A popular and technologically advanced trading terminal with access to a depth of market and other advanced solutions.
1. New order types that combine stop orders with limit prices (Buy Stop Limit and Sell Stop Limit) will help you to execute your trading strategies more effectively.
2. MQL5 is a powerful programming language used to create Expert Advisors and indicators.
3. Code Base offers access to a database of technical indicators for efficient market analysis.
4. The MT5 Bridge technology offers access to interbank liquidity.
The MetaTrader 5 trading platform offers more than 20 technical indicators and 12 timeframes. The platform also includes a built-in strategy tester, as well as interactive charts.
On the top Menu bar, select INSERT > INDICATORS.
You can also navigate to the Navigator section and insert chart indicators from there.
The steps are as follows:
On the top Menu bar, select INSERT > INDICATORS.
You can also navigate to the Navigator section and insert chart indicators from there.
On the top Menu bar, select CHARTS > BAR CHART or use the keyboard shortcut (Alt+1)
Yes, you can trade mini lots (10K) using the MetaTrader platform.
Here is the scale that we use for trading lot sizes on MetaTrader:
0.01 lots = 1,000 units of base currency (or dollars) Our "micro" lot size.
0.10 lots = 10,000 units of base currency (or dollars) Our "mini" lot size.
1.00 lots = 100,000 units of base currency (or dollars) Our "standard" lot size.
**Please note that trading in lot sizes that are not shown in the scale above is possible. An example would be an open a lot position of 0.60 (60,000 units), an 8.00 lot position (800,000 units), and even a 3.20 lot position (320,000 units).
**Also, note that other brokers may use a different scale to trade certain size lots. For instance, another broker may show 1.00 lots on a mini account as 10,000 units
To add time periods to the main menu bar, select VIEW > TOOLBARS > PERIODICITY. (If needed) Use the following legend for applying time periods to charts:
M1 = 1-minute chart
M5 = 5-minute chart
M15 = 15-minute chart
M30 = 30-minute chart
H1 = 1-hour chart
H4 = 4-hour chart
D1 = daily chart
W1 = weekly chart
MN = monthly chart
Within the Market Watch window, all of the currency pairs eligible to trade can be viewed by right-clicking within this section and selecting 'Show All'. All currency pairs will appear thereafter.
