Place Money Flow Index on Chart in the MT4
This learn lesson will explain how to add the Money Flow Index indicator on the Chart in the MT4 platform. For analysis: Technical analysis of trading all Technical Indicators.
How to Add Indicators on MT4 XAU/USD Charts
Step 1: Open The Software Platform Navigator Window Panel
Open the Navigator panel window as shown below - Go to "View" menu (then click it) and then select the "Navigator" window (press), or From Standard ToolBar click the "Navigator" button key or press keyboard short cut keys "Ctrl+N"
On the Navigator panel, choose and select "Technical Indicators", (DoublePress)
Step 2: Expand the Technical Indicator Menu on the Navigator
Expand this menu by pressing the enlarge tool emblem mark (+) or double-click the "indicators" menu, and afterwards this particular given button key will then now appear as (-) & will now be put to display as a listing just as illustrated below.
From the Above panel you then can add any indicator which you as the trader want on the chart.
Placing Money Flow Indicator on Chart
Step 1: Select/Choose the Money Flow Index button on the MetaTrader 4 list of indicators as cited below:
Step 2: DoubleClick the MFI Button, & press ok button to add the technical indicator to the chart such as shown below:
Edit Indicator Setting
To Adjust the Settings, right click in the Indicator, select properties setting & then edit properties of the technical indicator using the pop-up menu that pops and then click okay button once you've changed the settings.
The following popup panel appears & Indicator properties settings can be altered & edited from this pop-up window.
Study More Tutorials & Topics:
- Customizing & Arranging Charts Tool Bars in MetaTrader 4 XAUUSD Trade Software Platform
- Multiple XAUUSD Time-frames on Chart Trade
- What's Free Gold Margin in Gold?
- What are the Differences between MetaTrader 4 and MT5 XAU USD Platforms?
- Buying and Selling Gold
- How to Analyze/Interpret Where to Add XAU USD Stop Loss using Resistance Levels in Gold
- MT4 Guide Tutorial XAUUSD Platform Software Tutorial Lesson
- How Do I Gold Set Buy Stop XAU/USD Order on MT5 Platform/Software?
- Periodicity Tool-bar Menu for MetaTrader 4 XAU/USD Charts
- Reversal Patterns vs Continuation Patterns