Topics of this course:
How to customize chart colors How
to change chart parameters How to
create and save chart customizations as templates
MT4 platform charts use a black background by default.
If you prefer to work with a different color scheme, MT4 allows you to customize the look of the charts according to your preferences. Right-click the chart and select “Properties” or just press F8:
You can fully customize the colors of your chart in the window that appears:
For most traders, the chart is the most important source of market information. The fastest way to customize your chart is to use the icons in the top menu:
Most of these icons are self-explanatory, but there are so many options, here’s a quick rundown of the most used items:
You can easily change the chart type (bar charts, candlesticks, and line chart charts) with the buttons highlighted in the blue box below:
You can also change the time frame of your chart from one-minute (M1) charts to monthly charts (MN):
You can zoom in on your chart for a more detailed view of recent price action or zoom out for an overview of the market’s recent history; this is useful for drawing support, resistance levels and trend lines:
You can apply technical analysis indicators:
If you want to compare charts side by side, you can show multiple charts in one window with this icon:
After adapting your graphics to your liking, you can save your individual settings as templates. You can apply this template to a new chart and everything will be adjusted to your customization, including the selected timeframe, chart colors, and any indicators you have applied to the chart.
To save a template for future use:
– Right click on the graphic you want to save the customization
– Select “Template” > “Save Template”
– Give your new template a name
If you name your new template “default,” it will automatically open with every new graphic customization you open.