Trade Stock Indices

Indicators Insert Option in MT4 Insert Menu

MT4 indicators can be found on the Insert Menu as the first option.

This option has a pop right button that shows the listing of all the MetaTrader 4 indicators under this option as illustrated and shown below.

Indices Technical Indicators Insert Menu on MT4 Menu Options - How Do I Add Indicators in MT4?

The listing is shown below as a popup menu, at the top is a list of the ones most popularly used indicators within the MetaTrader 4 platform by the trader using this software. This list made up of 6 types of indicator groups, which vary from software to software based on the software being used.

Indicators Insert Menu on MT4 Menu Options - How to Add Indicators in MetaTrader 4

Commonly Used in the Example Above

On the above example the most commonly used, these are:

  1. Accelerator Oscillator
  2. Accumulation Distribution
  3. Alligator
  4. Average Directional Movement Index
  5. ATR
  6. Awesome Oscillator

Trend Based

These are displayed below:

Technical Indicators Insert Menu in MetaTrader 4 Menu Options - How Do I Add Technical Indicators in MT4?

These are:

  1. Average Directional Movement Index
  2. Bollinger Bands
  3. Commodity Channel Index
  4. Moving Average
  5. Parabolic SAR
  6. Standard Deviation


Trend based will basically show the general direction of the market. These will either move upward in an uptrend or downward in a down trend. (Or Sideways no direction /no trend).

A trader will henceforth trade with the direction that is the same as that indicated by these trend following.

Oscillators

These Oscillators are illustrated below:

Indicators Insert Menu on MT4 Menu Options - How Do I Add Indicators in MT4?

These Oscillator Technical are:

  1. Average True Range
  2. Bears Power
  3. Bulls Power
  4. DeMarker
  5. Envelopes
  6. Force Index
  7. Ichimoku Kinko Hyo
  8. MACD
  9. Momentum
  10. MA of Oscillator
  11. Relative Strength Index
  12. Relative Vigor Index
  13. Stochastic Oscillator
  14. Williams Percent Range

Volume Based

These are displayed below:

How to Add Technical Indicators in MetaTrader 4

These are:

  1. Accumulation/Distribution
  2. Money Flow Index
  3. On Balance Volume
  4. Volumes

Bill Williams

The MT4 Bill Williams Stock Index indicators are shown below, these were developed by Bill Williams hence their grouping as Bill Williams:

Indicators Insert Menu in MT4 Menu Options Add Indicators in MetaTrader 4

The Bill William are:

  1. Accelerator Oscillator
  2. Alligator
  3. Awesome Oscillator
  4. Fractals
  5. Gator Oscillator
  6. Market Facilitation Index

Custom Trading Indicators

These are shown below,

Indicators Insert Menu in MT4 Menu Options - How Do You Add Technical Indicators in MT4?

Customs are:

  1. Accelerator
  2. Accumulation
  3. Alligator
  4. ATR
  5. Awesome
  6. Bands
  7. Bears
  8. Bulls
  9. CCI
  10. Heiken Ashi
  11. Ichimoku
  12. iExposure
  13. MACD
  14. Momentum
  15. Moving Averages
  16. OsMA
  17. Parabolic
  18. RSI
  19. Stochastic
  20. Zigzag


The Sub Menu, within the Insert Menu can be used to place these indicators on a chart by choosing and then clicking on it to place it on the chart.

Once you click on an indicator the following popup will popup:

Indicators Insert Menu in MT4 Menu Options - How to Add Indicators in MT4

As a trader you can just click the "OK" button to place it on the trading chart.

You can also change a few setting, for example in the above you can set the colour style to blue, change the line width and change the period used to calculate the settings.

A level can also be added by choosing the "Levels" button as shown and illustrated below:

Indices Technical Indicators Insert Menu in MetaTrader 4 Menu Options - How to Add Indicators in MetaTrader 4

To add a level, just click the add button & choose the level where you want to add this levels, normally this is represented as a number. The color of the level can also be changed on the style button marked silver along with the format of the line & the width of the line.

The next button illustrated below, visualization button is used to determine which chart timeframe it should appear on:

Indicators Insert Menu on MetaTrader 4 Menu Options - How Do I Add Indicators in MetaTrader 4?

By default a trading indicator is set to appear on all the chart time frame, but you can uncheck the "All Time frames" option & choose fewer chart time frames where you want it to appear on, for example by choosing only the M15, H1 & H4, this way it will not appear on any other apart from these three, to have it show on all just check the "All Time frames" option.

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