What is an MT4 price chart?
- Price Representation: Charts display the historical and current prices of a financial instrument. They can be presented in different formats, such as line charts, bar charts, or candlestick charts.
- Timeframes: You can view charts in various timeframes, ranging from one minute to one month, allowing you to analyse different periods of price action.
- Technical Analysis: Charts support technical analysis by allowing you to apply indicators, trend lines, and other tools to help identify trading opportunities and market trends.
How to Load a Chart in MT4
-
Open MT4: Launch the MetaTrader 4 platform.
-
In the "Market Watch" window, find the financial symbol/instrument you want to view. If the "Market Watch" window is not visible, you can open it by pressing Ctrl+M or selecting "Market Watch" from the "View" menu.
-
To open a new chart, drag and drop the symbol from the "Market Watch" window onto the chart area.
- Right-click on the symbol in the "Market Watch" window and select "Chart Window" from the context menu.
-
Adjust the timeframe of the chart by selecting the desired timeframe from the toolbar, or by right-clicking on the chart and choosing "Timeframes" from the context menu.
-
Customise your chart by adding technical indicators, trend lines, and other analysis tools from the toolbar, or the "Insert" menu.
For a comprehensive overview of what charts are, how to load and operate them, how to change between chart types, and other features and functionalities, please watch the video below.