Placing Arrows on Crude Oil Charts on MetaTrader 4 Platform
The arrows button on the MT4 under the insert menu options is used to plot arrows on the crude oil charts within the MT4 Oil Platform. Arrow buttons is shown below.
Following arrows can be plotted on the MetaTrader software under this arrow buttons option:
- Thumbs Up
- Thumbs Down
- Arrow Up
- Arrow Down
- Stop Sign
- Check Sign
- Left Oil Price Label
- Right Oil Price Label
Thumbs Up & Thumbs Down Arrows
Thumbs up and thumbs down button key can be used on crude oil price chart to mark levels where traders can open trades and show levels where traders can close trade. Thumbs up & thumbs down arrows are shown below. As a trader to adjust the width, right click on these arrows, select properties & choose a different line width.
Arrow Up and Arrow Down Arrows
The arrow up and arrow down arrows are used to show the levels where a trader opens a buy oil trade or levels where a trader opens a sell oil trade, these arrow buttons are shown below.
Stop Sign & Check Sign
The stop sign and check sign can also be used to mark points where a trader opens and closes a trade, for example the image below shows where a trader opened a buy oil trading and closed the trade.
Left Crude Oil Price Label and Right Oil Price Label
The Oil Price labels are used to show crude trading prices on the particular level that these labels are set, the right crude trading price label will pop-up to the right side of the crude trading price while the left side will appear to the left side of the crude trading price as shown on the oil example shown below.
MetaTrader arrow buttons and crude trading price labels set on the crude trading price charts within the MT4 platform.
