Place Bollinger Bands Indicator in Chart in MetaTrader 4
This Tutorial will explain how to place the Bollinger Bands Indicator on Chart in the MetaTrader 4 Platform. For trading analysis: Analysis of Bollinger Bands.
How to Place Trading Indicators in MetaTrader 4 Charts
Step 1: Open the Navigator Panel on Trading Platform
Open Navigator panel as shown & illustrated below: Go to 'View' menu (click on it), then select 'Navigator' window panel (click), or From Standard Tool Bar click the 'Navigator' button or press key-board short cut keys 'Ctrl+N'
On Navigator window, choose 'Indicators', (Double Click)
Step 2: Expand Trading Indicators Menu on the Navigator
Expand the indicator menu by clicking the expand button key mark (+) or double-click the 'indicators' menu, after that, this button will then now appear as (-) and will now show as a listing as illustrated below.
From Above panel you then can place any technical indicator which you want onto the +trading chart.
Placing Bollinger Band
Step 1: Select the Bollinger Bands button on the MT4 list of indicators as shown below:
Step 2: Doubleclick Bollinger Band Button, & click okay button to insert the technical indicator on the chart as displayed and illustrated below:
Edit Indicator Settings
To Change Settings, right-click in Bollinger Bands, choose properties and then edit settings using popup menu which pops & click ok button after you have changed settings.
The following popup appears & Bollinger Band settings can be edited from this popup window.
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