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User interface - Main menu - Insert menu

Hi folks,

We talked in the previous two articles about two of important menus; the File menu and the View menu.

Today we are going to talk about the Insert menu. Insert menu is less used menu because all of its commands (except inserting Indicators) are located in the Line Studies toolbar (Figure 1).

We too have not too much to say about Insert menu. Because the most of the commands of this menu will be in a separate article which discuses using Line Studies.

Figure 1 - Line studies toolbar

The Insert menu groups all the Objects you can draw on the chart. You use these Objects as visual aid and in order to understand an analyze the chart (Figure 2). Besides you will find a sub-menu with a list of all the available Indicators in your system (Figure 3).

 

Figure 2 -Insert menu

 

Figure 3 - Indicators sub-menu

 

 

These are the commands available in Insert menu:

Indicators:

When you click this command you will get a sub-menu with a list of all the available indicators in your system. There are two kinds of MetaTrader indicators:

Built-in Indicators set:

This is a set of indicator shipped with MetaTrader and considered the standard indicators. This kind of indicators are for use only and you can open them to see/modify their source code. You can access these indicators from the Navigator window - Indicators list (Figure 4).

 

Figure 4 - Navigator window - Indicators list

Custom Indicators:

These are the indicators which located at experts/indicators folder. the most of these indicators are open source (came in .mq4 format then compiled to .ex4 format). you can open these indicator in MetaEditor to see/modify their source code. You can access these indicators from the Navigator window - Custom Indicators list (Figure 5).

 

Figure 5 - Navigator window -Custom Indicators list

In the Indicators sub-menu you will find all the built-in indicators grouped in categories (ex: Trends, Oscillators and Volumes). And all the Custom Indicator located in the Custom sub-menu.

To insert an indicator to the active chart, simply click its name in the Insert - Indictors menus and you will prompt with the Indicator Parameters window (Figure 6) to set the indicator parameters. Clicking OK button in the Indicator Parameters window will attach the indicator to the chart.

 

Figure 6 - Indicator Parameters window

Other commands (Line studies and objects):

All the other commands in the Insert menu are all the available objects in MetaTrader. We will discuss these objects in detail in another article.