Getting Started with MetaTrader 5 Platform - Learn MT5 Software
The following tutorials explain how to use the MetaTrader 5 Forex Trading Platform, each tutorial is accompanied by numerous screen shots so as to help traders to understand the concepts explained and make it easier to learn about this online Forex platform.
Introduction
File
- Opening a Demo Account Procedure
- Open a Forex Chart
- Opening Offline Chart
- Opening a Deleted Chart
- Saving a Profile
- Login to an Account
- Printing Forex Charts
View
- Changing Language
- Tool Bars
- Connection Bars
- Charts Bar
- Market Watch Window
- Data Window
- Navigator Window
- MT5 Terminal Window
- Forex Strategy Tester
Insert
- Indicators Insert Menu
- Insert Line Studies
- Placing Channels
- Gann Lines
- Placing Fibonacci Lines
- Insert Shapes
- Placing Arrows
- Insert Andrew's Pitchfork, Cycle Lines, Text Label
Charts
- Indicators List
- Objects List
- Bar Chart
- Line Chart
- Candlesticks
- Time frames - Periodicity
- Saving a Template
- Grid, Volumes, Auto Scroll and Shift
- Zoom in, Zoom Out and Step by Step
- Setting Properties
Tools
- Place New Order
- History Center on Tools Menu
- Options Settings
- MetaEditor Custom Indicators
- MetaEditor Automated Forex Trading Expert Advisors
Window Menu
Help Menu
Tool Bars
Advanced Topics
- MQL5 Signals - Copy Top MT5 Traders
- Advantages MQL5 Signals
- Signal Seller Advantages
- MQL5 Automated Forex Trading Expert Advisors
How to Place Forex Indicators
- Accelerator Oscillator
- Accumulation Distribution
- Alligator
- ADX
- Average True Range FX Trading Indicator
- Awesome Oscillator
- Bears Power
- Bollinger Bands FX Trading Indicator
- Bulls Power
- Commodity Channel Index
- Demarker
- Force Index
- Fractals
- Gator Oscillator
- Heiken Ashi
- Ichimoku Kinko Hyo Forex Trading Indicator
- MACD
- Market Facilitation Index
- Momentum
- Money Flow Index
- Moving Average Envelopes
- Moving Average FX Trading Indicator
- Moving Average Oscillator
- On Balance Volume
- Parabolic SAR
- Relative Strength Index
- Relative Vigor Index
- Standard Deviation
- Stochastic Oscillator Forex Trading Indicator
- Volumes
- Williams Percentage Range
- Zigzag
The most popular search is how to save a MetaTrader 5 work space in MetaTrader 5, or how to save a system/MT5 chart template. Before starting the tutorial, the screen shot below shows how to save a MT5 chart template or a trading system and also how to save a MetaTrader 5 work space. The same MT5 buttons are also used to load the MT5 chart template on another separate chart. (click on these MT5 buttons to get options on your MT5 Forex Trading Platform)
How to Save a MetaTrader 5 Work Space, How to Save a Template - Forex Platform Trading Tutorials
The MT5 is part of the online forex market. The MetaTrader 5 software is installed on a client's computer.
The screenshot below shows the user interface of the MT5.
MT5 platform Workspace
According to Forex trading platforms reviews, MetaTrader 5 is the most widely used Forex trading platform. This is because it is easy to learn and can do the following tasks.
The MetaTrader 5 software is installed on a forex trader's computer and it is intended to do the following:
- Plot graphical Information about exchange rates in the form of a grid/chart
- Receive streaming exchange quotes from the Forex brokers
- Perform transaction operations: buying and selling of currencies
- Show the open trade transactions and orders within the Forex platform workspace
- Perform forex technical analysis
- Testing of strategies on practice demo accounts
- Programming of custom indicators and Automated Forex Trading Expert Advisors for the purpose of automated forex trading.
- Provide statements of transaction history and a summary of profits/losses.
The MetaTrader 5 online Forex trading platform which is also known as MT5, is designed to provide technical tools that can be used by traders to make buy or sell decisions. This forex trading platform provides online exchange quotes and streaming data about forex price movement plotted in the form of forex price charts. This information is delivered directly to the MetaTrader 5 Forex Trading Platform interface. This information that is delivered in the form of real time quotes is then analyzed using the technical tools provided for within this online trading platform.
This is a free Forex trading software that is provided for by online Forex brokers. You can download the platform from online brokers websites, once you download it, you should then install the platform on a computer that has an internet connection and then connect to your broker and start receiving streaming quotes.
The MetaTrader 5 has different windows and chart panels, each designed to deliver a different type of market information, starting with the exchange rate quotes used to plot forex graphs to the market data window, MT5 tool bars for attaching technical indicators and the main menu bar used to navigate the platform.
