Placing Arrows on Charts in MT4 Software Platform
The arrows button on the MT4 under the insert menu options is used to plot arrows on the charts within the MT4 Bitcoin Software Platform. Arrow button keys is shown below.
Following arrows can be drawn on the MetaTrader platform under this arrow buttons option:
- Thumbs Up
- Thumbs Down
- Arrow Up
- Arrow Down
- Stop Sign Maker
- Check Sign Maker
- Left Bitcoin Price Label
- Right Bitcoin Price Label
Thumbs Up & Thumbs Down Arrows
Thumbs up & thumbs down button key can be used on bitcoin price chart to mark levels where traders can open trades and show levels where traders can close trade. Thumbs up and thumbs down arrows are illustrated below. As a bitcoin trader to adjust width, right click in these arrows, select properties and select a different line width.
Arrow Up & Arrow Down Arrows
The arrow up & arrow down arrows are used to show and display the levels where a trader opens a buy bitcoin trade or levels where a trader opens a sell bitcoin trade, these arrow buttons are shown below.
Stop Sign and Check Sign
The stop sign and check sign can also be used to mark and highlight levels where a btc usd trader opens and closes a trade, for example the screen shot below shows where a trader opened a buy btcusd trading and closed the trade.
Left Bitcoin Price Label & Right BTCUSD Price Label
The BTCUSD Crypto Price labels are used to show and display bitcoin prices on the specific level which these labels are set, the right bitcoin price label will appear to the right side of the bitcoin trading price while the left side will popup to the left side of the bitcoin price such as shown on the trading example shown below.
MetaTrader arrow buttons and bitcoin price labels set on the bitcoin trading price charts within the MT4 software.
Learn More Lessons and Courses:
- How Do I Analyze Quote in MetaTrader 5 Platform
- How to Open MT4 Practice BTC USD Trade Account
- MT4 Strategy Tester Download Data
- 1 Minute BTC USD Candlestick Times Trade
- How Do I Choose a BTCUSD Broker?
- How Do I Use Buy Stop BTC USD Trade Order on MetaTrader 5 Platform?
- Bollinger Band Price Action in Range-Bound Markets BTC USD Strategies
- How to Interpret and Analyze a BTCUSD Trend Reversal in BTC USD Trade
- Moving Average BTC/USD Trading Indicator Strategy
- How Do You Add MT5 Bitcoin Trade Alligator Indicator in MT5 BTCUSD Chart in MT5 Platform?