Adding the Zigzag Indicator on Charts in MetaTrader 4 Software

This Lesson will describe how to place Zigzag Indicator on Trade Chart in the MetaTrader 4 Software. For analysis: Technical analysis of gold All Trading Indicators

Adding the Zigzag Indicator to Charts in MetaTrader 4 - Steps to Apply Zigzag Indicator

How to Place Indicators in MetaTrader 4 Charts

Step 1: Open The Platform/Software Navigator Window

Open Navigator panel just as shown - Navigate & go to 'View' menu (then click on it) and then choose 'Navigator' window panel (press), or From the Standard Tool-Bar click the 'Navigator' button or press short-cut key-board keys 'Ctrl+N'

In the Navigator window, pick Technical Indicators. Double-click it.

Set Zigzag Indicator in MT4 - Analyze Charts with Zigzag Tool

Step 2: Expand Indicators Menu in the Navigator

To reveal the menu, activate the expand (+) button or perform a double-click on the 'indicators' section: this action transforms the button display to (-) and presents the corresponding list, as illustrated subsequently.

How Do I Add Zig Zag Indicator in Chart?

In the panel mentioned above, if you trade gold, you can add any trading tool you want to the trading chart you are using.

Setting Zigzag on Chart

Step 1: Select the Zigzag option from the MT4 indicators list, as depicted below:

How to Use Zigzag Indicator on Chart in Platform

Step 2: Perform a double-click on the Zigzag Button, then choose "ok" to superimpose it onto the chart, exactly as depicted and showcased below:

Add Zigzag Indicator to MT4 Chart - Zigzag Tool in MetaTrader 4

Edit Zigzag Indicator Settings

To Change how it looks, click the Zigzag with the right mouse button, then pick settings and change them using the window that pops up, and then hit the ok button.

How to Place Zigzag Indicator on MT4 Chart? - Add Zigzag Indicator to Your MT4 Chart

The subsequent pop-up window appears, allowing modifications and edits to the Zig Zag settings via this specific window.

Set Zigzag Indicator on MT4 Chart - Use Zigzag Indicator in MT4

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