Place MACD Indicator in Forex Chart on MT4
This tutorial will explain how to place MACD Indicator on a chart in the MetaTrader 4 Software. For Analysis: Technical Analysis of MACD.
How to Place FX Indicators in MetaTrader 4 Charts
Step 1: Open the Navigator Window on Trading Platform Software
Open Navigator window as shown and portrayed below: Go to "View" menu (press on it), then choose "Navigator" window (press), or From Standard ToolBar click "Navigator" button or press key-board shortcut keys "Ctrl+N"
On Navigator panel, select 'Indicators', (DoubleClick)
Step 2: Expand the FX Indicators Menu on the Navigator
Expand menu by clicking expand button marker (+) or doubleclick "indicators" menu, after this the button will then now appear as (-) and will now be shown as a list as shown below.
From the Above window you then can place any indicator which you as a trader want on the +trading chart.
Placing MACD on Chart
Step 1: Select the MACD button on the MetaTrader 4 list of technical indicators as shown below:
Step 2: Double click MACD Button, and press ok to insert the trading indicator on forex chart as shown and portrayed below:
Edit Indicator Settings
To Change Settings, right click on MACD Indicator, choose properties & then edit settings using pop-up menu that pops and click okay button after you have changed settings.
The following popup appears and MACD Indicator parameters can be edited from this pop up panel.
More Topics and Tutorials:
- Download Trade Platform Software MT4 Software
- How Can I Trade Forex with Trading Accounts?
- How to Start FX Trading for Beginners Guide
- How is EUROSTOXX 50 Index Traded on the MetaTrader 4 & MetaTrader 5 Platform?
- How to Calculate Leverage Forex Using 1:100 & 1:400 Example
- What are Chaikins Money Flow Buy & Sell Trading Forex Trade Signals?
- Starting Forex with MT4 Forex Brokers & Learning Their Software Platforms
- JP 225 MT4 JP 225 Name in MetaTrader 4 Software
- What is XAU USD Margin Risk?