Trade Forex Trading

Setting Properties on Charts Menu in MT5

The last menu item in the charts menu on the MT5 is the properties button. This button represents settings of the chart that is on the MT5 workspace. The properties button on the charts menu is shown below.

Chart Properties on Charts Menu in MT5 - Forex MT5 Chart Properties on Charts Menu - MT5 Charts Described Tutorial

Properties Button in MT5 for Editing Properties & Settings

Chart Properties

By clicking 'properties' button, following popup will appear displaying the various settings for chart. The examples below explain two examples with different settings.

Example 1:

Chart Properties on EURUSD Chart on MetaTrader 5 - How to Read MT5 Software Tutorial Chart Analysis Beginners Tutorial

Example 2:

Editing Chart Properties on the MT5 Software - MT5 Software Lesson Chart Analysis Trading PDF

following properties can be adjusted from the above menu:

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

In the above two example these properties are different & thus the difference in appearance of these two different settings shown on preview windows above.

Forex Broker

The Color Scheme

The chart properties window also lists three color scheme as shown below that traders can load and these color schemes are the default pre saved color schemes of the MT5 Software.

Color Scheme Properties of Charts on the MT5 Software - Forex MT5 Chart Properties on Charts Menu

Candle Settings

Common Settings

On properties window there is also the next tab marked as "Common" as shown & illustrated below, this button key is for common settings.

Common Chart Setting in MT5 for Charts - MetaTrader 5 Chart Properties on Charts Menu on MT5

The following are The Common Setting that can be activated or deactivated using this window panel:

Offline, foreground option, shift option & automated scroll properties can also be activated or deactivated from properties common settings option as shown above.

Type of chart can be chosen from this menu from the Options Bar, candles and Line.

Show O H C L, Show ASK Line, Show Period Separators, Show Grid, Show Volumes & Show Object Description option can be activated or deactivated on this common settings option as illustrated above.

To learn more about the above setting or to find out what a particular option means or what it displays you can download the MT5 Platform and practice placing these object on charts and changing some of these properties & settings.