To change the MT4 timeframe, click “M1 ~ MN" in the menu at the top of the MT4 screen.
MT4 timeframe terms
- M1…1 minute
- M5…5 minutes
- M15…15 minutes
- M30…30 minutes
- H1…1 hour
- H4…4 hours
- D1…1 day
- W1…1 week
- MN…1 month
For example: If you want to display a 5 minute timeframe, click"M5″.
As such, a 5 minute (M5) time frame has been displayed.
Long-term and short-term scalping trading typically use a one-minute time frame, for daily trading, a 5-minute to 4-hour time frame is commonly used.
For swing trading from days to weeks, a 4 hour (H4) ~ 1 day (D1) time frame is used extensively.
You can refer to the 15 minute (M15), 1 hour (H1), 4 hour (H4) timeframes, which are the timeframes used by investors worldwide.
Choose the time frame you would like to match your trading style.