Chart Time Frames on MT4
Periodicity just means chart time frames, in MT4 this toolbar is used to select which chart time frames to trade with.
The time frames listed are:
- 1 Minute - M1
- 5 Minute - M5
- 15 Minutes - M15
- 30 Minutes - M30
- 1 Hour - H1
- 4 Hours - H4
- Daily - D1
- Weekly - W1
- Monthly - MN
As a stock trader you only require to trade with only about 3 chart time frames, for example let's say a stock trader only requires the 15 minute, the 1 hour and the 4 hours time frame, then on the periodicity toolbar a stock trader can hide all the others that are not required using the following method.
How to Customize
To add a tool not listed above a stock trader has to follow the following steps
- Right Click at the toolbar button to the left (Looks like a stack of coins), shown below
2. Click customize
After following the above steps the customize popup window will appear as shown below:
Select as shown above and click the remove button.
The popup window will then look like:
On the platform the periodicity toolbar will now look like the example shown below:
Using the above setup as a stock trader you can save space within your MT4 stocks trading platform workspace by hiding the time frames which you are not trading with.