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Place Bollinger Bands Indicator on Forex Chart on MetaTrader 4 Platform

This Tutorial will explain how to place the Bollinger Bands Indicator on Forex Chart in the MetaTrader 4 Platform. For technical analysis: Technical Analysis of Bollinger Bands.

Place Bollinger Bands Indicator on Forex Chart on Metatrader 4 Platform

 

How To Place Indicators on MetaTrader 4 Charts

Step 1: Open The 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 Bollinger Bands Indicator on Metatrader 4 Forex Charts

 

Step 2: Expand the Indicators Menu on the Navigator

Expand the indicator 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.

Bollinger Bands Indicator on Metatrader 4 List of Forex Indicators

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

 

 

Placing Bollinger Bands

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

How to Trade With Bollinger Bands Indicator on Metatrader 4 Platform

 

Step 2: Double click the Bollinger Bands Button, and click okay to place the indicator on the chart as shown below:

Bollinger Bands Technical Indicator on Metatrader 4 Forex Trading Platform

 

Edit Indicator Settings

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

How to Trade With Bollinger Bands Indicator on Metatrader 4 Platform

 

The following popup window appears and Bollinger Bands settings can be edited from this popup window.

Edit Properties Window For Editing Bollinger Bands Indicator Settings

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