How to use charts in forex, MT4 Platform Charts?
How to use charts in MT4 Platform:
Charts are used to show the price changes for a security with the time and it is necessary for performing of technical analysis, working of expert advisors and testing EAs. We can open up to ninety-nine charts in the terminal at the same time.
User can open a new chart by executing of the “file- new chart” menu, “Window – New Window” menu command or press the new chart icon in the standard tool bar. The list of securities available will appear in the chart at performing of any of the above actions. Have to select a necessary symbol from the list, one can open its chart. New charts can also be opened from the "Market Watch" window option, holding Control and dragging the element of the list from the window into any point of the workspace of the terminal, or having executed the "Chart Window" command of the context menu. Default template only used for open a new chart and it created during the terminal installation. This template can be modified, but it cannot be deleted.
History data mainly used for drawing of charts those are stored on the hard disk. At opening of a new chart, the data are downloaded from the hard disk and the most last missing data are spooled from the trading server. If there are no history data available for the symbol on the hard disk, then the latest 512 bars of history will be downloaded. The price changes will be shown in the real-time mode. This information may stored in the history file and used at the reopening of this chart in future. You can use charts at offline also. Terminal allows working with offline charts.



