Place Bollinger Bands Indicator on XAUUSD Chart on MT4

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

How to Place XAUUSD Indicators in MetaTrader 4 XAUUSD Charts

Step 1: Open The Platform Navigator Window

Open the Navigator window panel as shown below - Navigate to 'View' menu (then click it) & then choose 'Navigator' window (click), or From Standard Tool Bar click the 'Navigator' button or press keyboard shortcut key 'Ctrl+N'

On Navigator panel, choose "Technical Indicators", (DoubleClick)

Step 2: Expand the Gold Trading Indicator Menu on the Navigator

Expand the indicator menu by clicking the expand button key mark (+) or double-click the 'indicators' menu, after that, this button will then now appear as (-) & will now show as a list as shown below.

From Above panel you can then add any technical indicator you want on the xauusd chart.

Placing Bollinger Band

Step 1: Select the Bollinger Bands button on the MT4 list of technical indicators as shown below:

Step 2: Doubleclick the Bollinger Bands Button Key, and click ok to place the technical indicator on the chart as shown below:

Edit XAUUSD Technical Indicator Settings

To Adjust the Settings, right click on Bollinger Bands, choose properties setting & then edit properties using the pop up menu that pops up and then click ok button once you have changed the setting.

Following pop-up window panel pops up & Bollinger Band settings can be edited from this pop-up panel.