Chart Timeframes on MetaTrader 4 Software

Periodicity just means chart time frames, in MT4 this toolbar is used to select which chart time-frames to trade with.

The timeframes listed are:

1. 1 Minute - M1
2. 5 Min - M5
3. 15 Minutes - M15
4. 30 Minutes - M30
5. 1 Hour - H1
6. 4 Hours - H4
7. Daily - D1
8. Weekly - W1
9. Monthly - MN

As a trader you only require to trade with only about 3 chart timeframes, for examples let's say a trader only requires the 15 minute, the 1 hour and the 4 hours timeframe, then on the periodicity toolbar a trader can hide all the others that are not required using the following technique.

How to Customize

To add a tool not listed above a trader has to follow the steps below

1. Right Click at the tool-bar button to the left (Looks like a stack of coins), shown below

2. Click customize

After following the above steps the customize popup window will appear as illustrated and shown below:

Select as illustrated above and click the remove button.

The pop up window panel will then look like:

On the platform the periodicity tool bar will now look like the examples illustrated below:

Using the above setup as a trader you can save space within your MetaTrader 4 trading platform workspace by hiding the timeframes which you are not trading with.