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Thread: How to setup Indicators on mt4 chart.

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    How to setup Indicators on mt4 chart.

    Dear forum members,
    Me and my colleagues are going to teach you how to setup indicators on MetaTrader 4 chart. By using these indicators you can find the trend of forex market, by using these trends you can easily gain 20 to 100 pips.

    Source: nigeria-forex.com

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    How to set Moving Average on MetaTrader 4 chart

    Moving average is very important indicators on MetaTrader4 chart. Many traders use this Moving Average indicator for technical analysis. In this lesson you will learn how to set Moving Average indicator on your MetaTrader4 chart.

    First open your MetaTrader4 platform.


    1. In the menu bar, click on Insert.

    2. Now click on Indicators

    3. Now click on Trends

    4. finally click on Moving Average.

    After complete above step you will reach to new window


    Now you will see 3 tabs.

    Parameters tab Click on Parameters tab; You can set your moving average property;

    i. Period box; In period box you can set the value of your moving average.

    ii. MA method; you can set the method of moving average by select of any option, if you select Simple it will be called SMA, or select Exponential it will be called EMA

    iii. Apply to; you can set it by default on close or open high low etc

    iv. Style; you can set color of your EMA from this option.

    Now click on Level Tab


    Level Tab ; you can set channel with main MA. Click on Add, then double click on Level and put distance value from your MA. This option is not compulsory. You can avoid this parameter or keep the value 00.

    Now click on visualization tab


    Visualization tab; you can see the time frame where you can use this moving average. If you select All timeframes, then you will see your MA on all time frames.


    Congratulation: you have successfully install moving average on your MetaTrader4 chart.

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