Trade Forex Trading

Setting Properties on Charts Menu on MetaTrader 4 Platform

The final option in MT4's "Charts" menu is the "Properties" button. This button opens the settings panel for the active chart on your workspace, allowing you to customize various display options as needed.

Chart Properties in MT4 Charts Menu - MT4 Patterns Guide - Chart Analysis Basics

Properties Button on MT4 for Editing Properties & Setting

Chart Properties

By clicking the 'properties' button, a pop-up will appear displaying various chart settings. The examples below illustrate two scenarios with different settings.

Example 1:

Properties of EURUSD Chart in MT4 - Overview of Forex Chart Properties in MT4 Chart Menu

Example 2:

Change Chart Properties in MT4 - Use Charts and Patterns on MT4

The following properties/settings can be adjusted using the above menu:

  1. Back ground - change background
  2. Fore-ground - change fore-ground, objects in the foreground
  3. Grid - place and set or remove the grid
  4. Bar Up - Colour of bars, bullish bar
  5. Bar Down - Color of bars, bearish bar
  6. Bull Candlestick - Color of candlesticks, bullish candlestick
  7. Bear Candle - Color of candlesticks, bearish candlestick
  8. Line Graph - Color of Line
  9. Volumes - Settings of Volumes
  10. Ask Line - Settings of Ask Line
  11. Stop Levels - Setting of the Stop Levels Line

The two examples above have different qualities, which explains why the two different settings look and appear differently in the preview windows.

The Colour Scheme

The chart properties panel includes three predefined color schemes that traders can select. These saved schemes are default options available in the MetaTrader 4 software.

Chart Color Schemes in MT4 - Set Chart Properties in MetaTrader 4

Candlestick Settings

Common Settings

On properties window there's also the next tab labeled and marked as 'Common' just as is illustrated below, this button is for common settings.

Common Chart Settings on MT4 for Currency Charts - MT4 Pattern

The Following Represent General Parameters That Can Be Toggled On or Off Within This Interface Window:

You can toggle offline, foreground, shift, and auto scroll options. Do this in the common settings as shown.

Chart types, selectable from this menu, include the options of Bar, Candlestick, and Line representations.

Options like Show OHCL, Show ASK Line, Period Separators, Grid View, Volumes Display, and Object Descriptions can be toggled on or off via common setting menus in trading platforms.

To understand these settings better or see what an option does, download the MT4 platform. Practice adding objects to charts and adjusting their properties.

Study More Courses & Courses:

Forex Broker