Trading Chart Timeframes in MetaTrader 4 Platform
Periodicity just means time frame, in MT4 this tool bar is used to select which time-frames to trade with.
The time-frames listed are:
- 1 Min - M1
- 5 Minutes - M5
- 15 Minutes - M15
- 30 Minutes - M30
- 1 H - 1H
- 4 Hours - H4
- Daily - D1
- Weekly - W1
- Monthly - MN
As a gold trader you only require to trade with only about 3 chart timeframes, for example let us say one only requires the 15 minute, the 1 hour and the 4 hours timeframe, then on the periodicity tool-bar a xauusd trader can hide all the others which are not required by using the following technique.
How to Customize
To add a trading tool not listed above a trader has to follow the following steps
- Right Click at the tool bar button key to the left (Looks like a stack of many coins), illustrated below
2. Click customize
After following above steps the customize pop up window will appear as displayed below:
Select as shown above and click remove button.
The popup panel will then look like:
On the platform the periodicity tool-bar will now look like the illustrations illustrated below:
Using the above setup as a xauusd trader you can save space within your MetaTrader 4 platform workspace by hiding the time frames which you are not trading with.
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