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.

How to Place FX Indicators in MetaTrader 4 Forex Trading Charts

Step 1: Open Navigator Window on FX 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, select 'Technical Indicators', (DoubleClick)

Step 2: Expand the Forex Indicators Menu on the Navigator

Expand the menu by clicking the expand button marker (+) or doubleclick the "indicators" menu, after this the button key will then now appear as (-) & will now be shown as a list as shown below.

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

Placing RSI on a FX Trading Chart

Step 1: Choose the RSI button key in MetaTrader 4 list of technical indicators as displayed below:

Step 2: Double click RSI Button, & click okay to insert the RSI on the forex chart as shown & illustrated below:

Edit Relative Strength Index Forex Technical Indicator Settings

To Change Settings, right click in RSI, choose properties and then edit properties of trading indicator using pop-up menu that pops and click ok button after you've changed settings.

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