Periodicity Toolbar Menu - Chart Time Frames in MT5 Software
Periodicity just means chart time frames, in MT5 this toolbar is used to select which chart time-frames to trade with.
The time frames listed are:
- 1 Min - M1
- 5 Minute - M5
- 15 Min - 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 time frames, for example lets 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 which are not required using the following technique.
How to Customize
To add a tool not listed above a trader has to follow the following steps
- Right-Click at the MT5 toolbar button key to the left (Looks like a stack of coins), displayed below
2. Click customize
After following the above steps the customize popup panel will pop-up as shown and illustrated below:
Select as shown above & click remove button key.
The pop up panel will then look like:
On the platform the periodicity MT5 toolbar will now look like the examples shown below:
Using the above setup as a trader you can save space within your MT5 Forex Platform workspace by hiding the timeframes which you're not trading with.