Best Technical Indicators for Stock Indices MT4
On MT4 platform charts menu in the MT4 Platform, the first option is the Charts Menu. The stock indicators list is shown & illustrated below: however it is grayed out meaning that as a trader for now you cannot use this button key, so the question is how to activate? - The button key is shown & illustrated below:
How to Add Indicators to MT4 Stock Index Chart Indicators Guide
This Chart Technical Indicators list will be activated once some indicators are placed on the chart, from the stock example illustrated below the Chart Technical Indicators list button key has been activated as displayed below once the moving average and RSI Technical Indicators have been added on the charts as revealed below:
This option on MT4 is used to list all the MT4 indicators that have been placed on the chart. For example once you click the above button a popup window will then appear listing all the stock indicators placed on the trading chart - Indicators Collection on MT4 Stock Index Chart.
As a trader you can choose any of the indicators listed here on this Indicators Collection and either edit the MT4 indicator or delete the MT4 indicator. To edit or delete choose a single indicator and click the 'Edit' or 'Delete' button.
To Edit a MT4 Technical Indicator, once you click the edit button key, then the following window will pop-up:
From the above Edit Button Keys
- Parameters Button - Edit parameters of an MT4 indicator such as color, line width, calculation method, and the number of price periods used to calculate the MT4 indicator settings.
- Levels Button - Add a level, for example add overbought level at 80% & oversold level at 20% on RSI, by choosing the 'levels' button key, then selecting the point 80 and click add, & repeat for point 20. (First Select The RSI indicator to edit its settings)
- Visualization Button - Specify on which chart time frame the MT4 indicator will popup on.
The second button key is for 'Delete', if you want to delete one trading technical indicator or many of them at once, just select the one you want to delete and then press and click this button.
Stock Indices Trading MT4 Indicators - Technical Indicators Guide - How to Add Indicators to MT4