Place Relative Strength Index, RSI Indicator in Forex Chart in MT4
This Tutorial will describe how to place and add the Relative Strength Index, RSI Indicator in a Chart in the MT4 Software. For technical analysis: Technical analysis of RSI.
How to Place Technical Indicators in MT4 Charts
Step 1: Open Navigator Window on Trading Platform Software
Open Navigator window as shown and portrayed below: Go to "View" menu (press on it), then select "Navigator" panel (press), or From Standard Tool Bar click "Navigator" button or press key board shortcut keys "Ctrl+N"
On Navigator panel, select and choose 'Technical Indicators', (DoublePress)
Step 2: Expand the Technical Indicators Menu on the Navigator
Expand the menu by clicking expand button marker (+) or double-click "indicators" menu, after this the button will then now be shown as (-) & will now be put to display as a list as shown below.
From the Above window you as a trader can then place any trading indicator that you want onto the trading chart.
Placing and Adding RSI on a Trading Chart
Step 1: Choose the RSI button key in MT4 list of indicators as displayed below:
Step 2: Doubleclick RSI Button, and click okay to insert the RSI on the chart as shown and portrayed below:
Edit Relative Strength Index Indicator Settings
To Change Settings, right click in RSI, select properties & then edit properties of trading indicator using pop-up menu that pops & press ok button after you have changed settings.
The following popup appears & technical indicator settings can be changed and edited using this popup.
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