Line Studies Toolbar Menu on MetaTrader 4

Sometimes traders will say "oh, I can't find Fibonacci expansion tool on my MetaTrader 4 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 MT4 Platform. So how can a trader add a tool, to the line studies toolbar shown below?

Customize a Toolbar on Platform

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

1. Right-Click at the tool-bar button to the left of this(Looks like a stack of coins)as displayed below

3. Click customize 4. Add all Tools

Following customize pop up will appear:

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

The tool bar will now look like:

Explanations of Each Tool

The following is the explanation of each tool on this tool-bar.

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

2: Select 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 trend line

6: Equidistant Channel

7: Fib Retracement

8: Text button

9: Text Label Button Key

10: Fibo Expansion

11: 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: 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 Platform

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

Remove the above tools by clicking on them and then clicking the remove button, so as to save space on your MT4 software workspace.