Templates on the Charts Menu in The MetaTrader 4 Forex Platform
The templates option is provided within the charts menu on the MetaTrader 4 platform. The template is used by many traders to save their trading systems, this way they can load the trading system on a new chart directly from this template option without having to put the indicators one by one every time they open a new chart.
The Templates Option on The MT4 Software is Shown Below:
Save a Trading System as a Template
For example as a trader you may come up with a Forex trading system shown below.
This trading system takes 5 minute to set up, It would take you 5 minutes to set it on every chart you open. But the template will save you this time by saving this template and to place it on another chart you only need to load the template.
To save the above trading system you will open the templates button within the charts menu and use the save template option.
After selecting the save template button the following popup will appear and you can save the template and give it a name as shown below.
The first step is to give the template a name, we name ours as tradeforextrading and click the save button.
Load a Template
To load a template, go the charts menu select the templates button and select the submenu item for load template. This will load the named template on to the new chart as shown below.
The named template is shown on the list above; this is a short cut for the available templates that have been saved. Another option is to use the “Load Template”, which is the second option marked as “Load Template” on the template menu sub items.
The third option in the template sub menus is the remove template; this sub menu item will remove any template loaded on the trading chart.