Place Bollinger Bands Indicator in Chart on MT4
This Tutorial will explain how to place the Bollinger Bands Indicator on Chart in the MT4 Platform. For trading analysis: Analysis of Bollinger Bands.
How to Place Indicators in MT4 XAUUSD Charts
Step 1: Open The Platform Software Navigator Window
Open the Navigator window as illustrated below - Navigate to the 'View' menu (then click it) and then choose 'Navigator' panel window (click), or From Standard Tool Bar click 'Navigator' button or press key-board short cut key 'Ctrl+N'
On the Navigator panel, select "Indicators", (Double-Click)
Step 2: Expand the XAUUSD Indicator Menu on the Navigator
Expand technical indicator menu by clicking expand + button mark (+) or doubleclick 'indicators' menu, after that, this button will then now appear as (-) and will now show as a list as shown below.
From Above panel you can then add any trading indicator which you as the trader want on the +trading chart.
Placing Bollinger Bands
Step 1: Select the Bollinger Bands button on the MT4 list of technical indicators as shown below:
Step 2: Double click the Bollinger Bands Button, and press ok to place the technical indicator onto the chart as shown below:
Edit Indicator Settings
To Change the Settings, right click on Bollinger Bands, choose properties setting & then edit properties using the pop-up menu that pops & then click okay button once you have changed the setting.
Following pop up panel pops up and Bollinger Band settings can be edited from this popup panel.
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