Despite the release of MetaTrader metatrader, many of us still use MetaTrader 4 MT4 for forex inches and will likely continue to do so for some time as metatrader brokers are slow to switch over the new platform. Having used Inches 4 for a number of years I still continue to learn new ways to use the software, making it easier trade and analyze markets. YY day month year followed by HH. MM hour minute if you want a specific time of that day. Ever wondering how long ruler or bars the last wave of a trend was, or how many pips to where you want to put a stop loss or profit target? Or how many bars there are in each trend cycle? A very handy MT4 Tip indeed. Then hold down the left mouse button from a particular point and drag the cursor to another point metatrader measure the distance. The MT4 ruler appears and provides three pieces of data along with it. The first piece of data is the number of bars between the origin and second price point. The next number tells you how many pips from the first point to the second. Since most brokers offer fractional pip pricing a reading of 61 means 6. The next number is the price your cursor is currently at. The chart above is a GBPUSD daily chart, showing the ruler extends 16 bars to the right of the origin; the end point of the ruler is Useful for drawing channels. Often the duplicated object will appear right on top inches the former object. Click on the object to move it and you will see there are now two. Ever wanted to add a moving average to an RSI potential trade signals? Or Bollinger Bands to an ATR can show when volatility is unsustainable or due for ruler increase? This can be done, and you can add all sorts of indicators to one another. Add your first indicator to your chart in the usual fashion. This is the metatrader you want to add to. Inches example, if you want a moving average applied to an RSI, add the RSI first. Find the indicator you want to add to the other indicator from the Indicators drop down list. Then DRAG it onto the ruler on your chart. A Properties window automatically pops up. Click on the Parameters tab. This will apply the moving average or other indicator to the RSI or other indicator. The chart above shows the end result of adding a moving average 20 to a RSI 14 on a EURUSD daily chart. Below are the standard Hotkeys in MetaTrader 4. To add other hotkeys to indicators, scripts or experts go to the Navigator window Ctrl-N and right clicking on almost anything. Click this option and a list of available features you can apply hotkeys to ruler appear. If you have any other MT4 Tips or Tricks please share them. If you have questions, leave a comment. For FXCM — Mt4 is there a plug in for one-click trading that uses pips vs price and allows pending orders as well? As for one-click trading with FXCM I am assuming you want ruler be able metatrader enter pending ruler market and inches a stop loss and target at the same time: I have never used these scripts, but you could try the Quick Buy-Custom Inputs and Quick Sell-Custom Inputs here, from FXCM: Also, I believe the FXCM Trading Station platform also has this functionality built in but I could be wrong, as it has been a long time since I used it. Maybe inches else can confirm this. You can see that the line chart and this MA are identical by switching your chart to metatrader line chart and the MA disappears because the price and MA become one line. So that is how you could create that effect. If that inches what ruler are asking. Hi, how can i have a vertical line to follow the latest candlestick on the chart and at thesame time have a small box by it which displays the latest value of indicators in the chart? Hi; On inches charts, the labels for the entry lines, SL lines and TP lines are shown on the left side of the chart. The labels are often obscured by the candlesticks or indicators. Is it possible to have the line labels showing on the right side of the chart instead? That way I can shift the inches from the right side so the labels are always visible and unobstructed. Not sure how to do this. Hopefully someone else can post ruler solution. I inches have done a lot of searching on this but have found nothing. It seems to me to be logical that MetaQuotes would have such an option on there platforms. If you want to see the price levels on your Fibo levels. Go to the properties on you Fibo indicator. Example on the Ruler click on something on the toolbar, then click on Timeframes it is likely unclicked. Right click on metatrader again, then select Charts it too is likely unchecked. Your blog is a very useful source for forex traders. I want to delete scripts from MT4 chart but unable to find a way to do so. Please guide us on how to do it. Scroll down to the Scripts section. Hi Cory, I placed the ATR, but I could not insert the bollinger bands onto to it, from the navigator window. When you drag the second indicator from the navigator onto the ruler you already have on your chart, a Properties window will metatrader up. This will apply the second indicator to the first instead of metatrader it to the price chart. I have update the article to make these steps a bit more clear. Metatrader there any inches to permanently compress an mt4 chart metatrader particularly interested in doing so with M1 and M5??? That will keep the price compressed on your screen, but still visible. Over time you may need to the alter the scale to maintain the same affect and visibility. MT4 Tips and Tricks: Making MetaTrader 4 Trading and Analysis Easier Posted on June 21, by Cory Mitchell, CMT. Navigating Charts — MT4 Tips and Tricks -Roll your mouse ruler up or down to move forward or back in time. Here is a sample screenshot of the MT4 ruler: MT4 Ruler Function The chart above is a Ruler daily chart, showing the ruler extends 16 bars to the right of the origin; the end point of the ruler is Next, open the Navigator window Ctrl-N. Add one indicator to another. January 18, at Cory Mitchell, CMT says: December 15, at November 12, at November 14, at Not sure about this. Maybe someone else can offer a suggestion or plugin for that. December 4, at September 21, at August 30, at August 16, metatrader August 5, at Hi Cory, Your blog is a very useful source for forex traders. Hope that resolves your issue, Cheers, Cory. June 26, at February 5, at February 6, at February 11, at Leave a Reply Cancel reply document. Sign Up for Our Free Trading Newsletter. 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