Place Relative Strength Index, RSI Indicator in Forex Chart in MetaTrader 4

This Tutorial will explain how to place the Relative Strength Index, RSI Indicator in a Chart in the MT4 Platform. For technical analysis: Technical analysis of RSI.

How to Place Indicators in Meta Trader 4 Charts

Step 1: Open Navigator Window on Software

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

On Navigator panel, select 'Technical Indicators', (DoubleClick)

Step 2: Expand the Indicators Menu on the Navigator

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

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

Placing RSI on a Chart

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

Step 2: Doubleclick RSI Button, & click okay to insert the RSI on the chart as shown and portrayed below:

Edit Relative Strength Index Indicator Settings

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

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