Placing Arrows on Stocks Charts on MT4 Software
The arrows button on the MT4 under the insert menu options is used to plot arrows on the stock charts within the MT4 Stock Platform. Arrow buttons is illustrated below.
Following arrows can be plotted on the MetaTrader platform under this arrow buttons option:
- Thumbs Up
- Thumbs Down
- Arrow Up
- Arrow Down
- Stop Sign
- Check Sign
- Left Stock Price Label
- Right Stock Price Label
Thumbs Up and Thumbs Down Arrows
Thumbs up & thumbs down button key can be used on stocks 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, choose properties & select a different line width.
Arrow Up & Arrow Down Arrows
The arrow up and arrow down arrows are used to show the levels where a trader opens a buy stock trade or levels where a trader opens a sell stock trade, these arrow button keys are shown below.
Stop Sign and Check Sign
The stop sign & check sign can also be used to mark points where a trader opens & closes a trade, for example the screenshot below shows where a trader opened a buy stocks trade and closed the open trade.
Left Stocks Price Label & Right Stock Price Label
The Stock Price labels are used to show stock prices on the particular level which these labels are set, the right stocks price label will appear to the right side of the stocks price while the left side will popup to the left side of the stocks price as shown on the stocks examples illustrated & described below.
MetaTrader arrow buttons and stocks price labels set on the stocks price charts within the MT4 stocks trading platform.
