Trade Forex Trading

Getting Started With MT5 Stock Platform

The following tutorials explain how to use the MT5 Platform, each tutorial is accompanied by numerous screen shots so as to help traders to understand the concepts explained & make it easier to learn about this online stock software.

Introduction

File

View

Insert

Charts

Tools

Window Menu

Help Menu

Tool-Bars

Advanced Topics

Online Stocks Broker

How to Place Indicators

The most popular search is how to save a MT5 work space in MT5, 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 system and also how to save a MT5 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 Platform)

How Do You Interpret Trade System Signal?

How to Save a MT5 Work Space, How to Save a Template - Platform Tutorials

The MetaTrader 5 is part of the online market. The MT5 software is installed on a client's computer.

The screenshot below shows the user inter-face of MetaTrader 5.

Learn MT5 Platform Tutorial - How to Use Software for Beginner Traders

MetaTrader 5 platform Workspace

According to stock softwares reviews, MT5 is the most widely used platform. This is because it's easy to learn & can do the following tasks.

The MetaTrader 5 software is installed on a trader's Desktop computer and it is intended to do the following:

  • Plot graphical Data about exchange rates in form of a grid/chart
  • Receive streaming exchange quotes from the stock brokers
  • Perform trade operations: buying and selling
  • Show the open trade transactions & orders within the software work space
  • Perform technical analysis
  • Testing of strategies on practice demo accounts
  • Coding of custom indicators and Automated Automated Expert Advisors for the purpose of automated stocks.
  • Provide statements of transaction history and a summary of profits/losses.

The MT5 online 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 software provides online exchange quotes & streaming data about price movement drawn in the form of price charts. This information is delivered directly to the MT5 Platform inter-face. This information that is delivered in format of realtime quotes is then interpreted using the technical tools provided for within this online software.

This is a free software that is provided for by online brokers. You can download the software from online brokers sites, once you download it, you should then setup & setup the platform on a Desktop PC computer that has an internet connectivity & then connect to your broker & start receiving real-time quotes.

The MT5 has different window and chart panels, each designed to deliver a different type of market data, beginning with the exchange rate quotes used to draw stocks graphs to the market data window, MT5 tool bars for attaching indicators and the main menu bar used to navigate the platform.