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Grid, Volumes, Auto Scroll and Chart Shift Options on MetaTrader 4

 

Grid

The grid button on the charts menu option of the MetaTrader 4 Platform is used to draw grid lines as shown below. A trader may prefer to trade with grids or not and will use this button to show or hide the Grid.

 

The Grid is shown below (Short cut for this menu is Ctrl+G)

Insert Grid on Forex Chart on Metatrader 4 Forex Trading Platform

 

 

Volumes

Volumes in Forex represent tick volumes or the number of times the tick for price changes during a particular time. The more the tick changes the more the volumes. These volumes in Forex are used to estimate the number of traders participating in the market.

 

Volumes are draw as green bars below each candlestick, and the height of these green bars represent the tick volume for a particular candlestick. (Shot cut keys for Volumes: Ctrl+L)

Insert Volumes Indicator on Metatrader 4 Forex Platform

 

 

 

Auto Scroll

Auto scroll option when activated will automatically scroll to the most recent candlestick bar for every chart that is opened. Therefore, the most recent information is displayed and as a trader you do not have to scroll to these recent candlestick bars every time you open a new trading chart.

Chart Auto Scroll Option - Automatically Scroll Chart to Most Recent Price Candlestick

 

 

 

Chart Shift

This button is used to shift the chart more towards the center, instead of the last candlestick being right at the right side of the platform, the shift button will shift the most recent candlestick towards the center. Traders prefer to trade with most recent candlestick shifted toward the middle this makes it easier to analyze the currency movements when they are more towards the center.

 

For example, the shift button is shown below as an arrow pointing down, by pressing this shift button within the chart menus(highlighted below by a rectangle), the last candlestick will shift from the right and move up to this point as shown in the example shown below.

Chart Shift -Shift Chart Towards the Center on Metatrader 4 Platform

 

MetaTrader 4 charts menu options of showing grids, volumes and activating the auto scroll option for automatic scrolling to the most recent candlestick bar and also the shift button for shifting the the last candlestick towards the center.

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