Set Relative Strength Index, RSI Indicator in Chart in MetaTrader 4
This Tutorial will explain how to place the Relative Strength Index, RSI Indicator on a Chart in the MT4 Platform. For technical analysis: Technical analysis of trading RSI.
How to Place Technical Indicators in Meta Trader 4 Charts
Step 1: Open The Platform Navigator Window
Open Navigator window as illustrated and shown below: Navigate to "View" menu (click it) and then choose "Navigator" panel (click), or From Standard Toolbar click ++oon the "Navigator" button key or press short-cut key-board keys "Ctrl+N"
On Navigator window, choose 'Technical Indicators', (Double Click)
Step 2: Expand the Indicators Menu on the Navigator
Expand the menu by clicking the expand button marked (+) or doubleclick the "indicators" menu, after this the button key will then now appear as (-) & will now be shown as a list as shown below.
From Above panel you then can add any indicator you want on chart.
Setting RSI on Chart
Step 1: Choose the RSI button key on MT4 list of indicators as illustrated and shown below:
Step 2: Double click RSI Button, & click okay to insert the RSI on stock chart as illustrated and shown below:
Edit Relative Strength Index Stock Indicator Setting
To Change Settings, right click on RSI, choose property setting and then edit properties of indicator using pop up menu that appears and click okay but
The following window pop-up appears and stock technical indicator settings can be edited from this panel popup.