Forex Chart Time Frames - Periodicity on Charts Menu in MetaTrader 5
MetaTrader 5 Forex Chart Time Frames: Periodicity on Forex Charts in MetaTrader 5
Periodicity is commonly referred to as Forex Chart Time Frames by many traders. On the MetaTrader 5 platform.
The button below is used to select the periodicity or forex chart time frame to trade with. This button can be accessed on the MetaTrader 5 platform as shown below.
MT5 Chart Time Frames - MetaTrader 5 Forex Chart Time Frame Forex Charts
On the MT5 platform these forex chart time frames are:
- 1 Minute Chart Time Frame - M1
- 5 Minute Chart Time Frame - M5
- 15 Minutes Chart Time Frame - M15
- 30 Minutes Chart Time Frame - M30
- 1 Hour Chart Time Frame - H1
- 4 Hours Chart Time Frame - H4
- Daily Chart Time Frame - D1
- Weekly Chart Time Frame - W1
- Monthly Chart Time Frame - MN
How to Know Which Forex Chart Timeframe You are Using
A common question especially if you are new to forex trading would be how to identify which forex chart time frame you are using on your MetaTrader 5 platform:
There are various methods of knowing which MT5 chart time frame you are using as Shown below:
Use the above Menu as Shown above
In the above forex trading example once you select the periodicity button under the charts menu, then the list of forex MT5 chart time frames is shown and the forex chart time frame that is currently selected, the one that you are using will be highlighted with a different color, on our above example this is the 1 Hour(H1) forex chart time frame, whose Icon on the left is highlighted in light blue.
How to Use MT5 Periodicity Toolbar - MT5 Chart Change Chart Time Frame
This MT5 periodicity MT5 toolbar is by default located at the top of the MetaTrader 5 platform and has all the forex chart time frames marked as shown below. The forex chart timeframe that a forex trader is using will be marked differently from the other forex chart time frames, the selected forex chart time frame will be "indented" as shown below:
Use the information displayed at the top left corner to get MT5 Chart Time Frame
At the top left corner of the forex trading MT5 chart, the MT5 chart time frame is displayed as shown below:
1 Hour MT5 Forex Chart Time Frame
15 Minutes MT5 Forex Chart Time Frame
When you open a forex chart you can then use the above three methods to know which periodicity - forex chart time frame you are trading with.
You can also use the tabs, if you are trading many forex trading charts. To view this tab, Go to "View Menu" then Select "Charts Bar". The following MetaTrader 5 bar will appear that you can use to navigate and it indicates the currency pair as well as the forex trading chart timeframe.
Navigation tabs on MetaTrader 5 workspace.