How do I add indicators to my charts in MT5?

Created by Support Ridgecorp, Modified on Sat, 19 Oct at 2:27 AM by Support Ridgecorp

Adding Indicators in MT5 helps you analyze market trends and make informed trading decisions:

Step 1: Open the Chart:
- Select the desired financial instrument from the Market Watch window and open its chart.
Step 2: Access Indicators:
- Go to the ‘Insert’ menu at the top of the MT5 platform and select ‘Indicators’.
- Alternatively, use the Navigator window on the left, under ‘Indicators’.
Step 3: Choose the Indicator:
- Select from different categories like Trend, Oscillators, Volumes, and Custom.
- Click on the indicator name, and a dialog box will open for parameter settings.
Step 4: Customize and Apply:
- Adjust the indicator parameters, such as period, colors, and levels, then click ‘OK’ to apply the indicator to your chart.