Trading Platforms

Trading Plataforms

Introduction to the MetaTrader 5 Trading Platform

This platform is designed to deal with currencies, stocks, futures and other popular instruments in a variety of financial markets. In the Market Watch window, you will find the list of available symbols from which you will select only those required. Here you can monitor the current quotations, negotiate in a single mouse click and view the tick data. In addition, you can open a new chart and start working with it. The platform simultaneously supports two position recording systems, ie: compensation and coverage. The clearing system allows only one open position in each financial instrument and is traditionally adopted in the foreign exchange markets. At the same time, the accounts with the hedging option allow, in the same financial instrument, the opening of several positions that are taken into account separately from each other. This allows trading, in an asset, running multiple trading systems, including when using different robots.

The functionality of the platform allows you to implement any trading strategies: you can trade directly in the market or use pending orders with a predefined duration. When submitting the trading request, you can specify opening levels, Stop Loss and Take Profit, as well as append comments. For technical analysis, there are dozens of indicators, lines and channels embedded. In addition, you have Gann, Fibonacci, Elliott and graphic objects. The extensive view of options allows you to place and delete orders directly on the chart, move the Stop Loss and Take Profit levels. If you want to feel the pulse of the market, just activate the book of offers and negotiate directly on it.

The quick trading panel provides another interesting option for conducting financial transactions with a single mouse click. In the Navigator window, you can switch between trading accounts, run scripts on charts, indicators, and trading robots. In the Tools window, on the Trading tab, your open positions and orders are displayed. The Assets tab allows you to visually evaluate the current status of the account, and in History you can view transactions and report on them. Then come the News, Calendar and Company tab with information from your brokerage, so you'll be always up to date with the most important events.

The following three tabs display additional trading services. At the Library you will find over 6000 trading robots and technical indicators that can be downloaded and used for free. In addition to this, the Market tab has thousands of trading and analytics applications that you can buy or lease. In the Signals showcases are the accounts of the traders who transmit their online trading operations. Directly from the platform, select an appropriate signal provider, formalize the signature, and copy transactions. In this case, you do not have to perform operations on your own because the platform will automatically repeat the operations of another trader in your trading account. You can start making money by selling your trading signals. Simply register your account as a Signal, set its price and continue trading.

Your sign will be available to be signed by other traders, they will copy your transactions and you will receive an additional income. Here you can rent a virtual server for automatic trading in your account. In just a few clicks, select a web site with minimal latency, set the duration of the rent, and pay in the most convenient way for you. In the virtual platform, you can run trading robots and copy 24-hour signals continuously. This is much easier than renting a VPS from a third-party provider. The following exclusive service is the freelance, here you can order your own trading application to experienced developers. Simply create a new order, select from the submitted orders, choose a developer, and then negotiate the price and order terms.

To protect the interests of both sides, the money is transferred to the developer account only after the completion of the application. If any dispute arises, the parties may apply for Arbitration. You can check out any trading robot in the built-in strategies tester. Simply specify the advisor settings and input parameters, at the end of the test you will receive a detailed report and graphs. To find the best settings, use optimization mode, it allows you to test thousands of combinations of input parameters.

In addition, you can use the cloud network agents MQL5 Cloud Network, so it will save weeks or even months to find the optimal parameters. Now you know the basic features of the trading platform. Watch the next video to find out how to open an account and start trading. .