Placing Arrows on Charts in MetaTrader 4

The arrows button on the MT4 under the insert menu options is used to draw arrows on the currency charts within the MetaTrader 4 Software Platform. The arrow buttons is shown/illustrated below.

The Following arrows can be plotted on the MetaTrader software under this arrow buttons option:

Thumbs Up
Thumbs Down
Arrow Up
Arrow Down
Stop Sign Mark
Check Sign Mark
Left Price Label
Right Price Label

Thumbs Up & Thumbs Down Arrows

Thumbs up & thumbs downwards button can be used on price chart to mark levels where traders can open trades and show levels where traders can close trade. The thumbs up & thumbs down arrows are illustrated below. As a forex trader to adjust the width, right click in these arrows, select and choose properties and select a different line width.

Arrow Up and Arrow Down Arrows

The arrow up & arrow downward arrows are used to show and illustrate the levels where a trader opens a buy position or levels where a trader opens a sell position, these arrow button keys are illustrated below.

Stop Sign and Check Sign

The stop sign and check sign also can be used to highlight levels where a trader opens and closes a trade, for examples the screen shot below shows where a trader opened a buy trade and closed the trade.

Left Price Label and Right Price Label on Software

Price labels are used to show and display the price on the specific level which the labels are placed, the right price label will pop-up to the right side of the price while the left side will appear to the left side of the price as revealed in the example illustration laid-out below.

MetaTrader arrow buttons and price labels set on the price charts within the MetaTrader 4 software.

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Trade Forex Trading

Placing Arrows on Charts in MetaTrader 4

Thumbs Up & Thumbs Down Arrows

Arrow Up and Arrow Down Arrows

Stop Sign and Check Sign

Left Price Label and Right Price Label on Software