Line Studies Tool-Bar Menu on MT4
Sometimes traders will claim "oh, I can not find Fibo expansion tool on my MetaTrader 4 where can I get it?"
The thing is that all these line studies are located on the line studies toolbar: however, by default not all are set to show, therefore a trader must know where to get these tools that are not shown by default on the MetaTrader 4 Bitcoin Crypto Currency Software. So how can one add a tool, to the line studies toolbar illustrated below?
Customize a Toolbar on Bitcoin Platform
To add a tool not listed above one has to follow these steps
- Right Click at the toolbar button key to the left of this(Looks like a stack of coins)as shown below
3. Click customize 4. Add all Tools
Following customize window pop up will appear:
Select all the tools from the left window & add them: After adding this will look like:
The toolbar will now look like:
Explanation of Every Tool
Following is explanation of each tool on this toolbar.
1: Choose mouse as cursor, change mouse to default cursor
2: Choose Cross-Hair cursor, a type of cursor that maps coordinates to the axis of the charts
3: Draw a vertical line
4: Draw a Horizontal line
5: Draw a bitcoin trend line
6: Equidistant Channel
7: Fib Retracement
8: Text button
9: Text Label Button Key
10: Fib Expansion
11: Bitcoin Trend by Angle
12: Linear Regression Channel
13:Standard Deviation Channel
14: Gann Lines
15: Gann Fan
16: Gann Grid
17: Fib Time zones
18: Fibonacci Fan
19: Fibo Arc
20: Cycle Lines
21: Andrew's Pitchfork
22: Insert Ellipse
23: Insert Triangle
24: Insert Rectangle
25: Fib Channels
26: Draw Arrows
How to Remove Tools from BTCUSD Trading Platform
As a trader you will not need all these button keys and you can hide some of them by clicking on the customize button key, then choose some of the items on the right window & then choose hide.
Remove the above tools by clicking on them & then clicking the remove button key, so as to save space on your MT4 platform workspace.