Place Bollinger Bands Indicator in Chart in MetaTrader 4

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

How to Place Indicators in Meta Trader 4 Charts

Step 1: Open Navigator Window on Software

Open Navigator panel as shown & illustrated below: Go to 'View' menu (click on it), then select 'Navigator' panel (click), or From Standard Tool Bar click the 'Navigator' button or press keyboard shortcut keys 'Ctrl+N'

On Navigator window, choose 'Indicators', (Double Click)

Step 2: Expand the 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 (-) and will now show as a listing as illustrated below.

From Above panel you then can place any technical indicator you want on the chart.

Placing Bollinger Band

Step 1: Select the Bollinger Bands button on the MT4 list of indicators as shown below:

Step 2: Doubleclick Bollinger Band Button, & click okay to insert the indicator on chart as shown and illustrated below:

Edit Indicator Settings

To Change Settings, right-click in Bollinger Bands, choose properties and then edit settings using pop-up menu that pops & click ok button after you have changed settings.

The following popup appears & Bollinger Band settings can be edited from this popup window.