Setting Arrows on XAUUSD Charts in MT5

The arrows button on the MT5 under the insert menu options is used to plot arrows on the charts within the MetaTrader 5 Software Platform. The arrow MT5 buttons is shown below.

Following arrows can be plotted on the MetaTrader software under this arrow MT5 buttons option:

Thumb Up
Thumb Down
Arrows Up
Arrows Down
Stop Sign Maker
Check Sign Maker
Left Price Label
Right Price Label

Thumbs Up and Thumbs Down Arrows

Thumbs up and thumbs down button can be used on price chart to mark levels where traders can open trade transactions & show levels where traders can close trade. The thumbs up and thumbs down arrows are illustrated below. As a xauusd trader to adjust width, rightclick on these arrows, select properties and choose a different line width.

Arrow Up & Arrow Down Arrows

The arrow up & arrow down arrows are used to show the levels where a trader opens a buy trade position or levels where a trader opens a sell trade, these arrow MT5 buttons are illustrated below.

Stop Sign & Check Sign

The stop sign and check sign also can be used to mark points where a trader opens and closes a trade, for examples the screen shot below shows where a trader opened a buy trade & closed the trade.

Left Price Label and Right XAUUSD Price Label

The Price labels are used to show prices on the particular level that these labels are set, the right price label will pop up to the right side of the price while the left side will appear to the left side of the price like displayed on the example illustration illustrated & explained below.

MetaTrader arrow MT5 buttons & price labels set on the price charts within the MetaTrader 5 Software Platform.

Learn More Topics & Courses:

Trade Gold Trading

Setting Arrows on XAUUSD Charts in MT5

Thumbs Up and Thumbs Down Arrows

Arrow Up & Arrow Down Arrows

Stop Sign & Check Sign

Left Price Label and Right XAUUSD Price Label