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Place Zigzag Indicator on Stock Index Chart in MetaTrader 4

This Tutorial will explain how to place the Zigzag Indicator on a Stock Index Chart in the MetaTrader 4 Platform. For technical analysis: Technical analysis of stock indices All Indicators


Place Zigzag Indicator on Stock Index Chart in MetaTrader 4



How To Place Stock Index Indicators on MetaTrader 4 Stock Index Charts


Step 1: Open The Stock Indices Platform Navigator Window

Open the Navigator window as shown below; Go to “ View ” menu (click), then select the “ Navigator ” window (click), or From Standard Toolbar click the “Navigator” button or press keyboard short cut keys “Ctrl+N”



On the Navigator window, select “Indicators” , (Double Click)

How To Place Zigzag Indicator on MetaTrader 4 Stock Index Charts


Step 2: Expand the Indices Indicators Menu on the Navigator

Expand the menu by clicking the expand button marker (+) or double click the “indicators” menu, after this the button will appear as (-) and will now display a list as shown below.

Zigzag Indicator on MetaTrader 4 List of Stock Index Indicators


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


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Placing Zigzag on Chart

Step 1: Select the Zigzag button on the MetaTrader 4 list of indicators as shown below:

Placing Zigzag Indicator on Stock Index Charts in MetaTrader 4


Step 2: Double click the Zigzag Button, and click okay to place it on the chart as shown below:

How to Trade Stock Indices Trading With Zigzag Indicator on MetaTrader 4


Edit Zigzag Indicator Settings

To Adjust Settings, right click on the Zigzag, select properties and then edit the properties using the popup menu that appears and then click ok after changing the settings.

How to Edit Zigzag Indicator Properties on MetaTrader 4


The following popup window appears and the Zigzag settings can be edited from this popup window.

Edit Properties Window For Editing Zigzag Indicator Settings

 

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