Make your own chart template in MetaTrader 4

If you use indicators and objects as part of trading in MT4, templates can simplify your life. Here is how to use them.

 If you are a chartist, you probably use a lot of indicators and objects. But do you use the tools effectively? In this article we will teach you how to use templates in MetaTrader 4 to help you quickly customize charts.

What is an MT4 template?

MT4 templates are pre-defined settings for charting. They help you quickly customize a chart by simply loading the template to a chart instead of having to place objects and indicators every time you open a new chart.

MetaTrader 4 includes a few pre-defined templates, including ADX, BollingerBands, Dinapoli, Layers, Momentum, Popular, Volume, and Williams.

How do I use a MT4 template?

Using templates is easy. Just right-click on a chart, then choose Template -> Load Template, choose the MT4 template you want to apply to the chart, and select Open. The template should be applied to the chart.

How do I create my own MT4 template?

Every trader has their own trading strategy. What’s amazing about MT4 is that you can customize it with your own needs. Creating a template is easy.

• First, you need to open a random chart.

• Second, apply all objects and indicators you need on the chart. Make sure you have everything included that you feel comfortable to trade with this setting.

• Last, right click on the chart, choose Template -> Save Template, name the template, then select Save. Make sure to give a name which you could recognize later. You now you have your own template.

MT4 templates not only help you save time when customizing a new chart, but also make your trading portable. Let's assume you are primarily trade at home, but now you want to monitor trades at work as well. Instead of making new charts, you can just copy the template files to a USB disk, bring it to work and load the templates in the MT4 platform on your work set-up.

See also:
Taking advantage of custom indicators in MetaTrader 4
MetaTrader Tips: How to easily customize a chart object