Periodicity Toolbar Menu - Chart Time Frames on MetaTrader 4
Periodicity just means time frames, in MT4 this tool bar is used to select which time frame to trade with.
The time-frames listed are:
- 1 Min - M1
- 5 Minute - M5
- 15 Min - M15
- 30 Min - M30
- 1 H - H1
- 4 Hours - H4
- Daily - D1
- Weekly - W1
- Monthly - MN
As a trader you only require to trade with only about 3 chart time frames, for example lets say a trader only requires the 15 minute, the 1 hour and the 4 hours chart timeframe, then on the periodicity tool-bar a forex trader can hide all the others which aren't required using the following technique.
How to Customize
To add a tool not listed above a forex trader has to follow the following steps
- Right Click at the tool bar button key to the left (Looks like a stack of coins), illustrated below
2. Click customize
After following above steps the customize pop up window will appear as displayed and illustrated below:
Select as shown above and click remove button.
The pop up panel will then look like:
On the platform the periodicity tool bar will now look like the examples shown below:
Using the above setup as a forex trader you can save space within your MetaTrader 4 software workspace by hiding the timeframes which you're not trading with.
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