Chart Time Frames on MetaTrader 4
Periodicity just means chart time frames, in MetaTrader 4 this toolbar is used to select which chart time frames to trade with.
The time frames listed are:
- 1 Minute - M1
- 5 Minute - M5
- 15 Minutes - M15
- 30 Minutes - M30
- 1 Hour - H1
- 4 Hours - H4
- Daily - D1
- Weekly - W1
- Monthly - MN
As a stock indices trader you only require to trade with only about 3 chart time frames, for example let's say a stock indices trader only requires the 15 minute, the 1 hour and the 4 hours time frame, then on the periodicity toolbar a stock indices trader can hide all the others that are not required using the following method.
How to Customize
To add a tool not listed above a stock indices trader has to follow the following steps
- Right Click at the toolbar button to the left (Looks like a stack of coins), shown below
2. Click customize
After following the above steps the customize popup window will appear as shown below:
Select as shown above and click the remove button.
The popup window will then look like:
On the platform the periodicity toolbar will now look like the example shown below:
Using the above setup as a stock indices trader you can save space within your MetaTrader 4 stock index platform workspace by hiding the time frames which you are not trading with.