Place Average True Range Indicator on Forex Chart on MT4 Software
This Tutorial will show you how to place the Average True Range Indicator on a Chart on the MT4 platform. For Technical Analysis: Technical Analysis of Average True Range.
How to Place Technical Indicators on MT4 Forex Trading Charts
Step 1: Open Navigator Window on FX Trading Platform
Open Navigator window as shown & illustrated below: Navigate to " View " menu (click on it), then select " Navigator " window (click), or From Standard Toolbar click the "Navigator" button or press keyboard short cut keys "Ctrl+N"
On Navigator window, choose 'Indicators' , (Double-Click)
Step 2: Expand the Forex Indicators Menu on the Navigator
Expand the indicator menu by clicking expand button key marker (+) or doubleclick "indicators" menu, after this the button key will appear as (-) and will now display a list as shown & illustrated below.
From the Above window you can then place any technical indicator you want on the forex chart.
Placing ATR on a FX Trading Chart
Step 1: Select the Average True Range button on the MT4 list of technical indicators as shown below:
Step 2: Double click Average True Range Button, & click okay to place the ATR on forex chart as shown and illustrated below:
Edit Forex Trading Indicator Settings
To Adjust Settings, right-click on ATR, choose properties & then edit the properties of the indicator using the pop up menu that pops & then click ok button after you've changed settings.
The following popup window appears and Average True Range Technical Indicator settings can be edited from this pop up panel.