In MetaTrader 4 (MT4) and MetaTrader 5 (MT5), you can create or load a settings file to save and reuse your customized parameters. This helps save time each time you apply EAs and indicators to a chart.

On MT4/MT5, you can install indicators of your choice aside from the pre-installed technical indicators. The indicators installed by users are called custom indicators.

To use a third-party Expert Advisor (EA), you must first install it on MT4/MT5. Save the Expert Advisor (EA) files to the "Experts" folder of MT4/MT5, and restart MT4/MT5 to complete the installation.

On MetaTrader 4 (MT4) / MetaTrader 5 (MT5), you can customize the settings of Expert Advisors (EAs) and indicators applied to charts, supporting your trading strategy or visual preferences.

On MT4/MT5, you can use an automated trading program called Expert Advisor (EA). Here we will look at how to use an Expert Advisor (EA) on MT4/MT5.

On MT4/MT5, you can display the Relative Strength Index (RSI). It measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price.

On MT4/MT5, you can display the Bollinger Bands. It consists of a set of trendlines plotted based on the standard deviations above and below a moving average of the price, which lets you see the volatility at a glance.

On MT4/MT5, you can display Moving Average (MA). MA is the most frequently used technical analysis method. There are several types of MAs including the Simple Moving Average (SMA) as well as the Exponential Moving Average (EMA), which is used when you want to focus on the most recent price.

On MT4 / MT5, you can display objects such as an upward arrow and a downward arrow on a chart. There are 11 types of objects on MT5, and 8 types on MT4 by default, while other objects can also be chosen from the list.

On MT4/MT5, you can display 3 types of shapes on the chart, a rectangle, a triangle, and an ellipse. You can change the colors, or show them behind the chart. Use these tools to analyze the market with better precision.

The Gann theory, developed by the legendary trader W.D.Gann (USA), is a technical indicator that focuses on time and price. You can use the Gann line, Elliott Wave, and Gann grid in MT5.

If you wish to create an indicator on MT4/MT5, you can do so by using a tool called MetaEditor, which uses a special programming language for MT4/MT5 called MQL4/MQL5.

On MT4/MT5, you can delete multiple lines and other objects on the chart at once.

On MT4/MT5, you can draw the standard deviation channel made up of 3 lines, the linear regression line and the 2 lines above and below it. This technical indicator is based on the ideas of statistics, linear regression, and standard deviation. Use it to predict break points.

On MT4 / MT5, you can draw the equidistant channel consisting of the trendline and the channel line parallel to the trendline. Draw the trendline first, then adjust the channel line accordingly.

On MT4/MT5, you can draw the Andrews' Pitchfork made up of 3 parallel lines. The line on top represents the resistance line and the bottom represents the support line. Use it to predict break points.

On MT4/MT5, you can display a vertical line parallel to the price axis or a horizontal line parallel to the time axis. Use the vertical line to highlight the time, and use the horizontal line to highlight the price. Vertical/horizontal lines can be displayed from the menu or toolbar.

On MT4 / MT5, you can draw the linear regression channel based on the ideas of statistics and linear regression. It is made up of 3 lines: the linear regression line, and 2 lines on top and bottom. The line above represents the resistance line and the bottom line represents the support line.

On MT4/MT5, you can display the Ichimoku Cloud. The 5 indexes (Base line, Conversion line, Leading span A, Leading span B, and Lagging span) help traders determine when the market will move next.

MT4/MT5's MetaEditor supports a total of 33 and 52 languages respectively. After changing the display language, you will need to restart MetaEditor, which is a tool for developing Expert Advisors (EA) on MT4/MT5.