Chart Time Frames on MetaTrader 5
Periodicity just means timeframes, in MT5 this toolbar is used to choose which chart timeframes to trade with.
The time frames listed are:
- 1 Min - M1
- 5 Min - M5
- 15 Min - M15
- 30 Min - M30
- 1 H - H1
- 4 Hours - H4
- Daily - D1
- Weekly - W1
- Monthly - MN
As a trader you only require to trade with only about Three chart timeframes, for example let's say one only requires the 15 min, the 1 hour and the 4 hours time-frame, then on the periodicity MT5 toolbar a trader can hide all the others which are not required using the following method.
How to Customize
To add a tool not listed above one has to follow these following steps
- Right Click at MetaTrader 5 tool-bar button to the left (Looks like a stack of coins), displayed below
2. Click customize
After following the above steps the customize popup window will appear as illustrated & displayed below:
Select as displayed above and click the remove button.
The pop up will then look like:
On the platform the periodicity MT5 toolbar will now look like the examples shown below:
Using the above setup you can save space within your MetaTrader 5 Platform Software work space by hiding the time frames which you are not trading with.