Indicators List on Charts Menu in MT4 - Best Technical Indicators for MetaTrader 4
On MT4 platform charts menu in the MetaTrader 4 Platform, 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 cannot use this button, so the question is how to activate? - The button is shown & illustrated below:
MT4 Indicators List - How to Add Indicators to MT4 Chart Indicators Explained
This Chart Technical Indicators list will be activated once some indicators are placed on the chart, from the example below the Chart Indicators list button key has been activated as displayed below once the moving average and RSI Indicators have been added on the charts as shown below:
This option in MT4 is used to list all the MT4 indicators that have been placed on the chart. For example once you click the above button a pop-up window will then appear listing all the indicators placed on the chart - Indicators Collection on MT4 Chart.
As a trader you can choose any of the indicators listed here on this Indicators Collection and either edit the MT4 indicator or delete the MT4 indicator. To edit or delete choose a single indicator and click the "Edit" or "Delete" button key.
To Edit a MT4 Indicator, once you click the edit button, then the following window will appear:
From the above Edit Buttons
- Parameters Button - Edit parameters of an MT4 indicator such as color, line width, calculation method, & the number of price periods used to calculate the MT4 indicator settings.
- Levels Button Key - Add a level, for example add overbought level at 80% & oversold level at 20% on RSI, by selecting the "levels" button, then selecting the point 80 and click add, & repeat for point 20. (First Select The RSI indicator 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 trading indicator or many of them at once, just choose the one you want to delete and then click and press this button.
Forex MT4 Indicators - Technical Indicators Explained - How to Add Indicators to MT4