MT5 Navigator Window

The MT5 Navigator window is mainly used to navigate the most widely used areas of the MT5 Oil Platform. These areas are:

1. Accounts: Demo and Live Accounts
2. Indicators
3. Automated Oil Expert-Advisors: A list of automated crude oil trading bots within this MT5 Oil Trading Platform
4. Custom Indicators:
5. Scripts: Scripts are used to execute some tasks in the MT5

As a trader once you have selected the Navigator Button the following navigator window will appear on your MT5.

Crude Oil Trading Accounts Menu

The First menu option on Navigator list is Accounts tab. To view the accounts tab, you can click the expand button (marked as +), and a list of your saved accounts will appear. Every time you sign in with a new MetaTrader 5 account the details will be saved under this "Accounts Tab".

By double clicking on any MT5 account you can activate the login and login to that account. You can switch from one MT5 account to the other using this crude oil trading accounts tab.

The example explained below shows two accounts recorded under this tab, a demo MT5 account marked as a green cartoon and a Live MT5 account marked as a oil cartoon. From this crude oil trading accounts tab, a trader can switch between any of this 2 accounts by double-clicking on any one of them.

MT5 Navigation Menu

1. Indicators
2. Automated Oil Expert-Advisors: A list of automated crude oil trading bots within this MT5 Oil Trading Platform
3. Custom Indicators:
4. Scripts: Scripts are used to execute some tasks in the MT5

The above are shown below on screen-shot, to view more option under each of these, traders click the expand button "+ button key", this will show more options, to hide, just click " - button". For examples the "Automated Oil Expert Advisors" option below has been expanded.

These tutorials will be covered in more details later, but for now as a trader the following brief introduction about each will do.

Indicators: Indicators are crude oil analysis tools used in trading and placed on Oil chart, these tools are used to generate buy and sell trading signals.

Automated Oil Trading EAs: Automated robots that are used to place crude oil trades by generating buy & sell oil signal automatically using programs which are coded using the MQL4 coding language.

Custom Indicators: A custom indicator includes an indicator that you have modified or downloaded from the inter net and then installed it on your MT5 Oil Platform, this technical indicator will be listed here as a "custom technical indicator"

Scripts: This is a function used to perform a certain task, for example if you open five crude oil trades and want to close all of them at once you can attach a "script close" on your chart thereby closing all open crude oil trades at once (However, you need to set up some setting on the MetaTrader to allow scripts execution trading, that is a topic for later.)

The Navigator will be one of your mainly used panel when trading, to access it using a short-cut, press "Ctrl+N" button key on your key-board to display or hide it.