Forex trading, leverage up to 1000:1

XM Group offers Forex trading with up to 1000:1 leverage. Graphically illustrate methods from opening free accounts. Regulated by CySec, ASIC, FCA, IFSC, XM Group is a forex trading broker dedicaded to delivering services in Forex and CFD trading.

  • HOME
  • Forex news
  • Member login
  • Chat
  • Promotions
  • How to open a free trading account
  • How to open real account
  • Frequently Asked Questions (FAQ)
  • 
  • 

    Menu

  • 

    Sidebar

  • 

    Prev

  • 

    Next

  • 

    Search

  1. HOME>
  2. How to open real account

How to use “OverLay Chart.mq4” – Indicator that can display overlapping currency pairs on MT4

OverLay Chart.mq4

This article introduces “OverLay Chart.mq4" – an indicator that can overlay the charts of other currency pairs on the MT4 (MetaTrader4) chart.

“OverLay Chart.mq4" can be used for daily trading or scalping to test other highly correlated currency pairs in real time.

Trade Now

※Please note that FX Broker’s FX is not permitted to arbitrage. At this site we also do not encourage similar trading.

Contents
  • 1. Download MT4 “OverLay Chart.mq4"
  • 2. Move the indicator file to the MT4 folder
  • 3. Restart MT4 and apply OverLay Chart
  • 4. Set OverLay Chart to overlap 2 charts on MT4
  • 5. Currency pair that have been set up will be displayed as overlaid
    • 5.1. How to delete the indicator

Download MT4 “OverLay Chart.mq4"

Download the “OverLay Chart" from the official MQL5 website below.

Click “OverLay Chart.mq4" under the link.

https://www.mql5.com/en/code/7933

OverLay Chart.mq4

arrow

The mq4 file will be downloaded as below.

OverLay Chart.mq4

Trade Now

arrow

Move the indicator file to the MT4 folder

Start MT4,then click “Folder"at the top of the screen → “Open data folder".

OverLay Chart.mq4

arrow

After opening the folder continue to open “MQL4" → “Indicators".

Drag the downloaded file “OverLay Chart.mq4" and move to the folder “Indicators".

overlaychart

Trade Now

arrow

Restart MT4 and apply OverLay Chart

After inserting the new MT4 indicator, you need to restart MT4 for the indicator to be displayed.

After restarting MT4, from “Navigator" on the left side of the MT4 screen " Indicator” select “OverLay Chart" and drag and drop the indicator on the chart you want to apply.

OverLay Chart

You can also select “OverLay Chart" by clicking on “Insert" from the menu at the top of the screen → “Support Tools" → “Options" → “OverLay Chart".

arrow

Set OverLay Chart to overlap 2 charts on MT4

Set up an overlay chart from the “Input parameters" tag.

Need to set up two locations “SubSymbol" and “GridColor".

OverLay Chart

SubSymbol
Manually enter the preferred currency pair (for example: GBPUSD)
GridColor
Choose a different color than the font (for example: Pink)

In addition, for overlay chart, you can refer to the highly correlated currency pairs below.

For example, currency pairs with strong correlation coefficients

  • EUR/USD and GBP/USD
  • USD/JPY and GBP/JPY
  • EUR/USD and EUR/AUD
  • USD/JPY and Nikkei 225 Index

In addition, you can display inversely correlated currency pairs.

※Please note that FX Broker’s XM does not allow arbitrage trading. We also do not encourage similar trading.

Currency pair that have been set up will be displayed as overlaid

With these simple steps, you can display another pair of currency pairs overlaid on MT4 in real time.

OverLay Chart

  • How to download XM MT4

How to delete the indicator

To remove the displayed indicators from the chart, perform the following steps: right click on the chart → “support tools" → select “the indicator you want to delete" → click the" Delete “button.

link to download “OverLay Chart.mq4"

https://www.mql5.com/ja/code/7933
Trade Now

How to open real account,How to display an indicator in MT4,How to make money by analyzing forex chartsForex broker,Leverage 1:1000,MT4,MT4 Indicators,XM Group

How to use "Vertical Time Lines" - can draw up to 6 different vertical lines within the time specified on MT4
Next
【Limited time】 XM Promotion - $ 1,500 cash prize with tickets to the 2018 FIFA World Cup
Prev

Related Posts

Thumbnail of related posts 198

How to display and trade using MACD on MT4

MACD stands for "Moving Average Converge ...

Thumbnail of related posts 121

What is XM’s CFD trading? The difference between CFD trading and Forex trading

What is CFD? CFD is short for "Contract ...

Thumbnail of related posts 001

How to display RSI on MT4 (Relative Strength Index)

What is RSI (Relative Strength Index)? R ...

