Place Bollinger Bands Indicator on Chart on MetaTrader 4
This Tutorial will explain how to place the Bollinger Bands Indicator on Chart in the MT4 Platform. For technical analysis: Technical Analysis of Bollinger Bands.
How to Place Forex Indicators on MetaTrader 4 FX Trading Charts
Step 1: Open Navigator Window on Forex 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 Bollinger Bands
Step 1: Select the Bollinger Bands button on the MT4 list of technical indicators as shown below:
Step 2: Double click Bollinger Bands Button, & click okay to insert the indicator on forex chart as shown & illustrated below:
Edit FX Indicator Settings
To Change Settings, right click in Bollinger Bands, choose properties and then edit settings using pop-up menu that pops and click ok button after you've changed settings.
The following popup appears & Bollinger Band settings can be edited from this popup window.