Setting Properties on Charts Menu in MetaTrader 4
The last menu item in the charts menu on the MT4 is the properties button. This button represents settings of the chart that is on the MetaTrader 4 workspace. The properties button on the charts menu is shown below.
Properties Button on MetaTrader 4 for Editing Properties & Settings
Stock Chart Properties
By clicking 'properties' button, following window pop-up will appear displaying various settings for the chart. The examples below show two examples with different parameters.
Example 1:
Example 2:
following properties can be adjusted from the above menu:
- Back ground - change background
- Fore ground - change foreground, objects in the foreground
- Grid - place or remove the grid
- Bar Up - Color of bars, bullish bar
- Bar Down - Colour of bars, bearish bar
- Bull Candlestick - Color of candlesticks, bullish candle
- Bear Candle - Color of candles, bearish candle
- Line Graph - Color of Line
- Volumes - Setting of Volumes
- Ask Line - Settings of Ask Line
- Stop Levels - Settings of the Stop Levels Line
In the above 2 examples these properties are different & thus the difference in appearance of these 2 different settings illustrated on the preview window above.
The Color Scheme
The chart properties window also lists three color scheme as shown below that traders can load and these color schemes are the default pre saved color schemes of the MT4.
Candles Settings
Common Settings
On properties window there is also the next tab marked as 'Common' as illustrated & shown below, this button is for common settings.
The following are the Common Settings that can be activated or de-activated using the window:
Offline, foreground option, shift option and automated scroll properties can also be activated or deactivated from the properties common settings option as displayed above.
Type of chart can be chosen from this menu from the Options Bar, Candlesticks & Line.
Show OHCL, Show ASK Line, Show the Period Separators, Show Grid, Show Volumes & Show Object Description option can be activated or deactivated on this common setting option as illustrated above.
To learn & know more about the above setting or to find out what a particular option means or what it shows you can download the MetaTrader 4 Platform and practice placing these object on charts & changing some of these properties and settings.
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