Measure Distances – MT4 Tips and Tricks!!!

Ever curious however long (pips or bars) the last wave of a trend was, or what percentage pips to wherever you wish to place a stop or profit target? Or what percentage bars there area unit in every trend cycle?

There is a “ruler” perform in MetaTrader four commercialism software system that permits you to simply live one purpose on a chart to a different. a awfully handy MT4 Tip so.

-Click your mousewheel to say the center of attention (no mousewheel, hit Ctrl-F to say the crosshairs). Then hold down the left button from a selected purpose and drag the indicator to a different purpose to live the space.

The MT4 ruler seems and provides 3 items of information at the side of it.

The first piece of information is that the range of bars between the origin and second worth purpose.

The next range tells you ways several pips from the primary purpose to the second. Since most brokers provide halfway pip rating a reading of sixty one suggests that six.1 pips. a hundred twenty five suggests that twelve.5.
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