A practical guide to customising and comparing charts in MT4 using OANDA’s Chart-in-Chart feature and indicator options.
What is Chart-in-Chart? Usage and set up
OANDA Chart-In-Chart is an indicator that allows you to display another chart in a sub-window on the main MT4 chart.
This tool allows you to compare the price action of different currency pairs.
You can also invert a currency pair to explore directional trends, or flip the same pair to assess psychological price levels.
Chart types available in Tick Chart Trader
Tick Chart Trader offers six chart styles.
You can select the chart type from the dropdown menu beside the currency pair at the top of the chart.
Setting up OANDA Chart-in-Chart
To activate OANDA Chart-in-Chart, either double-click “OANDA Chart-in-Chart” in the Navigator panel or drag and drop it onto a chart.
In the pop-up settings window, go to the “Common” tab and make sure “Allow DLL imports” is ticked.
Next, navigate to the “Inputs” tab to select the symbol and configure your display preferences.
The available settings include:
- Symbol
Enter the name of the currency pair (e.g., EURUSD).
- - Invert prices
Select “Yes” to reverse the currency pair (e.g., EURUSD becomes USDEUR).
- Draw style
Choose from “Candle” (candlestick), “Close price line” (line chart), or “High and low line” (high-low line chart).
- Line/high-low colour
Set the colour for line charts, high-low lines, and candlestick wicks.
- Candle body – bull
Choose the body colour of bullish candlesticks.
- Candle body – bear
Choose the body colour of bearish candlesticks.
- Colour for current price line
Set the colour of the current price indicator.
- Colour for open positions lines
Specify the colour for open position markers.
- Colour for s/l and t/p lines
Define colours for stop-loss and take-profit levels.
- Colour for pending order lines
Choose the colour for pending order levels.
- Line style for open positions and pend…
Select the line style for open and pending positions.
- Indicator type
Choose an indicator to overlay on the sub-chart.
Supported indicators include:
- SMA (Simple Moving Average)
- EMA (Exponential Moving Average)
- SMMA (Smoothed Moving Average)
- LWMA (Linear-Weighted Moving Average)
- Bollinger Bands
- Envelope (SMA-based)
- Envelope (EMA-based)
- Parabolic SAR
- Yesterday’s daily D1 close price
- Yesterday’s daily D1 high and low prices
- Fixed price (horizontal line)
- Parameter1
For indicators with one parameter, input the value here.
- Parameter2
For indicators with two parameters, input the values here.
- Drawing style
Choose the line style for the indicator.
- Colour
Select the colour of the indicator line.
