Trade Gold Trading

Placing Arrows on Charts on MetaTrader 4

The arrows button on the MetaTrader 4 under the insert menu options is used to plot arrows on the charts within the MetaTrader 4 Platform Software. The arrow buttons is illustrated below.

MT4 Platform Place Arrows in MT4 Charts - Insert Arrow in MT4 Chart

Following arrows can be drawn on MetaTrader trading software under this arrow buttons option:

  1. Thumbs Up
  2. Thumbs Down
  3. Arrow Up
  4. Arrow Down
  5. Stop Sign Mark
  6. Check Sign Mark
  7. Left Price Label
  8. Right Price Label

Thumbs Up & Thumbs Down Arrows

Thumbs up & thumbs down button can be used on price chart to mark levels where traders can open trades & show levels where traders can close trade. Thumbs up & thumbs down arrows are shown below. As a gold trader to adjust the width, rightclick on these arrows, choose properties and choose a different line width.

Placing Arrows on Charts in MT4 - MT4 Software Platform Place Arrows in MT4 Charts

Arrow Up and Arrow Down Arrows

The arrow up and arrow down arrows are used to display the levels where one opens a buy trade or areas where a trader opens a sell gold trade, these arrow button keys are illustrated below.

MetaTrader 4 Software Place Arrows on MT4 Trading Charts - MT4 Charts Lesson for Beginners

Stop Sign & Check Sign

The stop sign and check sign also can be used to highlight points where a trader opens and closes a trade, for example the image below shows where a trader opened a buy trade and closed the trade.

MT4 Platform Place Arrows on MT4 Charts - Learn Day Trading MetaTrader 4 Chart Tutorial

Left Price Label and Right Price Label

The Price labels are used to display trading prices on the particular level which these labels are set, the right trading price label will appear to the right side of the price while the left side will popup to the left side of the price just as illustrated in the example illustration depicted & described below.

Left Price Label and Right Price Label on MetaTrader Software - Open a MetaTrader 5 Software Userguide

MetaTrader arrow buttons and trading price labels set on the price charts within the MetaTrader 4 software.

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