Forex charts are an essential tool for traders to analyze the market and make informed trading decisions. In most cases, traders prefer to use multiple charts to compare price movements across different currency pairs and time frames. However, at times, traders may need to undock forex charts to view them in separate windows or on different monitors. This article will explain how to undock forex charts on the popular trading platform, MetaTrader 4 (MT4).
Step 1: Open the MT4 platform
The first step to undock forex charts is to open the MT4 platform. If you have not installed the platform on your computer, you can download it from the broker’s website. Once you have launched the platform, you will see the market watch window, the navigator window, and the terminal window. The market watch window displays the available currency pairs, while the navigator window contains the accounts, indicators, and expert advisors. The terminal window shows your account balance, open trades, and trading history.
Step 2: Select the chart you want to undock
The next step is to select the forex chart you want to undock. You can do this by clicking on the currency pair in the market watch window and dragging it to the chart window. Alternatively, you can right-click on the currency pair and select “Chart window.”
Step 3: Undock the chart
To undock the forex chart, you need to right-click on the chart and select “Detach Chart.” This will open a new window with the selected chart. You can now move the chart to a different monitor or resize it as you wish.
Step 4: Dock the chart
To dock the forex chart back to the MT4 platform, you need to click on the chart window’s title bar and drag it to the original MT4 window. Once you see a blue highlight around the original window, you can release the mouse button, and the chart will dock back to the platform.
Step 5: Save the workspace
If you have undocked multiple forex charts and arranged them on different monitors, you can save the workspace to ensure that your layout is preserved the next time you open the platform. To do this, you need to click on “File” and select “Save Workspace As.” You can then give your workspace a name and click “Save.”
Benefits of undocking forex charts
Undocking forex charts provides traders with several benefits, including:
1. Enhanced visibility: By undocking forex charts and arranging them on different monitors, traders can view more currency pairs and time frames simultaneously, which helps them to identify trading opportunities quickly.
2. Improved analysis: Separating forex charts into different windows allows traders to focus on specific currency pairs and time frames without distractions from other charts.
3. Customization: Undocking forex charts enables traders to customize their workspace and arrange the charts in a way that suits their trading style and preferences.
In conclusion, undocking forex charts on the MT4 platform is a simple process that can significantly enhance a trader’s analysis and trading experience. By following the steps outlined in this article, traders can undock forex charts, move them to different monitors, and customize their workspace to suit their needs.
