Periodicity Toolbar Menu - Chart Time Frames in MT4 Software
Periodicity just means chart time frames, in MT4 this toolbar is used to select which chart time frames to trade with.
The time frames listed are:
- 1 Min - M1
- 5 Min - 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 toolbar a trader can hide all the others which are not required using the following method.
How to Customize
To add a tool not listed above a trader has to follow the following steps
- Right-Click at the tool-bar button to the left (Looks like a stack of coins), displayed below
2. Click customize
After following the above steps the customize pop up will appear as shown & illustrated below:
Select as shown above & click remove button.
The pop up will then look like:
On the platform the periodicity toolbar will now look like the examples illustrated below:
Using the above setup as a trader you can save space within your MT4 platform workspace by hiding the timeframes which you are not trading with.