Commodities Indicators Insert Option on MetaTrader 4 Insert Menu
MT4 indicators, MetaTrader 4 Commodities Trading Indicators can be found on Insert Menu as a first option.
These best MT4 Commodities Trading Indicators option has a pop right button which shows the list of all the MT4 commodity technical indicators under this option as illustrated below.
The best MT4 indicators list is shown below as a popup menu, at the top is a list of the MT4 indicators most popularly used within the MT4 commodities software by commodity traders using this MT4 software. This MT4 commodity indictors list, which vary from platform to platform depending on the commodity platform being used.
Commonly Used MT4 Commodities Trading Indicators in the Examples Above
On the above examples the most oftenly used MT4 Indicators, these are:
- Accelerator Oscillator
- Accumulation/Distribution
- Alligator
- ADX
- Average True Range Indicator
- Awesome Oscillator
Commodity Trend Based
These are shown below:
These are:
- ADX
- Bollinger Bands Indicator
- CCI
- Moving Average Indicator
- Parabolic SAR
- Standard Deviation
The Commodities Trend Based Technical Indicators will basically show the general direction of the market. These commodity trend technical indicators will either move upward in an upward commodity trend or downwards in a downwards commodities trend. (Or Sideways no direction /no commodity trend).
A trader will therefore trade with direction that is the same as that indicated by these commodity trend following indicators.
Oscillators
These Oscillators are displayed and illustrated below:
These Commodity Trading Oscillator Indicators are:
- Average True Range Indicator
- Bears Power
- Bulls Power
- DeMarker
- Envelopes
- Force Index
- Ichimoku
- MACD
- Momentum
- Moving Average of Oscillator
- Relative Strength Index
- Relative Vigor Index
- Stochastic Oscillator Indicator
- Williams Percent Range
Volume Based
These are shown below:
These commodity volume indicators are:
- Accumulation/Distribution
- Money Flow Index
- On Balance Volume
- Volumes
Volume in Commodity Trading don't measure the transaction volume as there is no central commodity market like stock market, but they measure the tick volume, the more tick volume the more the number of commodity trade transaction, therefore commodity traders use tick volumes to estimate the commodity transaction volumes in the Commodity Trading Exchange Market.
Bill Williams
The MT4 Bill William Commodities Technical Indicators are shown and illustrated below, these were created by Bill Williams hence their grouping as Bill Williams:
The Bill William Indicators are:
- Accelerator Oscillator
- Alligator
- Awesome Oscillator
- Fractals
- Gator Oscillator
- Market Facilitation Index
Commodity Trading Custom Indicators
These commodity custom indicators are shown below,
The Custom Indicators are:
- Accelerator
- Accumulation
- Alligator
- ATR
- Awesome Oscillator
- Bollinger Bands Indicator
- Bears Power
- Bulls Power
- CCI
- Heiken Ashi
- Ichimoku
- iExposure
- MACD
- Momentum
- Moving Averages Commodities Trading Technical Indicator
- OsMA
- Parabolic SAR
- RSI
- Stochastic Oscillator Indicator
- Zigzag
The SubMenu, within MetaTrader 4 Technical Indicators Insert Menu can be used to place these MT4 Commodities Trading Indicators on a commodity chart by selecting and then clicking on the MT4 Commodities Trading Chart Technical Indicator to place it on commodities chart.
Once you click on an MT4 commodities technical trading indicator the following popup will then pop up:
As a trader you can just click the 'OK' button key to place MetaTrader 4 Indicator on the commodities chart.
You can also change a few MT4 Indicators setting, for example in the above MT4 Indicator you can set the color style to blue, change the line width and change the period used to calculate the MT4 Indicator settings.
A level can also be added by choosing the "Areas" button key as shown and illustrated below:
To add a level on a MT4 indicator, just click the add button & choose the level where you want to add this levels, normally this is set as a number. The color of the level can also be changed on the style button key marked silver along with format of the line & the width of the line.
The next button shown below, visualization button is used to determine which commodity chart time frame the MT4 technical indicator should pop up on:
By default a commodity MT4 indicator is set to appear on all the commodities chart time frames, but you can uncheck the "All Time frames" option and select fewer commodity chart time frames where you want the MT4 indicator to appear on, for example by selecting only the M15, H1 and H4, this way it won't appear on any other commodity chart apart from these three commodity chart time frames - to have it show on all commodity chart time frames just check the "All Time frames" option. Learn MetaTrader 4 Technical Commodity Technical Indicators PDF Tutorial - Commodities Indicators MT4 Commodity Trading Platform
