Standard Toolbar Menu and Customizing it on MetaTrader 5
The Standard Toolbar on the MT5 is shown below:
Before explaining how to use each tool listed on this standard tool bar, let's make sure that all the available buttons are added to it by customizing it:
- Right Click on the MT5 toolbar customize button to the left as shown below
2. Click customize 3. Add all Tools
Add Tools
After Adding & customizing, it will look like:
On the platform, the standard MetaTrader 5 tool-bar now looks like:
Explanation of Each Gold Tool on the Standard Toolbar
1: Opens a xauusd chart on MT5 and a trader can specify which type of chart to open by clicking the drop down arrow next to its icon.
2: Profile - can be used to load a saved profile or to save a new profile: these options are provided as a sub-menu from the drop down arrow.
3: Opening and closing market watch window: market watch displays the xauusd quote gold prices for selected xauusd.
4: Data window opens & closes & it displays gold price information as well as other data like indicator's information.
5: Navigator Shortcut, navigator displays Account data, indicators, scripts & Expert Advisors data.
6: Terminal window shortcut, displays the trade transactions opened by a trader - shows open trades, balance, MT5 account equity, transaction history, news, Expert Advisors tab, signals tab and trade alerts tab.
7: Strategy tester opens the XAUUSD Strategy Tester & traders can test their Expert Advisors on this XAUUSD Strategy Tester environment.
8: Places a new order by opening a popup panel where as a trader you can specify the xauusd to buy, the amount to trade, and if the order will be a market order or set as a pending gold trade order.
9: MetaEditor opens the Meta-Editor environment where a trader can add or program an Expert Advisor or a new indicator on this Meta-Editor Environment.
10: Help, if you don't know something in MetaTrader 5 click on this & point on any MetaTrader 5 object and get an explanation.
11: Options settings for editing the MT5 options which are used by your platform, these settings are server settings & Expert Advisors settings found under the main navigation menu on the tools menu, options submenu.
12: Full screen option for setting chart to full screen option, Shortcut is Key-board Key 'F11'
13: Print Chart
14: Print Preview
15: Expert Advisors - activates & deactivating Expert Advisors on a xauusd chart, clicking this button key changes color from green to red, green color means Expert Advisor is allowed, red means Expert Advisor execution not allowed.
Remove Buttons
As a trader you will not require all these button keys and you as a trader can use hide some of them by clicking customize (shown above), then choose some of the items on the right side panel & then choose hide.
Remove the above tools by clicking on them & then clicking the remove button.
