Place Average Directional Movement Index, ADX Oil Indicator
This Tutorial will explain how to place the Average Directional Movement Index, ADX indicator on Oil Trading charts on the MT4 Platform. For Technical analysis: ADX Technical Analysis.
How to Place Oil Trading Indicators in MetaTrader 4 Oil Trading Charts
Step 1: Open The Crude Oil Software Navigator Window
Open Navigator window panel as illustrated below: Go to " View " menu (then click on it), then choose " Navigator " window (click), or From Standard ToolBar click on "Navigator" button or press short cut keyboard keys "Ctrl+N"
On Navigator window panel, choose "Indicators" , (DoubleClick)
Step 2: Expand the Crude Oil Indicators Menu on Navigator Menu
Expand the technical indicator menu by clicking on the expand button marker (+) or double click "indicators" menu, after this the button will now then appear as (-) and will now show a list as illustrated below.
From Above window panel you can then place any indicator that you want on the crude oil chart.
Placing Average Directional Movement on a Crude Oil Trading Chart
Step 1: Select the Average Directional Movement Index button on the MT4 list of indicators as shown below:
Step 2: Double click ADX Button, and click okay to place the indicator on oil chart as shown below:
Edit ADX Oil Technical Indicator Setting
To Adjust Settings, right click on ADX, select properties and then edit the properties of the technical indicator using the pop up menu that pops up and then click ok button after changing the settings.
The following window popup appears & ADX settings can be edited from this window panel popup.