Trade Forex Trading

Place Bollinger Bands Indicator on Chart in the MT4

This course shows you how to add the Bollinger Band indicator to your chart in MetaTrader 4. We'll dig into technical analysis using Bollinger Bands.

How to Add Bollinger Band Indicator in Chart on MT4 Platform Software - How to Add Bollinger Band Indicators to MetaTrader 4

How to Place Indicators on MT4 Charts

Step 1: Open The Platform Software Navigator Window

Open the Navigator as shown below. Go to the View menu and click it. Select the Navigator panel. Or tap the Standard Toolbar button. Use Ctrl + N as a shortcut.

On the Navigator panel, select 'Technical Indicators', (DoubleClick)

Place Bollinger Band Indicator in Chart in Platform

Step 2: Expand the Technical Indicators Menu in the Navigator

Make the technical indicator list bigger by clicking the protract + button tool mark + or clicking twice on the "indicators" menu: after you do that, this button will be shown as (-) and will show a listing like the one shown below.

How Do I Place Bollinger Band Indicator in Chart on MT4 Platform?

From the window above, you can place any trading indicator of your choice on the chart.

Placing Bollinger Band

Step 1: Select/Choose the Bollinger Band button on the MT4 list of indicators like is shown:

Bollinger Band Technical Indicator Analysis in Trading Described

Step 2: Double-click the Bollinger Bands button. Then hit OK to place the indicator on your chart as shown.

How to Add Bollinger Band Indicator in Chart on the MT4 - How Do I Place Bollinger Band Indicators to MT4?

Edit Indicator Settings

To adjust settings, right-click the Bollinger Bands. Go to Properties. Change options in the pop-up. Click OK when finished.

How Do I Place Bollinger Band Indicator in Chart in MT4 Software Platform? - How to Add Bollinger Band Indicators to MetaTrader 4

The subsequent dialog box will appear, allowing modifications to the Bollinger Bands settings via this accessible pop-up panel.

How Do I Add Bollinger Band Indicators to MT4?

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