Indicators List on Charts Menu on the MT4 Software - Best Technical Indicators for MT4
In MetaTrader 4 software charts menu in the MT4 Software, the first option is the Charts Menu. The indicators list is shown & illustrated below: however it is grayed out meaning that as a trader for now you can't use this button, so the question is how to activate? - The button is displayed & portrayed below:
MT4 Indicators List - How to Set Trading Indicators to MetaTrader 4 Chart Indicators Explained with Examples
This Chart Indicators listing will be activated once some technical indicators are placed on the trading chart, from the example below the Chart Indicators list button key has been activated just as displayed below once the moving average and RSI Indicators have been added on the charts just as is illustrated and shown below:
This option in MT4 is used to list all the MT4 indicators that have been placed on the trading chart. For example once you click the above button a pop-up window then will appear listing all the technical indicators placed on the chart - Indicators Collection on MT4 Chart.
As a trader you can choose any of the indicators listed here on these Indicators Collection and either edit the MT4 indicator or delete the MT4 indicator. To edit or delete select a single technical indicator & click the "Edit" or "Delete" button key.
To Edit a MT4 Indicator, once you press edit button, then the following panel will appear:
From the above Edit Buttons
- Parameters Button - Edit parameters of an MT4 trading indicator like colour, line width, calculation method, and the No. of price periods used in calculating the MetaTrader 4 indicator settings.
- Levels Button Key - Add a level, e.g. add over-bought level at 70 and over-sold level at 30 on RSI, by selecting the "levels" button tool, then choosing the point as 70 and click add, the repeat for the other point and select 30 as the point where you want to add a level on the indicator. (First Choose The RSI to edit its settings)
- Visualization Button Key - Specify on which chart time frame the MT4 indicator will appear on.
The second button key is for "Delete", if you want to delete one forex indicator or many of them at once, just choose the one you as a trader want to delete and then click & press this button.
Forex MT4 Indicators - Technical Indicators Explained and Described - How to Set Trading Indicators to MetaTrader 4
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