Trade Bitcoin Trading

Placing Arrows on Charts in MT4 Software Platform

The button designated for arrows, accessible via the insert menu within MT4, is employed to draw directional indicators onto the charts displayed in the MT4 Bitcoin Software Platform. The controls for these arrows are shown below.

Placing Arrows on Charts in MetaTrader 4 - BTCUSD CryptoCurrency MT4 Add Arrows in MetaTrader 4 Charts

Following arrows can be drawn on the MetaTrader software under this arrow buttons option:

  1. Thumbs Up
  2. Thumbs Down
  3. Arrow Up
  4. Arrow Down
  5. Stop Sign Maker
  6. Check Sign Maker
  7. Left Bitcoin Price Label
  8. Right Bitcoin Price Label

Thumbs Up & Thumbs Down Arrows

The key pair of thumbs up and thumbs down buttons can be utilized on the bitcoin price display to designate optimal entry points for trades and the recommended levels for exiting them. Illustrations of these up and down arrows are provided below. Bitcoin traders can modify the thickness of these arrows by right-clicking them, navigating to properties, and selecting a different line weight.

Thumbs Up and Thumbs Down Arrows on MetaTrader Bitcoin Software - Bitcoin MT4 Add Arrows in MT4 Bitcoin Charts

Arrow Up & Arrow Down Arrows

Upward and downward arrows are utilized to depict the specific price levels where a trader initiates a bitcoin buy or a bitcoin sell, respectively: these directional buttons are displayed beneath.

Arrow Up and Arrow Down Arrows in MetaTrader Bitcoin Software - Bitcoin MT4 Add Arrows on MT4 Bitcoin Charts

Stop Sign and Check Sign

The stop and check signs can also mark levels where a btc usd trader starts and ends a trade: for example, the picture below shows where a trader began a buy btcusd trade and then closed the trade.

Crypto MT4 Add Arrows in MT4 Crypto Charts - MT4 Insert Arrows on Bitcoin Charts on MT4

Left Bitcoin Price Label & Right BTCUSD Price Label

BTCUSD price labels indicate Bitcoin prices at specific levels. The labels appear on either side of the trading chart; the right label appears on the right side of the Bitcoin price, while another label pops up on the left, as demonstrated in the example below.

Left Bitcoin Price Label & Right Bitcoin Price Label on MetaTrader Bitcoin Software

MetaTrader arrow buttons and bitcoin price labels set on the bitcoin trading price charts within the MT4 software.

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Bitcoin Broker