Add Bollinger Bands to Bitcoin Chart on MT4

This guide shows how to add Bollinger Bands to a crypto chart in MT4. It covers placing the Bitcoin indicator. Analysis covers Bollinger Bands.

How to Incorporate Bollinger Bands Bitcoin Indicator on Cryptocurrency Chart in MT4

How to Add Bitcoin Trading Indicators on MT4 Crypto Charts

Step 1: Open The Platform Navigator Panel

Open the panel known as the Navigator window, following the steps shown below. Access the main "View" menu, click it, and then select the "Navigator" option. Alternatively, use the shortcut "Ctrl+N" on your keyboard or click the dedicated "Navigator" icon on the Standard Toolbar.

On Navigator panel, select 'Technical Indicators', (Double Press)

Adding the Bollinger Bands Bitcoin Indicator to MetaTrader 4 Charts - BTCUSD with Bollinger Bands

Step 2: Expand Trading Indicators Menu on the Navigator

Make the technical indicator menu bigger by pressing the plus (+) button/tool that looks like a plus sign or clicking "indicators" twice: then, this button changes to a minus (-) sign and shows a list similar to what is shown below.

Bollinger Bands for Bitcoin on MT4 - BTCUSD Bollinger Indicator

From Above panel you can then add any indicator that you want on btcusd chart.

Placing Bollinger Band

Step 1: Pick the Bollinger Bands button on the MetaTrader 4 list of choices, just like how it's presented here:

Trade Bitcoin with Bollinger Bands in MT4 - Analyze Bollinger Bands on BTCUSD

Step 2: Double-click the Bollinger Bands button, then click ok to add the indicator to the chart in the same way that it is shown below:

Bollinger Bands Indicator on MT4 for Crypto - Add Bollinger Bands to Bitcoin Charts

Edit BTCUSD Technical Indicator Setting

To tweak settings, right-click the Bollinger Bands. Choose properties from the menu. Adjust in the pop-up and hit okay.

How Can You Trade Bitcoin Using the Bollinger Bands Indicator on MT4?

The following window panel pop-up appears, allowing for the alteration and editing of Bollinger Band settings from this window pop-up.

Edit Bollinger Bands Settings for Crypto in MT4 - Set Up Bollinger Bands on BTCUSD in MT4

More Topics and Tutorials: