Place Standard Deviation in Chart on MT4 Platform Software

This Lesson will explain how to place the Standard Deviation Trading Indicator on a Chart in the MT4 Software. For technical analysis: Technical analysis of trading All Technical Indicators .

Standard Deviation for Trading

How to Add Indicators on MT4 Charts

Step 1: Open The Platform Software Navigator Window Panel

Open Navigator window such as illustrated below - Go to "View" menu (then click on it) & then select & choose the "Navigator" panel (click), or From Standard ToolBar click the "Navigator" button or press key-board shortcut keys "Ctrl+N"

On Navigator window, select "Indicators", (DoubleClick)

Place Standard Deviation on a Chart

Step 2: Expand the Technical Indicator Menu on the Navigator

Expand the menu by clicking the magnify (+) tool/button mark off ed and tagged (+) or doubleclick the "indicators" menu, and after which this particular button key will then now appear as (-) & will now be shown as a listing just as is illustrated and shown below.

Standard Deviation for Transacting - Standard Deviation Buy & Sell Signal Indicator

From the Above panel you as a trader can then add any indicator you want on the chart.

Setting Standard Deviation in a Trading Chart

Step 1: Choose the Standard Deviations button on the MetaTrader 4 list of indicators such as shown below:

Standard Deviation for Trading

Step 2: Doubleclick the Standard Deviations Button, & click okay button to add the technical indicator to the chart as portrayed and illustrated and shown below:

How to Use Standard Deviation on Trading Chart

Edit Indicator Settings

To Change the Settings, right click in the Standard Deviation Indicator, select properties setting and then edit property settings using the pop-up menu that pops & then click okay button once you have changed the settings.

How Can I Place Standard Deviation in Chart on Software Platform?

The following popup window appears & Standard Deviation Indicator settings can be altered & edited from this pop-up window.

How Do I Use Standard Deviation in Chart?

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