Placing Arrows on Gold Charts in MetaTrader 4 XAUUSD Trading Platform
The arrows button on the MetaTrader 4 under the insert menu options is used to draw arrows on the gold charts within the MetaTrader 4 XAUUSD Platform. The arrow buttons is shown below.
The Following arrows can be drawn on the MetaTrader under this arrow buttons option:
- Thumbs Up
- Thumbs Down
- Arrow Up
- Arrow Down
- Stop Sign
- Check Sign
- Left XAUUSD Price Label
- Right XAUUSD Price Label
Thumbs Up and Thumbs Down Arrows
Thumbs up and thumbs down button can be used on gold price chart to mark levels where traders can open trades and show levels where traders can close trade. The thumbs up and thumbs down arrows are shown below. As a xauusd trader to adjust the width, right click on these arrows, select properties and select a different line width.
Arrow Up and Arrow Down Arrows
The arrow up and arrow down arrows are used to show the levels where a xauusd trader opens a buy xauusd trade or levels where a xauusd trader opens a sell xauusd trade, these arrow buttons are shown below.
Stop Sign and Check Sign
The stop sign and check sign can also be used to mark points where a xauusd trader opens and closes a trade, for example the image below shows where a xauusd trader opened a buy xauusd trade and closed the trade.
Left XAUUSD Price Label and Right XAUUSD Price Label
The XAUUSD Price labels are used to show xauusd prices on the particular level that these labels are set, the right gold price label will appear to the right side of the gold price while the left side will appear to the left side of the gold price as shown on the xauusd example shown below.
MetaTrader arrow buttons and gold price labels set on the gold price charts within the MetaTrader 4 gold trading platform.