Place Standard Deviation in Stock Chart on MT4 Platform

This Lesson will demostrate and describe how to place the Standard Deviation on Chart in the MetaTrader 4 Platform. For technical analysis: Technical analysis of trading All Indicators .

How to Set Standard Deviation in Chart in MT4

How to Set Indicators on MT4 Charts

Step 1: Open The Platform Navigator Window

Open Navigator window panel as illustrated & shown below: Go to "View" menu (click on it) and then select and choose "Navigator" panel window (press), or From Standard Tool Bar click on the "Navigator" button or press short-cut key board keys "Ctrl+N"

In the Navigator window, pick Indicators. Double-click it.

How Can I Set Standard Deviation in MT4 Charts?

Step 2: Open the indicators menu in the Navigator

Open this menu with the plus (+) button or by double-clicking indicators. The button becomes a minus (-) sign. It reveals a list as shown below.

Standard Deviation Within MT4's Indicator Collection - A Description of the Standard Deviation Metric

In the above panel window, traders can add any preferred indicator to their trading chart.

Setting Standard Deviation Stock Indicator in a Chart

Step 1: Locate and select the Standard Deviation option within the MT4 indicator inventory, as depicted in the visual below:

Adding Standard Deviation to MetaTrader 4 Charts - Steps to Place Standard Deviation Properly

Step 2: Click the Standard Deviations Button twice, then click ok to put the technical indicator on the chart as shown below:

How to Trade with Standard Deviation in MT4

Edit Indicator Setting

If you want to alter the settings, right-click on the Standard Deviation tool, choose settings, then change what you want in the window that pops up, and then press the OK button after changing it.

Edit Standard Deviation Settings on MT4 Add StdDev to Charts

The following box shows up, and you can change how Standard Deviation works using this box.

Edit Properties Panel Window for Editing Standard Deviation Setting

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