Traders can apply one or more MAs to any price chart in the MetaTrader 4 platform. To add a MA, choose one of three methods to add indicators:
- 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 trend indicators and then select "Moving Average."
- Click "Insert" on the top toolbar and select "Indicators." Next, select "Trend" and then "Moving Average," as shown in Figure 2.
Figure 2: To add a moving average, from the Main Menu > Indicators > Trend > Moving Average.
- In the Navigator window, click to open the Indicator list, and find "Moving Average," as shown in Figure 3. Double-click "Moving Average," right-click and select "Attach to a chart," or drag-and-drop to add the indicator to a price chart.
Figure 3: In the Navigator window, click "Indicators" to open the indicator list. Double-click, right-click and select "Attach to a chart" or drag-and-drop the indicator to an active price chart.
How To Apply Moving Averages With MetaTrader 4: Customizing The MA
TradingUnfortunately, there is no perfect investment strategy that will guarantee success, but you can find the indicators and strategies that will work best for your position.