Thumbnail of related posts 053

How to make money using GDP (Gross Domestic Product)

What is the use of economic indicators? ...

Thumbnail of related posts 045

How to open an additional XM Group account. Ability to open account immediately and trade without account holder’s identification documents

At XM Group, 1 customer can own multiple ...

xm

Search

Download the latest version of MT4

Download the latest version of MT4

Click on the image to download the latest version of MT4.

MT4 is an optimal foreign exchange transaction tool that can be used for free.

  • How to use MT4

Trading Hours

Trading sessions from Sunday 22:05 GMT to Friday 21:50 GMT

  • Winter time: (GMT+3) Monday 00:05 ~ Friday 23:50
  • Summer time: (GMT+2) Monday 00:05 ~ Friday 23:50
  • trading time

Types of trading account

Comparing XM accounts

You can check the account type list!

Category

  • Latest information about XM Group
  • How to use XM Group
  • Overview of MT4
  • How to make money by economic indicators
  • How to open a free trading account
  • How to download MT4
  • How to open real account
  • How to submit identification documents
  • Basic use of MT4
  • How to display an indicator in MT4
  • How to make money by analyzing forex charts
  • Forex Trading for Beginners
  • How to use MT4 smartphone
  • How to use MT5
  • How to deposit/withdraw money on XM
  • Overview of XM Group
  • sitemap
  • Frequently Asked Questions
  • How to deposit money into real account
  • How to make money

How to use XMP

How to use XMP

XMP is short for XM Points, XM points can be automatically accumulated in each trading session.

FAQ loyalty program

Loyalty program

Frequently asked questions and answers about XMP

Economic Calendar

Economic Calendar

Check the important indicators in a real time!

New Post

Thumbnail of new posts 014

23/05/2019 : How to use XM Group

Some points beginners have to be aware of while trading

This article introduces the points FX be ...
Thumbnail of new posts 122

18/05/2019 : How to use XM Group

Can not login to MT4. What to do when “invalid account” is shown”

At Forex Brokers’ XM Group, a client can ...
Thumbnail of new posts 071

16/05/2019 : Overview of MT4

How to clear transaction screen with just 1 click

When starting MT4 for the first time, "T ...
Thumbnail of new posts 043

09/05/2019 : Overview of MT4

How to start multiple MT4s at the same time! Multiple accounts can be traded at the same time

The MT4 high performance Forex trading t ...
Thumbnail of new posts 005

25/04/2019 : How to use XM Group

How to resolve when unable to login because MT4 screen on smartphones shows “invalid account”

There is a case where you can not sign i ...

Popular Articles

  • Comparing XM Group accounts. Differences between MICRO account, STANDARD account and ZERO account
  • What to do if you cannot deposit to an XM Group account by credit or debit cards
  • Activate XM Group account. Complete in 3 minutes! How to upload account identification documents and activate account on smartphones
  • XM_Members_AreaHow to submit account identification documents at XM Group
  • How to change XM Group account type and steps to change account leverage
  • List of older posts

Tags

Activate XM Group accountBitcoinCFDForex brokerForex tradingForex Trading for BeginnersFree tradingfree XM Group demo accountHow toHow to make moneyHow to open XM Group real accountHow to use MT4InternetLeverage 1:1000Make money with forexMT4MT4 for SmartphoneMT4 IndicatorsMT5Negative Balance ProtectionReal accountXM GroupXM Group Promotion
  • XM official website
  • Chat
  • Types of trading accounts
  • Download MT4
  • About this website
  • Site map

XM is a trading name of Trading Point Holdings Ltd, which wholly owns Trading Point of Financial Instruments UK Ltd (XM UK), Trading Point of Financial Instruments Pty Ltd (XM Australia), XM Global Limited (XM Global) and Trading Point of Financial Instruments Ltd (XM Cyprus).

XM UK is authorized and regulated by the Financial Conduct Authority (reference number: 705428), XM Australia is licensed by the Australian Securities and Investment Commission (reference number: 443670), XM Global is regulated by the IFSC (60/354/TS/18) and XM Cyprus is regulated by the Cyprus Securities and Exchange Commission (reference number: 120/10).

XM Global (CY) Limited with offices at 36, Makariou & Agias Elenis, ‘Galaxias’ Building, 5th floor, Office 502, 1061, Nicosia, Cyprus. Risk Warning: Forex and CFD trading involves significant risk to your invested capital.

Copyright © 2025 Forex trading, leverage up to 1000:1 All Rights Reserved.

  • 
    Home
  • 
    Menu
  • 
    Page Top
 PAGE TOP