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Place Relative Strength Index, RSI Indicator on Forex Chart on MetaTrader 4

This Tutorial will explain how to place the Relative Strength Index, RSI Indicator on a Forex Chart in the MetaTrader 4 Platform. For technical analysis: Technical analysis of RSI.

Place Relative Strength Index, RSI 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 RSI Indicator on Metatrader 4 Forex Charts

 

Step 2: Expand the 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.

RSI 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.

 

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Placing RSI on a Chart

Step 1: Select the RSI button on the MetaTader 4 list of indicators as shown below:

Placing RSI on Forex Charts in Metatrader 4 Platform

 

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

How to Trade With RSI Indicator on Metatrader 4 Platform

 

Edit Relative Strength Index Settings

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

How to Edit RSI Indicator Properties on Metatrader 4

 

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

Edit Properties Window For Editing RSI Indicator Settings

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