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 Software Platform Navigator Window Panel
Open the Navigator window as illustrated below - Navigate to the 'View' menu (then click it) and then select and choose 'Navigator' window (click), or From Standard Toolbar click 'Navigator' button or press keyboard 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 list by clicking the expand (+) button mark (+) or doubleclick 'indicators' menu, after that, this button will then now appear as (-) & will now show as a list such as shown below.
From Above panel you as a trader can then add any indicator which you as the trader want on the chart.
Placing Bollinger Bands
Step 1: Select the Bollinger Bands button on the MetaTrader 4 list of technical indicators just as shown below:
Step 2: Double click the Bollinger Bands Button, and press ok to place the technical indicator onto the chart such 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've changed the setting.
Following popup panel pops up and Bollinger Band settings can be altered and edited from this popup panel.
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