Metatrader Tips & Tricks

The mentioned tips re meant to make trading on the Metatrader platform easier and more practical.

Useful tips

Listed below are a number of useful tips and tricks:

1. Need to get back to the current chart time in a hurry? Press the End key
2. Want to quickly reset the price scale to Auto? Double-click anywhere on the price scale
3. Not sure of a chart’s scale? The length of the dotted-line period separators for the Pivotsprogram is 20 pips Cable, or equivalent other currency-pair (Pivot value +/- 10 pips)
4. To extend a line without moving it. Highlight it, then press & hold Shift before click &dragging an end-point
5. To copy a line. Highlight it, then press & hold Ctrl before click & dragging on any point.This gives a second, parallel, line with all the same attributes, e.g. colour, thickness, etc.[This applies, similarly, to any object, e.g. a price arrow or label, etc.]
6. To delete (custom) indicators from ALL charts. Open the Navigator window (View –Navigator) and expand the Custom Indicators folder. Right-click on the relevant indicator andselect Delete, then close and re-open MetaTrader[This deletes the relevant program files, so is only recommended for custom ind’rs.]
7. To attach indicators to several charts. Open the Navigator window (View – Navigator) andexpand the relevant folder (Indicators or Custom Indicators). Click & drag the relevantindicator into each chart window to attach it to as many charts as desired
8. If you have a favorite size for the overall MT Window that you want to keep, alwaysremember to un-maximise the window before closing MetaTrader
9. If you experience a go-slow when MT4 is running. Reduce the maximum number of bars inthe History and Charts. Go to Tools – Options – Charts tab and enter appropriate values (e.g.10,000) for both options[Larger values are used to test trading strategies – they’re not required for our purposes]
10. If there is an anomalous spike of data that is clearly wrong (not shown in other program orplatform data) you may delete it from the data history. Press F2 (or Tools – History Center)and select the relevant currency-pair and time-period. Scroll through the data to the relevantdate & time, highlight the entry and Delete (or better yet, Edit and change incorrect values toreasonable values) These changes remain in effect until you refresh the chart or cause it to be refreshed, e.g.by scrolling back in a chart beyond the (currently) first (earliest) bar
11. To capture a chart image, right click on the chart and select save as picture, then select its type from there. Active Workspace will capture all parts of the MT4, active chart (as is) will capture current chart only
12. To measure the number of pips and bars/candles click on the crosshair button, or even better click on the middle mouse button, then left click and hold; you can drag up/down to measure the number of pips and left/right to measure the number of bars/candles. The format is the number of bars/candles or number of pips/price
13. To quickly place a pending order, direct the cursor on the chart to the level at which you wish to place your order, then right-click, and select the desired type of pending order