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Here we'll look over the steps on how to display an ellipse on the chart in MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. On MT4/MT5, you can display 3 types of shapes on the chart, a rectangle, a triangle, and an ellipse. The color and shape of the ellipse can be changed to help analyze chart patterns and identify range-bound markets.
Related article: | Draw rectangle |
Draw triangle |
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