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 got a pop right button that shows the listing of all the MetaTrader 4 indicators under this option such as illustrated & shown below.

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

The listing is displayed below as a popup menu, at the top is a list of the ones most popularly used indicators within the MT4 platform software 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 MT4

Often Used in the Example Above

On the above exemplification the most oftenly 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 You 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(Range) no direction /no trend).

One will henceforth trade with the direction that is similar to that indicated by these trend following.

Oscillators

These Oscillators are illustrated below:

Indicators Insert Menu on MT4 Menu Options - How Do You 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
  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 MT4

These are:

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

Bill Williams

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

Indicators Insert Menu in MT4 Menu Options Add Indicators in MT4

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 I 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 as a stock indices trader can just click the "OK" button to place it on the trading chart.

You can also change a few setting, e.g. in the above you as a stock indices trader 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 such as shown and illustrated below:

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

To add a level, just click the add button & choose the level where you want to add this technical 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 figure out which chart time-frame it should appear on:

Indicators Insert Menu on MetaTrader 4 Menu Options - How Do You Add Indicators in MT4?

By default a trading indicator is set to appear on all the chart time-frame, but you as a Stock Index trader can uncheck the "All Time frames" option & choose fewer chart time-frames where you want it to appear on, e.g. 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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