Line Studies Toolbar Menu on MT4 Software
Sometimes traders will say "oh, I can't find Fibonacci expansion tool on my MT4 where can I get it?"
The thing is that all these line studies are located on the line studies toolbar: however, by default not all are set to display, therefore a trader must know where to get these trading tools that are not shown by default on the MT4 Metal Trading Software. So how can a trader add a tool, to the line studies toolbar shown below?
Customize a Toolbar on Metal Trading Platform
To add a tool not listed above a trader has to follow these following steps
- Right-Click at the tool-bar button to the left of this(Looks like a stack of coins)as displayed below
3. Click customize 4. Add all Tools
The following customize window pop up will appear:
Choose all the tools from the left panel & add them: After adding this will look like:
The toolbar will now look like:
Explanations of Each Tool
Following is explanation of each tool on this tool-bar.
1: Choose mouse as cursor, change mouse to the default cursor
2: Select Cross Hair cursor, a type of cursor that maps coordinates to the axis of the charts
3: Draw a vertical line
4: Draw a Horizontal line
5: Draw a metals trend line
6: Equidistant Channel
7: Metals Trading Fibo Retracement
8: Text button
9: Text Label Button Key
10: Metals Trading Fibonacci Expansion
11: Metals Trend by Angle
12: Linear Regression Channel
13:Standard Deviation Channel
14: Gann Lines
15: Gann Fan
16: Gann Grid
17: Fibonacci Time zones
18: Fibo Fan
19: Fibo Arc
20: Cycle Lines
21: Andrew's Pitchfork
22: Insert Ellipse
23: Insert Triangle
24: Insert Rectangle
25: Fibonacci Channels
26: Draw Arrows
How to Remove Tools from Metals Trading Software
As a trader you will not need all these buttons and you can hide some of them by clicking on the customize button, then choose some of the items on the right window and then select hide.
Remove the above tools by clicking on them and then clicking the remove button, so as to save space on your MT4 metal trading platform workspace.
