Why do you need chart shift, autoscrolling and volumes in metatrader 4
The price movement chart is the main tool of technical analysis in the forex or stock market.
It is the use of the graph that allows you to clearly assess the dynamics of the trend and determine its main parameters necessary for decision-making.
The effectiveness of the market analysis often depends on the appearance of price charts.
Metatrader4, one of the most popular trading platforms at the moment, has several features that make it easier to read information.
Beginners often simply do not know about these functions, and as always, they do not have enough time the instructions for the trading platform
All of the above settings are managed in the “Graphs” menu:
Let’s start our acquaintance with the “Volumes” indicator; we are accustomed to the fact that to display trading volumes in the terminal we need to use additional indicators .
But in fact, you can just turn on “Volumes” in the chart settings, and the histogram will appear on the terminal screen:
Autoscroll – allows you to automatically move the chart following the price and time.
In most cases, you need to disable this feature since it does not allow you to look into the history of price movements. After this, you can safely move the chart to the left and analyze how the price behaved earlier.
Shifting the chart is also a rather interesting feature that not many people are aware of; it allows you to move the chart away from the right edge.
Before enabling the function, you will see the following picture:
And after adding “Chart Shift” you already see some perspective of not only the price movement, but also the movement of all installed indicators:
The possibilities of the MetaTrader trading platform are simply limitless, as you can see, just a few clicks make it possible to make your work more comfortable. In the “Graphs” menu you will find other necessary settings.