MT4 Technical Oil Indicators
MT4 indicators, MT4 Indicators can be found on Insert Menu as the first option.
These best MT4 Indicators option has a pop right button key that shows the list of all the MT4 oil indicators under this option as shown below.
The best MT4 indicators list is shown below as a popup menu, at the top is a list of the MT4 indicators most popularly used within the MT4 platform by the traders using this MT4 software. This MT4 oil indictors list, which vary from platform to platform depending on the oil platform being used.
Commonly Used MT4 Indicators in the Example Above
On the above example the most oftenly used MT4 Indicators, these are:
- Accelerator Oscillator
- Accumulation/Distribution
- Alligator
- Average Directional Movement Index
- Average True Range Technical Indicator
- Awesome Oscillator
Oil Trend Based
These are shown below:
These are:
- Average Directional Movement Index
- Bollinger Band Technical Indicator
- CCI
- Moving Average Technical Indicator
- Parabolic SAR
- Standard Deviation
The Oil Trend Based Technical Indicators will basically show general direction of the market. These oil trend indicators will either move upwards in an upward oil trend or downward in a downwards crude oil trend. (Or Sideways no direction /no oil trend).
A trader will therefore trade with direction that's same as that indicated by these oil trend following indicators.
Oscillators
These Oscillators are illustrated below:
These Oil Oscillator Indicators are:
- Average True Range Technical Indicator
- Bears Power
- Bulls Power
- DeMarker
- Envelopes
- Force Index
- Ichimoku Kinko Hyo Technical Indicator
- MACD
- Momentum
- Moving Average of Oscillator
- Relative Strength Index
- RVI
- Stochastic Oscillator Technical Indicator
- William's Percentage Range
Volume Based
These are shown below:
These oil volume indicators are:
- Accumulation/Distribution
- Money Flow Index
- On Balance Volume
- Volumes
Bill Williams
The MetaTrader 4 Bill Williams Oil Technical Indicators are shown and illustrated below, these were developed by Bill Williams hence their grouping as Bill Williams:
The Bill Williams Indicators are:
- Accelerator Oscillator
- Alligator
- Awesome Oscillator
- Fractals
- Gator Oscillator
- Market Facilitation Index
Best MetaTrader 4 Custom Oil Indicators
These oil custom indicators are shown below,
The Custom Indicators are:
- Accelerator
- Accumulation
- Alligator
- ATR
- Awesome Oscillator
- Bollinger Band Technical Indicator
- Bears Power
- Bulls Power
- CCI
- Heiken Ashi
- Ichimoku Kinko Hyo Technical Indicator
- iExposure
- MACD
- Momentum
- Moving Averages Oil Trading Technical Indicator
- OsMA
- Parabolic SAR
- RSI
- Stochastic Oscillator Technical Indicator
- Zigzag
The Sub-Menu, within the MT4 Indicators Insert Menu can be used to place these MetaTrader 4 Indicators on a oil chart by selecting and then clicking on the MT4 Crude Trading Chart Technical Indicator to place it on the crude oil chart.
Once you click on an MetaTrader 4 technical indicator the following pop up will then pop-up:
As a trader you can just click the 'OK' button to place the MT4 Indicator on the crude oil chart.
You can also change a few MetaTrader 4 Oil Trading Indicators setting, for example in the above MT4 Indicator you can set the color style to blue, change the line width and change the period used to calculate the MT4 Indicator settings.
A level can also be added by choosing the 'Levels' button as illustrated below:
To add a level on a MT4 indicator, just click the add button and choose the level where you want to add this zones, normally this is set as a number. Color of the level can also be changed on the style button marked silver along with format of the line and the width of the line.
The next button key shown below, visualization button key is used to determine which oil chart time frame the MT4 technical indicator should pop up on:
By default a oil MT4 indicator is set to appear on all the crude oil chart time frames, but you can uncheck the "All Time frames" option and select fewer oil chart time frames where you want the MT4 indicator to appear on, for example by selecting only the M15, H1 & H4, this way it won't appear on any other oil chart apart from these three oil chart time frames - to have it show on all oil chart time frames just check the "All Time frames" option. Learn MT4 Technical Crude Oil Indicators Course Lesson - Oil Trading Indicators MetaTrader 4 Oil Trading Platform