Silver Chart Timeframes in MetaTrader 4 Platform
Periodicity just means chart time frames, in MT4 this toolbar is used to select which chart time frames to trade with.
The timeframes listed are:
- 1 Minute - M1
- 5 Min - M5
- 15 Minutes - M15
- 30 Minutes - M30
- 1 Hour - H1
- 4 Hours - H4
- Daily - D1
- Weekly - W1
- Monthly - MN
As a trader you only require to trade with only about Three chart time frames, for example let's say a trader only requires the 15 minute, the 1 hour & the 4 hours timeframe, then on the periodicity toolbar a trader can hide all the others that are not required using the following technique.
How to Customize
To add a tool not listed above one has to follow these following steps
- Right Click at the tool-bar button to the left (Looks like a stack of coins), displayed below
2. Click customize
After following the above steps the customize panel popup will appear as shown and illustrated below:
Select as shown above & click the remove button key.
The window pop up will then look like:
On the platform the periodicity tool bar will now look like the examples illustrated below:
Using the above setup as a trader you can save space within your MT4 trading platform workspace by hiding the timeframes which you are not trading with.
What is a Trading Plan? - Writing a Plan Example Template
Alternatives: EA Automated Robots or Copier Trading Signals
