: Press Ctrl + N or go to View → Navigator if the window is not visible. MT5 -Toolbox The Toolbox window allows traders to monitor account activity, open trades, history, and important notifications. It can be opened by pressing Ctrl + T or by going to View → Toolbox. Trade Tab Shows all your open positions in real time. Here you can: View profit/loss (P/L), balance, equity, margin, and free margin Check trade details such as volume, open price, and swap Modify or close trades directly History Tab Displays your past trading activity, including: Closed positions Deposits and withdrawals Balance adjustments This tab is useful for reviewing previous trades and analysing performance. Journal Tab (Beginner Tip) Records all platform actions and system messages. If something goes wrong (for example, an order is not placed), the Journal can help identify the reason. How to Place a Trade Market Orders Open New Order Select the Volume Optionally place a Stop Loss and Take Profit Click Buy or Sell at market price You will find your open position in the terminal Pending Orders: Choose Pending Order Type Select the type of Pending Order you wish to open Select the price at which you want the trade to be triggered Click on Place. How to Set Take Profit (TP) & Stop Loss (SL) on an Existing Trade Setting TP and SL helps you manage risk and automatically close your trade at your preferred price levels. Follow these steps to add or update TP/SL on a trade already open: On an existing trade: Go to Terminal → Trade to see your open positions. Right-click on the trade you want to edit and select Modify or Delete Order. Enter your desired Take Profit (TP) and Stop Loss (SL) levels in the fields provided. Click Modify to save your changes. 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. Tip: Take Profit must be set away from the current market price by the minimum required distance (depends on instrument and broker). How to Close a Trade on MT5 Method 1: Close from the Trade Tab Open the Terminal window (Ctrl + T) Go to the Trade tab Right-click on the open position Select Close Order Method 2: One-Click Close Open the Trade tab in the Terminal Click the X icon next to the open position The trade closes immediately at market price. The position will disappear once it is successfully closed. Instrument Specifications The Specifications window in MT5 displays key trading details for each instrument. Unlike MT4, margin requirements are shown as values, not percentages. Contract Size The volume of one standard lot. For Forex pairs, this is typically 100,000 units (e.g. 100,000 EUR for EURUSD). Used to calculate pip value and trade size. Initial Margin The exact amount required to open 1 lot of the instrument. In MT5, the margin percentage is not displayed separately. Instead, it is embedded in the Initial Margin value. Example: Contract size: 100,000 Initial margin: 100,000 → This reflects 100% margin (1:1 leverage) Swap Rates Overnight financing costs for holding positions: Swap Long – applies to Buy positions Swap Short – applies to Sell positions MT5 also displays: Swap calculation type (e.g. in points) Triple swap day (usually Wednesday) Trading Hours Shows when the instrument can be quoted and traded each day of the week. Common MT5 Errors and What They Mean “Invalid account” Usually caused by incorrect login details or selecting the wrong server. Fix: Re-enter your login and password and ensure you select the correct server (Demo or Live). “No prices” / “No connection” MT5 is not receiving price data from the server. Fix: Check your internet connection or reconnect to the trading server. “Market closed” You are attempting to trade outside the instrument’s trading hours. Fix: Check the instrument’s trading schedule under Specifications. “Not enough money” Your free margin is insufficient to open the position. Fix: Reduce the lot size or add funds to increase available margin. “Trade disabled” Trading is currently not allowed for this instrument or account. Fix: Verify the instrument is enabled for trading or contact Support. “Invalid volume” The selected lot size does not meet the instrument’s volume requirements. Fix: Check the minimum and maximum volume limits in the instrument

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