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