Line Studies Toolbar Menu on MT5

Sometimes traders will say "oh, I can not find Fibo expansion tool on my MT5 where can I get it?"

The thing is that all these line studies are located on the line studies toolbar: however, by default not all are set to display, therefore a trader must know where to get these tools that are not displayed by default on the MT5 Commodity Platform. So how can a trader add a tool, to the line studies MT5 toolbar shown below?

Customize a Toolbar on Commodity Trading Software

To add a tool not listed above a trader has to follow steps below

1. Right Click at the MetaTrader 5 toolbar button key to the left of this (Looks like a stack of coins) as displayed below

3. Click customize 4. Add all Tools

Following customize window pop up will appear:

Choose all the tools from the left window panel & add them: After adding this will look like:

The MetaTrader 5 tool-bar will now look like:

Explanations of Each Tool

Following is explanation of each tool on this tool-bar.

1: Choose mouse as cursor, change mouse to the default cursor

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

3: Draw a vertical line

4: Draw a Horizontal line

5: Draw a commodity trend line

6: Equidistant Channel

7: Commodity Fibonacci Retracement

8: Text button

9: Text Label Button Key

10: Commodity Fib Expansion

11: commodity trend by Angle

12: Linear Regression Channel

13:Standard Deviation Channel

14: Gann Lines

15: Gann Fan

16: Gann Grid

17: Fibonacci Time zones

18: Fib Fan

19: Fibo Arc

20: Cycle Lines

21: Andrew's Pitchfork

22: Insert Ellipse

23: Insert Triangle

24: Insert Rectangle

25: Fibonacci Channels

26: Draw Arrows

How to Remove Tools from Commodities Trading Platform

As a trader you'll not need all these button keys and you can hide some of them by clicking on the customize button key, then select some of the items on the right window & then choose hide.

Remove the above tools by clicking on them & then clicking the remove button, so as to save space on your MT5 Commodity Trading Platform workspace.