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Place Relative Strength Index, RSI Indicator on Forex Chart on MetaTrader 4

This Tutorial will explain how to place the Relative Strength Index, RSI Indicator on a Forex Chart in the MetaTrader 4 Platform. For technical analysis: Technical analysis of RSI.

Place Relative Strength Index, RSI Indicator on Forex Chart on MetaTrader 4 - MT4 RSI Indicator for Day Trading

How to Place Indicators on MetaTrader 4 Charts

Step 1: Open The Navigator Window

Open the Navigator window as shown below; Go to "View" menu (click), then select the "Navigator" window (click), or From Standard Toolbar click the "Navigator" button or press keyboard short cut keys "Ctrl+N"

On the Navigator window, select "Indicators", (Double Click)

How to Place RSI Indicator on MetaTrader 4 Forex Charts - How to Place Relative Strength Index, RSI Indicator on Forex Chart

Step 2: Expand the Indicators Menu on the Navigator

Expand the menu by clicking the expand button marker (+) or double click the "indicators" menu, after this the button will appear as (-) and will now display a list as shown below.

RSI Indicator on MetaTrader 4 List of Forex Indicators - How to Place Relative Strength Index, RSI Technical Indicator on Forex Trading Chart

From the Above window you can then place any indicator that you want on the Forex chart.

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Placing RSI on a Chart

Step 1: Select the RSI button on the MetaTrader 4 list of indicators as shown below:

Placing RSI on Forex Charts in MetaTrader 4 - Place Relative Strength Index, RSI Technical Indicator on Forex Chart - MetaTrader 4 RSI Indicator for Day Forex Trading

Step 2: Double click the RSI Button, and click okay to place the RSI on the chart as shown below:

How Do I Trade with RSI Indicator in MT4? - Place Relative Strength Index, RSI Indicator on Trading Chart

Edit Relative Strength Index Settings

To Adjust Settings, right click on the RSI, select properties and then edit the properties of the Indicator using the popup menu that appears and then click ok after changing the settings.

How Do I Edit RSI Indicator Properties on MetaTrader 4? - How to Place Relative Strength Index, RSI Trading Technical Indicator on Forex Trading Chart

The following popup window appears and the indicator settings can be edited from this popup window.

Edit Properties Window for Editing RSI Indicator Setting - Place Relative Strength Index, RSI Indicator on Forex Chart - MT4 RSI Technical Indicator for Day Forex Trading


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