Set Relative Strength Index, RSI Indicator in Chart in MetaTrader 4
This Tutorial will describe how to place the Relative Strength Index, RSI Indicator on a Trading Chart in the MT4 Platform. For technical analysis: Technical analysis of trading RSI.
How to Set Technical Indicators in MT4 Charts
Step 1: Open The Software Navigator Window Panel
Open Navigator panel like as illustrated & shown below: Navigate to "View" menu (click on it) and then select/choose the "Navigator" 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 the menu by clicking the enlarge tool target ed and tagged ' + ' or double-click the "indicators" menu, after that the button will then now be shown as (-) & will now be shown as a list just as shown below.
From Above panel window you then can add any indicator which you as a trader want onto the chart.
Setting RSI on Chart
Step 1: Choose/Select the RSI button key on MT4 list of indicators like is illustrated and shown below:
Step 2: Doubleclick RSI Button, and click okay to insert the RSI on stock chart just as illustrated & shown below:
Edit Relative Strength Index Stock Indicator Setting
To Change Settings, rightclick in RSI, choose property setting and then edit properties of indicator using pop-up menu which appears and click okay but
The following window pop-up appears and stock technical indicator properties settings can be edited using this panel pop-up.
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