Place Relative Strength Index, RSI Indicator in Forex Chart in MetaTrader 4
This Tutorial will explain how to place 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 Meta Trader 4 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 '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 appear as (-) & will now be shown as a list as shown below.
From the Above window you can then place any trading indicator that you want onto the +trading chart.
Placing RSI on a Trading Chart
Step 1: Choose the RSI button key in MetaTrader 4 list of indicators as displayed below:
Step 2: Doubleclick RSI Button, & 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 and press ok button after you have changed settings.
The following popup appears & technical indicator settings can be edited from this popup.
More Tutorials and Topics:
- Standard Toolbar Menu & Customizing Standard Tool Bar on MetaTrader 4 Software
- How Can I Use MetaTrader 4 Choppiness Index Technical Indicator?
- Learn MetaTrader 4 Shortcut Keys Tutorial Course
- Charts Toolbar Menu & Customizing it on MetaTrader 4 Software
- What is Margin Level in XAUUSD Described?
