Indicators List on Charts Menu on MT4 - Best Technical Indicators for Forex MetaTrader 4

On MT4 platform charts menu in the MT4 Forex Platform, the first option is the Charts Menu. The indicators list is shown and illustrated below: however it is grayed out meaning that as a trader for now you cannot use this button key, so the question is how to activate? - The button key is shown and illustrated below:

MT4 Indicators Explained - How to Add Indicators to MT4 Forex Chart Indicators Explained

This Forex Chart Technical Indicators list will be activated once some technical indicators are placed on the forex chart, from the example below the Forex Chart Technical Indicators list button key has been activated as displayed below once the moving average and RSI Technical Indicators have been added on the forex charts as shown below:

This option on MT4 platform is used to list all the MT4 technical indicators that have been placed on the forex chart. For example once you click the above button a popup window will appear listing all the indicators placed on the chart - Indicators Collection in MT4 Forex Chart.

As a trader you can choose any of the indicators listed here on this Indicators Collection and either edit the MT4 indicator or delete the MT4 indicator. To edit or delete choose a single indicator and click the 'Edit' or 'Delete' button.

To Edit a MetaTrader 4 Technical Indicator, once you click the edit button, then the following window panel will pop-up:

From the above Edit Buttons

• Parameters Button - Edit parameters of an MT4 technical indicator such as color, line width, calculation method, and the number of price periods used to calculate the MT4 indicator settings.
• Levels Button - Add a level, for example add overbought level at 80% and oversold level at 20% on RSI, by choosing the 'levels' button, then choosing the point 80 & click add, and repeat for point 20. (First Select The RSI indicator to edit its settings)
• Visualization Button - Specify on which forex chart time frame the MT4 technical indicator will popup on.

The second button key is for 'Delete', if you want to delete one indicator or many of them at once, just choose one you want to delete and then press this button key.

Forex MT4 Indicators - Indicators Explanation - How to Add Indicators to MetaTrader 4