XAUUSD Chart Time Frames in MT4 Software
Periodicity just means chart time frames, in MT4 this tool-bar is used to choose which time frame to trade with.
The time-frames listed are:
- 1 Minute - M1
- 5 Min - M5
- 15 Minutes - M15
- 30 Minutes - M30
- 1 Hour - H1
- 4 Hours - H4
- Daily - D1
- Weekly - W1
- Monthly - MN
As a xauusd trader you only require to trade with only about three chart time-frames, for example let us say a xauusd trader only requires the 15 minutes, the 1 hour and the 4 hours chart timeframe, then on the periodicity toolbar a trader can hide all the others that 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 the 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 & shown below:
Select as shown above & click the remove button key.
The pop-up will then look like:
On the platform the periodicity tool-bar will now look like the examples illustrated below:
Using the above setup as a xauusd trader you can save space within your MetaTrader 4 platform work space by hiding the timeframes which you are not trading with.
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