Placing Arrows on CFDs Charts on MT4 Software
The arrows button on the MT4 under the insert menu options is used to plot arrows on the cfds charts within the MT4 Platform. The arrow buttons is shown below.
Following arrows can be drawn on the MetaTrader platform under this arrow buttons option:
- Thumbs Up
- Thumbs Down
- Arrow Up
- Arrow Down
- Stop Sign
- Check Sign
- Left Price Label
- Right Price Label
Thumbs Up & Thumbs Down Arrows
Thumbs up and thumbs down button key can be used on cfds price chart to mark levels where traders can open trades and show levels where traders can close trade. The thumbs up & thumbs down arrows are portrayed below. As a trader to adjust the width, right-click on these arrows, select properties & choose a different line width.
Arrow Up and Arrow Down Arrows
The arrow up and arrow down arrows are used to show the levels where a trader opens a buy trade or levels where a trader opens a sell trade, these arrow buttons are shown below.
Stop Sign & Check Sign
The stop sign and check sign can also be used to mark points where a trader opens and closes a trade, for example the image below shows where a trader opened a buy cfd trading trade & closed the trade.
Left CFDs Price Label and Right CFDs Price Label
The Price labels are used to show prices on the specific level which these labels are set, the right cfds price label will appear to the right side of the cfds price while the left side will popup to the left side of the cfds price as pictured on the example shown below.
MetaTrader arrow buttons and price labels set on the cfds price charts within the MT4 trading platform.