Place Market Facilitation Index Indicator on XAUUSD Chart in MT4
This Tutorial will explain how to place the Market Facilitation Index Indicator on a Gold Chart in the MT4 Platform. For technical analysis: Technical analysis of gold trading All Indicators
How to Place Gold Indicators on MT4 XAUUSD Charts
Step 1: Open The XAUUSD Platform Navigator Window
Open the Navigator window as shown below; Go to "View" menu (click), then select the "Navigator" window (click), or From Standard Toolbar click the "Navigator" button or press keyboard short cut keys "Ctrl+N"
On the Navigator window, select "Indicators", (Double Click)
Step 2: Expand the XAUUSD Indicator Menu on the Navigator
Expand the menu by clicking the expand button marker (+) or double click the "indicators" menu, after this the button will appear as (-) and will now display a list as shown below.
From the Above window you can then place any technical indicator that you want on the Gold chart.
Placing Market Facilitation Indicator on a Chart
Step 1: Select the MFI button on the MT4 list of technical indicators as shown below:
Step 2: Double click the Market Facilitation Index Button, and click okay to place this indicator on the chart as shown below:
Edit MFI Settings
To Adjust Settings, right click on the indicator, select properties and then edit the properties of the MFI indicator using the popup menu that appears and then click ok after changing the settings.
The following popup window appears and the gold indicator settings can be edited from this popup window.