Trade Bitcoin Trading

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?

Line Studies Toolbar Menu in MT4 - MT4 BTCUSD Line Studies Toolbar Menu Tutorial Explained - MT4 Toolbar Menu PDF

Customize a Toolbar on Bitcoin Platform

To add a tool not listed above one has to follow these steps

  1. Right Click at the toolbar button key to the left of this(Looks like a stack of coins)as shown below

How to Customize and Add Tools on the Line Studies Toolbar in MT4

3. Click customize 4. Add all Tools

Following customize window pop up will appear:

Add Line Tools to the Line Studies Toolbar in MT4 - MT4 BTCUSD Line Studies Toolbar Menu PDF

Select all the tools from the left window & add them: After adding this will look like:

Customize and Adding All Tools to the Line Studies Toolbar in MT4 - MT4 Line Studies Toolbar Menu PDF

The toolbar will now look like:

All Tools on Line Studies Toolbar in the MT4 Platform - MT4 BTCUSD Line Studies Toolbar Menu PDF - MT4 Toolbars

Bitcoin Broker

XM $30 Free Bonus

Explanation of Every Tool

Following is explanation of each tool on this toolbar.

MT4 Bitcoin Line Studies Toolbar Menu PDF

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.

How to Remove a Tool from the Lines Toolbar in MT4 - MT4 Line Studies Toolbar Menu PDF

Remove the above tools by clicking on them & then clicking the remove button key, so as to save space on your MT4 platform workspace.