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How to set up chart like a pro Forex Trader in Metatrader 4 and 5
The type of chart should be as per your own preference like I prefer using candlestick charts so I have chosen a candlestick layout. Here I am going to share you, way to set up profiles and templates in mt4 mt5.
00:00 - Introduction
02:06 - Chart setup like a Professional Trader
03:03 - What is OHLC in Metatrader MT4 and MT5
03:14 - Metatrader 4 5 Chart Settings
03:42 - How to Change Candle Colour in Metatrader 4/5
04:05 - customise toolbar in Mt4 and Mt5
05:28 - Customise the Object bar
05:51 - How to Set up Profiles and Templates in mt4 mt5
You want to chart setup like a professional trader then you must know How to set up chart like a pro Forex Trader in Metatrader 4 and 5. I am sharing all info that I know on this like How to Set up Profiles and Templates in mt4 mt5, how to setup chart of mt4 and mt5, setup chart of mt4 and mt5, chart setup like a professional trader
Now, your chart should look clean and clear so that you can easily read it without distraction, for that. I you want to know How to set up chart like a pro Forex Trader in Metatrader 4 and 5 then follow the step that I am given here.
Right-click on the chart
Go to properties
Go to show option
There are various option is there like customise the object bar of the mt4 and mt5. Setup or customise the object bar like pro by following steps.
Like, if you click on show ticker, it will show you the name of the currency pair.
If you select OHLC, opening price, the high, the low, and closing price of the candle.
So, OHLC is short for the open high low close.
The bid price line and ask price will show you the bid price and the asking price offered by the broker and it will be represented by the line and it will be helpful for you to find out the spreads.
Now, I don't need the grid and the volume lines on my chart, so I won't select it.
Show trade levels will show you the level at which your trade is open and show trade history will show you the history of your previous trades.
Now in the colors section,
I like the classic black and white colors for my candlesticks it looks clean.
So, I keep the borders of the candle to black, the bull candle to white, and the bear candle to black.
Keep the rest of the settings the same and we are done with setting up our chart.
And you can see how clean and beautiful the chart looks.
The next thing is setting up the toolbar.
To customize the first panel, right-click, and go to customize.
Now only keep the tools that you need and remove everything else.
The tools which I use are a new chart to open a new chart, profiles as I have a different profile for each trading style.
Full-screen option to fullscreen your chart when needed.
Now, in types of chart, you can either keep all the three or only one, it depends upon you. I sometimes shift to a lin
...
https://www.youtube.com/watch?v=FFBIzeD0f5Y
00:00 - Introduction
02:06 - Chart setup like a Professional Trader
03:03 - What is OHLC in Metatrader MT4 and MT5
03:14 - Metatrader 4 5 Chart Settings
03:42 - How to Change Candle Colour in Metatrader 4/5
04:05 - customise toolbar in Mt4 and Mt5
05:28 - Customise the Object bar
05:51 - How to Set up Profiles and Templates in mt4 mt5
You want to chart setup like a professional trader then you must know How to set up chart like a pro Forex Trader in Metatrader 4 and 5. I am sharing all info that I know on this like How to Set up Profiles and Templates in mt4 mt5, how to setup chart of mt4 and mt5, setup chart of mt4 and mt5, chart setup like a professional trader
Now, your chart should look clean and clear so that you can easily read it without distraction, for that. I you want to know How to set up chart like a pro Forex Trader in Metatrader 4 and 5 then follow the step that I am given here.
Right-click on the chart
Go to properties
Go to show option
There are various option is there like customise the object bar of the mt4 and mt5. Setup or customise the object bar like pro by following steps.
Like, if you click on show ticker, it will show you the name of the currency pair.
If you select OHLC, opening price, the high, the low, and closing price of the candle.
So, OHLC is short for the open high low close.
The bid price line and ask price will show you the bid price and the asking price offered by the broker and it will be represented by the line and it will be helpful for you to find out the spreads.
Now, I don't need the grid and the volume lines on my chart, so I won't select it.
Show trade levels will show you the level at which your trade is open and show trade history will show you the history of your previous trades.
Now in the colors section,
I like the classic black and white colors for my candlesticks it looks clean.
So, I keep the borders of the candle to black, the bull candle to white, and the bear candle to black.
Keep the rest of the settings the same and we are done with setting up our chart.
And you can see how clean and beautiful the chart looks.
The next thing is setting up the toolbar.
To customize the first panel, right-click, and go to customize.
Now only keep the tools that you need and remove everything else.
The tools which I use are a new chart to open a new chart, profiles as I have a different profile for each trading style.
Full-screen option to fullscreen your chart when needed.
Now, in types of chart, you can either keep all the three or only one, it depends upon you. I sometimes shift to a lin
...
https://www.youtube.com/watch?v=FFBIzeD0f5Y
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