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Display arrows and other objects

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Display arrows and other objects

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On MetaTrader4 (MT4) / MetaTrader5 (MT5), you can display objects such as an upward arrow and a downward arrow on charts. There are 11 types of objects on MT5, and 8 types on MT4 by default, while other objects can also be chosen from the list.

Here we will look at how to display and set up these objects on MT4/MT5.

Switch between MT4/MT5 tabs to check the steps for each.

mt4
mt5

Step 1

Click "Insert" in the menu. Hover the pointer over "Arrows" and select an object.

Select an object from the menu Select an object from the menu

  1. Thumbs Up/Down

    Thumbs Up/Down Thumbs Up/Down

    Highlight a specific part of the chart with a thumbs-up/thumbs-down object.

  2. Up/Down Arrow

    Up/Down Arrow Up/Down Arrow

    Highlight a specific part of the chart with an upward/downward arrow.

  3. Stop/Check Sign

    Stop/Check Sign Stop/Check Sign

    Highlight a specific part of the chart with an X mark or check mark.

  4. Left/Right Price Label

    Left/Right Price Label Left/Right Price Label

    Show a price using a price label on the left/right side.

Step 2

Click where you want to place the object on the chart. If you want to adjust the position of the object, make sure a white dot is being displayed on the object and move it as necessary. If you cannot see the white dot, double-click near the object to display it.

Place the object on the chart Place the object on the chart

Step 3

To modify the object settings, right-click near the object and select "(object name) properties...".

Modify the object settings Modify the object settings

Step 4

On the "Properties" window, edit the parameters in the "Common", "Parameters", and "Visualization" tabs and click "OK".

"Common" tab

Common tab Common tab

Number

Item name

Descriptions

1

Name

Name the object.

2

Description

The description of the object can be displayed on the chart.

Related article: Show or hide items on chart

3

Style

Set the color, line type, and line thickness for the object.

4

Draw object as background

Check this box if you want to place the object behind the chart.

"Parameters" tab

Parameters tab Parameters tab

Number

Item name

Descriptions

1

Date

Specify the object position by date, time, and price.

2

Arrow code
Select from 224 objects by typing a code between 32 and 255.
Related article: List of arrow codes

"Visualization" tab

On the "Visualization" tab, you can specify the timeframes to use the object with.

Visualization tab Visualization tab

Step 1

Click "Insert" in the menu. Hover the pointer over "Objects" > "Arrows" and select an object.

Select an object Select an object

  1. Thumbs Up/Down

    Thumbs Up/Down

    Highlight a specific part of the chart with a thumbs-up/thumbs-down object.

  2. Up/Down Arrow

    Up/Down Arrow

    Highlight a specific part of the chart with an upward/downward arrow.

  3. Stop/Check Sign

    Stop/Check Sign

    Highlight a specific part of the chart with an X mark or check mark.

  4. Left/Right Price Label

    Left/Right Price Label

    Show a price using a price label on the left/right side.

  5. Buy/Sell Sign

    Buy/Sell Sign

    Draw a blue upward arrow or a red downward arrow to indicate a buy/sell sign.

Step 2

Click where you want to place the object on the chart. If you want to adjust the position of the object, make sure a white dot is being displayed on the object and move it as necessary. If you cannot see the white dot, double-click near the object to display it.

Place the object Place the object

Step 3

To modify the object settings, right-click near the object and select "Properties of (object name)".

Modify the object settings Modify the object settings

Step 4

On the "Properties" window, edit the parameters in the "Common", "Parameters", and "Visualization" tabs and click "OK".

"Common" tab

Edit the parameters Edit the parameters

Number

Item name

Descriptions

1

Name

Name the object.

2

Description

The description of the object can be displayed on the chart.

Related article: Show or hide items on chart

3

Style

Set the color, line type, and line thickness for the object.

4

Draw object
as background

Check this box if you want to place the object behind the chart.

5

Disable selection

Check this box if you want to disable the editing of the object.

"Parameters" tab

Parameters Parameters

Number

Item name

Descriptions

1

Date

Specify the object position by date, time, and price.

2

Arrow type

Select the object type.

Thumbs Up

Thumbs Down

Arrow Up: Upward arrow

Arrow Down: Downward arrow

Stop Sign

Check Sign

Left Price Label

Right Price Label

Buy: Buy sign

Sell: Sell sign

Other: Select from other objects

3

Anchor

Specify the position of white dots displayed when editing the object.
point To browse the list of other objects

If you select "Other" for the "Arrow type", the "Symbol" field will appear with the "..." button. Click the "..." button and you can select a symbol from the list.

The Symbol field The Symbol field

Visualization tab

On the "Visualization" tab, you can specify the timeframes to use the object with.

Timeframes Timeframes

Date

Created

 : 2022.09.15

Update

Last updated

 : 2023.01.05

Writer

Takayoshi Nakamaru

Manual production consultant, MBA

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Takayoshi Nakamaru

Nakamaru is a manual production consultant at FINTECS, a company that specializes in creating manuals for their clients.
With a wide range of experience from fintech to entertainment, he presents what user-friendly manuals should be like.
He works with numerous large corporations as an external manual production project manager.

【Business information】
http://www.fintecs.co.jp/profile/

Supervisor

Akira Takagi

Systems engineer, MetaTrader administrator

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Akira Takagi

After graduating from Computer Science at the Uninove, Brazil, in 2014, he has worked on various systems development projects.
He participated as a developer in the launch of forex services in 2019. Since then, he has also been involved in the development of MetaTrader plugins and APIs. He is certified by MetaQuotes as a MetaTrader5 Administrator and active in consulting and advisory as well.

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