Placing Arrows on Charts in Meta Trader 4

The arrows button on the MetaTrader 4 under the insert menu options is used to draw arrows on the currency charts within the MetaTrader 4 Platform. The arrow buttons is 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 and Thumbs Down Arrows

Thumbs up and thumbs down 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 and thumbs down arrows are illustrated below. As a forex trader to adjust the width, right click on these arrows, select properties & select a different line width.

Arrow Up & Arrow Down Arrows

The arrow up and arrow down arrows are used to show the levels where one opens a buy trade or levels where one opens a sell trade, these arrow button keys are shown below.

Stop Sign and Check Sign

The stop sign and check sign also can be used to mark points where one opens and closes a trade, for examples the screenshot 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 prices on the specific level that these labels are set, 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 shown on example below.

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

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Trade Forex Trading

Placing Arrows on Charts in Meta Trader 4

Thumbs Up and Thumbs Down Arrows

Arrow Up & Arrow Down Arrows

Stop Sign and Check Sign

Left Price Label and Right Price Label on Software