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Search results | MetaTrader4/5 user guide

29 search results for "EA, indicators & objects (Mobile & tablet)"

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  1. Delete indicator

    EA, indicators & objects (Mobile & tablet)
    Here we'll look over the steps on how to delete an indicator on the chart in MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. There are 30 types of indicators available on charts: 7 trend indicators, 13 oscillator indicators, 4 volume indicators, and 6 Bill Williams indicators.
  2. Delete multiple objects at once

    EA, indicators & objects (Mobile & tablet)
    Here we'll look over the steps on how to delete multiple objects on the chart at once in MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. You can delete multiple objects from the object list.
  3. Display arrowed line

    EA, indicators & objects (Mobile & tablet)
    Here we'll look over the steps on how to display an arrowed line on the chart in MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. This object is used to determine market direction and turning points.
  4. Draw Andrews' Pitchfork

    EA, indicators & objects (Mobile & tablet)
    Here we'll look over the steps on how to display the Andrews' Pitchfork on the chart in MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. The Andrews' Pitchfork is made up of 3 parallel lines. The line on top represents the resistance line and the bottom represents the support line. You can use this to predict the trend direction, strength, and changes.
  5. Draw Elliott corrective wave

    EA, indicators & objects (Mobile & tablet)
    Here we'll look over the steps on how to display the Elliott corrective wave on the chart in MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. The Elliott Wave, an analysis method developed by Ralph Nelson Elliott (USA), states that markets have a cycle. The Elliott corrective wave moves in the opposite direction as the one larger trend and forms a dip/rally. Use it to determine if the movement signals a trend reversal or a temporary correction.
  6. Draw Elliott motive wave

    EA, indicators & objects (Mobile & tablet)
    Here we'll look over the steps on how to display the Elliott motive wave on the chart in MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. The Elliott Wave, an analysis method developed by Ralph Nelson Elliott (USA), states that markets have a cycle. The Elliott motive wave moves in the same direction as the one larger trend and is useful when identifying major market trends.
  7. Draw Fibonacci arcs

    EA, indicators & objects (Mobile & tablet)
    Here we'll look over the steps on how to display the Fibonacci arcs on the chart in MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. Fibonacci arc is a technical indicator that utilizes the Fibonacci ratio on the price gap and time. Connect the high and low and it will draw 3 arcs relative to the end point using the Fibonacci ratio. It is one of the Fibonacci analysis methods that incorporate time, and is the same in concept as the Fibonacci retracement.
  8. Draw Fibonacci channel

    EA, indicators & objects (Mobile & tablet)
    Here we'll look over the steps on how to display the Fibonacci channel on the chart in MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. Fibonacci channel uses the trendline and creates parallel channel lines using the Fibonacci ratio. Use these lines to predict support and resistance levels and to determine a take-profit level after a channel breakout.
  9. Draw Fibonacci expansion

    EA, indicators & objects (Mobile & tablet)
    Here we'll look over the steps on how to display the Fibonacci expansion on the chart in MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. This tool draws horizontal lines using the Fibonacci ratio when connecting the starting point of the trend and the dip/rally points. Use these as reference points to determine how far the market will expand.
  10. Draw Fibonacci fan

    EA, indicators & objects (Mobile & tablet)
    Here we'll look over the steps on how to display the Fibonacci fan on the chart in MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. Fibonacci fan uses the trendline and draws 3 separate lines using the Fibonacci ratio. Use these lines to determine the dip/rally, as well as a breakpoint that signals a trend change.
  11. Draw Fibonacci retracement

    EA, indicators & objects (Mobile & tablet)
    Here we'll look over the steps on how to display the Fibonacci retracement on the chart in MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. Fibonacci retracement is a tool often used to determine the temporary retrace price. It helps you predict a dip/rally in a trending market.
  12. Draw Fibonacci time zones

    EA, indicators & objects (Mobile & tablet)
    Here we'll look over the steps on how to display the Fibonacci time zones on the chart in MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. Fibonacci time zones draw vertical Fibonacci lines relative to the time axis, based on the same idea as the Fibonacci retracement. Use these as reference points to determine when the trend will change.
  13. Draw Gann fan

    EA, indicators & objects (Mobile & tablet)
    Here we'll look over the steps on how to display the Gann fan on the chart in MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. In addition to the most important line of the Gann theory, the 1x1 or 45-degree line, it draws nine other lines: 1x8 (82.5 degrees), 1x4 (75 degrees), 1x3 (71.25 degrees), 1x2 (63.75 degrees), 2x1 (26.25 degrees), 3x1 (18.75 degrees), 4x1 (15 degrees), and 8x1 (7.5 degrees). Each fan can be used as a guide for support and resistance levels.
  14. Draw Gann grid

    EA, indicators & objects (Mobile & tablet)
    Here we'll look over the steps on how to display the Gann grid on the chart in MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. The Gann grid takes the Grid line and places it evenly across the chart diagonally. Intersections of the grid are often used to determine support and resistance levels.
  15. Draw Gann line

    EA, indicators & objects (Mobile & tablet)
    Here we'll look over the steps on how to display the Gann line on the chart in MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. The Gann line is the line between the low and high. Defining the most important line drawn in a 45-degree angle as the 1x1, you can predict the strength of the trend from its length and the price gap.
  16. Draw cycle lines

    EA, indicators & objects (Mobile & tablet)
    Here we'll look over the steps on how to display cycle lines on the chart in MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. Cycle lines are made up of multiple evenly-spaced vertical lines and are used to analyze market cycles.
  17. Draw ellipse

    EA, indicators & objects (Mobile & tablet)
    Here we'll look over the steps on how to display an ellipse on the chart in MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. On MT4/MT5, you can display 3 types of shapes on the chart, a rectangle, a triangle, and an ellipse. The color and shape of the ellipse can be changed to help analyze chart patterns and identify range-bound markets.
  18. Draw equidistant channel

    EA, indicators & objects (Mobile & tablet)
    Here we'll look over the steps on how to display the equidistant channel on the chart in MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. Equidistant channel is an object that lets you visually grasp the range of price movements in a trending market with two parallel lines. The second line parallel to the trendline is called the channel line. Draw the trendline first, then adjust the channel line accordingly. It helps you identify the dip and rally as well as to read the trend.
  19. Draw horizontal line

    EA, indicators & objects (Mobile & tablet)
    Here we'll look over the steps on how to display a horizontal line parallel to the time axis on the chart in MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. The horizontal line can be used as a resistance line or a support line.
  20. Draw rectangle

    EA, indicators & objects (Mobile & tablet)
    Here we'll look over the steps on how to display a rectangle on the chart in MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. On MT4/MT5, you can display 3 types of shapes on the chart, a rectangle, a triangle, and an ellipse. The color and shape of the rectangle can be changed to help identify the highest and lowest levels of the range-bound market.

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