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Metatrader 5 Overview

This is a discussion on Metatrader 5 Overview within the HowToBasic forums, part of the Announcements category; MetaTrader 5 How to install Expert Advisors...

      
   
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    MetaTrader 5 How to install Expert Advisors


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    MetaTrader 5 How-to guide for Android


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    MetaTrader 5 How to navigate MT5




    =====

    MetaTrader 5 - More Than You Can Imagine! :

    The interface of the MetaTrader 5 terminal is now even more convenient. The Navigator window allows you to manage many operations in the terminal, like opening a new demo account or attaching Expert Advisors, indicators and scripts to charts.


    2.1. Find a Server by the Broker's Name.
    Another convenient new feature of MetaTrader 5 is adding brokers' servers by their names. With the previous version, you had to contact your broker to find out the IP address of the trade server or download a special client terminal. Now you simply enter the name of the broker. The system automatically finds the server at the specified name and adds it to the list


    2.2. Grouping of Programs. Another convenience of the Navigator is grouping of programs. The technical indicators available in the standard delivery pack are grouped based on their type: Trend Indicators, Oscillators, Volume Indicators, and Bill Williams' Indicators. Custom Indicators, Expert Advisors and scripts are also grouped into separate branches. Moreover, a hierarchy similar to the folder structure on a disk is supported within the branches. For example, you can arrange your custom indicators into subfolders /MQL5/Indicators/My, /MQL5/Indicators/CodeBase, etc. You'll see the same storage structure in the Navigator window.

    MQL5 programs purchased through the Market are automatically placed in the appropriate subcategory Market in Expert Advisors, Custom Indicators and Scripts.


    2.3. Further Development of Programs.
    If you need to modify an application (in case its source code is available), select it and press Enter. The source code of the application will be immediately opened in the MetaEditor.

    2.4. Downloads from the Code Base.
    Through the tight integration of the MetaTrader 5 trading terminal with the MQL5.community services, right from the Navigator you can start downloading an Expert Advisor, an indicator or a script from the Code Base in just one click. A special command "more" is available in each category of applications. The figure in the command indicates the number of applications available for download


    2.5. Rapid Tests. Any Expert Advisor or indicator can be tested in two clicks using "Test" context command. The strategy tester will be opened immediately. The only thing you have to do is to set the necessary parameters and run the test.

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    Introduction to MetaTrader 5

    Watch this video to learn more about MetaTrader 5.


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    How to Install Metatrader 4 and 5 on a Mac


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    MetaTrader 4 Mobile Now Available for iPhone 5 and All iPad Models

    The new version 501 of MetaTrader 4 for iOS devices is now available. The key feature that has been added is native support for all iPad models (including the iPad with Retina display) and iPhone 5.

    Metatrader 5 Overview-ios_devices_metatrader4_new__1.jpg


    In addition to native support for mobile devices, the new version of the application features an enhanced graphical system. It provides a better performance and improved functionality when working with charts. The new version also includes financial news and internal mailbox that allows traders to communicate with broker's representatives over a secure channel.

    "When working on the new version, we were committed to providing compatibility with the new iPhone 5, - said Renat Fatkhullin, CEO of MetaQuotes Software Corp. - But what is most important is support for all iPad models anticipated by many traders. Moreover, the terminal for iPad has greater features than that for iPhone".

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    Brokers that offer MT5 (I did not test those brokers sorry ... just a list):



    MT5 ECN brokers



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    MQL5 Automated Trading Robots and Expert Advisors Code Base For MetaTrader 5

    MQL5 code base is the official coding community for trading robots commonly known as EAs for the new MetaTrader 5 forex trading platform. EAs or Automated forex trading is a popular forex topic among forex traders. However, the challenge for traders is how to find a good quality forex trading robot. This is where MQL5 Market comes in; MQL5 Market is hosted by MetaQuotes Software Corp. , The Makers of MetaTrader Software. To get a good quality forex trading robots a Trader Should Join the MQL5 Community of Automated Forex Traders.

    For a new forex trader or any other trader wanting to learn how to start automated forex trading, the best place to start at is at the official MQL5 codebase community that is hosted by MetaQuotes Software Corp. the maker of MetaTrader 5. The MQL5 codebase is hosted by the programmers of MetaTrader 5, the programming language of MetaTrader 5 is known as MQL5.

    MQL5 Market – Automated Forex Trading

    As a new trader you can go to the MQL5 website (www.mql5.com) and learn what is automated trading and how to write an Expert Advisor to trade with. But because most forex traders may not want to learn a programming language and may want to use their time for trading, A trader who doesn’t want to learn programming can directly access trading robots on the MQL5 Market, The MQL5 Market is a community where Expert Forex traders using automated trading robots that are profitable sell their automated forex trading systems, Traders can Buy a forex Robot from the expert traders or order one to be coded for them using the MQL5 Market.

    The MQL5 is also a good place for experienced forex currency traders, the MQL5 Market allows experienced traders who can demonstrate that they have a profitable trading robot to get additional earnings by placing their robots on the MQL5 Market. These Trading Robots are also made available directly From the MetaTrader 5, where traders using the MetaTrader 5 can access these trading robots. The screenshot below shows how a trader can access the

    Market from the MetaTrader 5 Software.
    Forex Trader can access the MQL5 Market directly from the MetaTrader 5 platform. The trader can then automatically install the trading robot onto their forex trading platform and start trading with the automated trading robot. The MQL5 Market contains free trading robots and free Expert Advisors as well the paid forex trading robots. The trader can also try out any forex trading robot by downloading the demo version of a forex trading robot after registering in the MQL5 Community.

    The Trading robots with the most credits are the most profitable forex trading EAs, These are also the top rated, and a trader may want to start with the top rated trading robots on the MQL5 Market. However, the top rated trading robots are not free and the owners of these systems will sometimes require a trader to make a payment so as to get access to them.

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    MetaTrader 5 iPhone Charting System


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    MetaTrader 5 Realtime Control of Optimization


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