Trade Forex Trading

Placing Arrows on Crude Oil Trading Charts in MT5

The arrows button on the MT5 under the insert menu options is used to draw arrows on the oil charts within the MT5 Oil Trading Platform. Arrow MetaTrader 5 button keys is displayed below.

Placing Arrows on Crude Oil Charts in MT5 - MT5 Charts Described Trading Guide

The Following arrows can be plotted on the MetaTrader software under this arrow MetaTrader 5 buttons option:

  1. Thumbs Up
  2. Thumbs Down
  3. Arrow Up
  4. Arrow Down
  5. Stop Sign
  6. Check Sign
  7. Left Oil Trading Price Label
  8. Right Oil Trading Price Label

Thumbs Up & Thumbs Down Arrows

Thumbs up and thumbs down button can be used on crude oil price chart to mark levels where traders can open crude oil trades and show levels where traders can close trade. The thumbs up and thumbs down arrows are shown below. As a trader to adjust the width, right-click on these arrows, select properties & select a different line width.

Thumbs Up and Thumbs Down Arrows on MetaTrader Oil Trading Platform

Arrow Up and Arrow Down Arrows

The arrow up & arrow down arrows are used to show the levels where a trader opens a buy oil trade or levels where a trader opens a sell oil trade, these arrow MT5 buttons are shown below.

Arrow Up and Arrow Down Arrows in MetaTrader Crude Oil Trading Platform

Stop Sign & Check Sign

The stop sign and check sign can also be used to mark points where a trader opens and closes a trade, for examples the image below shows where a trader opened a buy crude oil trade and closed the trade.

Stop Sign and Check Sign in MetaTrader Oil Trading Platform

Left Oil Trading Price Label & Right Oil Trading Price Label

The Oil Trading Price labels are used to show oil prices on the specific level that these labels are set, the right crude oil price label will pop-up to the right side of the crude oil price while the left side will appear to the left side of the crude oil price as shown on the crude oil trading example explained below.

Left Crude Oil Price Label and Right Crude Oil Trading Price Label in MetaTrader Oil Trading Platform

MetaTrader arrow MT5 buttons and crude oil price labels set on the crude oil price charts within the MT5 Oil Trading Platform.

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