Place Standard Deviation Indicator in Chart on MT4
This Lesson will explain how to place the Standard Deviation Technical Indicator on a Trading Chart in the MetaTrader 4 Software. For technical analysis: Technical analysis of trading All Technical Indicators .
How to Place Technical Indicators on MetaTrader 4 Charts
Step 1: Open The Platform Software Navigator Window
Open the Navigator panel window as shown below - Go to "View" menu (then click it) & then select "Navigator" panel (click), or From Standard Tool-Bar click the "Navigator" button or press key-board short cut keys "Ctrl+N"
On Navigator window, select "Indicators", (DoubleClick)
Step 2: Expand the Technical Indicator Menu on the Navigator
Expand menu by clicking expand + button marked (+) or doubleclick the "indicators" menu, after this the button key will then now appear as (-) & will now be shown as a listing as illustrated below.
From the Above panel you can then add any trading indicator you want on the +trading chart.
Setting Standard Deviation Indicator in a Trading Chart
Step 1: Choose the Standard Deviations button on the MetaTrader 4 list of technical indicators as shown below:
Step 2: Doubleclick the Standard Deviations Button, & click okay button to add the technical indicator to the chart as portrayed below:
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.
The following popup window appears & Standard Deviation Trading Indicator settings can be edited from this popup window.
Learn More Topics & Courses:
- How to Practice XAU USD Using a Free Practice Demo Practice Account
- How Can I Trade a New Gold Order on Gold MetaTrader 4 Android App?
- How Can I Login to MetaTrader 4 XAUUSD Demo Practice Account?
- How Can I Trade a New Gold Order on Gold MetaTrader 4 iPhone Trade App?
- MetaTrader 4 Chart Pattern Explained Candles Chart Analysis
- XAU USD Platform Software MetaTrader 5 XAU/USD Line Studies Toolbar Menu
- XAUUSD Pull Backs Trading Indicator Gold Strategies