Chart Time Frames on MT4 Oil Trading Platform
Periodicity just means chart time frames, in MT4 this toolbar is used to select which chart time frames to trade with.
The time frames listed are:
- 1 Min – M1
- 5 Min – M5
- 15 Min – M15
- 30 Min – M30
- 1 H – H1
- 4 Hours - H4
- Daily - D1
- Weekly - W1
- Monthly - MN
As a oil trader you only require to trade with only about 3 chart time frames, for example let's say a oil trader only requires the 15 minute, the 1 hour and the 4 hours time frame, then on the periodicity toolbar a oil trader can hide all the others which are not required using the following technique.
How to Customize
To add a tool not listed above a oil trader has to follow these following steps
- Right Click at the tool-bar button to the left (Looks like a stack of coins), shown below
2. Click customize
After following the above steps the customize panel pop-up will appear as illustrated below:
Select as shown above & click remove button key.
The window panel popup will then look like:
On the platform the periodicity tool bar will now look like the example shown below:
Using the above setup as a oil trader you can save space within your MT4 platform workspace by hiding the time-frames which you are not trading with.