Adjusting Properties on Charts Menu in MT4
The last menu item in the charts menu on the MT4 is the properties button. This button represents settings of the chart that is on the MetaTrader 4 workspace. The properties button on the charts menu is shown below.
Properties Button on MetaTrader 4 for Editing Properties & Setting
Trading Chart Properties
By clicking "properties" button, the following pop-up window will appear displaying various settings for the chart. The examples below show 2 examples with different settings.
Example 1:
Example 2:
following properties can be adjusted from the above menu:
- Back ground - change background
- Fore ground - change foreground, objects in the foreground
- Grid - place or remove the grid
- Bar Up - Color of bars, bullish bar
- Bar Down - Colour of bars, bearish bar
- Bull Candlestick - Color of candlesticks, bullish candle
- Bear Candlestick - Color of candlesticks, bearish candle
- Line Graph - Colour of Line
- Volumes - Settings of Volumes
- Ask Line - Settings of Ask Line
- Stop Levels - Setting of the Stop Levels Line
In the above 2 examples these properties are different and thus the difference in appearance of these 2 different settings illustrated on the preview window above.
The Colour Scheme
The chart properties window also lists three color scheme as shown below that traders can load and these color schemes are the default pre saved color schemes of the MT4 software.
Candlesticks Setting
Common Settings
On the properties window there is also the next tab marked as 'Common' as shown below, this button is for common settings.
The following are Common Settings that can be activated or deactivated using this panel:
Offline, foreground option, shift option and automated scroll properties can also be activated or deactivated from the properties common settings option as shown above.
Type of chart can be chosen from this menu from the Options Bar, Candles and Line.
Show O H C L, Show ASK Line, Show Period Separators, Show Grid, Show Volumes and Show Object Description option can be activated or deactivated on this common setting option as illustrated above.
To learn more about the above setting or to find out what a particular option means or what it displays you can download the MT4 Platform & practice placing these object on charts & changing some of these properties & settings.
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