Company MetaQuotes developed platform MetaTrader 5  three years ago. The developer was to create a completely new multi-market platform that meets the ever-increasing requirements of brokers and traders. The main purpose of MetaTrader 5 was to expand functionality - like the ability to trade in the foreign exchange and stock markets.

 

The result was the release of MetaQuotes client terminal, which took place on June 1, 2010, has a new trading system, distributed architecture, high performance and flexibility. In contrast to the MetaTrader 4, the new platform is designed to work not only in the markets of Forex and CFD, but for stock trading from one account. In the Metatrader4 it was not possible.

 

At the moment, the idea of combining is not implemented completely, so traders can evaluate all the possible benefits of this product so far only in demo mode. Terminal MT5 available in English and Russian interface.

 

Important changes have occurred in the trading process - has changed the concept of working with positions, adding new orders. In Metatrader 5 sold addition Market Watch - stock glass - a tabular or graphical display of the current sentiment on any market instrument. Otherwise, it is called a "window of applications." In practical terms, the exchange glass can be useful for a mid-term and short-term trading, as well as scalping. While the glass in MT5 is not available for online trading and is also to be expanded.

 

Another important feature of the MetaTrader 5 terminal - a ban on the usual forex traders – lock (Lock) as platforms for stock trading. Here, everyone traded instrument can be only one position. Now order - an order for execution of trading operations, resulting in the formation transactions. The position of the - is the amount of orders opened for each individual instrument.

 

Analytical capabilities in MT5 is also widened. In MetaTrader 5 developers have tried to give forex traders and exchange as many opportunities as possible for technical analysis.

At the disposal of traders, as in MetaTrader 4, three types of charts: line, bars and Japanese candlesticks. For the analysis of the market, you can use built-in forex and stock exchange indicators – from AO Bill Williams and moving averages to the Ichimoku cloud and Parabolic Sar - a total of 38 built-in technical indicators, created by professional traders.
 
There are 39 graphics that perform layout for  wave analysis, apply support and resistance levels, draw trend, inclined channels and many MQL5-indicators. All of these analytical tools can be combined in different ways: on the indicators can be applied objects, build indicators from other indicators and so on. For convenience, the indicators are divided into groups: trend, oscillators, volumes, Bill Williams and others.
 

History of quotes in MetaTrader 5 is stored only in the form of minutes and (M1), and all the charts are based on them. This solution has increased the number of timeframes to 21, and to analyze quotes, you can use any time - from minute to month. The main limitation of timeframes - their multiplicity: one hour must be an integer minute periods. This rule satisfy timeframes M1, M2, M3, M4, M5, M6, M10, M12, M15, M20 and M30.

 

For the development and use of  advisors, custom indicators and scripts in terminal MetaTrader 5 answers integrated development environment MQL5 . It includes MetaEditor 5, MetaTrader 5 Strategy Tester, MetaQuotes Language 5 (MQL5) and MetaTrader 5 client terminal, which are performed by experts. Tester trading system yet, but his ideology is fundamentally different from that to which we are accustomed in MT4.

 

Language for trade strategies MQL5 has a very high speed of execution and this index very close to the language C + +. Compared to MQL4 language faster 4-20 times. This allows the use of more complex experts capable of processing large amounts of information at a time and, therefore, more accurate predictions of price movements. In addition, the new language is object-oriented, which facilitates and accelerates the development of counselors.

 
Experts used to write the editor MetaEditor 5 , equipped with a new system of IntelliSense. The system automatically adds the various language constructs and displays hints to the parameters of various functions.With the tool MetaTrader 5 Strategy Tester you can get the results of an expert on the history of the behavior before using it in real trading. Detailed reports on trading system will evaluate the counselor and to identify weak points in it, and also to compare the EA with other developments.

 

MetaTrader 5 terminal outperforms the previous version of MT4 by access to stock trading and object-oriented programming language MQL5. MT 5 platform for trading in beta offer these forex brockers league ranking forex brokers Academy Masterforex-V, as NordFX, Alpari, TeleTrade, FIBO Group, EXNESS. But many brokers and brokers and brokers and DC Forex - FOREX MMCIS group, ICM Brokers, FreshForex, Finam, Forex Club – do not use the new version of the MetaTrader 5, since it has no significant part of the functional.

 

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