Exposure to MetaTrader 5
MetaTrader 5 – a new trading platform, which was created due to the wishes of both traders and brokers. The external interface of MetaTrader 5 looks like its predecessor MetaTrader 4.
However, the key feature of the MetaTrader 5 trading platform is in its universality. As in MT4 here is ability of working with currency pairs, CFD and futures, but with the new version you will be able to trade via one account on several markets, and that is a significant difference from the previous version of the terminal.
One more nice bonus from MT5 developers - is the interface in Russian and English languages, as well as several additional orders. Traders got the ability to use the trade blotter or "request window" (graphical representation of the sales and purchases ratio). MetaTrader 4 does not have this function, but if you like medium-term or short-term trading strategy, it will be very useful for a more effective market analysis.
MT5 is more perfect in terms of transactions and positions. Every financial instrument is characterized by only one position, and order – is an order to execute the trading operation. Each position is the sum of the positions for the one trading instrument, rather than a set number of positions, as in MT4.
Thus, the new MetaTrader 5 does not allow to lock positions, it means, if you have already opened position, there is no ability to open another one for the same amount, but in the opposite direction.
Developers are also preserved in MetaTrader 5 tremendous opportunities for the price analysis that were in the previous version. As always you can use three types of charts (bar chart, line and candlestick), lots of graphics and 38 indicators, divided into groups for convenience. These tools can be combined howsoever by placing objects on the indicators or creating new indicators based on other ones.
01-21-2017, 07:33 PM
In fact, my brother, I do not use MetaTrader platform 5 but used MetaTrader 4 platform because its too many of them features It's fast in the execution of orders and also operate with less possibilities of computer and less connection from the Internet and you can open it from the computer or laptop or phone or any other device