Periodicity Toolbar Menu on Stocks Trading Software
Periodicity just means chart timeframes, in MT5 this toolbar is used to select which chart time frames to trade with.
The time frames listed are:
- 1 Min - M1
- 5 Min - M5
- 15 Min - M15
- 30 Min - M30
- 1 H - H1
- 4 Hours - H4
- Daily - D1
- Weekly - W1
- Monthly - MN
As a trader you only require to trade with only about Three chart time frames, for example let's say a trader only requires the 15 minute, the 1 hour and the 4 hours time frame, then on the periodicity MT5 toolbar a trader can hide all the others which are not required using the following technique.
How to Customize
To add a tool not listed above a trader has to follow these following steps
- Right-Click at MetaTrader 5 tool-bar button to the left (Looks like a stack of coins), shown below
2. Click customize
After following the above steps the customize popup window will appear as shown below:
Select as shown above & click the remove button key.
The popup panel will then look like:
On the platform the periodicity MetaTrader 5 toolbar will now look like the examples shown below:
Using the above setup as a trader you can save space within your MT5 Stocks Platform workspace by hiding the time frames which you are not trading with.