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Place Relative Strength Index, RSI Indicator on 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 Chart in MT4

How to Place FX Indicators in MetaTrader 4 Trading Charts

Step 1: Open Navigator Window on FX Platform

Open Navigator window as shown & illustrated below: Go to "View" menu (click on it), then select "Navigator" window (click), or From Standard Tool Bar click the "Navigator" button or press keyboard short cut keys "Ctrl+N"

On Navigator window, select 'Technical Indicators', (DoubleClick)

How to Place Relative Strength Index, RSI Indicator on Chart

Step 2: Expand the Indicators Menu on Navigator

Expand the menu by clicking the expand button marker (+) or doubleclick the "indicators" menu, after this the button key will then now appear as (-) & will now be shown as a list as shown below.

How to Place Relative Strength Index, RSI Indicator on FX Chart

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

Placing RSI on a FX Trading Chart

Step 1: Choose the RSI button key in MetaTrader 4 list of indicators as displayed below:

Placing RSI on Charts on MT4 - Place Relative Strength Index, RSI Indicator on Chart

Step 2: Double click RSI Button, & click okay to insert the RSI on the chart as shown & illustrated below:

Place Relative Strength Index, RSI Indicator on Chart

Edit Relative Strength Index Indicator Settings

To Change Settings, right click in RSI, choose properties and then edit properties of trading indicator using pop-up menu that pops and click ok button after you've changed settings.

How to Place Relative Strength Index, RSI Indicator on FX Chart

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

Edit Properties Window for Editing RSI Indicator Setting - Place Relative Strength Index, RSI Indicator on Chart