Place Standard Deviation Indicator in Chart on MT4

This Lesson will explain how to place the Standard Deviation Indicator on a Chart in the MetaTrader 4 Platform. For technical analysis: Technical analysis of trading All Indicators .

How to Place Indicators on Meta Trader 4 Charts

Step 1: Open The Platform Navigator Window

Open the Navigator 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 keyboard short cut keys "Ctrl+N"

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

Step 2: Expand the Technical Indicator Menu on the Navigator

Expand the menu by clicking expand button marked (+) or double click 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 indicator you want on the 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 pictured below:

Step 2: Doubleclick the Standard Deviations Button, & click okay to place the technical indicator in 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 properties using the popup menu that pops up & then click ok button once you've changed the settings.

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