Place Relative Strength Index, RSI in Forex Chart in the MT4 Software
This Tutorial Course will describe how to place and add the Relative Strength Index, RSI in a Chart in the MetaTrader 4 Software. For technical analysis: Technical analysis of RSI.
How to Add Indicators on MT4 Charts
Step 1: Open Navigator Window on Trading Platform Software
Open the Navigator window such as shown and portrayed below: Go to the "View" menu (press on it), then select and choose the "Navigator" window (press), or From Standard Tool Bar click "Navigator" button or press key board short cut keys "Ctrl+N"
On Navigator panel, select and choose 'Technical Indicators', (DoublePress)
Step 2: Expand the Technical Indicators Menu in the Navigator
Expand the menu by clicking the protract button tool object "+" or double-click "indicators" menu, and afterwards this specified button will then now be shown as (-) & will now be put to display as a list like is shown below.
From the Above window you as a trader can then place any indicator that you want onto the trading chart.
Placing and Adding RSI on a Trading Chart
Step 1: Choose/Select the RSI button key in MT4 list of indicators such as displayed below:
Step 2: Double Click RSI Button, and click okay to insert the RSI on the chart just as is shown and portrayed below:
Edit Relative Strength Index Settings
To Change Settings, right click in RSI, select properties and then edit properties of technical indicator using pop-up menu that pops & press ok button after you've changed settings.
The following popup appears & technical indicator settings can be changed and edited using this popup.
More Tutorials and Topics:
- Standard Tool Bar Menu and Customizing Standard Tool Bar on MT4 Software Platform
- How Can I Use MetaTrader 4 Choppiness Index Technical Indicator?
- Learn MT4 Shortcut Keys Lesson Tutorial
- Charts Toolbar Menu & Customizing it on MT4 Software Platform
- What is Margin Level in XAUUSD Described?
