Line Studies Toolbar Menu on MT4
Sometimes traders will say "oh, I can not find Fibo expansion tool on my MT4 where can I get it?"
The thing is that all these line studies are located on the line studies toolbar: however, by default not all are set to display, therefore a trader must know where to get these trading tools that are not shown by default on the MT4 Crude Oil Platform. So how can a trader add a tool, to the line studies toolbar shown below?
Customize a Toolbar on Crude Oil Trading Platform
To add a tool not listed above a trader has to follow these steps
- Right-Click at the tool-bar button to the left of this(Looks like a stack of coins)as displayed below
3. Click customize 4. Add all Tools
Following customize pop up window panel will popup:
Select all the tools from the left window panel and add them: After adding this will look like:
The tool bar will now look like:
Explanations of Each Tool
The following is the explanation of each tool on this tool bar.
1: Select mouse as cursor, change mouse to the default cursor
2: Choose Cross Hair cursor, a type of cursor that maps coordinates to the axis of the charts
3: Draw a vertical line
4: Draw a Horizontal line
5: Draw a oil trend line
6: Equidistant Channel
7: Oil Fibo Retracement
8: Text button
9: Text Label Button Key
10: Oil Trading Fib Expansion
11: Oil Trading Trend by Angle
12: Linear Regression Channel
13:Standard Deviations Channel
14: Gann Lines
15: Gann Fan
16: Gann Grid
17: Fib Time zones
18: Fib Fan
19: Fibo Arc
20: Cycle Lines
21: Andrew's Pitchfork
22: Insert Ellipse
23: Insert Triangle
24: Insert Rectangle
25: Fibonacci Channels
26: Draw Arrows
How to Remove Tools from Oil Trading Software
As a trader you'll not require all these button keys and you can hide some of them by clicking the customize button key, then select some of the items on right window and then choose hide.
Remove the above tools by clicking on them & then clicking the remove button, so as to save space on your MT4 crude oil trading platform workspace.
