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Placing Arrows on XAUUSD Charts in MT4

The arrows button on the MT4 under the insert menu options is used to draw arrows on the gold charts within the MT4 Gold Trading Platform. The arrow buttons is shown below.

Placing Arrows on Gold Charts on MT4 - MT4 Platform Place Arrows in MT4 Gold Charts - Insert Arrow in MT4 Gold Chart

The Following arrows can be drawn on the MetaTrader under this arrow buttons option:

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

Thumbs Up and Thumbs Down Arrows

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

Thumbs Up and Thumbs Down Arrows on MetaTrader XAUUSD Trading Software - Placing Arrows on XAU USD Charts on MetaTrader 4 - MetaTrader 4 Platform Place Arrows in MetaTrader 4 XAU/USD Charts

Arrow Up and Arrow Down Arrows

The arrow up and arrow down arrows are used to show the levels where a gold trader opens a buy gold trade or levels where a gold trader opens a sell gold trade, these arrow buttons are shown below.

Arrow Up and Arrow Down Arrows in MetaTrader XAU USD Trading Software - MetaTrader 4 Platform Place Arrows on MetaTrader 4 XAU USD Trading Charts

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Stop Sign and Check Sign

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

Stop Sign and Check Sign in MetaTrader XAUUSD Trading Platform - MetaTrader 4 Platform Place Arrows on MetaTrader 4 XAU USD Charts

Left XAUUSD Price Label and Right XAUUSD Price Label

The Gold Price labels are used to show gold prices on the particular level that these labels are set, the right xauusd price label will appear to the right side of the xauusd price while the left side will appear to the left side of the xauusd price as shown on the xauusd trading example illustrated and explained below.

Left XAU USD Price Label and Right XAU USD Price Label on MetaTrader XAU USD Trading Software

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

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