ST Chart Synchronization MT4

Advantages of ST Chart Synchronization for MT4

The ST Chart Synchronization utility for MetaTrader 4 (MT4) offers numerous benefits for traders who rely on multiple charts for their analysis and decision-making processes. Below are some key advantages:

1. Real-Time Synchronization

This utility ensures a real-time synchronization of multiple charts, which means any changes made on the source chart—whether it’s the creation, modification, or deletion of graphical objects—are immediately reflected on all receiving charts. This allows for a seamless trading experience, enabling traders to focus on market movements without being burdened by the need to replicate actions across various charts manually.

2. Flexible Synchronization Settings

ST Chart Synchronization provides flexible settings to customize which charts are synchronized. You can choose to synchronize:

• Same Symbol: Apply changes to all charts displaying the same financial instrument.
• Same Period: Extend synchronization to charts with the same time frame.
• Both: Synchronize charts that share both the same symbol and period.
• Next/Previous: Sync changes to the next or previous chart in the list.

3. Initial Synchronization Feature

The option to make an exact copy at startup allows the utility to organize your charts promptly. This feature clears existing graphical objects on receiving charts and duplicates the graphical objects and visual settings of the source chart, ensuring that all charts start in unison.

4. Customizable Object Synchronization

Traders can customize which objects to synchronize by ignoring objects with specific prefixes. This flexibility allows traders to maintain personal preferences on particular charts while still benefiting from overall synchronization.

5. Enhanced Navigational Experience

The utility synchronizes chart scrolling, zooming, and properties, which helps maintain a consistent visual context across all charts. This is especially important for multi-chart analysis when monitoring different aspects of the market simultaneously.

6. Crosshair Tool Integration

The synchronizer includes a unique crosshair tool, which enhances precision and makes it easier to analyze multiple charts at the same time. This feature is particularly useful for traders who rely on visual indicators for their analysis.

7. Improved Workflow Efficiency

By automating the synchronization process, traders can significantly improve their workflow efficiency. This allows them to react more swiftly to market developments, making informed decisions without the encumbrance of manual updates across multiple charts.

Conclusion

In summary, the ST Chart Synchronization utility for MT4 is an essential tool for traders who utilize multiple charts to analyze financial instruments. Its real-time synchronization capabilities, coupled with versatile settings and features, enhance the trading experience and contribute to more informed and timely decision-making.

Note: Please be aware that the demo version of ST Chart Synchronization does not function in the MT4 backtester.