Place Standard Deviation Indicator in Chart in MetaTrader 4
This Lesson will explain how to place the Standard Deviation Indicator on a Trading Chart in the MetaTrader 4 Software. For trading analysis: Technical analysis of xauusd All Trading Indicators .
How to Place Indicators in MT4 Charts
Step 1: Open The Platform Software Navigator Window
Open Navigator panel as shown and portrayed below - Go to 'View' menu (then click) and then select 'Navigator' panel window (click), or From the Standard ToolBar click the 'Navigator' button or press short-cut key-board keys 'Ctrl+N'
On Navigator window, select 'Indicators', (DoubleClick)
Step 2: Expand Technical Indicators Menu on the Navigator
Expand the menu by pressing the expand(+) button marker (+) or double-click the 'indicators' menu, after this the button will then now appear as (-) and will now be shown as a listing as shown below.
From the Above panel you can then place any indicator that you as a trader want onto the +trading chart.
Setting Standard Deviation Indicator on a Chart
Step 1: Select the Standard Deviation button on the MetaTrader 4 list of technical indicators as illustrated below:
Step 2: Double click the Standard Deviation Button, & click ok to place the technical indicator on chart as shown and portrayed below:
Edit Indicator Settings
To Change Settings, right-click in Standard Deviation Trading Indicator, select properties settings and then edit property settings using the pop-up menu that appears & then click ok button after you change settings.
The following pop up window appears & Standard Deviation Indicator parameters can be edited from the pop-up panel.
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