Placing Arrows on XAUUSD Charts in MT5
The arrows button on the MT5 under the insert menu options is used to plot arrows on the gold charts within the MT5 Platform. The arrow MT5 buttons is shown below.
Following arrows can be plotted on the MetaTrader software under this arrow MT5 buttons option:
- Thumbs Up
- Thumbs Down
- Arrow Up
- Arrow Down
- Stop Sign
- Check Sign
- Left Gold Price Label
- Right Gold Price Label
Thumbs Up and Thumbs Down Arrows
Thumbs up & thumbs down button can be used on xauusd price chart to mark levels where traders can open xauusd trades and show levels where traders can close trade. The thumbs up and thumbs down arrows are shown below. As a trader to adjust the width, right click on these arrows, choose 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 gold trade or levels where a trader opens a sell gold trade, these arrow MT5 buttons are shown below.
Stop Sign and Check Sign
The stop sign & check sign can also be used to mark points where a trader opens & closes a trade, for examples the screenshot below shows where a trader opened a buy gold trade & closed the trade.
Left Gold Price Label & Right XAUUSD Price Label
The Gold Price labels are used to show xauusd prices on the particular level that these labels are set, the right xauusd price label will pop-up to the right side of the xauusd price while the left side will appear to the left side of the xauusd price as shown on the xauusd trading example illustrated and explained below.
MetaTrader arrow MT5 buttons and xauusd price labels set on the xauusd price charts within the MT5 Platform.
