Trade Stock Indices

Setting Arrows on Stock Charts in the MT4

The arrows button on the MT4 under the insert menu options is used to draw arrows on the charts within the MT4 Indices Platform. Arrow button keys is illustrated below.

Placing Arrows on Stock Charts in MT4 Platform Software - Placing Arrows on Charts in MT4

The Following arrows can be plotted on the MetaTrader platform under this arrow buttons option:

  1. Thumb Up
  2. Thumb Down
  3. Arrows Up
  4. Arrows Down
  5. Stop Sign Maker
  6. Check Sign Maker
  7. Left Price Label
  8. Right Price Label

Thumbs Up and Thumbs Down Arrows

Thumbs up and thumbs down button can be used on price chart to mark levels where traders can open trade transactions & show levels where traders can close trade. The thumbs up & thumbs down arrows are illustrated below. As a stock indices trader to adjust width, right click in these arrows, select properties and choose a different line width.

Thumbs Up and Thumbs Down Arrows on MetaTrader Platform - Placing Arrows on Stock Index Charts in MT4

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 trade or areas where a trader opens a sell trade, these arrow button keys are illustrated below.

Arrow Up & Arrow Down Arrows on MetaTrader Software - Placing Arrows on Indices Charts on MT4

Stop Sign and Check Sign

The stop sign and check sign can also be used to mark levels where a stock index trader opens & closes a trade, for examples the screenshot below shows where a trader opened a buy trade and closed the open trade.

Stop Sign and Check Sign on MetaTrader Platform - Indices MT4 Place Arrows on MT4 Indices Charts

Left Price Label and Right Price Label

The Price labels are used to show prices on the specific level which these labels are set, the right price label will appear to the right side of the price while the left side will popup to the left side of the price like shown on the example illustration illustrated and shown below.

Placing Arrows on Indices Charts on MT4 Platform - MT4 Tutorial Indices Chart Analysis

MetaTrader arrow buttons & price labels set on the price charts within the MT4 software.

Study More Tutorials:

Forex Trading Seminar Gala

Forex Trading Seminar

Stock Index Broker