Create account Try a Demo

MT4: Charts & Customisation

BASIC - Lesson 22

Learn how to use advanced technical analysis tools on MT4 such as trend lines, support and resistance levels, channels and more.

This lesson takes approximately: 10 minutes

*Since the recording of these videos, negative balance protection has come into force from 02.10.17. This means that whilst trading losses cannot exceed funds in your account, your capital is still at risk.

In this lesson, you’ll learn:

  • How to customise charts to your needs
  • How to create a new template
  • How to add new charts and replace older ones

As you may already be aware, the main part of the MT4 platform is the Chart Window, which has a black background by default.  

 

If you prefer to work in a different colour, MT4 allows you to customise the appearance of the charts for your trading needs. Simply right-click on the chart and select ‘Properties’:

Here you’re able to fully customise charts to your preferences.

Templates

Once you’ve set everything to your preferences, you can save your individual settings to a template for when you open new charts. To do so, right-click on the chart, select Template, then Save Template, and give your new template a name.

Tip: if you name your own template ‘default’ every new chart will be opened with your preferences.

Charts customisation

For most traders, the chart is the most important source of market information. That’s why good customisation is so important. The fastest way to customise your chart is by using the icons located in the upper menu. All of these icons are fairly self-explanatory but here’s a detailed breakdown in case you need some pointers.

You can easily change the chart type:

You can also easily keep track of the price of the instrument at different intervals:

Zoom in or zoom out:

Apply any technical analysis element:


If you would like to compare charts side by side, you can open up multiple charts in one window with this icon:

MT4 offers you everything you need in one place and at your fingertips. Adjust the platform to suit your needs today and start trading now!

Quiz

Test your knowledge of this lesson with our quiz:

START QUIZ
1/3

MT4 allows you to:

NEXT QUESTION
2/3

The technical analysis toolbar on MT4 can be found:

PREVIOUS NEXT QUESTION PREVIOUS
3/3

How many charts can be added to each workspace on MT4?

PREVIOUS END QUIZ PREVIOUS

Sorry but you didn’t pass this quiz, you can try again. Your score is . Wrong answers:

TRY AGAIN

Success! You passed this quiz. Congratulations!

TRY YOURSELF ON DEMO GO TO NEXT COURSE

Test your knowledge with an xStation demo account

TRY DEMO

Next course: INTERMEDIATE

Learn more complex tools and techniques that will help you in trading.

START COURSE

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

×