Trade Forex Trading

MT5 Data Window - MT5 Forex Software Guide

MT5 Data window panel shows data about a currency pair, for a specified candle-stick period. For example the charts below, shows how to select data window from view menu options.(Ctrl+D is short cut key for displaying the data window without having to access it from the view menu)

Data Window - MT5 Forex Platform

MT5 Forex Platform Guide - MT5 Data Window Example Explained - How Do I Find MT5 Data Window in MT5?

Once the data panel is selected it will show, the following information about a currency pair.

Price Data Window High, Low, Open and Close Price on MT5 - MT5 Data Window Explained

The following information for a forex pair is shown:

  1. currency pair
  2. Date
  3. Time
  4. Open Price
  5. High
  6. Low
  7. Close Price
  8. Volume

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This data will show info for a particular candle, by scrolling your mouse over the candlesticks on a chart this information will change to reflect the price candle which the mouse has pointed at.

The data widow isn't popularly used in the MT5 FX Trading Platform as compared to the other MT5 Forex Chart windows. However as a trader you can use this data panel to extract & display data & data about any price candlestick & the prices associated with this candle such as the opening price data, closing price data & high & low of price.

Because most traders can obtain this data directly from the charts, then the traders may prefer to use information that is readily available on chart within the MT5 Forex Platform software interface.

Another method to get this data is to use the Cross-Hair Mouse Pointer, To get the Cross Hair Mouse Pointer one only requires to press down & hold down the wheel mouse button and the cross Hair will appear. If your mouse doesn't have a wheel button, please go and buy another one so that you can trade the MT5 cross hair. And from the Cross Hair a trader can get the price data as illustrated below.

Cross Hair Tool - MT5 Forex Software

MetaTrader 5 Cross Hair Pointer in MT5 Forex Charts - MT5 Data Window Example Explained

From the Cross-Hair above the vertical line will show data on the date for the current candlestick, the horizontal line will show price of the at that particular point on the chart. For the above example of EURUSD chart you can see that the date is 2013.10.31 4:00GMT and the Price of the forex is 1.37248 for the selected point. The Open, High, Low, Close and Volume as well as Date is Shown Just below the Charts tab at the bottom of the MT5 Forex Software, Marked as O: H: L: C: V: therefore the cross hair is a shortcut method of viewing data instead of going to the Data Window of the MT5

A trader can even click one point, hold down the mouse & move the mouse to another chart zone to measure the pip movement of price from point to point on the charts in the MT5 Forex Software as Shown below.

Using Cross Hair Tool to Measure Pip Price Movement

Using Cross Hair Tool in MT5 Software to Measure Pip Price Movement - How Do You Use MT5 Data Window PDF?

Cross Hair Data Tool in MT5 Platform