Placing Arrows on Charts on MT4

The arrows button on the MetaTrader 4 under the insert menu options is used to plot arrows on the charts within the MT4 Platform. The arrow buttons is shown below.

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

Thumbs Up
Thumbs Down
Arrow Up
Arrow Down
Stop Sign Mark
Check Sign Mark
Left Price Label
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.

Arrow Up and Arrow Down Arrows

The arrow up and arrow down arrows are used to show 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.

Stop Sign & Check Sign

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

Left Price Label and Right Price Label

The Price labels are used to show 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 as illustrated on the example depicted & described below.

MetaTrader arrow buttons and trading price labels set on the price charts within the MT4 platform.

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Trade Gold Trading

Placing Arrows on Charts on MT4

Thumbs Up & Thumbs Down Arrows

Arrow Up and Arrow Down Arrows

Stop Sign & Check Sign

Left Price Label and Right Price Label