Place Bollinger Bands Indicator on Forex Chart in MetaTrader 4

This Tutorial will explain how to place the Bollinger Bands Indicator on Forex Chart in the MT4 Platform. For technical analysis: Technical Analysis of Bollinger Bands.

How to Place Indicators in MetaTrader 4 Charts

Step 1: Open Navigator Window on Forex 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 FX 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 Bollinger Bands

Step 1: Select the Bollinger Bands button on the MetaTrader 4 list of technical indicators as shown below:

Step 2: Double click Bollinger Band Button, & click okay to attach the indicator on the forex chart as shown & illustrated below:

Edit FX Trading Indicator Settings

To Adjust Settings, right-click on Bollinger Bands, choose properties & then edit the settings using the pop up menu that pops & then click okay button after you've changed settings.

The following pop up window appears & Bollinger Bands settings can be edited from this popup window.