Bro mt4 is not tool its a charting software. Secondly you can watch forexpros.com, netdania.com for news & charts. Paid software like amibroker as I am using that too with mashirt or other data provider. Yes Indian commodity market MCX is opening from morning 10 a.m. to 11:30 pm in night. I suggest not to trade in gold and silver as highly speculative many times you fail to understand the trend. In begining for saftey start with copper mini for daily trade. 1 lots cost around rs 5000-6000. Trade with 2 mini lots in hourly chart for rs 2-3 so that less tention and even then you can earn atleast rs 1000. If you have good funding then go for crude intraday but after paper trading for few days. By observation you can understood how to trade . Learn simple basic tools like moving average, stochastic, rsi, and a 5 ema band wihich is very easy to understand. See this website
http://www.forexfactory.com/showthread.php?t=386701&page=31. Here you can see 5 ema setup trading. Its very useful for scalping. Watch market for few days. Learn from websites not too tough. Follow sipmle studies with easy concept initially and stop loss near support resistence.Important thing follow nymex chart for crude in mt4 and comex copper data for parctical gain because our market follow their trends in complete. Only difference is due to rs /$.Dont worry its not tough but never over leveraged else you have to pay. Chart observation if used properly then sooner latter works but you should have patient.Always buy crude near $80 with stoploss of $75 whenever you get opportunity for long run there atleast you can make $10-15 within 1-2 months. Use your brain. Dont misguided by anyone. One more benefit of trading in Commodities is no STT and timings so hell lot of savings and chance to get out of trade. Its not easy to manipulate crude and copper in Indian market as price are coming with reference to international market. Before start trading prepare for that so that you can decide whether it is your cup of tea or not. I hope many other smart member will guide as I am still learner and my learning goes on through out my life.
Regards
Manish Damani.