Place Bollinger Bands Indicator on Stock Index Chart on MetaTrader 4
This Tutorial will explain how to place the Bollinger Bands Indicator on Stock Index Chart in the MetaTrader 4 Platform. For technical analysis: Technical Analysis of Bollinger Bands.
How to Place Indices Indicators in MT4 Indices Charts
Step 1: Open The Platform Navigator Window
Open Navigator window as shown & illustrated below: Go to "View" menu (click on it), then choose the "Navigator" window (click), or From Standard Tool Bar click the "Navigator" button or press keyboard short cut keys "Ctrl+N"
On the Navigator window, choose 'Technical Indicators', (Double-Click)
Step 2: Expand the Indices Technical Indicators Menu on the Navigator
Expand the indicator menu by clicking the expand button marker (+) or double-click the "indicators" menu, after that, this button key will then now appear as (-) & will now show as a list as shown below.
From the Above window you can then place any technical indicator you want on the stock index chart.
Placing Bollinger Bands
Step 1: Select the Bollinger Bands button on the MetaTrader 4 list of technical indicators as shown below:
Step 2: Double click the Bollinger Bands Button Key, & click okay to place the technical indicator on the stock indices trading chart as shown and illustrated below:
Edit Stock Indices Trading Indicator Setting
To Adjust the Settings, right click on the Bollinger Bands, select properties and then edit settings using the pop up menu that pops up and then click ok button key after you have changed settings.
The following popup window appears & Bollinger Band settings can be edited from this pop up.