Periodicity Toolbar Menu on Energies Trading Software
Periodicity just means chart timeframes, in MT5 this toolbar is used to select which chart timeframes to trade with.
The time frames listed are:
- 1 Min - M1
- 5 Minute - M5
- 15 Minute - M15
- 30 Min - M30
- 1 H - H1
- 4 Hours - H4
- Daily - D1
- Weekly - W1
- Monthly - MN
As a trader you only require to trade with only about 3 chart timeframes, for example let's say a trader only requires the 15 minute, the 1 hour and the 4 hours time frame, then on the periodicity MT5 toolbar a trader can hide all the others that are not required using the following method.
How to Customize
To add a tool not listed above a trader has to follow these steps
- Right Click at the MT5 toolbar button to the left (Looks like a stack of coins), displayed below
2. Click customize
After following the above steps the customize popup window will appear as shown and illustrated below:
Select as shown above and click the remove button.
The popup window will then look like:
On the platform the periodicity MT5 toolbar will now look like the example shown below:
Using the above setup as a trader you can save space within your MT5 Energy Trading Platform workspace by hiding the time frames which you are not trading with.