Place Average True Range Indicator on Forex Chart in MetaTrader 4
This Tutorial will show you how to place the Average True Range Indicator on a Chart on the MT4 platform. For Technical Analysis: Technical Analysis of Average True Range.
How to Place Technical Indicators on MetaTrader 4 Charts
Step 1: Open Navigator Window on Forex Trading Platform
Open Navigator window as shown & illustrated below: Go to 'View' menu (click on it), then select 'Navigator' window (click), or From Standard Tool Bar click the 'Navigator' button or press keyboard short cut keys 'Ctrl+N'
On Navigator window, choose 'Indicators', (Double-Click)
Step 2: Expand the FX Indicators Menu on the Navigator
Expand the indicator menu by clicking the expand button key mark (+) or double-click the 'indicators' menu, after that, this button will then now appear as (-) & will now show as a list as shown below.
From Above window you can then place any technical indicator you want on the forex chart.
Placing ATR on a Chart
Step 1: Select the Average True Range button key in MetaTrader 4 list of technical indicators as illustrated below:
Step 2: Double click Average True Range Button, & click okay to insert the ATR on forex chart as shown & illustrated below:
Edit Forex Technical Indicator Settings
To Change Settings, right click in ATR, choose properties and then edit properties of trading indicator using pop-up menu that pops and click ok button after you have changed settings.
The following popup appears & Average True Range Technical Indicator settings can be edited from this pop up panel.