Place Zigzag Technical Indicator on Forex Chart in MT4 Platform
This Lesson will describe how to place and add the Zigzag Technical Indicator in a Chart in the MT4 Software. For technical analysis: Technical analysis of All Trading Indicators
How to Set Indicators on MT4 Charts
Step 1: Open the Navigator Window on Trading Platform Software
Open Navigator window such as shown and illustrated below: Navigate to "View" menu (click on it), then choose "Navigator" window (click), or From Standard Tool Bar click "Navigator" button or press key board shortcut keys "Ctrl+N"
On Navigator window, select 'Indicators', (DoubleClick)
Step 2: Expand Trading Technical Indicators Menu on the Navigator
Expand the menu by clicking the magnify button tool sign '+' or doubleclick the "indicators" menu, afterwards this particular given button will then now appear and be shown as (-) & will now be revealed as a list such as shown below.
From the Above window you then can place any indicator that you as a trader want on the chart.
Setting and Placing Zigzag Indicator on a Chart
Step 1: Select/Choose the Zigzag button on the MetaTrader 4 list of indicators just as is illustrated and shown below:
Step 2: Doubleclick Zigzag Button, and click ok button to add it on the forex chart such as shown and portrayed below:
Edit Zigzag Forex Indicator Setting
To Change Settings, right click in Zigzag, select properties and then edit settings using popup menu which pops and click ok after you have changed settings.
The following popup appears & the Zig Zag settings can be altered and edited using this popup.
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