Metatrader 5 Overview

INTRODUCTION TO NEW ZEALAND DOLLAR

According to Wikipedia.org, New Zealand has a 2008 estimated population of around 4.2 million people, which is the first important fact for us to understand for two reasons. Firstly, as New Zealand's domestic market is so small, it must rely heavily on exports to drive economic growth, making the country especially susceptible to growth or decline in the global economy. This is particularly true when looking at the health of its main trading partners, the largest of which is Australia, followed by the United States, and Japan. Secondly, unlike other countries with a larger population, as the population of New Zealand is small, migration of people into and out of the country can have a significant effect on its economy, and therefore the currency. As Kathy Lien points out in her book Day Trading the Currency Market, strong population migration into New Zealand has contributed significantly to the performance of its economy, because as the population increases, so does domestic consumption.

Like Canada and Australia, New Zealand is a country with vast natural resources, making the economy and therefore currency heavily reliant on exports of commodities such as Wool, food and dairy products, wood and paper products. As Australia is the country's main export market and as the Australian Dollar is also heavily influenced by commodity prices, changes in commodity prices can have a particularly potent affect on the New Zealand Dollar. Although this correlation has broken down somewhat in recent months, as you can see from this chart, the NZD/USD and AUD/USD currency pairs are highly correlated as a result of these factors:

Chart Showing NZD/USD and AUD/USD Correlations:

This is good post which made by MetaQuotes related to the speed of MT5 compare with MT4 for example (the source):

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Yes, in MQL4 it has long been available to 8 simultaneous trade orders of the experts. And tt will not be decreased.

It is possible to provide 100-200 trade transactions in the second from 8 parallel experts Under ideal conditions on MT4.

The MT5 even from one expert synchronously and consistently without much straining can make 1000 sales transactions per second. If multiple robots, several thousand transactions per second. If asynchronous methods, it is also several thousand per second.

Here is an example from 1000 successive transactions in 1 second on the MetaTrader 5 server MetaQuotes-Demo:



The code is taken from the article Comparison of MQL5 and QLUA - why trading in MQL5 to 28 times faster?

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Liquidity for MetaTrader 5 from Just2Trade: 9000+ instruments on NYSE, NASDAQ, LSE and other exchanges

The pool of liquidity providers for MetaTrader 5 is expanding. In the wake of the brokers' interest in the platform, Just2Trade Online Ltd has released an integration solution based on the MetaTrader 5 Gateway to MetaTrader 5.

"Just2Trade liquidity expands the abilities of the companies providing services to their clients via MetaTrader 5" — says Evgeny Zhilin. "We believe, this is the most efficient way to solve the issue of connecting to the necessary markets. Considering the continuous migration of brokers to MetaTrader 5 all over the world, we are awaiting a strong demand from institutional clients. By opening an account in our company, a broker gains access to all available instruments, while the brokerage commission is only charged when making trades. It takes 10 minutes to connect to our gateway by standard means of MetaTrader 5".

MetaTrader 5 Help - Testing Report - What The Numbers In The Expert Testing Report Mean

Testing trading strategies on real ticks

The article provides the results of testing a simple trading strategy in three modes: "1 minute OHLC" using only Open, High, Low and Close prices of minute bars; detailed modeling in "Every tick" mode, as well as the most accurate "Every tick based on real ticks" mode applying actual historical data.

read more

This is the video (and text) from MetaQuotes:

"It demonstrates not only the calculations on the GPU in MQL5 code, but also the graphics capabilities of the terminal:



Full source code in the form of a script is attached to the first post of this thread".

Just attached this script to the chart, and you will see (of course you should have OpenGL in computer).

More article about:

This video was created by MetaQuotes. The script is attached to the original post here.

• OPENCL: THE BRIDGE TO PARALLEL WORLDS
• OPENCL: FROM NAIVE TOWARDS MORE INSIGHTFUL PROGRAMMING
• HOW TO INSTALL AND USE OPENCL FOR CALCULATIONS

Economic Calendar: already available on MQL5.com, coming soon in MetaTrader 5

A new service has been launched on MQL5.com — the economic calendar tool is intended to provide useful information about macroeconomic events. It is considered a major fundamental market analysis tool developed by MetaQuotes Software on the bases of real-time data collected from public sources.
The current version features economic news from the US, Japan and the European Union. Regardless of the broker used, relevant information is delivered to traders without delays, allowing them to instantaneously react to market events. Soon, the new calendar will replace the current one used in MetaTrader 5, so that users of the multi-asset platform will be able to receive up-to-date indicator values immediately after their release. Moreover, it will be possible to access the economic calendar from MQL5 robots and the strategy tester.

Windows XP was released almost 16 years ago, on 25th of October, 2001. It is now considered to be an outdated operating system. Microsoft stopped supporting this system 3 years ago, because potential hardware capabilities could no longer be realized on Windows XP due to technical limitations.

Being an outdated system, Windows XP features a number of dangerous vulnerabilities, one of which was recently revealed by the WannaCry encryptor. That is why:

The MetaTrader platforms will no longer support Windows XP, Windows 2003 and Windows Vista after 01 October 2017.

Older versions of MetaTrader 4 and MetaTrader 5 will continue to work on these systems, but will not be able to receive updates after 01 October 2017. Also, installers will not run on these operating systems.

The minimum required operating system version for running MetaTrader 4/5 will be Windows 7. However, we strongly recommend using the 64-bit versions of Windows 10.

the source

Simplified request to open a real account in MetaTrader 5 iOS build 1605

The new MetaTrader 5 for iOS build 1605 provides the possibility to easily open preliminary brokerage accounts. When opening a new account, select "Open a real account" from the menu, and find your broker in the list of servers. Fill in a simple form with your personal details and attach two documents to confirm your identity and address. You request will be forwarded to the broker, who will open a real account for you and request additional information if necessary.

This article may be usefull for the coders who are tyrng to move from mql4 to mql5 in easy way:

Migrating From MQL4 To MQL5

Many developers have accumulated a lot of indicators and trading strategies written in MQL4. To use them in Metatrader 5, they should be converted to MQL5. It's not so easy to rewrite all programs in MQL5. It would be much easier to convert them, if there were a translation-reference, and better with examples.

In this article I would like to suggest my version of a guide to migrate from MQL4 to MQL5.