How To Apply Bollinger Bands® With Metatrader 4: Using Bollinger Bands®
AAA
  1. How To Apply Bollinger Bands® With Metatrader 4: Introduction
  2. How To Apply Bollinger Bands® With Metatrader 4: Understanding Bollinger Bands®
  3. How To Apply Bollinger Bands® With Metatrader 4: Using Bollinger Bands®
  4. How To Apply Bollinger Bands® With Metatrader 4: Customizing Bollinger Bands®
  5. How To Apply Bollinger Bands® With Metatrader 4: Editing Bollinger Bands®

How To Apply Bollinger Bands® With Metatrader 4: Using Bollinger Bands®

Traders can apply Bollinger Bands® to any price chart in the MetaTrader 4 platform. To add Bollinger Bands®, choose one of the three methods available to add indicators:

1. Click on the "Add Indicators" icon in the top toolbar to view a list of available indicators. The indicators are categorized under the "type" of indicator, such as Trend, Oscillators and Volumes. Click "Trend" to reveal the sub-menu, and then select "Bollinger Bands®," as shown in Figure 2.


Figure 2: Click on the Indicators icon in the Main Toolbar, select "Trend" and then "Bollinger Bands®."


2.Click Insert on the top toolbar and select "Indicators." Next, select "Oscillators" and then "Bollinger Bands®," as shown in Figure 3.

SEE: An Introduction To Oscillators

Figure 3: In the Main Menu > Insert > Indicators > Trend > Bollinger Bands®.


3. In the "Navigator" window, click to open the Indicator list, and find Bollinger Bands®, as shown in Figure 4. Double-click Bollinger Bands®, right-click and select "Attach to a chart," or drag-and-drop to add the indicator to a price chart.

SEE: Using Bollinger Band® "Bands" To Gauge Trends




Figure 4: Locate Bollinger Bands® in the "Navigator" window and double-click, right-click and select "Attach to a chart," or drag-and-drop to add Bollinger Bands® to an active price chart.
How To Apply Bollinger Bands® With Metatrader 4: Customizing Bollinger Bands®

  1. How To Apply Bollinger Bands® With Metatrader 4: Introduction
  2. How To Apply Bollinger Bands® With Metatrader 4: Understanding Bollinger Bands®
  3. How To Apply Bollinger Bands® With Metatrader 4: Using Bollinger Bands®
  4. How To Apply Bollinger Bands® With Metatrader 4: Customizing Bollinger Bands®
  5. How To Apply Bollinger Bands® With Metatrader 4: Editing Bollinger Bands®
RELATED TERMS
  1. Fintech

    Fintech is a portmanteau of financial technology that describes ...
  2. Indicator

    Indicators are statistics used to measure current conditions ...
  3. Intraday Momentum Index (IMI)

    A technical indicator that combines aspects of candlestick analysis ...
  4. Mass Index

    A form of technical analysis that looks at the range between ...
  5. Money Flow Index - MFI

    A momentum indicator that uses a stock’s price and volume to ...
  6. On-Balance Volume (OBV)

    A momentum indicator that uses volume flow to predict changes ...
  1. What's a good forex strategy to use when spotting a Wedge-shaped Pattern?

    Find out more about the rising and falling wedge formations and how to implement a forex strategy when you spot these patterns ...
  2. How do I perform a financial analysis using Excel?

    Find out how to perform financial analysis through Microsoft Excel, which is probably the most widely used software among ...
  3. How do I use Trade Volume Index (TVI) to create a forex trading strategy?

    Find out about the trade volume index, what it indicates about a security and how to build a forex strategy using the trade ...
  4. Why is the Trade Volume Index (TVI) important for traders and analysts?

    Find out more about the trade volume index, what the indicator measures and why it is important to traders and analysts.

You May Also Like

Related Tutorials
  1. Active Trading Fundamentals

    Introduction to Stock Trader Types

  2. Trading Strategies

    Guide to Pairs Trading

  3. Trading Systems & Software

    Beginner's Guide To J-Trader

  4. Trading Systems & Software

    Beginner's Guide To CQG Integrated Client Trading Platform

  5. Trading Strategies

    Top Investment Trends For 2013

Trading Center