In MetaTrader 4 (MT4), "closing" an indicator typically means removing or deleting it from your chart or its separate window. This action removes the indicator's visual representation and calculations from that specific chart.
There are slightly different methods for removing indicators depending on whether you are using MT4 on a desktop computer or a mobile device (Android or iOS).
Removing Indicators on MT4 Desktop
The standard way to remove an indicator from a chart on MT4 Desktop is through the Indicator List.
- Right-click anywhere on the chart from which you want to remove an indicator.
- Select "Indicator List" from the context menu that appears.
- A window titled "Indicator List" will open, showing all indicators currently applied to that specific chart.
- Select the indicator you wish to remove from the list by clicking on it.
- Click the "Delete" button located on the right side of the "Indicator List" window.
- Click "Close" on the "Indicator List" window. The selected indicator will be immediately removed from your chart.
Alternatively, for indicators drawn directly on the main chart window, you can often right-click directly on the indicator line or object itself (like a Moving Average) and select "Delete Indicator". However, this doesn't work for all indicators, especially those in separate windows like RSI or MACD. The "Indicator List" method is universal.
Removing Indicators on MT4 Mobile (Android/iOS)
Removing indicators on MT4 mobile involves accessing a specific menu or option on the chart screen. The process is similar for both Android and iOS.
- Open the chart that has the indicator you want to remove.
- Look for an "f" icon (often representing functions or indicators) typically located near the top of the chart screen. Tap this icon.
- This will open a list of indicators applied to the current chart. You might see indicators listed under the main chart or under a separate window (like "Indicator Window 1", "Indicator Window 2", etc.).
- Find the indicator you want to remove in the list. There should be an option to delete or remove it. This is often represented by a trash can icon or a "Delete" button.
- Tap the delete icon or button next to the specific indicator you want to remove.
- Confirm the deletion if prompted.
As seen in reference material regarding removing the RSI indicator window on MT4 Android, the process involves clicking a "delete" option to make the indicator window disappear, resulting in a larger, cleaner chart view. So, if you have an RSI or similar indicator in its own window, you will find the option to delete it within the indicator list accessed via the "f" icon.
Summary of Methods
Here is a quick overview of how to remove indicators:
| Platform | Method 1 (Universal) | Method 2 (Context Menu - sometimes) |
|---|---|---|
| MT4 Desktop | Right-click chart -> Indicator List -> Select -> Delete | Right-click on indicator (if possible) -> Delete Indicator |
| MT4 Mobile | Tap "f" icon -> Find indicator -> Tap Delete/Trash Can icon | N/A |
By following these steps, you can effectively "close" or remove any indicator from your MT4 chart on desktop or mobile platforms.
