Place Bollinger Bands Indicator on Chart on MT4
This Tutorial will explain how to place the Bollinger Bands Indicator on Chart in the MetaTrader 4 Platform. For analysis: Analysis of Bollinger Bands.
How to Place Indicators on MetaTrader 4 Charts
Step 1: Open The Software Navigator Window
Open Navigator window as shown & illustrated below: Go to "View" menu (click on it), then choose the "Navigator" window (click), or From Standard Tool Bar click the "Navigator" button or press keyboard short cut keys "Ctrl+N"
On the Navigator window, choose 'Technical Indicators', (Double-Click)
Step 2: Expand the Technical Indicators Menu on the Navigator
Expand the indicator menu by clicking the expand button marker (+) or double-click the "indicators" menu, after that, this button key will then now appear as (-) & will now show as a list as shown below.
From the Above window you can then place any technical indicator you want on the chart.
Placing Bollinger Bands
Step 1: Select the Bollinger Bands button on the MetaTrader 4 list of technical indicators as revealed below:
Step 2: Double click the Bollinger Bands Button Key, & click okay to place the indicator on the chart as shown and descrided below:
Edit Stock Indices Indicator Setting
To Adjust the Settings, right click on the Bollinger Bands, select properties and then edit settings using the pop up menu that pops up and then click ok button key after you have changed settings.
The following popup window appears & Bollinger Band settings can be edited from this pop up.