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