Place Relative Strength Index, RSI Commodity Trading Indicator on Commodities Chart on MetaTrader 4 Platform
This Tutorial will explain how to place the Relative Strength Index, RSI Commodity Indicator on a Chart in the MT4 Platform. For analysis: Technical analysis of commodity RSI.
How to Place Commodities Indicators in MetaTrader 4 Charts
Step 1: Open The Software Navigator Window
Open the Navigator window as shown and illustrated below: Navigate to ' View ' menu (then click on it), then select ' Navigator ' window (click), or From Standard Toolbar click 'Navigator' button or press keyboard short cut keys 'Ctrl+N'
On Navigator window, choose "Technical Indicators", (Double-Click)
Step 2: Expand the Indicators Menu on the Navigator Menu
Expand the menu by clicking on the expand button key marker (+) or double-click 'indicators' menu, after this the button key will appear as (-) and will now explain a list as shown and illustrated below.
From Above panel you can then add any indicator you want on the Commodities chart.
Placing RSI on a Commodity Trading Chart
Step 1: Select the RSI button on the MT4 list of indicators shown below:
Step 2: Double click RSI Button Key, and click okay to place the RSI on the chart as shown & explained below:
Edit Relative Strength Index Commodities Indicator Settings
To Adjust the Settings, right click in RSI, select properties and then edit the properties of the technical indicator using the popup menu that appears & then click okay button key after
The following window popup appears & technical technical indicator settings can be edited from this window pop up.