How to Measure Pips and Bars/Candlesticks on a MT4 Chart

Hello, I hope your trading week went well.

This is another video in my beginner series and although you probably know this already, I have been asked this question a few times in the past, so I want to be sure that everyone is covered.

The Tutorial

Today's tutorial will show you how to measure how many pips are between two points on a chart, as well as the number of bars/candlesticks.

It's second nature to most traders, but if you are just getting started in trading, this is just one of those things that you have to learn.

If you are just starting out, I hope this helps.

Happy trading!

2 thoughts on “How to Measure Pips and Bars/Candlesticks on a MT4 Chart”

  1. Hi Hugh,

    I am aware of the mouse button click to engage MT4’s measuring tool. I use it all the time. For some reason it has stopped working. I can bring the tool to life via
    via ctrl-F. Any ideas why the mouse is not doing its thing?

    • Hey Shawn,

      I’m not sure why it has stopped working. A couple thoughts…

      1. Your install may have been corrupted and you need to reinstall or update. Maybe test a fresh install with another broker’s MT4 and see if the feature works. If it does work, then check that the version is the same as yours.
      2. MetaTrader is trying to push everyone to MT5 and maybe this is a bug that isn’t a high priority for them right now.

      Cheers,
      Hugh

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