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Line Studies ToolBar Menu on the MT4 Platform

Sometimes traders will claim "oh, I can't find Fib extension tool on my MetaTrader 4 where can I get it?"

The thing is that all these line studies are located on the line studies tool-bar: however, by default not all are set to show, henceforth a btc usd trader must know where to get these tools which are not revealed by default on the MetaTrader 4 BTCUSD CryptoCurrency Platform. So how can a trader add a tool, to the line studies toolbar illustrated below?

Line Studies Toolbar Menu in MT4 Platform - MT4 BTCUSD Line Studies Toolbar Menu Tutorial Guide Described - MT4 Tool Bar Menu PDF

Customize a Toolbar on Bitcoin Platform

To add a tool which is not listed above one has to follow these steps

  1. Right Click at the tool bar button key to the left of this (It looks like a stack of coins) such as shown below

How to Customize and Add Tools on the Line Studies Tool-bar in MT4

3. Click customize 4. Place all Tools

Following customize window popup will appear:

Add Line Tools to the Line Studies Toolbar in the MT4 Software - MT4 BTCUSD Line Studies Tool-bar Menu PDF

Select all the tools from the left window and add them: After adding, it will appear as follows:

Customize and Adding All Tools to the Line Studies Toolbar on MT4 Platform - MetaTrader 4 Line Studies Toolbar Menu PDF

The tool-bar will now look like:

All Tools on Line Studies Toolbar in the MetaTrader 4 Software - MT4 BTCUSD Line Studies Tool-bar Menu Tutorial - MT4 Toolbars

Explanation of Every Tool

Following is explanation of each tool on this toolbar.

MT4 Bitcoin Line Studies Tool-bar Menu PDF

1: Select mouse as cursor, change mouse to default cursor

2: Choose Cross-Hair cursor, a type of cursor which maps the coordinates to the axis of the charts

3: Draw a vertical line

4: Draw a Horizontal line

5: Draw a bitcoin trend line

6: Equidistant Channel

7: Fibonacci Retracement

8: Text button

9: Text Label Button Key

10: Fib Expansion

11: Bitcoin Trend by Angle

12: Linear Regression Channel

13:Standard Deviation Channel

14: Gann Lines

15: Gann Fan

16: Gann Grid

17: Fib Time zones

18: Fibonacci Fan

19: Fibo Arc

20: Cycle Lines

21: Andrews Pitch Fork

22: Insert Ellipse

23: Insert Triangle

24: Insert Rectangle

25: Fibonacci Channels

26: Draw Arrows

How to Remove Tools from BTCUSD Platform

As a trader, you won't need all of these buttons, and as a BTCUSD trader, you can hide some of them. To do this, click the customize button, then pick some of the items on the right and click hide.

How to Remove a Tool from the Lines Toolbar in the MT4 Software - MetaTrader 4 Line Studies Toolbar Menu PDF

Eliminate the aforementioned charting tools by selecting them individually and clicking the 'remove' option, thereby reclaiming valuable screen real estate on your MetaTrader 4 workspace.

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