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Insert Shapes on Stocks Charts on the MT4 Stock Trading Platform

To place shapes on the MT4 stock trading platform, a Stock trader can use the Insert Menu and use the insert shapes button that is shown below.

Insert Shapes on Stocks Charts on the MetaTrader Stock Trading Platform

Insert Shapes on MT4


The options of which shapes that can be drawn on the MT4 stocks trading platform are:


  1. Rectangle
  2. Triangle
  3. Ellipse


Draw Rectangle

To draw a rectangle on MetaTrader 4 stock charts, a stock trader will select the rectangle button and then select between which points on a Stock chart to draw this rectangle. To adjust a triangle that has already been drawn, a Stock trader can also double click anywhere on this shape and then select the square buttons that appear at all the corners of this rectangle and drag them to adjust this rectangle.

Draw Rectangle Shape on a Chart in MT4

Drawing Rectangle Shape on MT4 Stock Charts


The rectangle shape is used to draw a consolidation range pattern where stocks price breakout to one side will mean stocks price movement will continue in that direction, as shown above, when the stocks price breaks out upwards it continues to move in that direction.



Draw Triangle

To draw a triangle, a Stock trader can select the triangle button and then on the MetaTrader 4 stocks chart, select 3 points, point 1, 2 and 3 after which the triangle is drawn within these three selected chart points. To adjust the triangle, just double click this triangle, then select the square buttons appearing on the edges as shown below and adjust the triangle points.

Draw Triangle Shape on Stocks Chart on MT4

Drawing Triangle on Stocks Charts in MT4 Stock Trading Platform



Draw Ellipse

To draw the ellipse shape, follow the steps below:


  1. Select the Ellipse button as shown above
  2. On the chart select point 1 and drag the mouse to point 2, (the ellipse will appear as a line)
  3. Double click the ellipse using the small squares at the middle, click, hold and drag this square and the ellipse will be adjusted as shown below.


Draw Ellipse Shape on Stocks Chart on MT4

Drawing Ellipse Shape on MT4 Stocks Charts on MetaTrader 4



 

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Stock Symbol

Apple - AAPL, Saudi Aramco, Amazon - AMZN, Microsoft - MSFT, Alphabet (Google) - GOOG, Berkshire Hathaway - BRK-B, UnitedHealth - UNH, Johnson & Johnson - JNJ, Exxon Mobil - XOM, Visa - V, Tencent - TCEHY, Tesla - TSLA, JPMorgan Chase - JPM, TSMC - TSM, LVMH - MC.PA, Walmart - WMT, Procter & Gamble - PG, NVIDIA - NVDA, Eli Lilly - LLY, Chevron - CVX, Mastercard - MA, Meta Platforms (Facebook) - META, Kweichow Moutai, Nestlé - NESN.SW, Home Depot - HD, Unilever - UL, IBM - Samsung, Cisco - CSCO, McDonald - MCD, Nike - NKE