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 Trading Chart in the MT4 Software. For technical analysis: Technical analysis of trading RSI.
How to Place Technical Indicators in MetaTrader 4 Charts
Step 1: Open The Software Navigator Window
Open Navigator panel as illustrated and shown below: Navigate to the "View" menu (click it) and then select "Navigator" panel window (click), or From Standard Tool-Bar click on the "Navigator" button or press short cut key-board keys "Ctrl+N"
On Navigator window, choose 'Technical Indicators', (Double Click)
Step 2: Expand Indicators Menu on the Navigator
Expand menu by clicking expand button marked (+) or double click the "indicators" menu, after this the button will then now appear as (-) & will now be shown as a list as shown below.
From Above window panel you then can add any indicator which you as a trader want onto the chart.
Setting RSI on Chart
Step 1: Choose the RSI button key on MT4 list of indicators as illustrated & shown below:
Step 2: Doubleclick 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, rightclick 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.
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