Place Zigzag Trading Indicator in Forex Chart on MT4
This Lesson will explain how to place the Zigzag Technical Indicator on a Trading Chart in the MetaTrader 4 Software. For technical analysis: Technical analysis of All Technical Indicators
How to Place Indicators on MT4 Charts
Step 1: Open the Navigator Window on Trading Platform Software
Open Navigator window as shown and portrayed below: Go to "View" menu (click on it), then choose "Navigator" window panel (click), or From Standard ToolBar click "Navigator" button or press key-board short cut keys "Ctrl+N"
On Navigator window, select 'Indicators', (DoubleClick)
Step 2: Expand Trading Indicators Menu on the Navigator
Expand menu by clicking expand button marker (+) or doubleclick "indicators" menu, after this the button will then now appear as (-) and will now be shown as a list as shown below.
From the Above window you then can place any indicator which you as a trader want on the +trading chart.
Setting Zig zag on Chart
Step 1: Select the Zigzag button on the MetaTrader 4 list of technical indicators as illustrated below:
Step 2: Doubleclick Zigzag Button, and click okay button to add it on the forex chart as shown and portrayed below:
Edit Zigzag Forex Indicator Setting
To Change Settings, right click in Zigzag, select properties & then edit settings using popup menu which pops and click okay button after you have changed settings.
The following popup appears & the Zigzag settings can be edited from this popup.
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